Installations

The joint venture company, Empat Mitra Indika Tenaga Surya (EMITS), will provide onsite and offsite solar, battery storage and EV charging infrastructure solutions to Indonesia’s commercial and industrial sector. It expands Fourth Partner Energy’s footprint in South-east Asia while taking Indika Energy a step closer towards meeting its commitment to increase revenues from the non-coal segment by 50% by 2025.  

In January, India’s cumulative PV capacity reached 38.8 GW. This was enough to surpass wind and make solar the first renewable energy source in the country.

Developers can bid for anywhere from 10 MW to all of the available capacity. The projects are to be developed on a build-own-operate basis in minimum sizes of 10 MW. Bidding closes on April 19.

Altrex, a scaffolding and ladder producer in the Netherlands, has developed a new modular lift solution for solar panels. The system can raise one solar panel at a time and can be operated by a single installer using nothing other than a cordless drill, the company claims.

The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.

The solar plant in the Jamshedpur city of Jharkhand is expected to generate an average 32 million units of electricity per year, offsetting approximately an average 25.8 million Kg of CO2 annually.

The Ministry of Micro, Small & Medium Enterprises is working with the World Bank to bring in a credit guarantee mechanism to make financing accessible to unrated MSMEs for implementing rooftop solar projects.

Xinyi Solar has posted bullish annual figures on the back of an astonishing rebound in the global market following Covid travails at the start of 2020. There is one national market, however, which has not been invited to the party.

The nation installed a cumulative solar capacity of 41,689 MW as of December 31, 2020, with 1298 MW added in the October-December period. Going forward, capacity addition in the current year’s first quarter could exceed 2 GW.

Siemens has acquired C&S Electric’s around 99.22% equity share capital for INR 2,100 crore. The acquisition will allow it to address the rising demand for low-voltage power distribution solutions in India. Apart from gaining easy access to the Indian market, the transaction also aims to create an export hub.