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Indian market

N-TOPCon Modules Manufacturer Saatvik Solar Gets BIS Certification

Solar Module manufacturer Saatvik Solar announced that the Bureau of Indian Standards (BIS) has granted approval for India’s 16 BB Bifacial N-TOPCon Module. This additional certification covers Saatvik’s PV modules to high-efficiency solar solutions, catering to the growing demand for advanced photovoltaic technology and performance standards for the power output warranty period, said the company […]

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VinFast Set To Launch Integrated EV Facility In Tamil Nadu On February 25

VinFast Auto a Vietnam-based automaker shared its plan to set up an integrated electric vehicle (EV) manufacturing facility in Tamil Nadu which is projected to churn out about 3,000 to 3,500 local job opportunities. VinFast shared its plan to set up an integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on February […]

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Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project

Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […]

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Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion

Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […]

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Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio

Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […]

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Inox Wind Gets Its 3MW Turbines Enlisted With MNRE

Indian wind energy company Inox Wind Limited announced that its 3 MW Wind Turbine Generator (WTG), with a booster capacity of up to 3.3 MW, has been enlisted in the Revised List of Models and Manufacturers (RLMM) published by the Ministry of New and Renewable Energy (MNRE). The firm said that its 3 MW wind […]

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International Battery Company Raises $35mn In Pre-Series A Round

International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Lithium-ion NMC batteries announced raising USD 35 Million. This includes a Pre-Series A round led by RTP Global, and contributions from a broader investment base which includes Beenext, Veda VC, and other strategic Korean and US Investors. […]

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First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu

American solar module manufacturer First Solar inaugurated its new solar manufacturing facility in Tamil Nadu. The global cleantech company claimed it to be the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, T R B Rajaa inaugurated the facility in a ceremony attended by […]

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Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India

Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […]

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