Bihar-based Husk Power Systems will use $6 million of newly acquired funds to build solar hybrid microgrids in 80 communities in rural India. The renewables services provider already owns and operates more than 120 microgrids in India.
Canadian battery developer Zinc8 Energy Solutions has announced plans to begin battery production in the United States, incentivized by manufacturing production credits in the US Inflation Reduction Act.
A new report by Aspire Circle India estimates the potential of renewable energy and the clean-tech sector according to parameters such as revenue and job creation by 2030, and highlights the top 10 areas for investment.
The program will promote sustainable rural entrepreneurship in the country through clean power via microgrids and speedy facilitation of financial linkages.
Residents with electric vehicles will have access to a 24×7 charging facility and can connect through the Tata Power EZ mobile application for all services, including remote vehicle charging monitoring and e-payments.
Under the collaboration, both the companies will jointly evaluate opportunities across JLL India’s clients’ portfolios to extend Tata Power’s Green Energy solutions. Tata Power will also work with JLL India to support the transition of their existing offices in the country into Green Energy power hubs.
India Energy Storage Alliance (IESA) and Australian Future Battery Industries Cooperative Research Centre have collaborated on strategic initiatives that offer potential benefits to battery industries in Australia and India, its development and integration and Australian and India battery value chains.
IESA is currently conducting the “5th Masterclass on Advanced Energy Storage Manufacturing” at IITMRP to support Battery Giga factories and supply chain ecosystem development in India. The Masterclass aims to equip industry leaders with emerging advanced energy storage manufacturing technology skills needed for the green industries.
Grid connected segment is projected to grow at a 10.2% CAGR to reach US$35.5 billion by the end of the analysis period.
Tata Power will set up charging stations across Kolte-Patil projects in the cities of Pune, Mumbai and Bengaluru for providing comprehensive charging solutions to the EV owners.
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