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Mytrah Energy to acquire startup to expand innovation quotient: Report

Mytrah is also looking to collaboration with T-Hub to engage with multiple startups in the clean energy space Hyderabad based Mytrah Energy is reportedly planning to acquire a startup that offers innovative solutions. Mytrah Group chief executive officer Vikram Kailas speaking to TOI said “we are a firm believer that innovation comes from smaller companies. […]

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Delta Expands Portfolio of Utility, Commercial and Residential Power Conversion & Energy Storage Solutions at SPI 2017

Delta is launching several products for the first time to the U.S. commercial and utility markets at the show, including the M125U, a grid-tied 1500V string PV inverter and the ES30 three-phase energy storage system Delta is showcasing its comprehensive portfolio of renewable power conversion and storage technologies for utility, commercial and residential scale applications […]

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Energy Storage Market to Touch 70 GW by 2022

The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […]

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Policy intervention is needed for renewable energy storage Expert

“Only 15-20 per cent of the grid capacity can be pushed with renewable. The present grid is of about 3.5 GW and in that case we can absorb only 70,000 MW in the system. But the national target is 1.7 GW renewable by 2022 of which 1 GW is from solar itself” Policy intervention is […]

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UP With The Sun Indian Food Industry

Food industry is an important sector in every economy, and India is no exception. The food industry in India plays an important role in the country’s economic development as a result of the vital linkages and synergies that it promotes between the industrial and the agricultural sector, the two most important sectors in the Indian […]

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Ingeteam Supplies 150 MW of PV Inverters for Brazil

Brazil has acquired two different configurations of the 1,500 Vdc Inverter Station solution developed by Ingeteam. Ingeteam has recently supplied its equipment for a solar PV generation project in Brazil. This PV inverter supply, totaling 150 MW, is directed at a project comprising five solar plants, each with an installed capacity of 30 MW. For […]

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First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […]

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Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore

Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […]

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MNRE, GIZ Signs Agreement to Improve Framework Conditions for Grid Integration of Renewable Energies

Wolfgang Hannig, Country Director, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India and A.N. Sharan, Joint Secretary, MNRE signed the agreement The Ministry of New and Renewable Energy (MNRE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India signed an agreement on technical cooperation under the “Indo-German Energy Programme – Green Energy Corridors (IGEN-GEC)” on […]

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