Premier Energies raises INR 200 crore from GEF Capital
The Indian solar manufacturer currently has 750 MW of cell and module factory in Hyderabad and plans to more than triple this capacity with the addition of 2 GW mono PERC. The capacity augmentation is planned over the next two years with an investment of INR 1,200 crore. The equity capital from GEF will support the expansion.
A circular economy can support India’s push for clean energy and self-reliance
Recovering valuable raw materials from end-of-life solar panels and batteries presents a great opportunity for India to secure their future availability as the nation chases its ambitious renewable energy targets.
Nickel-hydrogen battery for large scale renewables
U.S. start-up EnerVenue has secured funding to build a gigafactory to produce nickel-hydrogen batteries for large scale renewable and storage applications. The battery has an efficiency ranging from 80 to 90%, depending on the cycle rate, and its energy density per square foot is equal to, or better than lithium-ion batteries, according to the company.
Adani Group commits US$20 billion to renewable energy
The diversified business group with a 25 GW renewable energy portfolio will invest US$20 billion across renewable energy generation, component manufacturing, transmission, and distribution over the next ten years.
Rajasthan now has the most installed solar capacity in India
The state has reached an installed solar capacity of 7,738 MW. With this, it has replaced Karnataka to become the PV energy leader in India.
Hero Future Energies secures India’s first deal for large scale solar in Bangladesh
The Haryana-based renewables company, which is part of a bike and motorbike manufacturing conglomerate, will be paid $0.1025/kWh by the Bangladeshi government for the electricity that will be generated by a 50 MW plant in Khulna district, with the power purchase deal running for 20 years.
Aerocompact starts making flat-roof solar racking products in India
The Austrian solar racking solutions provider, which is currently making sheet-metal roof mounting products in India, has started local production for flat roofs too. The India-made flat-roof PV mounting products shall be available from January next year.
Recycling solar panels: Making the numbers work
NREL researchers said a profitable and sustainable solar panel recycling industry could establish itself by 2032. Here’s how the numbers work.
India added 521 MW of rooftop solar in Q2 2021
The second quarterly (April-May-June) addition of 521 MW is India’s highest-ever rooftop solar capacity installed in a quarter.
Movable solar power station for off-grid applications
The modular power station comes with two lithium iron phosphate (LFP) batteries and has a capacity of 6 kW/24.6 kWh. It relies on a 3 kW pure sine wave inverter which the manufacturer said is able to adjust the AC charging rate.
