TotalEnergies is expanding its partnership with Indian conglomerate Adani Group as they aim to deliver the world’s largest green hydrogen ecosystem in India.
Indian independent power producer (IPP) Azure Power has made a US$12.9 million investment in solar manufacturer Premier Energies while also locking in domestic PV module supply from the company.
A group of investors including Statkraft Ventures has invested US$3 million in software-as-a-service (SaaS) company Glint Solar and its site identification technology for both ground mounted and floating solar parks.
The Indian solar sector looks set for significant levels of disruptions over the next two years, with the government’s drive to establish a domestic manufacturing base risking deployment and investments needing to double if it is to meet its climate targets, according to industry analysts.
Spanish oil major Repsol has sold a 25% stake of its renewables arm to a consortium formed by Crédit Agricole Assurances and Energy Infrastructure Partners.
REC Silicon will negotiate a raw material supply agreement with silicon metal provider Ferroglobe as part of a new collaboration between the companies aimed at building a US-based solar supply chain.
Japan is forecast to have 111GW of installed solar by 2025 under a business as usual scenario, with this rising to 154GW by 2030. If it were to aim higher, however, under an ‘accelerated scenario’, it could hit 115GW of installed PV by 2025 and top 180GW by 2030, according to a new analysis by RTS Corporation.
