RE Industry Updates - SmartEnergy

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...

PIXON and Munich RE: A Powerful Partnership

10Aug

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PIXON and Munich RE: A Powerful Partnership

In a significant development, PIXON, a leading solar module manufacturer, has proudly announced Munich RE, one of the world's leading reinsurers, as their official warranty partner for solar modules. This partnership marks a significant step forward for both companies, combining PIXON's state-of-the-art solar module manufacturing technology with Munich RE's renowned risk management and insurance expertise. The collaboration aims to provide customers with enhanced reliability and peace of mind, bolstering the solar industry's commitment to sustainability and longevity. PIXON has emerged as a trusted name in the solar sector, renowned for its high-performance and durable solar modules. Recently, PIXON has expanded its manufacturing line to a staggering 1 GW capacity, incorporating its St...

Trina Solar Again Ranked in Top AAA Category in PVTech Bankability

29Jul

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Trina Solar Again Ranked in Top AAA Category in PVTech Bankability

Trina Solar has been ranked in the top AAA category for the fifth consecutive quarter in PV Tech’s PV ModuleTech Bankability Ratings for Q2’2023, underlining the company’s leadership status in high reliability, advanced technology, shipments and sound financial performance. Trina has now been recognized as an ‘Overall High Achiever’ by RETC for three consecutive years and ranked ‘Top Performer’ for nine years in a row by PVEL. The company’s Vertex modules have also recently been certified by TÜV Rheinland for their performance in harsh marine environments, while its 700W series modules passing the RETC thresher test. Trina Solar invests heavily in technological innovation. Combining 210mm technology and n-type i-TOPCon Advanced technology, mass-produced modules power output is forec...

PIXON collaborates with YES BANK to accelerate adoption of solar solutions and green energy products in India

26Jul

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PIXON collaborates with YES BANK to accelerate adoption of solar solutions and green energy products in India

PIXON, a leading solar module manufacturerannounced that it has partnered with YES BANK,tobring forthinnovative financialsolutions forMicro Small and Medium Enterprises (MSME) who wish to install solar panels at their premises. The partnership will contribute towards enabling the adoption of sustainable energy practices by MSMEs, while also helping them curtail their expenses towards power and fuel. It will alsoaid in the seamless distribution of PIXON's best-in-class quality products such as highly efficient solar panels and other technologically advanced products in the solar ecosystem. The collaboration is part of YES BANK’s YES KIRAN programme, an attractive lending proposition which aims to revolutionise the global initiative of adopting renewable sources of energy as a primary...