NHPC, APGENCO partner on pumped storage and renewable energy projects in Andhra Pradesh
NHPC and APGENCO will initially develop 1,950 MW of pumped hydro storage projects (950 MW in Kamlapadu and 1,000 MW in Yaganti) through a joint venture.
Engineers India Ltd appointed as independent engineer for battery capacity under PLI scheme
The Ministry of Heavy Industries has appointed Engineers India Ltd (EIL) as independent engineers to monitor the progress of the advanced-chemistry battery cell projects awarded under the production-linked incentives (PLI) Scheme.
Shell Energy commits over $363 million for renewable energy plant, EV charging stations in Gujarat
Shell Energy India has signed a memorandum of understanding (MoU) with the Gujarat government to invest INR 3,000 crore ($363.24 million) in building a renewable energy generation plant and EV recharge stations in the state.
Re:Build Manufacturing introduces solar ingot processor
Massachusetts-based Re:Build Manufacturing has unveiled the RBM600 Solar CZ Puller, a solar ingot processor designed to manufacture high-purity polysilicon ingots for solar panels.
TotalEnergies acquires full stake in Total Eren
TotalEnergies has increased its stake in Total Eren from 30% to 100%, a transaction that values the independent power producer at €3.5 billion ($3.8 billion).
HSBC announces $2 million funding to IIT Bombay, Shakti Sustainable Energy for green hydrogen innovation
HSBC India has partnered with the Indian Institute of Technology (IIT) Bombay to support innovation-led green hydrogen initiatives. It has also partnered with Shakti Sustainable Energy Foundation (SSEF) to support policy research, and technological and financial solutions for real-world application of green hydrogen in industrial clusters across four states of India.
RecycleKaro invests INR 100 crore to set up nickel metal facility in Maharashtra
Maharashtra-based RecycleKaro will set up a plant to produce nickel metal from scrap lithium-ion batteries and nickel hydroxide. The plant is set for commissioning by December end and is expected to produce 1,200 tonnes of nickel metal annually.
Global sales of off-grid solar energy kits hit 9.5 million units in 2022
In 2022, off-grid solar energy kit sales reached a record-breaking 9.5 million units. This is almost one million more than 8.5 million units sold in 2019. Of the 9.5 million annual sales, 5.2 million were recorded in the second half of 2022.
India module prices fall in line with international prices
But domestically manufactured solar modules still cost 45-50% more than Chinese products because of import duty on cells and higher cost of domestic manufacturing.
KiloVault introduces solar-ready DIY off-grid battery
KiloVault has developed a solar-ready, do-it-yourself (DIY) offgrid battery, with sizes ranging from 4.3 kWh to 27.6 kWh. It comes equipped with a pre-wired, single-phase AC inverter and the ability to directly accommodate electrical loads.
