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Global sodium-ion battery market expected to reach $2.6 billion by 2028

The global sodium-ion battery market will grow at 16.2% annually to touch $2.6 billion by 2028. Major drivers include an increasing demand for these batteries as a lithium battery replacement for renewable energy storage and the growing trend towards low-speed electric cars.

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India and Egypt talk renewable energy, green hydrogen

Hassan Allam, chief executive officer of Egypt’s Hassan Allam Holding Co., discussed cooperation with Indian companies in renewable energy and green hydrogen, during his recent meeting with India’s prime minister Narendra Modi.

Solar passports to support PV waste management in India

A new study proposes a blockchain-based solar passports framework to address the PV waste management challenge in India. It says such a framework would enable transparent tracking and verification of PV panels throughout their lifecycle, ensuring efficient asset monetization and promoting sustainable practices within the solar industry.

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NHPC to develop 2 GW pumped storage, 1 GW solar projects in Odisha

The state-owned hydropower producer has signed a memorandum of understanding (MoU) with Grid Corp. of Odisha (GRIDCO) to develop 2 GW of pumped storage and 1 GW of solar energy projects in Odisha.

Vikram Solar, Phalanx Impact and Das & Co form JV for ingot-to-module manufacturing in USA

India’s Vikram Solar and New York-based private equity firm Phalanx Impact Partners and investment advisor Das & Co. have formed a joint venture to establish 4 GW of ingot-to-module manufacturing operations in the USA with a planned investment of up to $1.5 billion.

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Cleantech Solar Group appoints Sachin Jain as CEO

Sachin Jain joins Cleantech Solar from Boston Consulting Group (BCG), where he served as the head of clean energy for India and the global co-lead for solar energy.

India’s Sleepwalkers unveils dry-cleaning robotic device for solar panels 

Sleepwalkers has introduced an automated robotic device for solar panel cleaning that doesn’t require an additional rail system as it can move on the aluminum frame of the panels.

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WattPower signs 1.2 GW string inverters supply deal with ReNew 

Pavit Gandhi, sales director at WattPower Systems, told pv magazine that WattPower Systems will supply 1 GW of string inverters by December 2023 and the balance by March 2024 for ReNew’s multiple renewable energy projects.

Thermax arm commissions wind-solar hybrid power plant in Gujarat

Thermax arm First Energy has commissioned a 45.8 MW wind-solar hybrid power plant for consumption by industrial clients.

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Oriana Power files draft papers for IPO with NSE Emerge

The C&I solar developer will use the net proceeds from the IPO towards meeting its working capital requirements, investment in subsidiary companies, capital expenditure for expansion purposes, and general corporate expenses.

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