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Markets & Policy

Fortum Charge & Drive unveils new brand identity, eyes 3,000 EV charging points by FY 2025

Fortum Charge & Drive India has unveiled its new brand identity ‘Glida’ signifying its commitment to delivering a seamless electric vehicle (EV) charging experience in India. Glida plans to increase the number of its EV charging points to 3,000 by 2025 from around 450 at present.    

IFSCA and Climate Policy Initiative sign MoU on sustainable finance

The International Financial Services Centres Authority (IFSCA) and Climate Policy Initiative – India (CPI) have signed a Memorandum of Understanding to support the mobilization of sustainable finance in India.

Chile releases bidding terms for 5,400 GWh renewables, storage auction

The Chilean authorities want to contract 5,400 GWh of power from renewable energy, while also including battery storage. The selected developers will secure 20-year power purchase agreements (PPAs).

Oriana Power completes pre-IPO funding round

The Noida-based commercial and industrial solar developer said the pre-IPO round was led by renowned stock investor Anil Kumar Goel, JSW veteran Prashant Jain and Meru founder Neeraj Gupta.

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Big module makers in China call for wafer standards

Trina Solar, JinkoSolar, JA Solar, Longi, Risen, Canadian Solar, Tongwei, Chint, and Das Solar have issued a joint statement demanding the standardization of wafer sizes.

China polysilicon prices hold steady amid rebound talk

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

ABB India launches 97.4% efficient UPS solution for data centers

ABB India has launched MegaFlex DPA (decentralized parallel architecture) UPS solutions with energy efficiency of up to 97.4% for the Indian market. The UPS are claimed to have up to 45% smaller footprint than competing products.

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New guidelines for inter-row spacing of PV power plants

A Canadian research group has applied new guidelines for ground coverage ratios to 31 locations in Mexico, the United States, and Canada. It found the new formulae show that the factors affecting inter-row energy yield loss are highly dependent on latitude.

Utilities, can you DG it?

Small-scale PV systems drove the installation of more than 200 GW of solar capacity last year and could support more than 300 GW this year. That means a reset for utilities.

Africa50 signs MoU with International Solar Alliance to support PV projects across Africa

Africa50 and International Solar Alliance (ISA) will leverage each other’s networks to mobilize funding and raise awareness of African solar projects in European and Indian markets.

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