Wednesday, January 22

Tag: Renewable Energy

Sungrow SG150CX: Next-Generation High-Power String Inverter for C&I Applications
Product Updates, RE Product Updates

Sungrow SG150CX: Next-Generation High-Power String Inverter for C&I Applications

Sungrow has introduced the SG150CX inverter, a next-generation solution designed to meet the needs of modern commercial and industrial (C&I) applications. Unveiled at the Renewable Energy India Expo 2024, this high-performance string inverter stands out for its optimization of performance, efficiency, and safety. High Efficiency for Large PV ModulesThe SG150CX is engineered with a high 48A maximum power point tracking (MPPT) input current, which allows for seamless integration of larger, high-power PV modules. This inverter also boasts an impressive 98.8% efficiency at 400V AC, ensuring maximum energy yield from PV systems, making it one of the most efficient solutions on the market for C&I projects. Enhanced Safety Features with AFCI 3.0Safety is a key consideration in the ...
Common Myths About Solar Energy: Debunking Misconceptions
RE Special Features, Special Features

Common Myths About Solar Energy: Debunking Misconceptions

Solar energy has gained significant traction as a sustainable and clean power source, yet several misconceptions persist. These myths can deter potential users from embracing solar technology. In this blog, we’ll debunk some of the most common myths surrounding solar energy to provide a clearer understanding of its benefits and potential. Myth 1: Solar Energy is Too ExpensiveReality: While the initial investment in solar panels can seem high, the cost of solar energy systems has dropped dramatically in recent years. Government incentives, rebates, and financing options make solar more accessible than ever. Moreover, the long-term savings on electricity bills often outweigh the initial costs, making solar a financially sound investment. Myth 2: Solar Panels Don’t Work in Cloudy Weath...
Grew Energy Aligns with India’s Ambitious Renewable Goals, Targets Global Solar Leadership -Vinay Thadani, CEO & Director, Grew Energy Pvt. Ltd.
Interviews, Must Read, RE Interviews

Grew Energy Aligns with India’s Ambitious Renewable Goals, Targets Global Solar Leadership -Vinay Thadani, CEO & Director, Grew Energy Pvt. Ltd.

Q. Grew is part of the diversified Chiripal Group, which has a strong foothold in textiles and petrochemicals. What motivated the group to venture into the renewable energy sector, and how does this align with Grew's long-term vision for contributing to India's renewable energy transition? The Chiripal Group’s venture into the renewable energy sector stems from its commitment to long-term sustainability and growth. As a diversified conglomerate with deep roots in textiles and petrochemicals, we recognize that the future lies in cleaner, more sustainable energy sources. Renewable energy enhances energy security by diversifying the energy supply and reducing reliance on fossil fuels. The shift to renewables represents a crucial step toward achieving global climate goals. For insta...
Exploring Renewable Energy Opportunities in Southern India
Special Features

Exploring Renewable Energy Opportunities in Southern India

Southern India has become a focal point for renewable energy growth, thanks to its abundant natural resources, forward-looking policies, and commitment to sustainability. This region, blessed with ample sunshine, strong winds, and a vast coastline, holds tremendous potential to harness renewable sources like solar, wind, and hydro power. Among these, solar power stands out as a game-changer, transforming how communities access and use energy. The Solar Power Boom Solar energy is at the heart of South India’s renewable revolution. With sunlight available nearly year-round, states like Tamil Nadu, Karnataka, and Andhra Pradesh are expanding their solar power capacities at an impressive rate. Tamil Nadu, one of the country's leaders in solar power, has undertaken numerous large-scale p...
Panasonic Partners with State Bank of India to Provide Financing to Its Solar Customers
Must Read, RE Industry Updates

Panasonic Partners with State Bank of India to Provide Financing to Its Solar Customers

Panasonic Life Solutions India Private Limited (PLSIND), a leading player in the distributed solar energy sector, is excited to announce a new partnership with the State Bank of India (SBI), one of India’s most renowned financial institutions. This strategic alliance aims to support the Indian government's ambitious goal of achieving 500GW of renewable energy capacity by 2030 by making solar energy solutions more accessible to individuals and businesses. The collaboration between Panasonic and SBI will provide attractive financing options to customers interested in solar energy and help in smoother adoption. This initiative is designed to break down financial barriers, making the transition to sustainable energy more feasible and appealing. The company is targeting specific regions with h...
Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia for Four Projects in Texas, Ohio and Illinois
Must Read, RE Industry Updates

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...
MAHAPREIT’s Ambitious Plan: 1 GW Solar Push for Rural Irrigation and SME Rooftops
Industry Updates, RE Industry Updates

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 (...
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 ...
Hydrom Signs $20 bn Deals for Green Hydrogen in Oman
International Updates

Hydrom Signs $20 bn Deals for Green Hydrogen in Oman

Omani hydrogen company Hydrom has signed agreements to develop green hydrogen projects requiring an investment of $20 billion, according to news from the Gulf nation's state news agency. Three memoranda of understanding were signed, with BP Oman, Amnah consortium and the Green Energy Oman alliance, the report said. Together, the projects are expected to generate 500,000 metric tons of green hydrogen a year from more than 12 gigawatts (GW) of renewable energy capacity. Oman's announcement comes as countries in the Middle East ramp up investments in renewables as they seek to transition from fossil-fuel-funded economies. Last month, Saudi Arabia's NEOM Green Hydrogen achieved financial closure on an $8.4 billion green hydrogen facility that will produce 600 metric tons per day of carbon-...
BrightNight to Develop 2GW Renewable Energy Capacity in India in Next 5 Years
RE Updates

BrightNight to Develop 2GW Renewable Energy Capacity in India in Next 5 Years

Renewable power producer BrightNight plans to develop 2 giga watt (GW) of renewable energy capacity in India in the next 4-5 years that will require a total investment of $1 billion. The company will deploy $250 million equity capital. “BrightNight is developing hybrid wind-solar projects with a calibrated use of energy storage that operates round the clock. The $250 million commitment will be deployed in three years,” BrightNight Power India CEO Sajay KV said. BrightNight Global has about 23 GW of pipeline across the world, of which 3 GW is in Asia Pacific — India, Bangladesh, Philippines and Australia. India got a large share of 2 GW for its scale and size, and work on 1.2 GW in three states has started, he said. The first project is coming up in Maharashtra at an investment of...