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.
Volks Energie to help Power Grid switch to Ni-Cd batteries for energy storage
Volks Energie has secured a project from Power Grid Corp. of India Ltd (PGCIL) to deploy Nickel-Cadmium (Ni-Cd) batteries for energy storage.
Adani moves to allay fundraising fears
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
Borosil Renewables posts INR 8.64 crore net loss in Q3
The solar glass manufacturer said all of its major export markets are showing lower demand due to low level of local manufacturing as cheap modules imported from China dominate the installations.
ABB Q4 profit up 54% year-on-year
ABB has reported a profit after tax of INR 532 crore for the Oct-Nov-Dec period of 2024, up 54% as compared to the same period in CY 2023.
Gujarat seeks consultant for 14.2 GW of pumped storage projects, tenders 110 MW floating solar EPC
Gujarat State Electricity Corp. Ltd (GSECL) is looking to assess the feasibility of 14,210 MW of pumped storage projects across 16 locations in Gujarat. It has also tendered EPC of 110 MW floating solar in the state.
Andhra Pradesh launches 500 MW/1,000 MWh battery storage tender
NHPC Ltd has launched a tender for selection of developers to set up standalone battery energy storage systems for an aggregate capacity of 1,000 MWh ((500 MW x 2 hours) under the viability gap funding (VGF) scheme in Andhra Pradesh. Bidding closes on March 17.
Premier Energies secures orders for solar modules worth INR 1,234 crore
Premier Energies Photovoltaic has received two domestic orders aggregating to INR 1,234 crore for supply of solar modules.
Cliantech Solutions secures module line deals with Cosmic PV Power, Veda Solar
Cliantech Solutions has signed deals to supply and set up 3.1 GW of solar module manufacturing lines, including 1.6 GW for Cosmic PV Power and 1.5 GW for Veda Solar.
