ABB India upgrades smart power factory to Industry 5.0
ABB has adopted Industry 5.0 production processes at its smart power solutions factory in Bengaluru. With “cobots” working alongside humans, the factory’s productivity has improved by 40%, while energy productivity has gone up by more than 15%.
Prime minister Narendra Modi to launch construction of Suzuki’s EV battery plant in Gujarat
Japanese carmaker Suzuki Motor is investing INR 7,300 crore (around $914 million) to set up the electric vehicle battery plant at Hansalpur in Gujarat. The plant will manufacture advanced-chemistry cell batteries.
O2 Power acquires 55 MW of operational solar assets from Emmvee
The Indian renewable energy producer has acquired 55 MW of operating solar assets from module manufacturer Emmvee. The capacity includes 40 MW of utility-scale PV plants in Karnataka and 15 MW of commercial scale in Telangana.
Avaada to invest $5 billion in green hydrogen, ammonia plant with 6 GW captive renewables in Rajasthan
Ravi Verma, senior executive vice president at Avaada, told pv magazine that the Group would invest $5 billion into setting up an integrated green hydrogen and ammonia plant with 6 GW of captive renewable energy capacity in the state. The green ammonia facility will have a production capacity of 1 million tons per annum.
India’s power market design must evolve as renewables’ share rises, says IEEFA
A new report by IEEFA says India’s power market design must evolve to transition faster to an ultra-low-cost renewable energy-based electricity system.
NHPC, BEL sign MoU to set up polysilicon-to-solar module gigafab
State-owned NHPC and Bharat Electronics Ltd will leverage their complementary strengths to set up a gigawatt-scale vertically integrated solar manufacturing unit.
Norfund, KLP to buy 49% in Enel’s 420 MW solar project
The Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway’s largest pension company, have signed a deal to raise a 49% stake in a 420 MW solar power plant in India developed by Italy’s Enel Green Power.
India’s EV sales to annually surge 49% in 2021-30 period, says IESA
A new India Energy Storage Alliance (IESA) report projects electric vehicle sales to grow by as much as 49% per year to 17 million units by 2030, with electric two-wheelers accounting for almost 88% of total demand.
PV with gravity storage, redox flow batteries in buildings
Indian researchers have developed a new hybrid system featuring a conventional rooftop PV system, a solar tree, two gravity power modules for building (GPMBs), and a vanadium redox flow battery (VRFB), with power exclusively provided by the two solar installations.
Bhutan issues tender for 17.3 MW solar park
Bhutan aims to facilitate the construction of its first PV project through a new tender.
