Friday, July 26

Tag: solar energy

Panasonic Partners with State Bank of India to Provide Financing to Its Solar Customers
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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...
Radiance Renewables and InfraCo Asia JV to Propel India’s Renewable Energy Transition
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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...
New Distribution Agreement Expands Sungrow’s Reach in South India
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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 ...
Hero Future Energies’ Green Hydrogen Ambitions and Global Expansion Initiatives
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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...
At PIXON, We’re Dedicated to Staying Ahead With the Latest Advancements in Solar Technology – Juhi Marwadi, Director, Pixon Energy Limited
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At PIXON, We’re Dedicated to Staying Ahead With the Latest Advancements in Solar Technology – Juhi Marwadi, Director, Pixon Energy Limited

In a world where the clarion call for sustainable energy solutions grows ever louder, it is the visionary leaders and pioneering companies that stand at the forefront of change. We at Smart Energy Magazine had the distinct privilege of engaging in a conversation with Mrs. Juhi Marwadi, the esteemed Director of Pixon Energy, a company that has carved an indelible mark in the renewable energy landscape. Join us as we embark on this insightful interaction and uncover the inspiring story of a company that is driving the renewable energy revolution and shaping a brighter future for all. Q. Juhi ji, let’s start it with the growing concern about global climate change, how has PIXON Energy positioned itself to contribute significantly to the solar revolution? At PIXON Energy, we are proud t...
Serentica Partners with Greenko Group to Procure 1500 MW of Green Energy Daily
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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 ...
Enerzy Solar Revolutionizes Rooftop Solar with Swift Insurance and Maintenance Solutions
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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
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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
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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 ...
Maxeon Solar Showcases It’s Solar Energy Innovations at Intersolar Europe 2023
International Updates

Maxeon Solar Showcases It’s Solar Energy Innovations at Intersolar Europe 2023

Maxeon Solar Technologies,a global leader in solar innovation and channels, is attending Intersolar Europe 2023, where it is showcasing its latest solar panel technologies and new energy solutions at Booth A2.430. The company has also announced it’s new partnership with electric vehicle charging software company, ev.energy, in which the two organizations will collaborate to help consumers unlock more benefits from their SunPower Drive, Maxeon's electric vehicles (EV) mobility solution. Ralf Elias, Maxeon's Chief Product Officer, said: "This new cooperation with ev.energy is an exciting extension of the SunPower One ecosystem, expanding our proposition for consumers and enabling them to take the clean energy produced by their Maxeon panels on the road in their electr...