SUBSCRIBE NEWS LETTER

manufacturing capacity

EV Maker Ola Takes Home INR 3,200 in Fundraising Round

Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […]

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Is Solar Trumping Wind, Again?

Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […]

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Bids For Standalone Wind In Tranche XIV In June 2023 Awarded Between INR 3.18-3.24 Per kWh: GWEC

The India’s Wind Energy Market Outlook 2023-2027 released by the Global Wind Energy Council, says that by the end of 2022, total renewable energy installed in India stood at 121 GW of total installations with wind contributing 35% of this, making India the fourth-largest wind market in the world, in terms of cumulative installed capacity. […]

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IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets

The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […]

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Envision Strengthens Success Story in India with 653.4 MW Order

Envision Energy, a global leader in renewable energy solutions has won an order from India’s JSW Energy for developing a 653.4 MW wind energy park in Karnataka and Maharashtra. As per the order, Envision would provide 198 units of EN 156-3.3 MW WTGs (Wind Turbine Generator). The project is expected to be commissioned in phased […]

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Goldi Solar Introduces TOPCon Solar Panels Under HELOC Plus Series

Indian solar module manufacturer Goldi Solar has launched its latest technologically advanced G12 TOPCon solar panel under the HELOC® (High-Efficiency Low on Carbon) Plus series. It was launched during the latest Renewable Energy India (REI) Expo at Greater Noida. TOPCon, formally known as Tunnel Oxide Passivated Contact technology, is a game-changer in solar energy. It […]

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RSOLEC Announces Solar Venture with $300 Mn Planned Investment

Renaissance Solar and Electronic Materials (RSOLEC), a solar enterprise with operations in India and the USA, today announced its official launch and establishment, accompanied by a significant planned investment of about $300 million. With global reach and expertise in differentiated solar and electronic materials manufacturing, RSOLEC claims it is set to revolutionize the industry with […]

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Li-ion Phosphate or Nickel Manganese Cobalt Oxide- Which Has More Potential?

A report by the International Institute of Sustainable Development (IISD) titled ‘India’s Potential in the Midstream of Battery Production’ had shed light on the role of different technologies of batteries like Lithium-ion in the transition of automobile fuel. The report aims at mapping the EV adoption in India. The report says that the EV adoption […]

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Rayzon Solar Forms Joint Venture with Swiss-German Firm Luxra Group

India’s solar panel production firm, Rayzon Solar and German-Swiss that makes solar modules,  Luxra Group will be setting up a joint venture towards the production of solar modules in India. The partnership will combine Luxra’s technology and Rayzon’s expertise in operations with regards to PV panel manufacturing. The joint venture will strive for solar module […]

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