Tata Power, Rockefeller Foundation partner on microgrids
TP Renewable Microgrid—the joint venture of India’s integrated power company and the US-based impact investor—is said to become the world’s largest microgrid developer and operator with plans to set up 10,000 microgrids by 2026.
Now green urban mobility to get one billion euros boost from Germany
Having extended around two billion euros for clean energy projects, Germany will now support India in improving green urban mobility infrastructure, solutions and services in cities. Furthering its support for clean energy transition, it will also provide concessional loan of 200 million euros for a DISCOM investment facility in India.
France based IBS partners with ION Energy for Lithium battery pack manufacturing
The company aims to emerge as a global leader in battery pack manufacturing with plans to set up a manufacturing unit in India in 2020-21 and the USA.
Assam will begin producing quantum dots for solar cells in Q1 2020
Amtronics’ Tech City facility—constructed to a 75,000 sq.ft footprint—will use US firm Quantum Materials Corp’s technology to manufacture quantum dots and thin-film quantum dot solar cells.
IIPA signs MoU with ISA for capacity building of member countries
The institute’s Centre of Environment and Climate Change will impart necessary training to the officials of the member countries of solar alliance in formulating their policies and programmes to generate solar energy.
MG Motor gets eChargeBays to install home EV chargers for customers
The company has already partnered with Fortum for fast charging and Delta Electronics India for slow charging segments. The latest partnership follows Ministry of Power’s revised guidelines for EV charging infrastructure that permit private charging at homes and offices.
AC Energy and UPC Solar form new JV for Asia Pacific
The joint venture company targets the construction of over 1 GW portfolio in the next few years, with an initial focus on India, South Korea and Taiwan.
Avyan Renewable lowers stake in SunEdison Infrastructure
The Chennai-based steam and hot water supply company will acquire 31% of the rooftop solar installer’s equity share capital, instead of 37.5% as agreed upon in July.
Australia’s Townsville battery gigafactory reaches new milestone
Plans to develop an 18 GWh lithium-ion battery factory in northern Queensland have reached an important milestone with the project feasibility study submitted to the Queensland government.
Shell acquires 20% stake in Orb Energy
The fossil fuel giant, like many of its global peers, is making inroads into renewable energy activity and has invested an unspecified amount in becoming a significant shareholder in a business which installs rooftop PV systems for commercial and industrial clients.
