Tata Power and Social Alpha invest in energy analytics startup ‘Urja’
The startup has developed an industrial Internet of Things-enabled sensor and analytics solution that allows manufacturing and power industries to track device-level energy wastage in real time.
Azure Power sells 152 MW solar rooftop portfolio to Radiance Renewables
The New Delhi-based developer has agreed to sell its 152 MW of solar rooftop portfolio for INR 536.5 crore (US$ 73.5 million) as it focuses on capital discipline and improving shareholder returns.
Managing solar PV waste in India
A new report compares the European Union and Indian regulatory frameworks for managing end-of-life solar panels. It also assesses and analyses the PV waste market and processing capacities in India and shares recommendations for the Indian stakeholders.
India’s case for linking rooftop solar with storage and EVs
A new report says that combining rooftop solar with storage presents an enormous opportunity for India as the combination becomes economically viable soon. It highlights the best practices from Australia—a nation with the world’s highest rooftop solar capacity per person—to serve as a guide in planning for this integration.
Axitec releases 540 W solar panels
German solar manufacturer Axitec has revealed plans to start selling its new half-cut PV modules from the second quarter. It manufactures the panels with 182 mm wafers.
Adani Green acquires 20 MW solar assets from Hindustan Power
Following 75 MW solar assets in Telangana, Adani Green Energy has completed the acquisition of 20 MW PV assets in Uttar Pradesh for INR 133 crore.
IHS Markit forecasts 181 GW of new PV capacity for this year
The U.K.-based analyst has raised its outlook for new PV additions in 2021 by around 23 GW. Due to strong demand, leading module manufacturers are sold out for the first half of the year.
JICA extends 10-billion yen support for renewable energy projects in India
Japan International Cooperation Agency has signed an agreement with Tata Cleantech Capital to mobilize JPY 10-billion debt fund for projects across renewable energy, e-mobility, and energy efficiency sectors.
Edelweiss Infrastructure acquires 74% stake in Engie’s India solar assets
The Mumbai-based investor has concluded acquiring a controlling stake in Engie’s 813 MWp operating solar capacity in India. It will also acquire 2 GW of solar assets to be developed by the French energy major over the next couple of years.
India’s rooftop solar installation still dismal at 3.9 GW
Rooftop solar, at 3.9 GW, accounts for only around 10% of the cumulative grid-connected solar capacity installed by the nation as of February end this year.
