Mobile solar system for agricultural farms
India’s Vivasvan Solar has designed a foldable solar structure mounted on a trolley. The system employs mechanisms to prevent damage to the panels during transit and is especially useful for agricultural farms.
Serentica Renewables appoints CEO
Serentica Renewables has promoted Akshay Hiranandani, corporate finance lead, to chief executive officer.
PV-powered underground heat exchanger for buildings
Researchers in India have combined PV generation with heat produced by an earth-to-air heat exchanger to provide buildings with space heating and cooling. They say the proposed system could result in an annual energy gain of 8116.7 kWh.
Global solar installations hit 240 GW in 2022
IEA-PVPS has used an improved methodology to determine that newly installed PV capacity in 2022 must be somewhere between the 190 GW calculated by the International Renewable Energy Agency (IRENA) and the 268 GW announced by BloombergNEF. Its new “Snapshot of Global PV Markets 2023” report was built on data from a range of sources, including grid-connected and off-grid figures.
Gensol Engineering revenue soars 144% in fiscal 2022-23
The Ahmedabad-based solar EPC and advisory services provider has recorded a revenue of INR 391.61 crore for the fiscal year ended March 31, 2023, defying the headwinds posed by volatile commodity prices.
Roofsol installs 4 MWp rooftop solar at shoe factory
Mumbai-based Roofsol Energy has commissioned a 4 MWp rooftop solar project for Uttar Pradesh-based shoe manufacturer Mirza International.
Amplus led ‘Opex’ mode rooftop solar installations in 2022
Amplus accounted for around 26% of the overall Opex mode rooftop/on-site solar installations in India during CY 2022, according to a report by JMK Research and Analytics.
KP Group and UAE’s Tristar partner on renewable energy projects
KP Group, a Gujarat-based renewable energy developer, has signed an agreement with UAE’s Tristar to jointly identify and execute wind, solar, green hydrogen, and green ammonia projects in multiple regions globally.
Vedanta arm to source 105 MW hybrid renewable power for its aluminum operations
Vedanta arm Bharat Aluminium Co. Ltd (BALCO) and Serentica Renewables India have signed a power delivery agreement for 105 MW of hybrid renewable power.
Bangladesh needs up to $1.71 billion annually till 2041 for 40% renewable energy capacity
A new report says the time is ripe for Bangladesh to increase renewable energy-based generation capacity to reduce costly fossil-fuel imports and drive down subsidy burdens on the power sector. It finds the nation would need to consistently invest $1.53 billion to $1.71 billion annually until 2041 to build a 40% renewable energy capacity of the electricity demand of 61,866 MW in 2041.
