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SIMA-managed fund approves $1.999 million low-cost loan to Loom Solar

The Energy Access Relief Fund, managed by Social Investment Managers and Advisors (SIMA), has approved $1.999 million for a subsidized 5% USD financing to Loom Solar.

India installed 11.2 GW of solar in first nine months of 2022

The nation installed 9.3 GW of utility-scale solar, 1.3 GW of rooftop arrays, and 0.6 GW off-grid PV projects from January to September this year.

Poweron unveils new hybrid inverters for residential solar

The Indian manufacturer has introduced wall-mount hybrid solar inverters with nominal power ratings of 3.68 kW, 4.6 kW and 5 kW. The inverters are compatible with both lead-acid and Li-ion battery.

Scottish startup to begin gravity energy storage pilot in India

UK-based Gravitricity will begin with pilot demonstration of its gravity energy storage systems in India as it eyes broader deployment in the long term.   

Haryana tenders 30 MW rooftop solar on government buildings

The state government is accepting bids to deploy RESCO mode rooftop solar plants on government buildings in the state. Bidding closes on December 19.

Actis backed BluPine Energy acquires 404 MWp operating solar assets in India

BluPine Energy, launched earlier this year by UK investor Actis, targets 4 GW of utility-scale solar, wind and storage projects in India by adopting a buy-and-build strategy.

Birla Carbon joins project to develop lithium battery-grade graphite from biocrude

The carbon black solutions manufacturer has embarked on a collaborative project to develop lithium battery-grade graphite sustainably using renewable feedstocks.

India added 3.3 GW of solar in Q3 2022

India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations

NTPC tenders BoS package for 1.2 GW of solar projects in Gujarat

NTPC Renewable Energy Ltd has invited domestic bids for the supply of the balance-of-system (BOS), installation, and commissioning of 1.2 GW of solar projects at Khavda RE Power Park in Rann of Kutch. Bidding closes on January 9.

Jakson Green wins repeat order for solar-plus-storage project in West Africa

Jakson Green has secured the order to build 20 MWp solar with 4.8 MWh storage after completing the 50 MWp capacity of the project earlier.

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