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China announces plan for space-based solar power generation
China has unveiled plans to develop space-based solar stations, aiming to collect energy unaffected by weather or night cycles. The project involves installing a 1 km-wide solar array in geostationary orbit, 36,000 km above Earth. Senior scientist Long Lehao compared the initiative to the Three Gorges Dam in orbit, highlighting its potential to generate yearly…
INOXAP begins speciality gas supply to ReNew’s solar PV cell plant in Gujarat
INOX Air Products (INOXAP) has commenced the supply of electronic and speciality gases to ReNew’s first solar photovoltaic (PV) cell manufacturing facility in Dholera, Gujarat. Under a long-term agreement, INOXAP provides critical gases such as nitrous oxide, ammonia, and silane through a logistics system comprising ISO containers and tube trailers owned by INOXAP. The partnership…
Waaree Energies to acquire 100% stake in Enel Green Power India
Waaree Energies Limited has signed an agreement to acquire 100% of Enel Green Power India Pvt Ltd (EGP India) from Enel Green Power Development S.R.L. The acquisition, valued at Rs 7.92 billion, is subject to customary closing adjustments. EGP India operates a renewable energy platform with a net capacity of approximately 640 MW AC (760…
L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract
Larsen & Toubro (L&T) has raised Rs 5 billion through India’s first environmental, social, and governance (ESG) bonds. The funds were mobilised via non-convertible debentures (NCDs) at a 6.35% coupon rate with a three-year maturity. The bonds were listed on the National Stock Exchange (NSE) and issued under the Securities and Exchange Board of India’s…
Delhi to build floating solar panels over Munak Canal
The Delhi government is planning a floating solar project on the Munak Canal. The project is in the planning phase. Feasibility studies are underway. A detailed project report and technical design are expected soon. Water Minister Parvesh Sahib Singh said the canal plays a vital role in Delhi’s water supply but also causes losses and…
Group Surya commissions 500 MW G12R module line in Odisha
Group Surya, parent of Surya International Enterprise Limited, has commissioned a fully automated G12R solar module manufacturing line at its Bhubaneswar facility in Odisha. The company stated that the line is the first in the state capable of producing G12R-format modules. The new line has an installed annual capacity of 500 MW and operates at…
