Pradhan Mantri Surya Ghar Yojana has attracted 13 million registrations and 1.8 million applications in first six months of its launch, leading to about 1.8 GW of new residential rooftop solar installation.
Rayzon Solar will supply 216 MW of its PV modules for floating solar projects in Panchet and Ramagundam, and a ground-based project in Bihar, being executed by Larsen & Toubro on a turnkey basis.
ITC targets to meet 100% of electricity requirements from renewable sources by 2030 as a part of its ambitious Sustainability 2.0 Vision. The new Karnataka solar project will help it reduce CO2 emissions by over 12,000 tonnes every year.
Avaada Energy has secured around INR 597 crore ($71.1 million) in refinancing for its commercial & industrial (C&I) solar projects in Karnataka and Maharashtra.
Prescinto is a software-as-a-service (SaaS) platform to manage and optimize the end-to-end operations of renewable energy assets. Its acquisition will enhance the capabilities of IBM’s integrated solution for asset lifecycle management.
Solid-state batteries are gaining attention as traditional Li-ion batteries pose unique challenges of limited range accompanied by slow charging speed. Solid-state batteries consist of a solid electrolyte, which is sensitive to moisture, mandating a highly controlled manufacturing environment.
Israel-based inverter maker SolarEdge has unveiled its new TerraMax Inverter, which boasts 99% efficiency and enables 200% DC oversizing. It features an integrated night-time PID rectifier and is paired with the company’s H1300 Power Optimizers.
Sterling and Wilson Renewable Energy’s unexecuted order value has increased to its highest ever at more than INR 10,500 crore with order inflow of around INR 2,050 crore in Q2 FY25.
Gautam Solar plans to launch an IPO in the next 12-18 months to fund its INR 1,000-crore PV cell expansion.
Saatvik Green Energy will supply 200 MW of its n-type TOPCon 580 Wp modules for projects across various locations in Maharashtra.
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