REC commits INR 45,350 crore to 10 GW of renewables in Uttar Pradesh
The non-banking finance company, under the power ministry, has signed agreements to provide financial assistance of over INR 1 lakh crore ($12.3 billion) for various power and infrastructure projects in Uttar Pradesh. This includes INR 45,350 crore for 10 GW of renewable energy capacity addition.
Servotech hits 1,400 EV charger supply milestone in three months
Servotech Power Systems has supplied 1,400 EV chargers in a span of three months in various cities across India.
Soiling – a multibillion-dollar issue
A new report by the International Energy Agency’s Photovoltaic Power Systems Programme (IEA-PVPS) estimates that lost revenue from PV module soiling amounts to more than €3 billion ($3.2 billion) per year – an amount that is only set to increase as PV systems grow larger and more efficient.
GameChange releases new solar tracker
US tracker manufacturer GameChange Solar’s latest product launch follows its recently announced decision to increase its annual domestic manufacturing capacity to 24 GW.
Rajasthan tenders 1 GW of solar projects
Rajasthan Urja Vikas Nigam Ltd is accepting bids to develop 1 GW of solar PV projects in Rajasthan, connected to the state transmission utility grid. Minimum bid capacity is 50 MW.
Rays Power Infra switches on 275 MW DC solar plant in Bangladesh
Rajasthan-based Rays Power Infra has switched on Bangladesh’s largest solar power plant of 275 MW DC. It completed the project within the scheduled timeline of 14 months.
Adani Green Energy buys 50% stake in Rajasthan-based solar park developer
The developer’s arm Adani Renewable Energy Holding Two has signed a deal to acquire a 50% stake in Essel Saurya Urja Co. of Rajasthan Ltd (ESUCRL) from Essel Infraprojects Ltd, for INR 15 crore. The remaining 50% equity of ESUCRL will continue to be held by the Government of Rajasthan.
Emerging investment opportunities in India’s renewable energy sector
Corporate decarbonization, value chain integration, wind-solar hybrid projects, battery energy storage, offshore wind, green hydrogen, and value-added offerings such as energy-as-a-service are key trends and technologies shaping up India’s renewable energy sector and offering ample scope for investments.
US startup unveils portable solid-state lithium-ion battery for residential use
California-based Yoshino Technology has developed portable batteries using solid-state Li-NCM cell technology. The four variants come with power outputs of 330 W, 660 W, 2,000 W, and 4,000 W.
Sunsure commissions 15 MWp open-access solar plant in Uttar Pradesh
The solar plant in the Mahoba district will supply electricity to corporates in Uttar Pradesh.
