US-based energy tech company Enphase Energy appears to have overcome the adversity it faced in the mid-2010s, when it was grappling with competition from string inverters and slower growth in the residential segment. Now that rooftop solar is hot again, Enphase’s co-founder and chief product officer, Raghu Belur, sat down with Tristan Rayner to discuss the microinverter pioneer’s approach to quality in a time of rapid change and the growing utility of connected devices.
USA-headquartered CubicPV will supply, per annum, 1 GW of Direct Wafer silicon solar cells to Indian manufacturer Waaree Energies under a five-year contract. The cells will be supplied from its upcoming 2 GW factory in India.
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.
Tata Power has raised INR 4,000 crore (US$ 525 million) from a consortium led by the world’s largest fund manager BlackRock Real Assets and Abu Dhabi sovereign wealth fund Mubadala Investment Company to fund the growth of its renewable energy business.
The agreement will see Powin supply and commission its advanced Stacks battery storage product lines for round-the-clock renewable energy projects undertaken by O2 Power.
Michigan’s Our Next Energy (ONE) said it will use the funding led by BMW to accelerate R&D and build a US manufacturing facility.
Adani and Canadian PEM fuel cell producer Ballard Power Systems will examine various co-operation opportunities including fuel cell production.
Ohmium has collaborated with India’s CSIR-Central Electrochemical Research Institute as it aims to make green hydrogen not only cost-effective but also scalable to meet the world’s demand. The sponsorship enables it to leverage CSIR-Central Electrochemical Research Institute’s deep expertise and resources for further development of electrolyzer technology.
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