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The worldwide PV inverter industry is expected to reach $15.8 billion by 2030
The residential end-use segment is expected to witness significant growth over the forecast period on account of increased demand for solar renewable energy among consumers for electrification purposes, home appliances, and other applications.
2,877 EV charging stations sanctioned under FAME–II in 68 cities across 25 States/UTs
Further, 1576 charging stations have also been sanctioned across 9 Expressways and 16 Highways under Phase II of FAME India Scheme.
Enphase Energy powers one of India’s largest integrated solar roof for Pangaea Natural Stone in Rajasthan
The 530 kWp InRoof solar system, designed by Ornate Solar, is powered by module-level power electronics in the form of microinverters from Enphase Energy. The solar roof installation will help Pangaea Natural Stone meet its net-zero goals by offsetting 18,346 tons of CO2 emissions.
PTC India and AutoGrid sign MoU to provide AI and ML technology-based solutions to the Indian power market
Collaboration to focus on flexibility management including Demand Response for distribution utilities, optimization of Distributed Energy Resources such as solar, wind and battery storage assets for generators, distribution companies and large Commercial & Industrial consumers.
IESA partners with Australian Future Battery Industries Cooperative Research Centre
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.
CDPQ and CLP strengthen strategic partnership in Apraava Energy
Global investment group CDPQ to increase its strategic participation in Apraava Energy to 50%, making the company a 50:50 joint venture between CDPQ and CLP
Solar Decathlon India opens registrations for net-zero building challenge
Solar Decathlon India participants will be evaluated across 10 contests: energy performance, water performance, resilience, health and wellbeing, embodied carbon, innovation, architectural design, scalability and affordability, engineering and operation, and marketing and branding.
IESA and IIT Madras Research Park partner to support innovations and entrepreneurship
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.
PFC secures JPY 30 billion loan from Japanese bank
Power Finance Corporation Ltd has signed a loan agreement for JPY 30 billion with the Japan Bank for International Cooperation (JBIC).
Global solar PV glass market to reach $35.7 billion by 2026
The global market for solar PV glass, estimated at $7.6 billion, is projected to reach a revised size of $35.7 billion by 2026, growing at a CAGR of 28.8% over the analysis period.
