Dutch LPG major acquires majority stake in SunSource Energy
SHV Energy, a Netherlands-headquartered global distributor of liquefied petroleum gas (LPG), has invested in India’s SunSource Energy as it seeks to realize new opportunities within distributed renewable energy. The investment also enables SunSource to expand its distributed solar portfolio.
Fourth Partner Energy secures INR 250 crore from UK investor CDC Group
The Hyderabad-based developer shall use the capital to expand its solar portfolio as it targets 3 GW of PV capacity across all its verticals by 2025. The investment, in the form of non-convertible debentures, marks CDC’s foray into India’s commercial and industrial solar segment.
UK’s Power Roll signs up Thermax to manufacture solar films in India
The UK-based flexible solar film developer is expanding into the Indian market with Thermax as its market development and manufacturing partner.
Managing solar PV waste in India
A new report compares the European Union and Indian regulatory frameworks for managing end-of-life solar panels. It also assesses and analyses the PV waste market and processing capacities in India and shares recommendations for the Indian stakeholders.
Axitec releases 540 W solar panels
German solar manufacturer Axitec has revealed plans to start selling its new half-cut PV modules from the second quarter. It manufactures the panels with 182 mm wafers.
Edelweiss Infrastructure acquires 74% stake in Engie’s India solar assets
The Mumbai-based investor has concluded acquiring a controlling stake in Engie’s 813 MWp operating solar capacity in India. It will also acquire 2 GW of solar assets to be developed by the French energy major over the next couple of years.
The long read: Central Asia’s solar awakening
Uzbekistan is providing a model for solar development in Central Asia as it rolls out its first large-scale projects. With the support of multilateral financial institutions, the government is prioritizing its electrical infrastructure as it pursues economic development goals. And as Amjad Khashman reports, the engagement of developers from fossil-fuel- rich neighbors in its solar projects points to a bright, renewable future for the region.
Solar tile made in Germany
German manufacturer Autarq is selling its solar tiles at a price ranging from €25 to €30 per piece. It claims a PV system built with these products can cover around 70% of household needs.
India, Sweden to fund joint R&D in renewable energy and storage
The Department of Science & Technology, Government of India, and the Swedish Agency for Innovation Systems (Vinnova) have issued a call for joint R&D proposals in renewable energy, electric vehicles and energy storage. The deadline for the submission of proposals is May 6.
Modular lift system for solar panels
Altrex, a scaffolding and ladder producer in the Netherlands, has developed a new modular lift solution for solar panels. The system can raise one solar panel at a time and can be operated by a single installer using nothing other than a cordless drill, the company claims.
