Austrian company Aerocompact to make solar racking in India
The ‘intelligent’ racking solutions provider has joined hands with Norwegian aluminium producer Hydro Extrusion’s India arm to manufacture PV racking for rooftops. The manufacturing unit—located in Bengaluru—is eyeing at least 20 MW of business from India in the next six months.
Solar plant developers can set up excess capacity: MNRE
The requirement of design and installation of additional DC panels may emanate from the contractual need to supply the committed energy and does not cast any obligation on the procurer to buy generation in excess of the contracted energy range—stated the ministry in its advisory issued recently.
Goa to replace traditional clay tiles with solar ones
State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.
Azure Power to raise US $75 million equity from Canadian investor CDPQ
The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.
Gujarat solar capacity just shy of 2.7 GW
The state this week raised its clean energy ambition to 30 GW of generation capacity within three years as figures showed ground-mounted solar is expanding at a faster rate than rooftop installations.
Uttar Pradesh cabinet approves tariffs for 72 MW solar projects
The power produced by NTPC (40 MW) and Sukhbir Agro Energy (32 MW) will be purchased by Uttar Pradesh Power Corporation Limited at tariffs of Rs 3.02/KWh and Rs 3.05/KWh, respectively, for a period of 25 years.
Siemens to impart skills in renewable energy and e-mobility
The ‘Skills for Sustainable Growth’ project will be implemented by Siemens in partnership with India’s Ministry of Skill Development and Entrepreneurship and German development agency GIZ.
Tata Power, Rockefeller Foundation partner on microgrids
TP Renewable Microgrid—the joint venture of India’s integrated power company and the US-based impact investor—is said to become the world’s largest microgrid developer and operator with plans to set up 10,000 microgrids by 2026.
Lithium batteries – 12 lakh tons ready for recycling by 2030
The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.
EPC provider SunAlpha Energy launches easy EMI finance for rooftop solar
The company aims to enable 1000 homes and businesses with rooftop plants during the initial launch of this scheme that provides EMI options of 12, 18, 24 and 36 months.
