India’s energy transition presents $25 billion annual investment potential: Avendus Capital
India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.
India surpasses 64 GW of installed solar capacity: MNRE
Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.
Silicon anode lithium-ion battery cell with 500 Wh/kg density
Amprius has obtained third-party performance verification for a battery cell that offers high power density in a lightweight package.
South Africa launches tender for floating, ground-mounted PV
The South African government is looking for independent power producers to build and operate floating or ground-mounted PV projects at selected government waterworks infrastructure or damns. The projects should be operational for 20 years.
ReNew repaid over $1 billion to offshore bondholders in FY2023
The amount repaid included the most recent amortization of $180 million this month.
Indosol, Reliance win production-linked incentives for poly-to-module manufacturing
Eleven companies have emerged winners in the second round of production-linked incentive scheme for high-efficiency solar modules. Out of these, Indosol, Reliance, and First Solar have won incentives for fully integrated manufacturing capacities.
IREDA touches new record in lending for renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.
Gentari signs 5,000 commercial EV supply pact with Tata Motors
Gentari, a Vehicle-as-a-Service (VaaS) provider, has signed pacts with Tata Motors, MoEVing, and Gati to strengthen its fleet of electric cargo vehicles.
German manufacturer achieves 80% overall efficiency with new PVT solar module
Sunmaxx says Fraunhofer ISE has confirmed the 80% efficiency of its new photovoltaic-thermal (PVT) module. It consists of 108 PERC half-cells in M10 format, with 400 W of electrical output and 1,200 W of thermal output.
ISA, UNDP launch pilot projects on farmland solar in ten African member countries
International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.
