ReNew Energy Global and Japan’s Jera have teamed up to develop a green ammonia project in the Indian state of Odisha. It will have an annual production capacity of around 100,000 tons by 2030, with Jera serving as the offtaker.
A flat year for solar installation numbers in Japan could be seen as positive in a nation switching to new PV business models, writes Izumi Kaizuka, director of research for Japanese solar consultancy RTS Corp.
PG&E has secured approval to set up a vehicle-to-grid (V2G) export compensation mechanism for commercial EV charging customers in California. Sono Motors is debuting its Sion solar electric vehicles in the US market, while Toyota and Jera are installing innovative second-life battery systems in Japan.
The Indian developer will hold a 51% stake in the venture, with Seoul-based GS E&C taking the remainder. The capacity was awarded under Solar Energy Corp. of India’s tranche-IV auction earlier this year.
Solar infrastructure developer Lyon Group has launched a joint venture with two Asian energy generators to use integrated battery storage systems to reduce curtailment risks and increase the flexibility of renewable energy plants in the Asia-Pacific region.
Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
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