China to fund 450 MW of solar capacity in Bangladesh
The two nations have signed an MoU to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.
Tata Power partners Tata Motors to install 300 EV charging stations across India
The charging stations—to be installed in five metro cities—will come up at strategic locations frequented by potential electric vehicle owners such as Tata Motors dealerships, certain Tata Group retail outlets and other public locations.
NALCO, HCL and MECL sign JV agreement to secure lithium and cobalt
The joint venture company—Khanij Bidesh India Limited (KABIL)—will help India to secure strategic minerals from abroad for manufacturing of solar energy storage and EV batteries.
QMC bags fresh Amtronics order for solar cell production equipment
The $500k order follows the delivery of two high-volume quantum-dot production systems—valued at $1 million—to support roll-to-roll printing of thin-film solar cells at Assam facility.
EDEN Renewables seals power supply agreements for 716 MW of new solar capacity
The deals will pave the way for four new solar parks that are set to be commissioned towards the end of next year.
EU and India step up cooperation on solar parks
The European Union and India’s Ministry of New and Renewable Energy have jointly launched standard operation procedures and monitoring tool for Indian solar parks. While the procedures will help to ensure consistency of standards across solar parks, the online monitoring tool will allow better tracking of the solar parks development and operation.
US investor Encourage Capital raises $40 million to fund rooftop solar for Indian MSMEs
The US-based impact investor will invest in specialized financial institutions in India that can develop and scale commercial rooftop solar finance solutions, serving an estimated US$ 9 billion market opportunity.
India and Australia could strike first lithium deal
Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.
Europe announces plans for battery gigafactories
In news that will add urgency to Indian government efforts to establish a domestic storage industry, funding has apparently been secured for 16 GWh-plus production lines in Sweden and Germany. Is India at risk of being left in the starting blocks?
Asun Trackers and IIT Delhi design a solar tracker for Indian market
Pitched as a solution between dual-axis and single-axis trackers, the 2-axis solar tracker offers a yield increase comparable with dual-axis trackers at a significantly lower cost.
