Abu Dhabi-based International Holding Company (IHC) has signed the agreement to invest US$ 500 million in Adani Green Energy Ltd, US$ 500 million in Adani Transmission Ltd, and US$ 1 billion in Adani Enterprises Ltd.

The agreement will see Powin supply and commission its advanced Stacks battery storage product lines for round-the-clock renewable energy projects undertaken by O2 Power.

The IIT Kanpur-incubated startup has introduced ZincGel battery technology that offers energy efficiency at par with lithium-ion products but with twice the lifecycle and negligible operational cost, which can lead to significant savings for two-wheeler EV operators.

April 25 is the deadline to lodge the interest in installing and commissioning grid-connected rooftop solar plants in various sizes for residential consumers in the State.

Domestic bids are invited for the engineering, procurement and construction of 75MW of ISTS connected solar power projects anywhere in India for sale of energy through power exchange. Bidding closes on May 18.

Japanese investor Mitsui has signed the agreement to raise a 49% stake in ReNew Power’s 1.3GW hybrid renewable energy project supplemented with up to 100MWh of battery storage. The project will supply 400MW of round-the-clock power to the Solar Energy Corporation of India (SECI) under a 25-year power purchase agreement.

Tamil Nadu based Next Automation has come up with a tractor-mounted hydraulically operated arm as a fast, accurate, cost-effective, and water-efficient cleaning solution for panels in solar farms.

India’s Gautam Solar says its gel batteries provide a safer, cost-effective, and long-lasting alternative for the energy storage space.

India installed 41.7GW of cumulative utility-scale solar capacity as of Dec. 31, 2021. It has another 44.6GW in the pipeline.

Rajasthan, which has already surpassed the 10GW milestone of installed PV capacity, has mopped up commitments for over INR 8 lakh crore of investment in the State’s energy sector alone.