India

Mangalore Refinery and Petrochemicals has started accepting bids to build, own, and operate a green hydrogen plant to supply 10 kilotons per annum (ktpa( of green hydrogen. It says it will sign a 25-year gas purchase agreement with the successful bidder.

ACME Solar Holdings has submitted a request for a $359.13 million initial public offering (IPO).

NTPC has started accepting bids from developers to supply 1.2 GW of wind-solar hybrid projects throughout India. Solar Energy Corp. of India (SECI) is also accepting bids to develop 400 MW of wind-solar hybrid power projects on a build-own-operate basis.

The World Bank has approved a $1.5 billion loan to help promote the development of the green hydrogen market and scale up renewable energy penetration in India.

Solar Energy Corp. of India (SECI) has started accepting proposals to set up 1 GW/2 GWh of standalone battery energy storage systems (BESS) connected to India’s interstate transmission system (ISTS). Bidding closes on Aug. 5.

India installed about 11.7 GW of utility-scale solar capacity and another 3 GW of rooftop solar capacity in the 12 months ending March 31, 2024.

Cleantech Solar says it has secured $102.5 million of long-term debt financing from Aseem Infrastructure Finance.

Brookfield Asset Management says it aims to more than triple its renewable energy assets under management in India to more than $10 billion within the next three to four years.

Waaree Energies says it has obtained a contract to supply its p-type bifacial solar modules for a 412.5 MW project that Acciona Energy is developing in Rajasthan, India.

Larsen & Toubro (L&T) has secured a contract to build a 185 MW grid-connected solar project and a 254 MWh battery energy storage system (BESS) in Bihar, India.