Saturday, December 21

RE Industry Updates

PIXON and Munich RE: A Powerful Partnership
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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
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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
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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...
Fourth Partner Energy Commissiones 70 MW Wind-Solar Hybrid Project in Gujarat
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Fourth Partner Energy Commissiones 70 MW Wind-Solar Hybrid Project in Gujarat

Fourth Partner Energy has forayed into hybrid renewable energy solutions by commissioning a 70 MW wind-solar project in the Gondal city of Gujarat. The developer said the 70 MW hybrid project will supply clean energy at 25-35% cheaper rates than grid tariffs to corporate clients in New Delhi and Hyderabad. Off-takers include Filatex, Linde, Nexus Malls (a Blackstone Group company), and Deccan Chemicals. Fourth Partner Energy stated it executed the project within 10 months. It expects the plant to generate nearly 163 million units of clean energy annually. The project comprises 14 wind turbines supplied and erected by GE. Karan Chadha, head of business development at Fourth Partner Energy, said the 70 MW plant is the first of many hybrid projects in the pipeline for Fourth Partner...
Suzlon Wins 100.8 MW Order from Everrenew Energy Pvt. Ltd.
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Suzlon Wins 100.8 MW Order from Everrenew Energy Pvt. Ltd.

Suzlon Group, India's largest renewable energy solutions provider, today announced a new order win for the development of a 100.8 MW wind power project for Everrenew Energy Private Limited. Suzlon will install 48 wind turbine generators (WTGs) of their S120 - 2.1 MW with a Hybrid Lattice Tubular tower at Velliyanani Phase II in Karur district and Vengaimandalam in Trichy in Tamil Nadu and the project is expected to be commissioned in March 2024.Suzlon will supply the wind turbines (equipment supply) and supervise the execution and commissioning of the project. JP Chalasani, Chief Executive Office, Suzlon Group said, "We are delighted to announce our first order with Everrenew Energy Private Limited. Suzlon takes pride in valued customers like Everrenew Energy, one of India's fast-g...
MAHAPREIT’s Ambitious Plan: 1 GW Solar Push for Rural Irrigation and SME Rooftops
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MAHAPREIT’s Ambitious Plan: 1 GW Solar Push for Rural Irrigation and SME Rooftops

The Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT), a subsidiary of the state government’s Mahatma Phule Backward Class Development Corporation (MPBCDC), has planned to install 500 megawatt (MW) of decentralised solar projects in the rural parts of the state to power agricultural irrigation over the next two years and another 500 MW rooftop solar units to supply power to micro, small and medium enterprises. The combined capacity will give a significant boost to the government’s goal to reach 22 gigawatt (GW) of renewable energy. Currently, the state generates around 15GW of renewable energy annually. A meeting to discuss implementation of tenders for the first phase of this project between MAHAPREIT and the Global Energy Alliance for People and Planet (...
MASMA Shines with Solar Expo 2023; Mahavitaran Showcases Exciting Solar Schemes
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MASMA Shines with Solar Expo 2023; Mahavitaran Showcases Exciting Solar Schemes

The Maharashtra Solar Manufacturers Association (MASMA) organized a remarkable solar expo at Mahalakshmi Lawns in Pune on July 8 and 9, 2023. Visitors were delighted to explore a dedicated stall by Mahavitaran, featuring information on their top-notch schemes like Chief Minister Solar Agriculture Channel-2.0, rooftop solar power projects, and electric vehicle charging stations. Distinguished guests including Dinesh Jagdale, Joint Secretary of Central Non-Renewable Energy Department, Ankush Nale, Pune Regional Director of Mahavitaran, Rajendra Pawar, Chief Engineer, Pankaj Tagalpallewar, Additional Director General of Energy, President of ‘Masma’ Rohan Upasani visited the exhibition. On this occasion, Joint Secretary Jagdale appreciated the ongoing effective implementation of solar ener...
Goldi Solar Forays into the Inverter Business, Introduces VAMA On-Grid Smart String Inverters for Residential, and C&I Consumers
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Goldi Solar Forays into the Inverter Business, Introduces VAMA On-Grid Smart String Inverters for Residential, and C&I Consumers

( In the photograph, L to R, Capt Ishver Dholakiya, Founder & Managing Director, Goldi Solar, Ms Vama Dholakiya, Mr Bharat Bhut, Co-Founder & Director and Mr Hardip Singh, President & Global Head, Sa) Goldi Solar, India's leading solar brand known for its unwavering commitment to quality, is proud to announce the highly anticipated launch of its VAMAOn-grid range of smart stringinverters. The inverterrange is available in single-phase and three-phase variants designed specifically for on-grid applications. VAMA inverters cater to the diverse needs of residential and C&I consumers. Capt. Ishver Dholakiya, Founder & Managing Director of Goldi Solar & VAMA Inverters, expressed his enthusiasm, stating, "We are thrilled to foray into the on-grid solar inverte...
Waaree Renewable Technologies commissions 122.5 MWp Solar Power Projects
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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
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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...