Stäubli expands Indian manufacturing footprint with $10 million PV connector investment
Swiss electrical connector manufacturer Stäubli has invested $10 million to expand its manufacturing facility in Bangalore, strengthening its presence in India’s fast-growing solar PV market. The expanded site will produce MC4-Evo1 and MC4-Evo2 connectors using fully automated assembly lines to support domestic and global demand.
TKIL Industries enters green hydrogen in alliance with Switzerland’s SoHHytec
TKIL Industries will be SoHHytec’s exclusive partner in India to manufacture and supply specific equipment as well as implement and install direct solar-to-green hydrogen projects.
AMPIN Energy secures $35 million from responsAbility
Swiss impact investor responsAbility’s $35 million investment will enable AMPIN Energy Transition to grow its renewable energy portfolio, primarily in commercial and industrial (C&I) solar across a wide spectrum of sectors in India.
SmartHelio raises $5 million
The Swiss PV diagnostics and predictive solutions provider said it would use the amount to scale its software for solar performance management.
Partners Group to acquire Sunsure Energy
The Swiss investment manager will invest up to $400 million to transform Sunsure into a next-generation independent power producer. The platform targets 3 GW of capacity from Partners Group’s equity commitment.
Long-term, heat-based energy storage in aluminum
Nine partners from seven European countries are involved in the €3.6 million ($3.7 million) “Reveal” research project, which says buildings could be heated in the future by storing energy from PV, wind and water in aluminum.
Energy Vault, NTPC sign MoU for gravity-based energy storage
Switzerland’s Energy Vault will support India’s state-run power producer NTPC in energy transition by deploying its gravity-based energy storage technology and software solutions.
Exide infuses US$2.68 million into lithium battery JV with Leclanché
Exide Leclanche Energy Private Limited, the joint venture with Swiss energy storage specialist Leclanché, has a lithium battery pack and module assembly factory in Gujarat.
SmartHelio appoints key executives
The Swiss PV diagnostics and predictive solutions provider has appointed Neeraj Dasila as chief technology officer (CTO), and Shankaransh Srivastava as vice president-marketing.
Virescent acquires 55 MWp of operating solar assets from Focal Energy
The acquisition is in line with Virescent’s strategy to acquire operational renewable energy assets that have stable long-term cashflows with government counterparties across India.
