Spraying water system for solar module cooling
A British-Indian research group has developed an active cooling technique that is claimed to improve a PV system’s yield by around 0.5%. The system could be used in residential solar arrays and the water heated by the PV modules may be fed into a solar water heating system.
Hero Future Energies, Ohmium to install 1 GW of green hydrogen capacity
Indian renewable energy developer Hero Future Energies has partnered with US-based Ohmium International on the development of green hydrogen plants in India, the UK, and Europe with a cumulative electrolyzer capacity of 1 GW.
Reliance Industries to acquire sodium-ion battery provider Faradion
Reliance Industries said its solar unit will buy UK-based sodium-ion battery technology provider Faradion for GBP100 million (US$135 million) including debt, as the Indian conglomerate pushes forward with its ambitious plan to move into the renewable energy industry.
bp invests in electric mobility startup BluSmart
The venture capital arm of British energy company bp has invested $13 million in BluSmart in a $25 million Series A funding round. The investment will help BluSmart bring its electric vehicles and charging stations to five major cities.
UK to invest $1.2 billion in green energy projects in India
UK’s development finance institution CDC will invest $1 billion in green projects in India between 2022-26. Besides, UK has committed a new $200-million private and multilateral investment into the joint UK-India Green Growth Equity Fund that invests in Indian renewable energy.
Torrent Power acquires 50 MW solar assets from Lightsource BP
The PV plant is situated in the Solapur district of Maharashtra. It benefits from a 25-year power purchase agreement with Solar Energy Corporation of India Limited at a fixed tariff of INR4.43 per unit.
India again ranked the world’s most attractive solar market by Ernst & Young
The nation maintained the highest score of 62.7 for solar in the latest edition of Ernst & Young’s renewables attractiveness index. It ranked third for overall renewable energy investment.
Compressed air tech for solar module cleaning, cooling shows promise in India field-testing
British scientists have reported significant restoration of the panel performance with the experimental compressed air system developed by them for the simultaneous cleaning and cooling of PV modules. The system was built with a compressed-air unit which was made of a compressor, an air tank, and an airflow regulation valve, and a series of nozzles. The technique was tested on a PV system located in northwestern India.
Fourth Partner Energy secures INR 250 crore from UK investor CDC Group
The Hyderabad-based developer shall use the capital to expand its solar portfolio as it targets 3 GW of PV capacity across all its verticals by 2025. The investment, in the form of non-convertible debentures, marks CDC’s foray into India’s commercial and industrial solar segment.
UK’s Power Roll signs up Thermax to manufacture solar films in India
The UK-based flexible solar film developer is expanding into the Indian market with Thermax as its market development and manufacturing partner.
