News

India’s Himadri Speciality Chemical has acquired a 12.79% stake in Sicona Battery Technologies, an Australian startup that specializes in high-capacity silicon anode technology for lithium-ion batteries.

ICRA expects India to add 16 GW of solar power generation capacity, 2 GW of wind and another 2 GW from hybrid projects in FY2023-24.

Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) is accepting bids to develop 810 MW of state transmission utility (STU)-connected PV projects in the Bikaner district. Bidding closes on June 7.

Telangana-based WindStream Energy Technologies has installed more than a hundred hybrid renewable energy systems, SolarMills, in the remote mountainous regions crucial for defense operations.  

The German Solar Industry Association sees uninterrupted demand for private photovoltaic roof systems in particular. The mark of four million photovoltaic systems could be reached as early as next year.

The perovskite solar race is heating up, with a cue of manufacturers forming to test products at the US Department of Energy’s (DoE) PV commercialization facilities, and academics on both sides of The Pond announcing new advances in recent months.

The US National Renewable Energy Laboratory (NREL) has published a new report focusing on core benchmarks for PV prices, deployment, and imports.

State-owned thermal energy giant NLC has signed an agreement with WAPCOS Ltd, a public-sector engineering consultancy services provider, to carry out collaborative technical services and advisories for developing pumped storage projects in India.

India’s Livsol has introduced wall-mounted lithium battery inverters in 300 VA, 1 kVA, 2 kVA, 3 kVA, and 5 kVA models with operating voltages of 12.8 V, 12.8 V, 25.6 V, 51.2 V, and 48 V, respectively.

The company’s consolidated profit after tax (net profit) of INR 440 crore ($53.3 million) in the Jan-March period of 2023 was 85% higher year-on-year.