Premier Energies IPO to open for subscription from Aug. 27
Premier Energies intends to use INR 968.6 crore from the net proceeds to part-finance the establishment of a 4 GW TOPCon solar cell and module manufacturing facility in the Hyderabad district of the Indian state of Telangana. Amount not exceeding 25% of the gross proceeds will be utilized for general corporate purposes.
ABB surpasses 10GW milestone in delivering automation solutions for renewable energy plant in India
ABB’s programmable logic controller-based automation solutions are now catering to more than 10 GW of renewable energy plants, including solar, wind and battery energy storage systems.
Maharashtra launches 300MW/600 MWh battery storage tender
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) is accepting bids to set up 600 MWh (300 MW x 2 hours) of standalone battery energy storage systems (BESS) on a build-own-operate (BOO) basis in Maharashtra. It will enter into a battery energy storage purchase agreement (BESPA) with the successful bidders.
Zelestra secures PPA with NTPC for 450 MW solar project in Rajasthan
Spanish developer Zelestra (earlier known as Solarpack) has secured a 25-year power purchase agreement for its 450 MWp solar project in the Indian state of Rajasthan.
Exide Industries invests INR 75 crore in lithium battery arm
Exide Industries Ltd has invested INR 74.99 crore in lithium battery arm Exide Energy Solutions by way of subscription to the equity share capital on rights basis.
Natron Energy announces $1.4 billion sodium ion battery factory in North Carolina
The company will open a 24 GW annual production facility, creating over 1,000 jobs.
Novel bifacial flexible PV cell offers 27% efficiency
Scientists have simulated dozens of electron transport layer-free cell structures and have identified the optimal design with a Zr:In2O3 front transparent electrode, a CuSCN hole transport layer, and a NAN rear transparent electrode. They have also optimized its thickness and bandgap.
The Hydrogen Stream: SECI invites proposals to develop green hydrogen hub infrastructure
Solar Energy Corp. of India (SECI) has invited proposals to develop the core infrastructure required for setting up of green hydrogen hubs under the National Green Hydrogen Mission. Bidding closes on Oct.7.
Genus Power wins advanced metering infra orders worth INR 3,608.52 crore
With these additions, Genus Power Infrastructures’ total order book, including all special purpose vehicles and the GIC Platform, stands at about INR 28,000 crore (net of taxes).
Solar inverter manufacturer financial stability ranking updated
The latest financial stability ranking of inverter manufacturers from Sinovoltaics lists Hoymiles Power Electronics, Eaton, Enphase, Kstar and Delta Electronics as the top five.
