India’s rooftop solar scheme could drive $13.9 billion opportunity
India’s PM Surya Ghar Muft Bijli Yojana initiative (PM-SGMBY) could create a INR 1.2 trillion ($13.9 billion) opportunity for PV module, inverter, and component manufacturers, benefiting project developers and engineering, procurement, and construction (EPC) contractors, according to SBICAPS.
India eyes self-reliance in battery cells with lithium recycling push
India could achieve self-reliance in battery cell manufacturing by domestically recycling lithium and reusing it in batteries, an Indian government official claimed this week at a battery manufacturing conference in in New Delhi.
Exide Industries invests $17.2 million in lithium battery plant in India
Kolkata-based Exide Industries has invested INR 1.49 billion ($17.2 million) in Exide Energy Solutions through a rights offering. The investment will support the construction of a greenfield lithium battery plant in Bengaluru, India, in addition to other funding needs.
Adani Green Energy hits 11.6 GW of operational renewables capacity
Adani Green Energy commissioned 3.13 GW of renewable energy capacity – 2.69 GW of solar and 438 MW of wind power – in the April-December 2024 period, taking its cumulative operational capacity to 11.6 GW.
Indian battery manufacturer opens 1.5 GWh lithium-ion plant for EVs, storage
Neuron Energy has opened a 1.5 GWh lithium-ion battery plant in Chakan, India, to produce batteries for electric vehicles, energy storage, and telecom solutions.
BrightNight switches on first phase of 115 MW hybrid wind-solar power project
BrightNight has commissioned the first phase of a 115 MW hybrid wind-solar project in India, combining wind and solar power to deliver round-the-clock renewable energy to utility and corporate clients.
Sodium-ion batteries key for India’s storage manufacturing ambitions
A new report says sodium-ion batteries (SIBs), made from abundant materials, could help India to reduce its dependence on imports to meet its energy storage needs.
Waaree Energies acquires Enel Green Power’s Indian unit
Waaree Energies has signed a definitive agreement to acquire 100% of Enel Green Power India (EGP India).
India adds record 24.5 GW of solar in 2024
India installed a record 24.5 GW of solar capacity in 2024, marking its highest annual additions to date.
Saatvik Green secures 1 GW solar module order
Saatvik Green Energy has signed a contract to supply 1 GW of n-type tunnel oxide passivated contact (TOPCon) solar panels.
