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Government Targets 4,000 MW Rooftop Solar Capacity Addition In Residential Sector

Union Minister for Power and New and Renewable Energy RK Singh has informed the Parliament that MNRE is targeting 4,000 MW rooftop solar (RTS) capacity addition in residential sector through Central Financial Assistance (CFA) under the Rooftop Solar Programme (Phase-II). The Union Minister said in a written response to a question asked in the Rajya […]

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Vikram Solar Limited files DRHP with SEBI

Vikram Solar Limited (VSL), one of India’s largest solar module manufacturers, in terms of operational capacity, and also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services, and operations and maintenance (“O&M”) services as of December 31, 2021, has filed its DRHP with SEBI. With this, VSL follows another industry leader, […]

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LG Energy Solution to set up EV battery JV with Stellantis in Canada

South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […]

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In Conversation with Vineet Mittal, Director & Co-founder, Navitas Solar

Navitas Solar has been a well respected player in the solar sector with 200 MW of installed manufacturing capacity in the country. It produces state-of-the-art mono/multi crystalline solar photovoltaic (PV) modules for supply to both on-grid and off-grid residential, commercial as well as industrial establishments. The Surat-based company also provides a complete lifecycle of solar […]

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Three Solar Parks Planned for Odisha: RK Singh, MNRE Minister

Union Minister for New and Renewable Energy, R.K Singh has announced that the Central Government has approved three solar power parks for the state of Odisha under the Solar Park Scheme. The cumulative capacity of all the three parks will be 340MW. In a written reply to a question asked in the Rajya Sabha, the […]

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AGL to Build Australia’s Largest Energy Storage Facility

AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […]

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The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses

As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […]

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New single-axis solar tracker can follow sloped, uneven, challenging terrain

Nextracker™ has launched NX Horizon-XTR, a terrain-following, single-axis tracker designed to expand the addressable market of solar power on sites with sloped, uneven, and challenging terrain. The company began deployment and empirical testing of NX Horizon-XTR at utility scale three years ago, working closely with customers that faced capital expense and construction challenges on project […]

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SunSource Energy Commissions First Phase of Bijnor Solar Power Project

SunSource Energy has announced that the company has commissioned the first phase of the 45 MW solar energy project in Uttar Pradesh. SunSource is one of the leading companies in the distributed solar sector and the commissioned project is situated in the Shivala Kalan Village of Bijnor District. It’s an open access project. The company […]

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