Reliance Industries acquires 100% stake in REC Group, plans new manufacturing bases
India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, yesterday announced the acquisition of Norway headquartered module manufacturer REC Group. The move comes as Reliance pushes forward with its US$10 billion plan to move in on the renewable energy industry, having also this week announced acquisition of a 40% share in EPC provider Sterling & Wilson.
Magenta to deploy EV charging solutions in Delhi
Magenta, in collaboration with State power discom BSES, will deploy innovative EV charging solutions in the discom’s service area in Delhi. It will undertake the installation, operations and maintenance of EV charging solutions under the ChargeGrid brand.
Jubilant Ingrevia raises 26.6% stake in 15.5 MW captive solar plant
Jubilant Ingrevia, a Noida-headquartered integrated life science solutions provider, has signed the agreement to acquire a 26.6% equity stake in the 15.5 MW solar power plant for its captive consumption. The plant, located in Maharashtra, is being developed by Amp Energy through a step-down subsidiary.
Reliance Industries’ new energy arm to acquire 40% stake in Sterling and Wilson Solar
The acquisition gives Reliance New Energy Solar access to Sterling and Wilson Solar’s PV plant engineering and project management skills as it aspires to become a global leader in green energy based on the latest and most cost-competitive technologies and development capabilities.
Risen showcases n-type solar panel with output of 700 W
The 210 mm module can reach a power output of up to 703.6 W and a power conversion efficiency of 23.08%. The result was confirmed by Germany’s TÜV SÜD.
Kolkata Port Trust gets 1 MW solar plant for self-consumption
The ground-mounted, captive solar plant, commissioned by Vikram Solar, is expected to generate 1.4 million units of electricity per year.
The long read: First Solar – ‘India presents a big market opportunity for us’
Sujoy Ghosh, First Solar’s vice president for India and the Asia-Pacific region, speaks to pv magazine about the company’s plans to set up a 3.3 GW module fab in India to service the local market.
Tata Power to install EV charging infrastructure for TVS Motor
TVS Motor has signed a memorandum of understanding with Tata Power to create a regular AC charging and a DC fast-charging network for its electric two-wheelers. The two companies will also explore opportunities to use solar energy to power select TVS Motor locations.
Maharashtra tenders 25 MW grid-connected solar
The Maharashtra State Power Generation Co. Ltd (MAHAGENCO) has invited bids to set up a 25 MW grid-connected solar plant in the Dhule district on a revenue share basis.
Commercial and industrial solar inverter from Havells
Noida-based electrical equipment company Havells has unveiled a 100 kW string inverter for commercial and industrial-scale solar installation. The inverter has an efficiency of 98.7%. It features ten maximum power point tracking (MPPT) inputs, with MPPT voltage ranging from 500-850 V.
