Indian opportunity for renewable energy investments
In a keynote address at Intersolar Europe 2022, Indian Union Minister Bhagwant Khuba asked global investors to seize the opportunity to focus on India as it targets net-zero emissions by 2070 and 500 GW of installed non-fossil energy capacity by 2030.
JLNPhenix Energy expands lithium battery capacity to 550 MWh/year
Noida-based manufacturer JLNPhenix Energy has expanded its lithium battery manufacturing capacity in India to 550 MWh/annum, with the addition of a 150 MWh/year plant in Maharashtra.
Solis unveils off-grid PV inverter
The S5-EO1P(4-5)K-48 series off-grid PV inverter has an efficiency of 96.7% and supports parallel operation of up to 10 units, which allows for a system capacity of up to 50 kW. According to the manufacturer, the device is compatible with all top-tier brands of lithium-ion and lead-acid batteries.
Vertical PV system for green rooftops
Norwegian startup Over Easy Solar AS is launching a vertical PV system for rooftop applications at this year’s Smarter E in Munich, Germany.
Bhago Mobility acquires stake in lithium battery supplier Pastiche
Bhago Mobility Solutions, the green energy vertical of automotive parts manufacturer Modern Automotive, will invest $16 million in a partnership with Pastiche. They plan to jointly develop solid-state and lithium-ion batteries for electric mobility and energy storage.
Borosil Renewables posts 28% net sales increase for FY 2021-22
Borosil Renewables, an Indian solar glass manufacturer, has recorded net sales of around INR 644 crore ($83 million) for fiscal 2021-22. It operated almost at full capacity throughout the year and sold out of everything it produced.
Longi surpasses 7 GW of monocrystalline solar panel shipments to India
Chinese PV module manufacturer Longi has surpassed 7 GW of shipments to India, less than six years after launching its operations in the country.
New water-draining device for rooftop PV systems
Portuguese startup Solarud has developed a way to eliminate soiling around the frames of PV panels with low inclination slopes. The device drains water that would otherwise stay stagnant on the surface of modules.
Saatvik launches 545 W bifacial PV modules
Indian manufacturer Saatvik has developed bifacial PV modules based on mono PERC, half-cut technology. The multi-busbar modules boast an efficiency rating of 21.12%.
Waaree supplies 45 MW of PV modules to KPI Global
Mumbai-headquartered Waaree has supplied its 335 Wp polysilicon modules to Gujarat-based developer KPI Global Infrastructure, for projects in Bharuch district, Gujarat.
