The Kolkata-headquartered solar manufacturer has filed draft papers with SEBI for its initial public offering (IPO), which comprises a fresh issue of up to INR 1,500 crore and an offer for sale (OFS) of up to five million equity shares by the existing shareholders. 

A new report by IEEFA proposes enhancing India’s electric vehicle (EV) adoption strategy as an alternative to further promotion of blended fuel, given the land-use efficiency gap between renewable energy generation for EV charging and cultivation for ethanol blending in fuels. Matching the distance driven by electric vehicles (EVs) charged from one hectare of solar generation would require ethanol derived from up to 251 hectares of sugar cane or 187 hectares of maize, it estimated.

The company has deployed 3,600 AC and 1,400 DC electric vehicle (EV) chargers across 200 cities in 20 States of India.

UK-headquartered ArcelorMittal will own and fund a hybrid wind-solar project with energy storage for round-the-clock RE supply to the Hazira plant of its joint venture ArcelorMittal Nippon Steel India. Greenko will design, construct and operate the project. 

The G-2X Mono series solar modules boast a reported front and back power conversion efficiency of up to 25.72%.

Ratings agency ICRA says commercial and industrial consumers in India will drive an incremental renewable energy capacity addition of at least 75GW by 2030—assuming they meet 20% of their energy demand through renewables.

The two nations together supply 96% of India’s lithium-ion cell and battery imports and almost 70% of non-rechargeable lithium products.

The Indian electric mobility player, which plans gigawatt-scale battery cell manufacturing, has embraced Israel-based StoreDot’s extreme-fast battery technology that charges from 0 to 100% in just five minutes.

The developer shall use the senior debt facility to initially finance its 450MW hybrid portfolio of solar and wind renewable projects in the Indian state of Rajasthan.

Renewable energy developers have until April 25 to lodge interest in developing a hybrid facility combining 1.5MW of hydroelectric generation capacity and 100MW of floating solar and the successful bidder will secure a 25-year power purchase agreement.