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Indian empire Reliance Industries Ltd (BOM:500325) on Monday unveiled definitive agreements to get a 79.4% stake in US solar power software developer SenseHawk Inc in a bargain worth USD 32 million (EUR 32.1 m).

Indian state-owned power generator Satluj Jal Vidyut Nigam (SJVN) has consented to set up a joint venture (JV) with Grid Corporation of Odisha to develop 3 GW of solar as well as hydropower projects in the Eastern Indian state of Odisha.

The green energy arm of Indian state-owned power generator Satluj Jal Vidyut Nigam (SJVN) has been selected to construct a 200-MW solar park in behalf of regional power distribution utility Maharashtra State Electricity Distribution Company Ltd (MSEDCL).

Indian power firm JSW Energy Ltd (BOM:533148) stated on Thursday that its wholly-owned subsidiary has gotten Letter of Awards (LoAs) from Solar Energy Corporation of India Limited for two 250-MW/500-MWh standalone battery energy storage systems (BESS).

Indian solar plant building contractor Rays Power Infra Pvt Ltd has put on stream a 275-MW DC solar park in Bangladesh, touted as the largest grid-connected complex of its kind in the South Asian nation.

India's Sterling and also Wilson Renewable Energy Ltd (BOM:542760) has actually made an effective bid for a INR-21-billion (USD 254m/EUR 236m) job on a gigawatt-scale solar photovoltaic (PV) project in the state of Gujarat.

Indian solar module maker Navitas Green Solutions Pvt Ltd, likewise called Navitas Solar, has increased USD 5 million (EUR 4.5 m) to support its plan to expand its production capacity to 1.7 GW, it said on Friday.

US energy innovation firm and microinverter supplier Enphase Energy Inc. has agreed to obtain the Solar Design Services service of DIN Engineering Services LLP.

Spanish STi Norland S.L., supplier of PV trackers as well as fixed-tilt structures, has opened up a long-term workplace in Melbourne, Victoria, with the purpose of developing and also establishing its visibility in the Australian as well as Asia-Pacific solar tracker markets.

Indian solar panel producer Gautam Solar is introducing its G2X series of panels to the U.S. market. The mono- and also bifacial modules utilize M10 cells and also are ranked at 450- to 545-W.

India-based industrial equipment manufacturing company Zetwerk Manufacturing has taken control of Unimacts, a US-based distributor of solar tracker and also wind turbine components, at a valuation of USD 39 million (EUR 37.2 m).

The expiry of the Safeguard Duty was recognized, and yet, there is zero clearness on its extension or any other ways to maintain status once it ends tomorrow. For the federal government, a zero duty period appropriate upto April 2022, when the new duty framework kicks in, seems like an unlikely choice. Expect an impromptu solution soon for residential manufacturers.

Solar, despite excellent development for in the direction of coming to be the cheapest, greenest and also cleanest source of power, still has one weak spot. The large systems of land that are needed for each MW of solar created on the ground.

India's largest utility NTPC has tendered for 1GW of grid-connected solar capacity under the Develop Build Demonstrate Transfer (DBDT) programme.

Malaysia's Yinson Holdings Bhd (KLSE: YINSON) has actually consented to get a 37.5% risk in the proprietor of a 140-MW profile of solar parks in India.