Visaka’s solar roof to power Climate Lab of Anant University
Visaka Industries’ patented Atum solar roof will cover a 4,200 sq.ft area and produce 70 kW of power to run the lab at Anant University’s Ahmedabad campus.
US to extend Investment Tax Credit for solar at 30% to 2032
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
Enphase surpasses 5 million shipments of microinverters produced in India
USA-headquartered Enphase manufactures microinverters in India from Finnish company Salcomp’s plant in Chennai.
Rajesh Exports to set up 5 GWh lithion-ion cell factory
The Bengaluru-headquartered gold refiner will set up a 5 GWh lithium-ion cell manufacturing facility under the government’s production-linked incentive scheme for battery storage.
TERI, REMC sign MoU on renewables
Under the agreement, The Energy and Resources Institute (TERI) will provide research and technical know-how to support Indian Railways in its renewable energy and energy-efficiency projects.
India’s solar report card for FY 2021-22
India installed 12.3 GW of solar in the twelve months ending March 31, 2022. The nation is expected to add a record 20 GW in the current fiscal.
The PV industry needs 12 times more polysilicon production capacity by 2050
New research from the University of New South Wales (UNSW) predicts cumulative polysilicon demand of 46-87 Mt will be required to achieve 63.4 TW of PV installed by 2050.
The long read: Putting solar capital to work
Venture capital investment in solar and energy storage companies in sub-Saharan Africa brings with it considerable risk, but also holds the promise of making an outsized impact in delivering clean energy access. KawiSafi Ventures Managing Director Amar Inamdar says that venture capital investment in frontier markets will be a key part of the “capital stack” required to pursue the joint goals of leapfrogging fossil fuel energy development in the continent and lighting up African lives.
Goldi Solar supplies 9+ MW PV panels to Odisha project
The Gujarat-based solar manufacturer has entered the Odisha market by completing the supply of 9+ MW PV panels for a PV project in the state.
Reliance, Ola, Rajesh Exports sign agreement to make batteries under PLI Scheme
The three companies will receive incentives under the government’s production-linked incentives scheme for battery storage. The scheme has an overall budgetary outlay of INR 18,100 crore (around US$ 2,284 million).
