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India

Prescinto to optimize Greek developer’s 70 MW of solar assets

Gujarat-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has entered the European market by securing a deal with Thessaloniki-based SunSolarWind for 70 MW of solar assets.

Catalyzing energy transition in rural MSMEs through rooftop solar

Solutions for catalyzing rooftop solar in the rural commercial and industrial market have to be looked at in terms of geographic clusters. This allows for the aggregation of demand, making it easy to run awareness campaigns in a targeted manner.

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NLC targets 6.03 GW of renewables capacity by 2030

The state-owned thermal energy giant has deployed 1,421 MW of renewable power generation capacity so far, including 1,370 MW of solar and 51 MW of wind power plants.

NTPC seeks 461 MW of solar modules for Shajapur PV projects

NTPC Renewable Energy Ltd (NTPC REL) has invited bids from manufacturers to supply a cumulative 460.55 MW DC capacity of crystalline PV modules for its Shajapur solar projects in Madhya Pradesh. The modules must be rated a minimum of 530 Wp each. Bidders have until Dec. 19 to lodge their interest.

Mobilizing green finance for Indian MSMEs

In the absence of immediate viable financial solutions, MEMEs (micro, small and medium enterprises) need government intervention to get sustainable debt at a reasonable rate. A way forward could be a green finance platform for MSMEs.

Applications open for incentives under second phase of solar PLI Scheme

The Solar Energy Corp. of India Ltd (SECI) has started accepting applications from solar manufacturers under the second phase of the Production Linked Incentive (PLI) Scheme with an outlay of INR 19,500 crore ($2.4 billion).

Polycab unveils grid-tie string solar inverters

Polycab has unveiled compact-size, light-weight grid-tie string solar inverters with power ranging from 1 to 5 kW, a maximum efficiency of 98.1%, and total harmonic distortion below 1.5%.

Hydrogen, carbon prices and electricity markets

The hydrogen economy, particularly green hydrogen, has a long growth path ahead.

Israel’s Phinergy to present Tata car powered by its aluminum-air battery

The electric car powered by Phinergy aluminum-air battery will be on display in Auto Expo India 2023 at the booth of IOC Phinergy (IOP), a joint venture of Phinergy and State-run fossil fuel giant Indian Oil Corp.

Sembcorp acquires Vector Green

Sembcorp Green Infra has signed the agreement to acquire Mumbai-based renewable power producer Vector Green, which has a cumulative 583 MW of solar and wind portfolio in India.

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