Erisha E Mobility launches EVs and EV charging stations, eyes battery manufacturing
The electric vehicle (EV) manufacturer has launched electric cargo and passenger vehicles in the L5 category, along with EV charging stations. It also plans gigawatt-scale production of EV batteries soon.
Metastable Materials commissions chemical-free recycling unit for dead lithium batteries
The Indian startup has opened a lithium battery recycling unit in Bengaluru that deploys a chemical-free process for metal extraction. The facility has the capacity to process 1,500 tonnes of dead batteries per year.
Refex allots 1.1 million shares to SunEdison for $1.75 million
The company’s Board of Directors has approved the allotment of preferential shares to SunEdison for INR 14.4 crore ($1.75 million).
India installed 90.3 GW of utility-scale solar and wind as of June 30, 2022
Rajasthan leads in utility-scale solar capacity, accounting for 22% (10,635 MW) of cumulative 48,768 MW PV installations. Karnataka (7,662 MW) ranks second, followed by Maharashtra (5,263 MW).
Statcon Energiaa launches plug-and-play microgrid inverter solution
India’s Statcon Energiaa has developed an outdoor inverter solution for microgrids that can integrate multiple energy sources including renewables (biomass, wind, hydro and solar), battery storage, and diesel generator and deliver continuous, voltage-stabilized power to the loads. It supports both AC and DC coupling.
NTPC, GE Gas Power sign MoU for hydrogen co-firing in gas turbines
NTPC and GE Gas Power will collaborate to explore the feasibility of hydrogen co-firing blended with natural gas in GE’s 9E gas turbines installed at NTPC’s Kawas gas power plant in Gujarat. NTPC will provide H2 required for the project.
Orb Energy secures $20 million in follow-on funding from DFC
Orb Energy has raised a second loan of $20 million from US Development Finance Institution DFC. It will use these funds to extend further finance to SME customers of its rooftop and ground-mount solar systems.
Waaree Energies raises $122.4 million to expand solar manufacturing
The Indian solar manufacturer has raised INR 1,000 crore ($122.4 million) from various private investors to support its module capacity expansion to 9 GW and new cell line of 5.4 GW.
India’s residential rooftop solar capacity expected to rise by 60% this fiscal year
India’s cumulative residential rooftop solar capacity may rise by 60% to reach 3.2 GW by March 31, 2023 driven by rising consumer demand coupled with strong government support.
NeoSol unveils 550 W mono PERC module
The Indian solar manufacturer has unveiled Black Pearls series mono PERC modules in power outputs ranging from 535 W to 550 W, with power conversion efficiency between 20.7% and 21.33%.
