The urban mining startup has set up an R&D and innovation center focused on improving the efficiency and yield of its chemical-free technology for extracting valuable materials from dead lithium batteries. It will ramp up the facility to double it up as a fully operational metal extraction unit by the end of December.
Visaka Industries’ patented Atum solar roof will cover a 4,200 sq.ft area and produce 70 kW of power to run the lab at Anant University’s Ahmedabad campus.
USA-headquartered Enphase manufactures microinverters in India from Finnish company Salcomp’s plant in Chennai.
The Bengaluru-headquartered gold refiner will set up a 5 GWh lithium-ion cell manufacturing facility under the government’s production-linked incentive scheme for battery storage.
India installed 12.3 GW of solar in the twelve months ending March 31, 2022. The nation is expected to add a record 20 GW in the current fiscal.
New research from the University of New South Wales (UNSW) predicts cumulative polysilicon demand of 46-87 Mt will be required to achieve 63.4 TW of PV installed by 2050.
Venture capital investment in solar and energy storage companies in sub-Saharan Africa brings with it considerable risk, but also holds the promise of making an outsized impact in delivering clean energy access. KawiSafi Ventures Managing Director Amar Inamdar says that venture capital investment in frontier markets will be a key part of the “capital stack” required to pursue the joint goals of leapfrogging fossil fuel energy development in the continent and lighting up African lives.
The Gujarat-based solar manufacturer has entered the Odisha market by completing the supply of 9+ MW PV panels for a PV project in the state.
The three companies will receive incentives under the government’s production-linked incentives scheme for battery storage. The scheme has an overall budgetary outlay of INR 18,100 crore (around US$ 2,284 million).
The nation reached a cumulative 57.7 GW of solar power generation capacity by June 30, 2022. Rajasthan (14.4 GW), Gujarat (7.8 GW), and Karnataka (7.6 GW) top in PV installations.
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