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Amp Energy India has announced a joint venture (JV) with Websol Energy to manufacture and produce solar cells and modules. The two companies have signed a term sheet for the formation of a joint venture to produce monocrystalline PERC solar cells in two phases of 600 MW each at Websol's existing facility in Falta, West Bengal. Websol will hold 51% and Amp Energy will hold 49%. The project will be financed through a combination of debt and equity and will have an off-take agreement with Amp Energy India for up to 50% of production.

Germany will launch new solar tenders and improve biogas plant regulations, according to draft laws. The draft law follows Russia's invasion of Ukraine and Germany's attempt to reduce Russia's fossil fuel imports. Berlin plans to launch an additional "special crisis" tender for 1,500 megawatts of solar power in January 2023, the draft shows. It also plans to lift production limits on small solar power plants.

Tuesday, 06 September 2022 16:12

Suzlon bags 180.6 MW wind energy project

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Suzlon Energy has won an order for a 180.6 MW wind energy project under Sembcorp. The project is located at Kanakagiribad in Bagalkot, Karnataka and is expected to be commissioned in 2024. Suzlon will install 86 wind turbines with Hybrid Lattice Tube (HLT) towers, each rated at 2.1 MW.

Turkey is working to boost its renewable energy capacity to reduce its reliance on energy imports amid rising prices due to the crisis and Russia's invasion of Ukraine. Renewables accounted for more than half of the country's total installed capacity at the end of March, totaling more than 100 gigawatts. Renewables accounted for more than 95 percent of the country's new electricity capacity last year. The annual consumption of natural gas is expected to reach 6.2-63 billion cubic meters in 2022.

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