Indian independent power producer Hero Future Energies has planned to invest INR30,000 crore (US$3.6 billion) in renewables in the Indian state of Andhra Pradesh.
Private equity firm KKR and Hero Group have invested US$450 million in Indian independent power producer (IPP) Hero Future Energies (HFE) to support its renewables expansion.
Renewables developer Hero Future Energies (HFE) has formed a partnership with electrolyser manufacturer Ohmium International to develop and build 1GW of green hydrogen plants across India, the UK and Europe.
Solar developers have welcomed clarification on India’s new import duties for modules and cells that will come into effect next year, but questions have been raised about the ability of domestic manufacturers to ramp up production to meet rising demand.
India’s Ministry of Finance has temporarily deferred its imposition of a 25% safeguard duty on solar cell and module imports in compliance with a stay issued by the High Court of Orissa.
Delhi-headquartered renewable energy firm Hero Future Energies has completed India’s first large-scale solar and wind energy hybrid project in the state of Karnataka. PV Tech reports from the inauguration and interviews Hero's chairman and managing director Rahul Munjal.
The Indian Solar Manufacturers Association (ISMA) has withdrawn its anti-dumping petition regarding PV imports from China, Taiwan and Malaysia, but intends to put in a fresh petition to strengthen its case.
