Highlights

Solar Energy Corp. of India has released draft guidelines for a tender to set up standalone battery energy storage systems in India.

A new Air Products project in Louisiana is expected to create 170 permanent jobs and represents its largest-ever investment in the United States.

Re-Source 2021 in Amsterdam has kicked off and the pivotal timing of the event has not been lost on any of the attendees or speakers. It is the time to kickstart the energy transition, and following the European Commission’s endorsement of corporate renewable PPAs as a solution to surging energy prices, this is the room where it could happen.

Octopus Energy and RES have announced a new partnership under which they plan to invest GBP 3 billion in the construction of green hydrogen plants throughout the United Kingdom by 2030.

Mining giant BHP is poised to finalize a “bespoke” renewable energy agreement with the Australian arm of Spanish energy group Iberdrola for the 317 MW Port August Renewable Energy Park in South Australia. The deal will supply up to 50% of the miner’s electricity needs for its Olympic Dam mining operation.

If a U.S. customs enforcement action were to take place, importers would need to prove that no forced labor was used at any stage of production, including all the way back to the mine.

Reliance New Energy Solar, a subsidiary of Reliance Industries led by billionaire Mukesh Ambani, which is planning a huge manufacturing venture in Gujarat, India, has led a series C financing round in German wafer manufacturer NexWafe with an investment of EUR 25 million ($29 million). This marks the third major investment in renewables announced by the Indian multinational this week.

Manufacturing giant JinkoSolar has set another world record for n-type solar cell efficiencies with its TOPCon technology, this time pushing to 25.4%. The new world record was confirmed by JET laboratories in Japan, and surpasses JinkoSolar’s previous record of 25.25% set back in May.

Reliance New Energy Solar has signed an agreement with Danish firm Stiesdal A/S to develop and manufacture Stiesdal HydroGen electrolyzers for green hydrogen production in India.

Ahead of the COP26 conference beginning in Glasgow later this month, the International Energy Agency this week published its World Energy Outlook report for 2021. While it expects rapid growth in renewable energy, the report finds that, on top of currently stated policies, annual energy transition-related investments would need to reach US$4 trillion annually by 2030.