Markets & Policy

Borosil Renewables had signed a binding offer for 100% equity in Interfloat Group, Europe’s largest solar glass manufacturer, in April this year.

Indian researchers have compiled an extensive review of all existing synchronization techniques for grid-connected PV systems. They divided the methods into open-loop and closed-loop systems and provided what they defined as a basic conceptual framework to develop superior grid-tied systems.

Reliance, a strategic investor in US-based Ambri, is purchasing Ambri’s liquid-metal battery system for demo installation as part of its broader energy storage manufacturing plans and deployments in India.

Greenko will assist Jindal Steel and Power in the design and development of the associated renewable energy capacity, and identification of potential strategic investors for the RE capacity. It will also provide its pumped storage capacity currently under development in Madhya Pradesh and Rajasthan.

The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) estimates that 173.5 GW of new solar capacity was installed in 2021, and that figure might rise to 260 GW in 2022. pv magazine spoke with the co-chair of the European Solar Manufacturing Council to look into the figures.

The India arm of USA-headquartered Triton Electric Vehicle has issued an INR 8,060 crore (around $971 million) Letter of Intent to state-owned Bharat Electronics Ltd (BEL) for the purchase of EV battery packs. It will also transfer its technology to BEL for production of hydrogen fuel cells in India.

On Day 1, industry experts discussed the role of states’ renewable energy agencies and strategies to accelerate the pace of energy transition in Indian cities.

The off-grid solar sector has shown resilience in the face of pandemic-related challenges, with 70 million people gaining access to electricity from early 2020 to the end of 2021. However, the ability to pay for solar energy kits has taken a hit.

The fifth assembly of the International Solar Alliance (ISA) approved Solar Facility, a payment guarantee mechanism to mitigate risks associated with solar projects in Africa.

EKI Energy will invest up to INR 200 crore ($25 million) as an anchor investor in the fund with a deep focus on community development projects across remote locations in India and select countries in Africa, Asia and LATAM.