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Solar battery market to reach 540 million in market size by 2030, growing at a CAGR of 15.5%
The global solar battery market was worth US$148 million in 2021. It is expected to reach an estimated value of US$ 540 million by 2030 at a CAGR of 15.5% during the forecast period 2022–2030
IEX power market update May 2022
IEX achieved 7,596 MU volume in May 2022, achieving 16% yoy volume growth across all market segments. Green market accomplished 642 MU volume, seeing 80% YoY growth.
Union Minister Bhagwant Khuba launches NSEFI’s Pan-India Rooftop Solar Awareness Campaign
The campaign shall aim at mobilizing local government, citizens, RWAs, and Municipalities to spread awareness of solar rooftops.
Essar Power enters into agreement with ATL to sell transmission asset
With this transaction, Essar Power is rebalancing its power portfolio with the twin objective of deleveraging its balance sheets and investing in green and renewable power, thereby furthering its ESG-oriented future growth.
Kolte-Patil Developers and Tata Power partner to ease EV adoption, drive sustainability
Tata Power will set up charging stations across Kolte-Patil projects in the cities of Pune, Mumbai and Bengaluru for providing comprehensive charging solutions to the EV owners.
Calls for responsible renewable energy system in India by consortium of key industry leaders
Responsible Energy Initiative (REI) India seeks a socially just, ecologically safe, and rights respecting renewable energy sector as the country aims to achieve 500 GW of installed RE capacity by 2030.
Mooreast outlines strategies to enhance mooring solutions for the floating renewable energy sector
The Group intends to expand its product portfolio of mooring and rigging solutions to better support renewable energy customers; establish collaborations with international companies involved in the sector; and enhance capabilities within its newly established Yard Division at its new premises at 51 Shipyard Road in Singapore.
Smarten invests 3X in R&D, set to launch a disruptive range of solar power back-ups by end of the 2nd quarter of FY 2022
In the first phase of investment, Smarten has planned to produce MPPT technology to bring advanced products at an affordable price and will also focus on developing electronic hardware, remote monitoring software, and lithium-ion fabrication.
Amara Raja Group Co-founder and Chairman Jayadev Galla attends Davos WEF summit
Amara Raja has plans to invest $1 billion in building up its capabilities to manufacture lithium-ion batteries over the next 5-10 years.
Lord’s Mark Industries enters into one of the world’s mega solar lighting in Bihar
Bihar is one of the first states to implement the world’s largest solar-based lighting project. The project will be implemented through BREDA. Philips is channel partner to the project with Lords.
