Servotech Renewable signs agreement with France-based Watt & Well to make EV charger components in India
The collaboration will initially focus on the development of a 30kW power module for use in the Indian EV charging market.
Central Electronics Ltd invites EOI for automated solar PV module manufacturing plant
Central Electronics Ltd (CEL) intends to outsource its automated solar PV module manufacturing plant with an annual production capacity of 40 MWp when operated in three shifts.
Advait Energy Transitions receives corporate affairs ministry’s approval to set up transmission tools company
Advait Transmission Tools will focus on the business of assembly, manufacturing and trading of stringing tools for power transmission line business.
Power electronics startup Dynolt secures $1.7 million in seed funding round led by Transition VC
Dynolt plans to use the funds for expanding its footprint in mobility through higher power chargers for fast charging stations. The company also plans to enter new sectors like solar and hydrogen with its solutions for high-frequency inverters and DC-DC converters application.
Alpex Solar wins INR 45-crore solar pumps order from MSEDCL
Alpex Solar will supply 2,000 solar-powered water pumps under Magel Tyal Saur Krushi Scheme in Maharashtra.
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.
