Uma Gupta
Gautam Adani indicted in U.S for alleged solar-related bribery scheme
Gautam Adani faces an indictment in the United States over claims it led a scheme to bribe Indian officials to secure multibillion-dollar solar contracts. The charges allege the group concealed its actions while seeking capital from US and global investors.
Microsoft signs 437.6 MW green energy deal with ReNew
India’s ReNew says it has signed a 437.6 MW green attribute contract with Microsoft, supporting the US tech giant’s goal to be carbon-negative by 2030.
First Solar to power its module factory in India with solar and wind
Cleantech Solar says it plans to develop 150 MW of solar and 16.8 MW of wind in India, supplying around 7.3 GWh of clean electricity to First Solar’s new 3.3 GW vertically integrated solar factory in the state of Tamil Nadu. The solar component of the project will use First Solar’s India-made Series 7 modules.
Waaree Energies to build 5 GW solar cell, module factory in U.S.
India’s Waaree Energies says it will build a solar module manufacturing facility with an initial capacity of 3 GW per year by December 2024. It plans to ramp up to an integrated 5 GW cell facility by 2027 and has already secured an offtake contract with SB Energy.
Waaree to supply 1.5 GW of TOPCon solar modules for U.S. projects
Waaree Energies has signed a three-year deal with Spanish developer Acciona to supply 1.5 GW of TOPCon solar modules for Acciona’s PV installations in the United States from 2024 to 2026. The contract follows Waaree’s latest 850 MW mono PERC shipment to Acciona’s four projects in the U.S.
U.S., China dominate solar investment
China and the United States consistently attract the most annual solar investments. Together, they have received about 50% of all solar investments since 2015, according to a new report by the International Solar Alliance.
U.S. and India launch joint renewable energy tech platform
The renewable energy platform has an initial focus on green hydrogen, wind power, long-duration energy storage, and the exploration of geothermal energy.
Prescinto secures deal with energy storage major in USA
India-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has expanded beyond wind and solar into the rapidly accelerating energy storage market and added North America to its growing international portfolio.
Reliance Industries to acquire majority stake in U.S. solar startup
Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle.
