Waaree solar modules to power Austrian PV encapsulant firm’s operations
Austria-headquartered Borealis has deployed Indian manufacturer Waaree Energies’ modules for the rooftop solar installation at its plant in Italy. The modules use Borealis’ encapsulation film.
Scatec enters Indian solar market
The Norwegian renewables business has acquired a 50% stake in Acme’s 900 MW solar project in Rajasthan. The project will benefit from a 25-year PPA with the Solar Energy Corporation of India.
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.
India ranked third most attractive country for solar investment
India ranks behind the United States and China in IHS Markit’s latest rankings of most attractive solar markets.
Dutch LPG major acquires majority stake in SunSource Energy
SHV Energy, a Netherlands-headquartered global distributor of liquefied petroleum gas (LPG), has invested in India’s SunSource Energy as it seeks to realize new opportunities within distributed renewable energy. The investment also enables SunSource to expand its distributed solar portfolio.
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.
Axitec releases 540 W solar panels
German solar manufacturer Axitec has revealed plans to start selling its new half-cut PV modules from the second quarter. It manufactures the panels with 182 mm wafers.
Edelweiss Infrastructure acquires 74% stake in Engie’s India solar assets
The Mumbai-based investor has concluded acquiring a controlling stake in Engie’s 813 MWp operating solar capacity in India. It will also acquire 2 GW of solar assets to be developed by the French energy major over the next couple of years.
