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Scatec enters the Indian market by signing agreement for a


Scatec enters the Indian market by signing agreement for a 900 MW solar power plant
June 03, 2021 02:42 ET
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Oslo, NORWAY
Oslo, 3 June 2021: Scatec has today entered a partnership with ACME, a leading solar developer in India, to realise a 900 MW solar power plant in the state of Rajasthan, India. The project holds a 25-year PPA with Solar Energy Corporation of India (SECI) secured in a tender in 2018.
“We are excited to partner with ACME, a leading solar power developer, on our first project in India. The country is targeting a significant growth in renewable energy capacity by 2030 and is a key growth market for renewables. We have already established presence on the ground and are positioning for future tenders within solar, wind and hybrids”, says Raymond Carlsen, CEO of Scatec.  ....

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Acme Solar, France' Lhyfe Labs plan green hydrogen business in India and Europe


Acme Solar, Lhyfe Labs plan green hydrogen ops in India
It is possible to produce hydrogen to power fuel cells by extracting the gas from seawater, but the electricity required to do it makes the process costly. Photo: AFP
(AFP)
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Acme Solar Holdings Ltd, India’s largest pure-play solar platform plans to jointly produce green hydrogen in India and Europe with Lhyfe Labs SAS of France.
Green or clean hydrogen gas is produced by splitting water into hydrogen and oxygen using an electrolyzer that may be fed by wind power, solar power, or hydro power. Hydrogen is also produced by electrolysis using fossil fuels, a practice that is being increasingly shunned because of climate change concerns. ....

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