Switzerland

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.

The Swiss PV diagnostics and predictive solutions provider said it would use the amount to scale its software for solar performance management.

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.

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.

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 Leclanche Energy Private Limited, the joint venture with Swiss energy storage specialist Leclanché, has a lithium battery pack and module assembly factory in Gujarat.

The Swiss PV diagnostics and predictive solutions provider has appointed Neeraj Dasila as chief technology officer (CTO), and Shankaransh Srivastava as vice president-marketing.

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.

Ruchi Gupta is a research fellow at the University of Geneva’s Institute for Environmental Sciences. She focuses on how flexibility options, such as sector coupling with hydrogen production, can support renewable energy integration and decarbonize a wide range of sectors.

With an additional investment of INR 33.17 crore, Exide Industries’ shareholding in the joint venture company has increased by 2.28% to 80.15% of the paid-up equity share capital.