Uma Gupta
ITC commissions 9.45 MW offsite solar plant for self-consumption
ITC targets to meet 100% of electricity requirements from renewable sources by 2030 as a part of its ambitious Sustainability 2.0 Vision. The new Karnataka solar project will help it reduce CO2 emissions by over 12,000 tonnes every year.
Avaada Energy closes INR 597 crore refinancing for C&I solar projects
Avaada Energy has secured around INR 597 crore ($71.1 million) in refinancing for its commercial & industrial (C&I) solar projects in Karnataka and Maharashtra.
IBM acquires Prescinto for renewables asset performance management
Prescinto is a software-as-a-service (SaaS) platform to manage and optimize the end-to-end operations of renewable energy assets. Its acquisition will enhance the capabilities of IBM’s integrated solution for asset lifecycle management.
Solid-state Li-ion batteries: The next frontier in EV performance
Solid-state batteries are gaining attention as traditional Li-ion batteries pose unique challenges of limited range accompanied by slow charging speed. Solid-state batteries consist of a solid electrolyte, which is sensitive to moisture, mandating a highly controlled manufacturing environment.
SolarEdge unveils inverters for smaller solar projects
Israel-based inverter maker SolarEdge has unveiled its new TerraMax Inverter, which boasts 99% efficiency and enables 200% DC oversizing. It features an integrated night-time PID rectifier and is paired with the company’s H1300 Power Optimizers.
Sterling and Wilson Renewable Energy hits unexecuted order value of more than INR 10,500 crore
Sterling and Wilson Renewable Energy’s unexecuted order value has increased to its highest ever at more than INR 10,500 crore with order inflow of around INR 2,050 crore in Q2 FY25.
Gautam Solar to launch IPO
Gautam Solar plans to launch an IPO in the next 12-18 months to fund its INR 1,000-crore PV cell expansion.
Saatvik Solar secures INR 302 crore contract to supply PV modules to MAHAGENCO
Saatvik Green Energy will supply 200 MW of its n-type TOPCon 580 Wp modules for projects across various locations in Maharashtra.
Gensol Engineering secures 23 MWp rooftop solar project in Dubai
Gensol Engineering has been awarded a contract for the design, construction, and long-term operation and maintenance of 23 MWp of rooftop solar PV systems for the engineering facilities of a leading aviation company in Dubai.
Key takeaways from Renewable Energy India Expo 2024
Solar module manufacturers are quickly ramping up to multi gigawatt-scale capacity to tap the domestic demand. At technology level, TOPCon modules based on 210 rectangular silicon wafer (G12R) cell are taking center stage.
