“Solar storage will be a mainstream solution, fully integrated into energy strategies across industries”
Shantanu Mishra, head-business development, Amplus Solar, speaks to pv magazine about the C&I battery energy storage systems (BESS) market in India, key barriers and emerging models.
AMPIN, Danish investor CIP expand partnership for renewable energy projects in India
AMPIN Energy Transition and Copenhagen Infrastructure Partners have expanded their existing collaboration with $300 million joint equity investments to enable the addition of 2 GWp of renewable energy projects across India. This new partnership along with the existing one will create a $2.7-3 billion renewable energy asset base in India.
Longi unveils heterojunction BC solar cells with 27.3% efficiency
The Chinese manufacturer said the device is based on dense passivating contacts that reduce parasitic light absorption and improve passivation. It used a streamlined manufacturing technique that is reportedly about one-third more effective than TOPCon mainstream technology.
China cuts export tax rebate for solar products
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
Waaree Energies Q2 profit grows 17% YoY
Waaree Energies has reported a total income of INR 3,663.46 crore and net profit (profit after tax) of INR 375.66 crore for the second quarter of FY 2024-25.
Hybrid perovskite-organic solar cell reaches record-breaking efficiency of 24%
Korean scientists have fabricated a perovskite-organic solar cell with a uniform sub-nanometer dipole layer. The device recorded a power conversion efficiency of 24% under testing, a new record for lead-based hybrid perovskite-organic solar cells.
The Hydrogen Stream: NTPC setting up sea water to green hydrogen plant at Simhadri
NETRA, the R&D centre of NTPC, is setting up a 1 tpd seawater to green hydrogen plant at NTPC Simhadri coal-fired power plant near Visakhapatnam in Andhra Pradesh.
NTPC, ONGC form joint venture company for renewable energy, storage projects
ONGC NTPC Green Pvt Ltd will explore and set up renewable energy (RE) projects in India and overseas through greenfield development and acquisitions. It will also explore and harness opportunities in the fields of energy storage, e-mobility and ESG (Environmental, Social and Governance) compliant projects.
UltraTech to deploy 100 more EV trucks in its logistics operations
The scale-up follows successful pilot commenced in January 2024 with five electric vehicle (EV) trucks.
ACME Sun Power secures INR 3,753 crore loan from REC
ACME Solar’s arm ACME Sun Power has secured INR 3,753 crore loan for the development and construction of firm and dispatchable renewable energy (FDRE) projects totaling 320 MW in Rajasthan and Gujarat.
