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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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Canadian Solar To Deliver 960 MWh ESS In Australia

Canadian Solar has announced that e-STORAGE, a part of its subsidiary CSI Solar Co., Ltd. (CSI Solar), has signed a contract with Copenhagen Infrastructure Partners (CIP). This agreement, made through CIP’s fifth fund, Copenhagen Infrastructure V, is for the delivery of a 240 MW/960 MWh battery energy storage system in Summerfield, South Australia. e-STORAGE, a […]

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Researchers Find New Way To Boost Lithium-ion Battery Performance

Researchers at the Seoul National University of Science and Technology (South Korea) have now found a new innovative way to boost the performance of Lithium-ion batteries. Lithium-ion batteries are considered key to the success of Electric Vehicles globally. The new research is likely to boost the use of Lithium-ion batteries in EVs and improve their […]

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5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025

Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […]

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News In Brief Jan 24: ACME Solar, LONGi, Sungrow, Qcells 

Rajasthan: ACME Solar Operational RE Capacity Touches 2.54 GW ACME Solar Holdings through its subsidiaries ACME Deoghar Solar Power and ACME Phalodi Solar Energy, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively. The company commissioned these projects in Rajasthan.  The company said in a regulatory filing, “These two plants are now […]

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CleanMax Announces Financing For Onsite Solar Projects in UAE

Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […]

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H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing

H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […]

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Power & Instrumentation Gets Rs. 17.07 Cr For 5 MW Solar Project

Gujarat-based EPC company, Power & Instrumentation (Gujarat) Limited recently secured a work order of Rs. 17.07 Crores (Including taxes). It secured the order to supply, install, test, and commission plant and equipment at the site complete in all respects for the 5 MW (AC) Solar Power Project at Latur District, Maharashtra. Power and Instrumentation secured this […]

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Zetwerk Appoints Vadim Yakubov Unimacts CEO In US Market

ZETWERK, a marketplace for contract manufacturing recently appointed Vadim Yakubov as Chief Executive Officer (CEO) of Unimacts, its US subsidiary. This move strengthens ZETWERK’s commitment to the US market and positions Unimacts for significant growth around the world. The company counts US market leader and global tracker major Nextracker amongst its key clients. ZETWERK’s Expands […]

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