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Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15%

Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […]

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India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi

In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […]

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“The Solar Adoption Experience For Consumers Has Been Poor”

One of the strongest reasons for encouraging solar rooftop, besides the obvious benefits, is the opportunities it creates for jobs, when compared with utility scale solar. Thanks to a more open market, a whole eco-system of suppliers, be it modules, structures, inverters and more have adapted to the opportunity. Finally, the very fact that in […]

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Association of Power Producers Request Financial Support From Finance Minister

The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […]

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NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities

Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […]

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Radiance Renewables Picks Prescinto To Monitor Its Solar Assets

Prescinto has announced that Radiance Renewables has hired them to be their primary monitoring and performance analytics software partner. Radiance is a developer of cost-efficient, renewable energy solutions for commercial, industrial and residential customers. The Ahmedabad, Gujarat-based Prescinto’s solution to aggregate data from all types of energy sources into one single analytics platform will be […]

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Inox Wind Approves Allotment of Rs 199 Cr NCDs to Investors

Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors. The firm announced that Board […]

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Powering Solar to 2025 and beyond

The Technologies and Interventions That Will Drive Solar For the global solar sector, the pandemic hit home much earlier than it did for many other sectors. For even before global lockdowns became the norm, China’s early lockdown in late January, followed by other cities subsequently, was sufficiently disruptive for global shipments of solar equipment, of […]

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Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi

Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […]

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