India requires $223 billion of investment over the next eight years to reach nearly 280 GW of solar and 140 GW of wind capacity by 2030.

Rajasthan-headquartered Natural Battery Technologies has developed lithium-based inverter batteries that can be charged with solar power. The batteries are designed for residential and commercial use, with storage capacities typically ranging from 1.5 kWh to 20 kWh. The company can offer other sizes, too, according to customer requirements.

A new report shows that renewable energy companies will continue to compete in upcoming auctions in India, undeterred by challenges such as rising materials costs and surging interest rates.

Alsym will produce its new batteries – made of readily available materials, without lithium or cobalt – for electric vehicles, stationary storage, and marine applications.

State-owned Damodar Valley Corp. (DVC) is seeking contractors to install and commission 30 MW of grid-connected floating solar capacity at its thermal power stations in Jharkhand and West Bengal. Bidding closes on Aug. 1.

Servotech has successfully tested ComPort solar monitoring device with the portable PV system PV Port at the EUREF-Campus in Berlin, Germany. This first-of-its-kind instrument can integrate with any off-grid and hybrid inverter and empower users to get the most out of their solar systems.

Ornate Solar’s engineering team designed, engineered and manufactured the new 530 kWp InRoof solar system in India. It serves as the primary roof over Pangaea Natural Stone’s factory in Rajasthan, covering a total area of 35,000 square feet.

Hinduja Group, an Indian multinational, has invested GBP 15 million (($18.4 million) with four other investors in Connected Energy, a developer of energy storage systems based on second-life electric vehicle batteries. The investment will help Connected Energy to scale up its operations and move into utility-scale project development. 

Solar developers have until July 15 to lodge their interest in developing 105 MW of grid-connected floating solar at the Erai dam in Chandrapur district.

The selected developers shall set up grid-connected solar, wind or hybrid wind-solar projects on a ‘build-own-operate’ basis along with required energy storage systems for assured peak power supply. Bidding closes on July 30.