Waaree Energies Ltd has signed a definitive agreement to acquire 100% of Enel Green Power India (EGP India) for INR 792 crore.
The global agrivoltaics market is pegged at a 10.1% annual growth rate, according to a research note by Allied Analytics.
Enel Green Power’s new solar panel has average efficiencies ranging from 22.6% to 22.9% and a temperature coefficient of -0.24% per degree Celsius. It is based on an n-type solar cell with G12 format and a power conversion efficiency of 24.6%.
The Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway’s largest pension company, have signed a deal to raise a 49% stake in a 420 MW solar power plant in India developed by Italy’s Enel Green Power.
Enel Green Power is combining existing PV arrays with agriculture at nine pilot sites in Europe. pv magazine recently spoke to Giovanni Tula, the company’s head of sustainability, about the business model and its replicability.
India’s largest private-sector thermal power producer—which ranked as the sixth-largest solar player globally in 2019—has climbed to the top spot following a Solar Energy Corporation of India (Seci) award to develop 8 GW of Indian solar project capacity.
The Italian utility, fresh from securing its first 300 MW of PV generation capacity in the recent, record-setting tender held by SECI, has teamed up with the state-owned Norwegian Investment Fund to commit to further clean energy facilities in India.
The renewable energy developer—which owns and operates 172 MW of wind capacity in India—has claimed its first solar tender win in the country with a SECI award for 300 MW power.
With Leclanché due to open a module and battery pack assembly line in Gujarat alongside JV partner Exide Industries by the end of next month, the Swiss storage solutions company has been active nearer its home market.
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