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BHEL Bags TERI's Battery Energy Storage Tender for Rs 2.51 Crore
service warranty and also upkeep. There are really minimal tenders of BESS in India until now as well as the actions to this tender have actually additionally
Feb 20, 2020 // Storage, storage, India, tender, Asia, bhel, TERI, Ajay Mathur, Alekhya Datta
Behind Azure's Investor Update. Difficulties To Continue in 2021
financiers on the difficulties it encounters vis a vis its 4 GW tender win in India. The company won the tender early in 2019. The company states it "continues to
Dec 28, 2020 // Markets & Finance News, India, SECI, Asia, Adani Green Energy, Azure Power
Solar Module Costs Hit 2 Year highs, Gap Between Multi, Mono-Perc Widens
designers to go sluggish, or defer projects till the scenario normalises.
For India, the impact will be felt with a lag, thanks to the gap in between orders put
Oct 12, 2021 // Markets & Finance News, China, Asia, prices, solar module
Borosil Renewables to acquire Europe's biggest solar glass manufacturer Interfloat Group
India's Borosil Renewables has announced the signing of a binding deal for 100% equity in Interfloat Group, Europe's biggest solar glass producer. With this purchase, Borosil's solar glass outcome will grow 66% to 750 tonnes each day (TPD).
The Indian manufacturer currently has a solar glass manufacturing capacity of 450 TPD in India, with exports consisting of about 16.1% of general sales. It anticipates eye-catching future growth in exports to Europe as well as the U.S.A. on the back of an expected surge in the production of solar modules in these markets.
The procurement of Interfloat will make a wider series of solar glass readily available to Borosil Renewables' expanded client base in Europe. Besides, "Borosil's experience in achieving high efficiency in the manufacturing procedure to improve throughput and also lower expenses will certainly bring economies of range to Interfloat's expansion as well as production plans while minimizing the carbon footprint of its European operations," reviewed a Borosil statement.
Interfloat Group contains GMB Glasmanufaktur Brandenburg GmbH (GMB), which has a manufacturing plant with a present capacity of 300 TPD near Berlin, and Liechtenstein-based Interfloat Corporation, popular as a distributor to the European glass market. Interfloat has actually been servicing consumers in Europe for near 40 years and has deep-rooted partnerships with the glass trade in the area.
Pradeep Kheruka, executive chairman of Borosil Renewables, stated, "This procurement of [Interfloat Group] moves us closer to our vision of being one of the most customer-centric business in the world. We believe that by leveraging the existing synergies and also several corresponding ability supplied by the two companies, we will certainly be able to serve our customers better."
Christian Kern, Interfloat chairman and previous Austrian chancellor, said, "Borosil Renewables, a globally innovation leader with a focus on green production of solar panels, is a significant gain for Interfloat as well as the manufacturing in Brandenburg. In such difficult times, when the European sector deals with skyrocketing gas prices, a strong global companion will ensure the European production of clean power."
Kern will certainly continue to be on the board of Interfloat.
Capacity plans
Borosil is presently expanding its PV glass production capacity in India to 1,000 TPD by September this year. It prepares to more expand the capacity to 1,550 TPD by the end of 2023-24, and 2,100 TPD by the end of 2024-25.
The producer will likewise purchase increasing the capacity at GMB's Europe plant to 500 TPD by 2023 from the present 300 TPD.
Therefore, with concerning 2,600 TPD production capacity, Borosil Renewables will be able to supply solar glass for greater than 15 gigawatts of solar modules from 2025 while de-risking manufacturing from a single place.
" With the capacity growths planned in India and also Europe in the near future, we anticipate to enhance the reliability of our supply chains for our consumers," said Kheruka. "On this journey, our constant initiatives will stay concentrated as always on minimizing the general carbon impact of our operations."
Apr 26, 2022 // Manufacturing News, India, Asia, Borosil Renewables, Pradeep Kheruka
Germany, Egypt Join Hands for Renewable Hydrogen
in a share of 20 per cent building electrolyzers in the worldwide market.
India's Ties with Germany, Egypt
India is not far behind when it concerns
Nov 7, 2022 // Solar to Fuel, Germany, Europe, Asia, Africa, Egypt, green hydrogen, Climate Change, LNG, National Hydrogen Policy, Suexz Canal Economic Zone
Ayana Renewable Acquires Solar Assets Worth 40 MW in Karnataka
has actually obtained the two projects, situated in Karnataka, India, as part of its critical objective to deliver high-grade jobs naturally as
Aug 4, 2020 // Plants, Large-Scale, Commercial, India, First Solar, Asia, solar projects, Ayana Renewable, Shivanand Nimbargi, Sujoy Ghosh
$3.4 Trillion to be Spent Internationally in Renewable Energy by 2030
North America, Latin America, Europe, the Middle East, China, as well as India-- are prominent reasons solar photovoltaic or pv (PV) and also wind capability
Sep 1, 2020 // Market Research, India, China, Latin america, Europe, Asia, North America
RMC Green Secures Approval for 50 MW Solar Project
plans to expand into the renewable energy sector. This initiative aligns with India's broader goal of reaching 450 GW of renewable energy capacity by 2030.Ankit
Aug 21, 2024 // Plants, Large-Scale, Commercial, PV Power Plant, RMC Green Energy
Gensol Lands ₹7.8 Billion Solar Project in Maharashtra
7.8 billion (USD 92.7 million) to build a 150-MW solar park in Maharashtra, India, for a public sector utility. The turnkey project will be executed over 15
Nov 4, 2024 // Plants, Large-Scale, Commercial, maharashtra, Solar Project, Gensol Engineering
Coronavirus hold-ups 135MW solar duo by Philippines utility
and also downstream installers in a range of nations such as South Korea, India as well as Taiwan.
Undoubtedly, in a comparable situation recently,
Feb 25, 2020 // Plants, Large-Scale, Commercial, Asia, Philippines, Meralco, MGen, Rogelio Singson, Coronavirus
Floating Solar and also Fishery Chalks One More Success in China with 120 MW plant
its GSL2500C-MV as well as GSL1250 main inverters for the 2nd stage.
For India, which has actually made really tentative actions with floating solar, the
Apr 22, 2020 // Plants, Large-Scale, Commercial, Floating PV, China, floating PV, Asia, Huawei, nuclear power, International, CGN, hangzhou fengling, Huawei inverters, shenzhen k star science
JA Solar indicators arrangement with Indian PV items representative Redington
(PV) maker JA Solar has actually entered into a distribution partnership with India's PV products supplier Redington.
As per the regards to the agreement, both
Dec 28, 2020 // Manufacturing News, Markets & Finance News, China, JA Solar, Asia, Redington
Rakesh Sharm becomes Suzlon Energy Director
appointed Rakesh Sharm as its Director after he was nominated by State bank India. Suzlon's board of directors approved the appointment and want Rakesh to
Dec 21, 2019 // Policy, India, Asia, Suzlon, Sharm Rakesh
Mahindra Renewables plans $171 mn investment for solar project in Rajasthan
under an electronic reverse auction held by the Solar Energy Corporation of India (SECI). The auction was part of SECI’s 2 gigawatt (GW) Interstate
Jan 9, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Rajasthan, Mahindra Renewables
ACME to establish 3.5 GW green hydrogen facility in Oman in US$ 3.5 bn offer
our very first green hydrogen as well as green ammonia plant at Bikaner in India," said Manoj Upadhyay, founder and also chairman of ACME. "The plant in Oman
Aug 24, 2021 // Solar to Fuel, Asia, Oman, green hydrogen, acme, green ammonia