Indian renewables company ReNew Power, oil refiner IndianOil and engineering company Larsen & Toubro (L&T) have formed a joint venture (JV) to develop green hydrogen projects in India, with the latter two forming a separate JV dedicated to manufacturing electrolysers in India.
Newly formed solar developer AMPYR Energy USA will aim to offset lower returns from power purchase agreements (PPAs) by leveraging merchant markets to increase revenue.
Asset management group AGP Sustainable Real Assets and energy trading company Hartree Partners are forming a new joint venture (JV) that will aim to build a 5GW utility-scale solar platform in the US.
Swedish renewable developer Recap Energy and Finnish investment company Korkia have signed a joint venture (JV) to develop more than 200MWp of ground-mounted solar PV projects in Sweden over the next four years.
Following the formation earlier this year of community solar developer and operator Reactivate, PV Tech Premium talks with the business’s head of EPC, Utopia Hill, about its strategy of partnering with smaller contractors and the challenges it could face as it bids to reach 3GW of installed capacity.
Spanish oil and gas major Repsol and telecommunications firm Telefonica have formed a joint venture (JV) to provide solar installs and energy services across different target markets in Spain.
Norwegian renewables company Scatec and Indian solar developer ACME Group have signed a joint venture agreement to develop a large-scale green ammonia facility in Oman with an annual capacity of 1.2 million tonnes once fully developed.
Global mining giant Peabody Energy has entered the solar industry by launching R3 Renewables, a renewable energy company aiming to deploy over 3.3GW of solar PV and 1.6GW of battery storage capacity over the next five years.
Energy major Shell and Brazilian steel company Gerdau have penned a 50-50 joint venture (JV) agreement for the development, construction and operation of a 260MWp solar PV project in the solar hotbed state of Minas Gerais.
