Uma Gupta
Vikram Solar expands PV module capacity to 4.5 GW
Vikram Solar has expanded its PV module production capacity to 4.5 GW with the addition of a 1 GW line at Falta facility in West Bengal.
Power ministry mandates energy storage co-location with solar projects
India’s Ministry of Power has mandated that all renewable energy implementing agencies (REIAs) and State utilities must incorporate a minimum of two-hour co-located energy storage systems (ESS), equivalent to 10% of the installed solar project capacity, in future solar tenders.
Servotech Renewable signs agreement with France-based Watt & Well to make EV charger components in India
The collaboration will initially focus on the development of a 30kW power module for use in the Indian EV charging market.
Central Electronics Ltd invites EOI for automated solar PV module manufacturing plant
Central Electronics Ltd (CEL) intends to outsource its automated solar PV module manufacturing plant with an annual production capacity of 40 MWp when operated in three shifts.
Advait Energy Transitions receives corporate affairs ministry’s approval to set up transmission tools company
Advait Transmission Tools will focus on the business of assembly, manufacturing and trading of stringing tools for power transmission line business.
Power electronics startup Dynolt secures $1.7 million in seed funding round led by Transition VC
Dynolt plans to use the funds for expanding its footprint in mobility through higher power chargers for fast charging stations. The company also plans to enter new sectors like solar and hydrogen with its solutions for high-frequency inverters and DC-DC converters application.
Credit Fair secures $5 million from BII to fund rooftop solar projects in India
Credit Fair has raised $5 million in debt from from the $75-million Green Basket Bond issued by Symbiotics Investments and subscribed to by British International Investment. It will deploy the amount to fund 2,500 new rooftop solar projects.
Alpex Solar wins INR 45-crore solar pumps order from MSEDCL
Alpex Solar will supply 2,000 solar-powered water pumps under Magel Tyal Saur Krushi Scheme in Maharashtra.
Reliance Industries awarded 10 GWh advanced chemistry battery capacity under PLI Scheme
India’s Ministry of Heavy Industries has signed a programme agreement with Reliance New Energy Battery Ltd for 10 GWh capacity under the production-linked incentives (PLI) Scheme for advanced chemistry cells.
Reliance Infrastructure to enter solar, battery manufacturing
Reliance Infrastructure Ltd (RInfra) has announced its plans to set up integrated solar equipment and battery manufacturing units. It has appointed Ivan Saha as chief executive officer (CEO) for the renewable manufacturing business, and Mushtaque Hussain as CEO for battery manufacturing.
