Highlights

Bihar-based Husk Power Systems will use $6 million of newly acquired funds to build solar hybrid microgrids in 80 communities in rural India. The renewables services provider already owns and operates more than 120 microgrids in India.

Tata Power Solar has secured an engineering, procurement and construction contract for a 125 MWp floating solar project at the Omkareshwar reservoir in Madhya Pradesh. The project was awarded by state-owned hydropower producer NHDC.

A new study suggests that battery energy storage systems charged with solar are the most attractive power backup option for commercial and industrial entities in the Indian state of Tamil Nadu. 

US manufacturer Yotta Energy said that its two new microinverters are compatible with up to four high-power PV modules. They have a peak efficiency of 96.5% and a nominal maximum power point tracking (MPPT) efficiency of 99.5%.

Gujarat-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has expanded beyond wind and solar into the rapidly accelerating energy storage market and added North America to its growing international portfolio. 

Serentica Renewables plans to install and commission 1.5 GW of solar and wind capacity in 24 months to serve energy-intensive industries in India. 

Engie has partnered with India’s National Skill Development Corp. to train young people to become solar module technicians.

IHS Markit said it expects the United States, Germany, and the Netherlands to be the top three markets for cumulative shipments of module-level power electronics in the 2022-26 period. Cumulative shipments are set to hit almost 100 GW by 2026.

Hindalco’s Mahan aluminum smelter unit in Madhya Pradesh now hosts a 25 MW solar plant to power its operations.

Avaada has agreed to supply electricity from 300 MW of PV capacity to Maharashtra State Electricity Distribution Co. (MSEDCL) on a long-term basis.