Author: Chitrika Grover

IBM Acquires Prescinto, Expands Into Renewable Energy Space

IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […]

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SunDrive Partners With Trinasolar To Advance Solar Manufacturing In Australia

SunDrive Solar, an Australian solar innovation provider, and Trinasolar, a Chinese solar manufacturers, have signed a Memorandum of Understanding (MoU) to form a majority Australian-owned joint venture (JV). This joint venture aims to support solar manufacturing capabilities in Australia, strengthen the nation’s energy security and contribute to country’s renewable energy goals. With SunDrive’s solar technology […]

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Karnataka Plans Rooftop Wind Aero Turbines, Issues Draft Rules

The Karnataka Electricity Regulatory Commission (KERC) has now issued draft norms to introduce grid-connected rooftop aero turbines in the state. The draft norms put forth by the state power regulator said that these systems could be installed onto the rooftops with or without rooftop solar systems. The draft notification aims to promote co-generation of electricity […]

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After China & Europe, India Set To Embark On Offshore Wind Journey

After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […]

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Credence, Krannich Partner To Supply MonoPERC & Topcon Modules

Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […]

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Rooftop Solar Can Increase Local Temperature, Says Research

A recent research showed that rooftop solar can raise temperatures during the daytime and lower them at nighttime. These findings were based on a city-wise simulation on photovoltaic solar panels on rooftops. The research indicated that the conventional photovoltaic solar panels may increase temperatures on hot days and lower them at night, said new modelling. […]

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NTPC-Ramagundam Invites Bids To Build 100MW/400MWh BESS

NTPC-Ramagundam in Telangana has issued a tender to build grid-connected 100MW/400MW Battery Energy Storage System (BESS). Through this tender, NTPC has planned to develop renewable energy solutions and support the same through energy storage. The deadline for bid submissions is set for November 6, 2024. The successful bidder will be responsible for developing, installing, and […]

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Solar-Storage Can Avert India’s 40 GW Power Shortage By 2027: Berkeley

India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a […]

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Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant

Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […]

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