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Lithium-ion fire fears spark recall of 433,000 solar LED umbrellas in US, Canada

The US Consumer Product Safety Commission and Health Canada have issued a joint recall of patio umbrellas due to fires caused by the overheating of lithium-ion batteries.

Torrent Power acquires 50 MW solar plant from Canadian developer SkyPower

The solar plant, located in Telangana, benefits from a 25-year power purchase agreement (PPA) with the State discom at a fixed tariff of approx. INR 5.35/kWh. It has a remaining useful life of approx. 20 years.

Adani Group to explore hydrogen fuel cell manufacture in India

Adani and Canadian PEM fuel cell producer Ballard Power Systems will examine various co-operation opportunities including fuel cell production.

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KKR-backed Virescent Infrastructure raises US$62 million

Mumbai-headquartered Virescent Infrastructure, set up by US investor KKR to own and operate renewable energy assets in India, has raised INR 4.6 billion (US$62 million) through its renewable energy-focused infrastructure investment trust (InvIT). Canada’s Alberta Investment Management Corporation (AIMCo) led the funding.

Canada’s OMERS Infrastructure to buy 19.4% stake in Azure Power

The transaction expands Canadian pension plan’s investment in clean energy, consistent with its long-term strategy to increase footprint in this growing sector.

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Indian startup Solavio Labs raises Canadian fund

The solar panel-cleaning robot startup, which saw its sales jump 125 times last year, has thus far raised three levels of funding amounting to INR 2 crore from government bodies in India, Dubai, and Canada. 

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Solar panel cleaning startup Solavio Labs selected into Canadian accelerator program

The Coimbatore-based startup has designed an autonomous solar panel cleaning bot with a modular design, making it compatible with almost any structure, mounting area, or climatic condition.

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Big dip in import and export of solar modules and cells

A flying start to the year saw huge volumes of solar cells and modules imported to India but the scale and value of such products fell over the remainder of 2018 and export figures mirrored that trend.

US rejects establishment of compliance panel, disagreeing with India’s WTO claim

The United States blocks India’s request for a panel to investigate Indian compliance to solar cells ruling. Thus, the Dispute Settlement Body (DSB) has deferred the establishment of a compliance panel. Moreover, U.S. reserves its right to obtain WTO authorization to take countermeasures against India, but there is desire to find a bilateral resolution.

Greenko competing with Renew Power to acquire SkyPower

Greenko and Renew Power both companies are in talks with Canadian developer SkyPower to buy its stake in Indian solar projects.

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