Energy major TotalEnergies has signed two power purchase agreements (PPA) with fellow French industrial gases company Air Liquide for 260MW of solar PV and wind power. The power offtaken will supply the Secunda oxygen production site in South Africa.
Siemens Energy and renewables infrastructure provider Brooge Renewable Energy (BRE) have partnered to build a 650MW solar PV plant to supply BRE’s green ammonia project in Abu Dhabi.
Long-term domestic supply deals and strategic partnerships between companies in the PV value chain are increasingly key to long-term supply chain security and ensuring project delivery to appropriate standards.
PV manufacturer Risen Energy has recorded a 23.89% efficiency rating on its Hyper-ion heterojunction technology (HJT) solar module, which it claims is a new world record for HJT module efficiency.
Solar equipment provider Mondragon Assembly has signed a supply agreement with PV module manufacturer Voltec to update its module assembly line in France.
India needs to issue more renewable energy tenders if it is to meet the government’s target of 450GW of installed capacity by 2030, as the changing preferences of distribution companies have seen less uptake and states have been inconsistent in fulfilling purchase obligations.
Indian renewable energy independent power producer ReNew Power has narrowed its net loss in Q3 FY23 year-on-year, while there was an increase in total income due to expanded operating capacity.
