Home » Daily Newsletter » Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk
Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of...
Suzhou GaoRun New Energy Technology, a provider of automatic solar photovoltaic (PV) module turnkey manufacturing lines, has appointed Hitesh Tungal as Vice President for its international operations with effect from September 1, 2022. [caption id="attachment_50631" align="alignleft" width="285"] Hitesh Tungal[/caption] Tungal's base of operations will be...
The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has awarded a sizable, state-spanning grid-interactive rooftop solar power plant project to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. The project entails construction of 4.1 MW...
To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of...
Japan’s RIKEN Cluster for Pioneering Research (CPR) has published its new experimental study sharing that its researchers have engineered a system that has created remote controlled ‘cyborg cockroaches’ that are equipped with a tiny wireless control module powered by a rechargeable battery attached to a...
Israel-based robotic PV panel cleaning specialist, Airtouch Solar has signed an agreement with ReNew Power, a leading Indian start-up that delves into renewable energy. Airtouch Solar signed orders in an overall scope of approximately USD 3.3 million with the Indian mega-corporation ReNew Power for the...
China-based inverter and energy storage solution provider for renewable energy, Sungrow has announced that it will supply a fully integrated 55MW/220MWh Battery Energy Storage System (BESS) to Global Power Generation (GPG) for its 100MWac Cunderdin Project. Cunderdin lies 150 km east of Perth in Western...
The Nagaland Government has launched a unified rooftop solar web portal that is expected to give a fillip to greater generation and use of solar power in the residential sector by simplifying the approval process. KD Vizo, Principal Secretary for Power applauded the effort of...
The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy...
Delhi-based advanced battery manufacturer JP Minda has signed a Memorandum of Understanding (MoU) with Energy solutions start-up Sheru to work together on improving battery performance and the deployment of batteries. According to the MoU, Sheru will grant Minda access to its Tezz software platform in...
Pune-based EV producer EVTRIC Motors and Mumbai-based battery manufacturer Neuron Energy have announced their alliance. According to the agreement, Neuron Energy would supply 12000 battery packs annually through this alliance, earning around Rs. 50 crores in income. This long-term, strategic partnership will be able to...
India’s leading electric two-wheeler manufacturer, HOP Electric Mobility, has launched its highly-anticipated electric bike, HOP OXO. Revolutionising the hitherto EV ecosystem, HOP Electric says it aims to cater to the needs of conscious customers who are trying to make sustainable choices. HOP OXO starts at 1.25...
Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium...
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