Renewable energy in India : News & Updates

kharabela

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First Solar is investing $684 million, with 70 per cent of the investment already made, to produce 3.5 GW of thin film modules in India. The plant is nearing production, and the first shipments are likely to occur in October.

 

kharabela

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A manufacturing facility for biogas plants in Pune — spanning 1.30 lakh square ft, built with an investment of around 1.8 million dollars — was inaugurated on World Environment Day. . Mexico-headquartered Sistema.bio already works with 50,000 plus smallholder farmers in India across 21 states including Maharashtra, Karnataka, Gujarat, Assam and Chhatisgarh . By the end of 2023, the company is looking at the installation of additional 40,000 biogas plants.

 

kharabela

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International Battery Company (IBC), which is considering setting up a proprietary Lithium Nickel Manganese Cobalt prismatic cell manufacturing industry in Karnataka by investing Rs 8,000 crore . The company has asked the government to provide 100 acres of land at the Information Technology Investment Region (ITIR) at Devanahalli on the outskirts of Bengaluru.

 

kharabela

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Government of India set to launch grid battery subsidy scheme worth $2.63 billion

 

kharabela

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Govt has introduced two schemes to incentivise the manufacturing of electrolysers and Green Hydrogen as a part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program worth Rs 17,490 crore ( approx 3bil $ ) under the National Green Hydrogen Mission.

 

kharabela

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World Bank’s board of executive directors has approved $1.5 billion in financing to accelerate India’s development of low-carbon energy.


Taiwanese companies have expressed interest to collaborate with the Karnataka in converting diesel-run Bengaluru Metropolitan Transport Corporation (BMTC) buses into electric ones.

 

kharabela

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GAIL is entering an innovative venture with LanzaTech, a US carbon capture and utilization company. LanzaTech’s CCU technology (carbon capture and conversion) works like a brewery: proprietary bacteria consume carbon-rich pollution from industrial facilities and convert it into Carbon Smart chemicals to create rubber, plastics, synthetic fibers, and fuels. These materials form the building blocks for consumer products such as clothing, laundry detergent, and sustainable aviation fuel .

 

RISING SUN

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