Now green urban mobility to get one billion euros boost from Germany
Having extended around two billion euros for clean energy projects, Germany will now support India in improving green urban mobility infrastructure, solutions and services in cities. Furthering its support for clean energy transition, it will also provide concessional loan of 200 million euros for a DISCOM investment facility in India.
Europe announces plans for battery gigafactories
In news that will add urgency to Indian government efforts to establish a domestic storage industry, funding has apparently been secured for 16 GWh-plus production lines in Sweden and Germany. Is India at risk of being left in the starting blocks?
Analysis: Siemens’ move for Kaco unlikely to threaten Indian jobs
The German giant – which manufactures central inverters near Mumbai – announced plans last week to acquire Kaco and start a new smart infrastructure business from April 1. In light of those moves, pv magazine spoke to IHS Markit’s Cormac Gilligan about the new kid, albeit huge, on the block.
Siemens bids to take over fellow inverter maker Kaco
The German powerhouse – which makes central inverters for PV projects in India – wants to complete the acquisition by July. Indian employees will be hoping target company Kaco’s disposal of its central inverter operation last month will avert job losses by removing any potential overlap between the manufacturers.
India gets its first grid-scale battery energy storage system
The 10 MW grid-scale energy storage system at Tata Power Delhi Distribution’s Rohini Substation is also said to be South Asia’s largest.
Siemens announces large-scale inverter plans for India
Having reportedly ended its relationship with SMA Solar, Siemens has announced it will be manufacturing and supplying 5 MW inverters to the Indian market.
Siemens Gamesa to build India’s first hybrid wind-solar farm
Siemens Gamesa has been commissioned to move forward with the coupling of a newly constructed 28.8 MW solar facility to an existing 50 MW wind farm, the company’s first and a noteworthy development for India’s solar market.
