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solar and storage

After Aborting Module Making Plan, Coal India To Expand RE Production

India’s premier public sector coal mining company-Coal India Limited (CIL) has planned to boost the growth of renewables under its portfolio. This comes after the public utility aborted its earlier plan to produce solar panels. Speaking recently at the Bloomberg BNEF Summit, Debashish Nanda, Director-Business Development of Coal India said that the company as of […]

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Eastman Auto Sets Sights On Rooftop Solar, Last Mile Mobility With Key Leadership Changes

Eastman Auto & Power Ltd. has announced key additions to its leadership team at Elevate, Eastman’s leadership meet. The event marked a milestone as the newly strengthened senior leadership of the company came together to collaborate, innovate and further accelerate Eastman’s journey towards its future as a leader in Last Mile E-mobility Solutions and Solar […]

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Q2: US Residential Solar Adds 1.1 GW, Lowest Growth in Three Years

United States (US) solar module manufacturing capacity now exceeds 31 gigawatts (GW). Solar manufacturing received nearly a four-fold increase since the Inflation Reduction Act (IRA) became law in 2022. According to the US Solar Market Insight Q3 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, federal clean energy policies […]

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Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition

Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […]

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NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS

NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024.  As per the NTPC Vidyut Vyapar Nigam […]

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candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood

How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […]

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SolarX Startup Challenge 2024: ISA Enlists 10 Winners From India

The International Solar Alliance (ISA) has now announced the winners of the SolarX Startup Challenge 2024: APAC edition during the International Solar Festival held at the Bharat Mandapam in New Delhi. Among the enlisted winners, 10 companies are from India.  The SolarX Startup Challenge 2024: APAC saw a strong response, with over 270 solar entrepreneurs […]

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415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals

The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […]

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Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing

Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing […]

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