The C&I solar developer will use the net proceeds from the IPO towards meeting its working capital requirements, investment in subsidiary companies, capital expenditure for expansion purposes, and general corporate expenses.
The solar and energy storage EPC provider is planning to collaborate with competent agencies for support towards development of robotic system for module cleaning, suiting to the company’s in-house designs.
The online solutions provider for commercial and industrial solar has raised INR 3.5 crore to fuel its product development initiatives and expand into new industrial belts across the country.
The minister also underlined the need for diversification of supply chains by using alternative battery technologies such as sodium-ion.
PVH’s manufacturing facility in Jeddah will supply solar trackers to Larsen & Toubro for the 2.97 GWp PV project in the NEOM region of Saudi Arabia.
India installed 9.8 GW of utility-scale solar and 2.2 GW of rooftop PV capacity in the twelve months ending March 31, 2023.
Solar cities in Uttar Pradesh will host 1 kW solar trees with LED street lighting systems and 2.5 kW solar trees for the illumination of gardens and parks.
The state-run hydropower producer has issued a tender to select developers for the supply of 1.5 GW of firm and dispatchable power from renewable power projects with energy storage system. The projects can be located anywhere in India, provided these are connected to the interstate transmission system.
The National Solar Energy Federation of India (NSEFI) has been awarded special consultative status by United Nations Economic and Social Council (ECOSOC).
Scientists from the Vellore Institute of Technology in India carried out a comprehensive study into the impacts of soiling on PV modules – measuring the amount of performance loss caused by different types of dust and bird droppings, and for modules installed at various tilt angles, in the hot-dry climate of Vellore in southern India. Their findings could allow developers to better take into account and mitigate the effects of soiling during site selection and system design.
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