Thursday, September 21

Author: Editorial Team

The Smart Energy Magazine editorial team is a group of business journalists and sector specialists from across India.
Bifacial Perovskite Solar Cells Point to Higher Efficiency
International Updates

Bifacial Perovskite Solar Cells Point to Higher Efficiency

A bifacial perovskite solar cell, which allows sunlight to reach both sides of the device, holds the potential to produce higher energy yields at lower overall costs, according to scientists at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). The dual nature of a bifacial solar cell enables the capture of direct sunlight on the front and the capture of reflected sunlight on the back, allowing this type of device to outperform its monofacial counterparts. “This perovskite cell can operate very effectively from either side,” said Kai Zhu, a senior scientist in the Chemistry and Nanoscience Center at NREL and lead author of a new paper published in the journal Joule: “Highly efficient bifacial single-junction perovskite solar cells.” His co-authors from NREL...
Waaree Renewable Technologies commissions 122.5 MWp Solar Power Projects
RE Industry Updates, RE Updates

Waaree Renewable Technologies commissions 122.5 MWp Solar Power Projects

Waaree Renewable Technologies Ltd. (WRTL), a subsidiary of Waaree Energies Ltd., India's largest solar panel manufacturer, announced that it has commissioned 87.5MW/122.5 MWp out of 150 MW/210 MWp EPC solar power project for UPC Renewable Energy Pvt Ltd.'s subsidiary M/s. Masaya Solar Energy Pvt. Ltd. in the Khandwa district of Madhya Pradesh. The solar power project is spread across 651 acres of undulated land terrain, with power being evacuated at a 220 kV voltage level and connected at PGCIL 400 kV/220 kV SS through the ISTS (inter-state transmission system) network. A total of 5,08,072 SPV modules, ranging from 335 Wp Polycrystalline to 540 Wp Monocrystalline, with an inverter capacity of 3.125 MW were installed. The PPA (solar power purchase agreement) for the project has been mad...
Pixon and Ecofy Forge Strategic Partnership to Deliver Financial Solutions Empowering Dealers and Distributors
Must Read, RE Industry Updates

Pixon and Ecofy Forge Strategic Partnership to Deliver Financial Solutions Empowering Dealers and Distributors

PIXON, one of the leading premium solar module manufacturer announced their collaboration with Ecofy, a one of its kind green-only NBFC that is committed to resolving the climate finance gap in the Indian retail sector. The collaboration aims to address the financial product-based needs of dealers and distributors associated with PIXON, with an all-in-one platform to provide a financial solution. With this strategic alliance, PIXON is taking a significant step forward in its commitment to supporting its dealers and distributors by offering them streamlined access to financial assistance. With this partnership, PIXON aims to simplify the financial landscape for its stakeholders, enabling them to overcome financial barriers and thrive in their business endeavors. Ecofy has established...
Amp Energy India is now Ampin Energy Transition, Unveils New Logo
Industry Updates, RE Industry Updates

Amp Energy India is now Ampin Energy Transition, Unveils New Logo

Amp Energy India, a leading energy transition platform and India’s first truly balanced Renewable Energy IPP with a total portfolio of 3GW+ spread across 17 states in the country, announced its rebranding as Ampin Energy Transition Private Limited. The new identity reflects the company’s commitment to accelerating the transition to renewable energy sources and its vision for a sustainable future. Ampin Energy Transition is poised to redefine the renewable energy landscape in India with its innovative and sustainable solutions. As part of the rebranding, Ampin Energy Transition also unveiled a new logo that embodies its renewed focus and dedication to clean energy transition. The logo concept is around delivering Amperes of electricity in India using infinite renewable/green energy powe...
Serentica Partners with Greenko Group to Procure 1500 MW of Green Energy Daily
RE Industry Updates, RE Updates

Serentica Partners with Greenko Group to Procure 1500 MW of Green Energy Daily

Serentica Renewables (Serentica) said it has signed an agreement with Greenko Group for taking daily supply of 1,500 megawatt (MW) from energy storage facilities. The power will be sourced from Greenko Group's upcoming energy storage projects in Andhra Pradesh and Madhya Pradesh and supplied to industrial customers, Serentica said in a statement. "Serentica has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko's unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity," it said. The agreement is for a period of 25 years. Pratik Agarwal, Director, Serentica Renewables, said, long duration energy storage is critical to ...
Futr Energy Receives Best Solar Asset Management Software Award
RE Industry Updates, RE Updates

Futr Energy Receives Best Solar Asset Management Software Award

New Delhi witnessed the crowning of a true leader in the renewable energy sector as Futr Energy, a trailblazer in solar auditing, data analytics, and asset management solutions, was honored with the Best Solar Asset Management Software of the Year Award at the renowned ReAssets event. The prestigious recognition reflects the company's unwavering commitment to excellence and innovation in the renewable energy domain. ReAssets, a prominent event celebrating achievements and advancements in renewable energy, provided the perfect platform for Futr Energy to shine. The company's cutting-edge AI technology and impeccable track record in managing solar assets captured the attention of the judging panel and set them apart in the Best Solar Asset Management Software category. Futr Energy's s...
Enerzy Solar Revolutionizes Rooftop Solar with Swift Insurance and Maintenance Solutions
RE Industry Updates, RE Updates

Enerzy Solar Revolutionizes Rooftop Solar with Swift Insurance and Maintenance Solutions

Pune-based Enerzy Solar has taken a giant leap in advancing the rooftop solar industry by introducing speedy insurance coverage for solar systems. In just under 5 minutes, digital-savvy users can avail themselves of the company's groundbreaking rooftop solar insurance. Until now, this much-neglected aspect of solar technology had limited insurance options due to low premiums, making it unappealing for insurance agents to promote. The newly launched Enerzy Solar Insurance Care Package comprises two essential components: solar insurance and remote maintenance consultancy. Serving as the country's first discovery platform for rooftop solar installation companies, the solar insurance section facilitates collateral-free solar financing and insurance purchases. On the other hand, the remote ...
Enphase Energy Partners with Credit Fair to Offer Flexible Solar Financing for Indian Customers
Industry Updates, RE Industry Updates

Enphase Energy Partners with Credit Fair to Offer Flexible Solar Financing for Indian Customers

Enphase Energy, Inc., a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it will be collaborating with Credit Fair, an India-based financial technology start-up. This collaboration will give Indian homeowners flexible solar financing option, access to best-in-class loan and financing terms, enabling them to finance a complete Enphase microinverter-based rooftop solar system via Easy Monthly Instalment (EMI) payments. Through Enphase’s network of installers nationally, Indian customers can gain access to more affordable monthly payments for solar. The latest collaboration will support the large network of installers of Enphase products in India, offering financing options to their customers. Solar po...
Vareyn Solar Participates in the 6th Rajasthan MSME Summit
Industry Updates, RE Industry Updates

Vareyn Solar Participates in the 6th Rajasthan MSME Summit

Vareyn Solar, India’s leading turn-key solar EPC company, recently sponsored and participated in the 6th Rajasthan MSME Summit. The event was organised by FICCI at the Hotel Ramada in Jaipur on June 27, 2023. The Hon’ble Minister for Industries and Commerce, Smt. Shakuntla Rawat, graced the event as the Chief Guest.The confluence hosted industry experts and leaders from both the public and private sectors to discuss unlocking the growth potential for MSMEs in Rajasthan. MSMEs are the backbone of our country’s economy and contribute heavily to the GDP. This summit addressed that and focused on panel discussions and conferences surrounding future-ready MSMEs, reimagining the role of regionalassociations for MSMEs, and availing and creating business opportunities for MSMEs. "It ...
Suzlon Secures an Order of 47.6 MW from the KP Group in Gujarat
RE Industry Updates, RE Updates

Suzlon Secures an Order of 47.6 MW from the KP Group in Gujarat

Suzlon Group, India’s largest renewable energy solutions provider, today announced a new order win for the development of a 47.6 MW wind power project for The KP Group. The project is located at Vagra in Bharuch district in Gujaratand is expected to be commissioned in 2024.  Suzlon will supply their S133 wind turbines (equipment supply) and supervise execution and commissioning of the project.Suzlon will also provide comprehensive operations and maintenance services post-commissioning. JP Chalasani, Chief Executive Office, Suzlon Group said, “We are delighted to announce a repeat order from The KP Group. The KP Group has been a long-standing player in renewable energy and has consistently worked towards increasing renewable energy adoption in the country. Suzlon takes pride in ...