Uma Gupta
Sembcorp to sell Indian unit
Singapore-headquartered Sembcorp Industries (Sembcorp) has signed an agreement to sell Sembcorp Energy India to Tanweer Infrastructure for $2.1 billion. It said the proposed sale will accelerate the transformation of its portfolio from brown to green.
Bringing solar tracker prices down is ‘top priority’ – Arctech India chief
Gail Chen, CEO of Arctech’s joint venture manufacturing base in India, says the company is committed to bringing solar tracker prices down for customers and enabling a lower cost of electricity in the country.
KPI Green ventures into wind-solar project development
Gujarat-based KPI Green Energy is developing a 16.10 MW wind-solar hybrid power plant in Gujarat. It expects the project to go online in March 2023.
Wall-mountable lithium battery inverter from India
India’s Mecwin has unveiled compact, wall-mountable lithium battery inverters with 1,100 VA and 2,100 VA ratings. The 1,100 VA devices measure 455 mm x 530 mm x 235 mm and weigh 23 kg. The built-in battery can be charged with grid power and solar electricity.
Virescent to acquire 100 MW of operating solar assets from Jakson
Virescent, a KKR-backed renewable energy platform in India, will acquire Jakson’s 100 MWp of operational solar assets in Uttar Pradesh and Rajasthan.
Tata Power Delhi Distribution tenders 510 MW of wind-solar hybrid projects
Tata Power Delhi Distribution has launched a tender to develop 510 MW of grid-connected wind-solar hybrid projects, including 255 MW under a greenshoe option, on a build-own-operate basis. It will procure the generated power under a 25-year power purchase agreement.
Battery cell manufacturing in India could attract over $9 billion in investment by 2030, says ICRA
A new report by ICRA says rising electric-vehicle penetration will drive significant investment in battery cell manufacturing in India. It expects EV battery demand in the nation to touch 15 GWh by 2025 and 60 GWh by 2030.
Renewables offer $350 billion investment opportunity by 2030, says Aspire Circle India
A new report by Aspire Circle India estimates the potential of renewable energy and the clean-tech sector according to parameters such as revenue and job creation by 2030, and highlights the top 10 areas for investment.
NTPC invites proposals for round-the-clock renewables supply
NTPC has started accepting proposals from developers to supply round‐the‐clock power from solar, hydro, wind, hybrid, and energy storage plants.
Vikram Solar unveils 660 W bifacial modules
Vikram Solar has unveiled new mono PERC bifacial modules with front-side power outputs from 635 W to 660 W and front-side efficiencies ranging between 20.38% and 21.18%, respectively. The modules feature glass-to-glass construction and provide up to 25% bifacial gain.
