Supply shortages likely to hit utility energy storage as EV demand grows, IHS Markit says
Cell manufacturers are expected to prioritize larger customers in the automotive industry over relatively small energy storage system integrators.
India and Australia’s richest race to net-zero by 2030
Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.
Reliance Industries acquires 100% stake in REC Group, plans new manufacturing bases
India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, yesterday announced the acquisition of Norway headquartered module manufacturer REC Group. The move comes as Reliance pushes forward with its US$10 billion plan to move in on the renewable energy industry, having also this week announced acquisition of a 40% share in EPC provider Sterling & Wilson.
Reliance Industries’ new energy arm to acquire 40% stake in Sterling and Wilson Solar
The acquisition gives Reliance New Energy Solar access to Sterling and Wilson Solar’s PV plant engineering and project management skills as it aspires to become a global leader in green energy based on the latest and most cost-competitive technologies and development capabilities.
Risen showcases n-type solar panel with output of 700 W
The 210 mm module can reach a power output of up to 703.6 W and a power conversion efficiency of 23.08%. The result was confirmed by Germany’s TÜV SÜD.
The long read: First Solar – ‘India presents a big market opportunity for us’
Sujoy Ghosh, First Solar’s vice president for India and the Asia-Pacific region, speaks to pv magazine about the company’s plans to set up a 3.3 GW module fab in India to service the local market.
Commercial and industrial solar inverter from Havells
Noida-based electrical equipment company Havells has unveiled a 100 kW string inverter for commercial and industrial-scale solar installation. The inverter has an efficiency of 98.7%. It features ten maximum power point tracking (MPPT) inputs, with MPPT voltage ranging from 500-850 V.
Large-scale solar can cool nearby areas
An international team of scientists observed a cooling effect in a large radius around solar arrays. The cooling may have implications for local ecosystem management.
Emerging trends in the Indian solar power sector
The Indian solar power sector is undergoing a technology-backed transformation at every stage from manufacturing to installation to improve cost and performance efficiency.
Cleantech Solar secures INR 2 billion from NIIF
The Singapore-headquartered corporate solar provider, which has over 600 MWp of solar portfolio across India and Southeast Asia, shall utilize the debt funding to finance its open access solar projects in India.
