RE Industry Updates - SmartEnergy

Radiance Renewables and InfraCo Asia JV to Propel India’s Renewable Energy Transition

20Jun

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Radiance Renewables and InfraCo Asia JV to Propel India’s Renewable Energy Transition

Radiance Renewables, a leading renewable energy developer in India, and InfraCo Asia, a company under the Private Infrastructure Development Group (PIDG), have announced the formation of Radiance InfraCo Renewables Private Limited. This joint venture aims to develop greenfield renewable energy projects for Commercial and Industrial (C&I) clients, helping them meet sustainability goals and significantly reduce carbon emissions. With a strong focus on solar and potential wind-solar hybrid projects, Radiance InfraCo Renewables is set to avoid approximately 165,000 tons of CO2 equivalent emissions annually, contributing to UN Sustainable Development Goals including Affordable and Clean Energy, Climate Action, and Gender Equality. The venture promises to uphold international ESG standar...

Waaree Technologies signs MoU with Israeli Company 3DBattery to develop Advanced Energy Storage Solutions

6Dec

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Waaree Technologies signs MoU with Israeli Company 3DBattery to develop Advanced Energy Storage Solutions

Waaree Technologies Ltd. (WTL), an energy storage division of the leading renewable energy and technology player Waaree Group, announced that it has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology. The Parties will evaluate the collaboration further before entering into definitive agreement. 3DBattery provides advanced Lithium ion battery cells with state-of-the-art chemistry, delivering improved energy storage performance. The company offers a range of cell chemistries for a variety of applications, including Electric Vehicles, Micro Mobility, Stationary and Renewable Energy. Waaree Technologies Ltd. aims to become Ind...

6Dec

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Goldi Solar to Solarise homes of 41 rescued Uttarkashi workers, offers hope for a brighter future

With the nation celebrating safe returns of the 41 workers who were trapped in Uttarkashi for 17 days, Goldi Solar, India’s quality-conscious solar brand, has stepped forward to support the affected families and individuals. The Surat-based solar company has taken the initiative to power the residence of the workers with solar energy. Goldi Solar aims to provide a pathway towards an improved lifestyle by expressing its commitment to supporting these families. With this initiative, the company intends to ensure access to electricity, enabling better lifestyles for all the families. Capt. Ishver Dholakiya, Founder & Managing Director of Goldi Solar, said, "The safe return of all these individuals brings us immense joy. Our initiative to provide support is a step towards empowe...

Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia for Four Projects in Texas, Ohio and Illinois

28Nov

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Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia for Four Projects in Texas, Ohio and Illinois

Waaree Energies Limited, a leading global renewable energy company, has announced it has successfully supplied 850 MW solar PV modules for projects under development in the U.S. by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement in which Waaree – a major provider to the U.S. market - will supply another 1.5 GW of solar modules to Acciona for additional U.S. projects from 2024-2026. In supplying 850 MW solar PV modules, Waaree delivered its monocrystalline passivated emitter and rear cell panels for four major solar projects: 56 MW in Fort Bend (Texas); 129 MW in High Point (Illinois); 288 MW in Union (Ohio); and 375 MW in Red...

28Nov

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Loom Solar to Strengthen its Presence in Southern India

Aiming to fortify Southern India’s growing demand for green energy, leading solar tech start-up, Loom Solar under its initiative ‘Mission- Zero Emission’ today introduced widest array of technologically advanced solar solutions for residential, commercial, Industrial, agricultural and other use case applications at REI a expo, 2023 at BIEC, Bengaluru. Augmenting the current and future demand for solar solutions in south India, Loom Solar showcased its widest range, including, solar panels from basic capacity of 10W to India’s one of the highest capacity solar modules Shark 575 -700 W TOPCon bifacial 16 bus bar, energy storage solutions from 75 Wh to IoT based Atlanta 5kWh-45 kWh, high frequency solar inverter Fusion 3kW - 100kW and customisable small solar panels for gove...

17Oct

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Freyr Energy Secures INR 58 Crores Investment, leading the Charge in Accelerating the Transition to Solar Energy for Retail Customers in India

Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is at the forefront of sustainable change accelerating the transition to solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI Management Company which invested USD 3 million. Other investors who participated in the round are Schneider Electric Energy Asia Fund (SEEAA), Lotus Capital LLC, Maybright Ventures and VT Capital. Rodrigo Madrazo (CEO of EDFI Management company) expressed his enthusiasm for this transformative investment, stating, “The solar market for the retail sector in India is highly fragmented a...

INVT Solar Appoints MECPower and its Distribution Partner in India

16Oct

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INVT Solar Appoints MECPower and its Distribution Partner in India

At the Renewable Energy India Expo 2023 held in Greater Noida on October 4-6, INVT Solar entered into a cooperative agreement with MECpower Solutions Ltd., a renowned solar company in India, and consequently organized an awarding ceremony. Mr. Brijesh J Prajapati, as the INVTSolar Managing Director in India, represented INVT Solar to authorize MECpower, as a distributor. In India, MECpower is INVT Solar's highly esteemed distributor partner, with years of technical experience and an impeccable corporate reputation in the solar energy industry. MECpower's reputation as a leading solar company makes them a perfect partner to help bring INVT Solar's innovative products to even more customers across India. We're thrilled to be teaming up with MECpower and look forward to the new growth opp...

New Distribution Agreement Expands Sungrow’s Reach in South India

16Oct

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New Distribution Agreement Expands Sungrow’s Reach in South India

Sungrow, a leading name in the solar energy industry, is thrilled to announce a significant milestone with the signing of a new distribution agreement. Partnering with their trusted channel collaborator, M/s SunBridger Energy Private Limited, this agreement marks the expansion of Sungrow's presence in the states of Tamil Nadu and Kerala in Southern India. This strategic alliance empowers SunBridger Energy to bring Sungrow's top-tier PV Inverters to the vibrant energy market of the aforementioned regions. The partnership between Sungrow and SunBridger is built on a shared commitment to driving the energy transition and climate action on a substantial scale. Sungrow's unwavering dedication to excellence, coupled with their exceptional track record in delivering high-quality products and ...

Goldi Solar Introduces High-Efficiency Solar Panels with Topcon Technology

12Oct

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Goldi Solar Introduces High-Efficiency Solar Panels with Topcon Technology

(In the feature image from L TO R- Mr Bharat Bhut, Co-Founder and Director, Goldi Solar; Shri Bhuwan Chandra Joshi, Former Director (Security) of Parliament Security Service, Smt. Hema Bhuwan Joshi, Rashtriya Adhyaksh Mahila Morchi And Capt Ishver Dholakiya,Founder and Managing Director, Goldi Solar unveiling HELOC PLUS at REI EXPO) Goldi Solar, India's most quality-conscious solar brand, at the 16th edition of Asia’s largest Renewable Energy India (REI) Expo 2023, launched its latest G12 TOPCon technologically advanced solar panel under the HELOC® (High-Efficiency Low on Carbon) Plus series. The unveiling ceremony was graced by the presence of Shri Bhuwan Chandra Joshi, Former Director (Security) Of Parliament Security Service, and Smt. Hema Bhuwan Joshi, RashtriyaAdhyaksh Mahila Mor...

12Oct

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Hero Future Energies’ Green Hydrogen Ambitions and Global Expansion Initiatives

Hero Future Energies, a company boasting a portfolio of approximately 1.8 GW in wind and solar energy assets, is venturing into the realm of green hydrogen production. According to Srivatsan Iyer, the Global Chief Executive Officer of Hero Future Energies, the company has been diligently working on this initiative for the past two years and anticipates initiating a project in the coming months. Although specific details of their plans remain undisclosed, Mr. Iyer hinted that their inaugural project may align with an existing use case where hydrogen is already in demand. Mr. Iyer emphasized the viability of hydrogen production and consumption in certain regions of India. He indicated that Hero Future Energies is committed to mastering the technology before expanding further. The company...