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Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business

Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […]

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TotalEnergies to Invest $300 Mn in JV with Adani Group for Green Energy

French multi-energy firm, TotalEnergies, will make an investment to the tune of $300 million in a 50-50 joint venture with Adani Green Energy. This initiative is towards the generation of solar and wind energy in India.  The joint venture between the two firms sets sights on 1,050 MW of power. The investment by TotalEnergies will […]

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IESA along with Global Alliances to Host World Energy Storage Day Global Virtual Conference & Expo 2023

Every year, on September 22, World Energy Storage Day (WESD) is commemorated to recognise the advancement of energy storage, which is at the forefront of the clean energy transition for both the transportation sector and the electric grid (www.energystorageday.org). India Energy Storage Alliance (IESA) along with the world’s major global alliances is set to host […]

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Gautam Solar Gets Patent For Innovation In Module Manufacturing 

The Office of the Controller General of Patents has granted a patent to Indian solar module manufacturer Gautam Solar for developing a tool for the bussing process of solar panels. The firm said the design registration affirmed the company tool’s innovative and unique features.  “It is a defining achievement for the Indian Solar Module Manufacturing […]

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India’s Li-Ion Market Will Touch CAGR of 14.8% in 2023-’28: IMARC

A study by IMARC Group, called “Indian Lithium-Ion Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” makes interesting observations about India’s lithium-ion battery market. As per the study, the Li-Ion market of the country reached US$ 2.5 Billion last year. The study says that the market will touch US$ 5.9 Billion by […]

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Sungrow in 60MW/132MWh Energy Storage Partnership in Chile

Inverter firm Sungrow has joined hands with Investment Fund WEG-4. Under the agreement, Sungrow will supply 60MW/132MWh of its liquid cooled energy storage system (ESS) solution, the PowerTitan to Chile. The project is established within Maria Elena Solar Park of 72.8 MW capacity in Antofagasta, Chile, which was commissioned in 2015. Following the operation of […]

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IREDA Partners with Bank of Maharashtra for Renewable Energy

Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […]

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TrinaTracker Gets 108 MW Solar Tracker Order from Colombia

TrinaTracker, the wholly owned Single Axis Tracker manufacturer subsidiary of Trina Solar, has entered into a solar tracker supply agreement with Power Construction Corporation of China (POWERCHINA). Under the agreement, TrinaTracker will be responsible for supplying Colombia’s Tepuy Solar PV Park with smart tracking systems. This will entail  the firm’s Vanguard 1P trackers, smart algorithms […]

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Alight to Mark Entry into Finnish Market with Over 100 MW Solar Park

Europe’s solar developer and Independent power producer, Alight has revealed that it is set to mark its entry into the Finland with a solar park project of over 100 MW, helping with the yearly energy needs of close to 20,000 homes. The ground-mounted project will spread to an area of more than 123 hectares located […]

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