The clean energy arm of Reliance Industries Limited will invest US$ 50 million in MIT-incubated Ambri. As part of the transaction the two companies will also partner to develop and manufacture liquid metal batteries in India.
The Indo-Tibetan Border Police outposts along the China border at the height of 18,000 feet use MicroSun Solar panels to generate electricity for central heating, among other applications.
Continuing delays in payments from utilities, regulatory uncertainty on tariff matters and tight financing have hit the industry hard.
The President of India has sanctioned implementation of viability gap funding for setting up of 1 GW grid-connected solar PV power projects in North Eastern states including Sikkim. The funding has been approved as a subset of the existing scheme for setting up of 5 GW grid connected solar PV power projects with viability gap funding under Batch IV Phase II of Jawaharlal Nehru National Solar Mission.
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