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LNJ Bhilwara Group Forays into Energy Storage Segment

The Rs 7300 crore turnover  LNJ Bhilwara Group, today announced its entry into the lithium-ion battery business through its private promoter entities. The group has entered into a joint venture with ReplusEngitech Pvt Ltd, a Pune-based company pioneering advanced energy storage products and solutions to establish a 1GWh plant for Lithium-Ion Battery Modules & Packs, […]

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“Floating Solution Will Be One Of The Main Enablers For PV sector In India”

For French Solar Firm Ciel Et Terre, India was natural market  market once the country embarked on a strong solar push, not to mention the strong partnership with France at global for a like the International Solar Alliance. Through its India firm Ciel Terre India, the firm has been quietly working to educate developers and policy […]

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The Reliance Effect On Solar. Who Should Worry?

When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […]

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Verdant Microgrid Locks $150 Million Agreement with ClearGen and Blackstone

Verdant Microgrid, LLC, a leading clean energy development company, announces the completion of a USD 150 million exclusive financing agreement for the development of microgrid projects with ClearGen, LLC, a Blackstone Credit portfolio company. ClearGen, in partnership with Blackstone, works with partners to deliver efficient and reliable energy infrastructure to consumers. Verdant develops, designs, builds, […]

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Canadian Solar Secures EUR 50 Million For Project Development in EMEA

One of the leading solar PV module manufacturers, Canadian Solar Inc. has announced securing a Euro 50 million bilateral corporate facility with Banco Santander, S.A. The facility will support growth at Canadian Solar’s Global Energy business as it executes and expands on its project development pipeline in Europe, Middle East, and Africa (EMEA) region, and […]

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Researchers in China Develop a PV-driven AC Using Ice Thermal Storage

Scientists in China from the Yunnan Normal University and the Jiaxing University have built a PV-powered air conditioner that uses ice thermal storage rather than batteries to store power. The design of the air conditioner, directly driven by distributed solar PV, was studied, and an MPPT controller was designed to effectively utilize solar energy. A variable speed […]

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Triton EV Signs MoU for 2,100 Crores Investment in Telangana

Triton Electric Vehicle, LLC, the US-based electric vehicle (EV) subsidiary of a leading solar panel and battery engineering firm, Triton Solar, has announced signing a Memorandum of Understanding (MoU) with the state of Telangana to set up its manufacturing plant with an investment of Rs. 2,100 Crores. The EV major has announced that it will […]

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Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market

Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […]

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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