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solar market

META4 To Invest Rs 250 Crore In Electric Two-Wheeler Manufacturing In India

Looking to grab a piece of the EV pie in India, the United Arab Emirates (UAE) based META4 has announced that it will be investing Rs 250 crore in the state of Telangana to set up an electric two-wheeler manufacturing facility. META4 has also held that it has signed a pact with the Telangana Government […]

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Tata Power DDL Gears Up To Add 400 MW RE To Power

Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […]

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Canadian BIPV Firm Mitrex Launches PV Plus Noise Barriers For Highways

Mitrex, a Toronto-based manufacturer of integrated photovoltaics, has released its latest product—a photovoltaic noise barrier (PVNB). Offering a Noise Reduction Coefficient (NRC) rating of up to 0.7 through ASTM C423 testing, solar power production, and enhanced aesthetics for use on roads and highways. In collaboration with noise barrier industry players including Durisol and Silentium Group, Mitrex was […]

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Record US $14.5 b Investment In Indian RE In Last FY

A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […]

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Growatt Wins “Top Brand PV Storage” Award From EUPD Research

EUPD Research, the well known market research company, has awarded “Top Brand PV Storage” to Growatt in 6 different countries including Italy, Australia, the UK, Scandinavia, the Czech Republic, & Brazil, etc. The award recognises the brand for credibility, market penetration, brand recognition, and satisfaction, in all these six countries. Growatt is included in the […]

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Siemens invests in WiTricity to advance wireless EV charging

US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […]

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Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz

Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […]

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The Wind Picks Up For Offshore Energy In India, R.K Singh Leads Key Decisions On Tendering, Transmission

In one of the most decisive steps for India’s offshore wind energy ambitions, R.K Singh, Union Minister for Power and New & Renewable Energy held a meeting yesterday on transmission planning for offshore wind energy projects in India. Alok Kumar, Secretary, Power and Indu Shekhar Chaturvedi, Secretary, Ministry of New & Renewable Energy were also […]

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