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Originally published on Future Trends.

Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.

Cleantech Investments

First Solar Plans $684 Million Module Fab In India

US-based thin-film module manufacturer First Solar has announced plans to set up a facility in India. The company plans to invest $684 million to set up a production capacity in the state of Tamil Nadu with an annual production capacity of 3 gigawatts. The facility is likely to be operational by mid-2023 and will increase First Solar’s global production capacity to 16 gigawatts. First Solar hopes to take advantage of a recently announced incentive scheme for cell and module manufacturers by the Indian government.

IndiGrid Acquires 100 Megawatts Solar Projects From Fotowatio

Infrastructure Investment Trust IndiGrid acquired two solar power projects from Fotowatio Renewable Ventures. The projects have a total capacity of 100 megawatts and are located in a solar power park in Andhra Pradesh. This is the first solar power acquisition by IndiGrid, which holds the power transmission projects of Sterlite Transmission.

Rayzon Solar Plans To Expand Module Production Capacity To 1.2 Gigawatts

Indian solar module manufacturer Rayzon Solar has announced plans to expand its production capacity from 300 megawatts to 1,500 megawatts per year. The company will expand its Gujarat-based manufacturing unit and has placed orders with Chinese companies for the supply of manufacturing equipment.

Reliance Industries May Acquire REC Group

One of India’s leading industrial conglomerates, Reliance Industries, is reportedly looking to acquire Norwegian solar module manufacturer REC Group. The reports come weeks after Reliance Industries announced plans to set up solar cell and module manufacturing units in the state of Gujarat.

Enel Green Secures $50 Million Debt For 300 Megawatt Solar Project

Enel Green Power India has secured debt funding worth $50 million for its 300 megawatt solar power project in the state of Rajasthan. The funding has been provided by the Asian Infrastructure Investment Bank. The project was awarded to Enel as part of a 2 gigawatt solar power auction conducted by the Solar Energy Corporation of India.

Azure Power Lands $163 Million Debt Funding From Japanese Group

Nasdaq-listed Azure Power has secured debt funding worth $163 million from multiple lenders led by Japan’s Mitsubishi UFJ Financial Group. Five-year debt will be used for the construction of a 300-megawatt solar power project located in the state of Rajasthan.

Thailand’s PTT Group Acquires Stake In Avaada Energy

Global Power Synergy, a subsidiary of Thailand’s PTT Group, has acquired a 41.16% stake in solar IPP Avaada Energy for $453 million. Avaada Energy has a portfolio of 3.7 gigawatts, including 2.3 gigawatts of capacity under construction. PTT currently has a renewable energy portfolio of 2.1 gigawatts and plans to increase it to 8 gigawatts by 2030.

KKR-based Renewable Energy Infrastructure Investment Trust Files For IPO

Virescent Infrastructure is looking to raise Rs 4.25 billion through an infrastructure investment trust IPO. The company owns 394 megawatts of renewable energy assets spread across Maharashtra, Gujarat, Rajasthan, Uttar Pradesh, and Tamil Nadu. The company is owned by KKR and Co.

Acme Raises $344 Million Through Green Bonds

One of India’s leading solar power generation companies, Acme Solar Holdings, has successfully raised $344 million through a green bonds issue. The bonds have a tenure of five years and were priced at 4.7%. Proceeds from this green bond issue will be used by the company to complete 12 under-construction projects. The company has 2.2 gigawatts of operational assets and 2.4 gigawatts of capacity under construction.

Senvion’s India Business Sold To Alfanar

The Saudi Arabia-based manufacturer of power equipment Alfanar has completed the acquisition of Senvion’s India business. Alfanar completed the transaction through Global Renewable Energy Development Holding Company Limited, which acquired Senvion India in December 2020. Senvion Group was acquired by Suzlon Energy, once India’s largest wind energy solutions provider, in 2007. The group was known as REpower Systems at that time. Suzlon was forced to sell Senvion in 2016 to a private equity investor after the former entered a financial tailspin.

Electric Mobility

Ola Electric Receives 100,000+ Bookings In A Day For Upcoming Electric Scooter

Ola Electric, a subsidiary of cab-hailing service Ola, has received a tremendous response for its soon-to-be-launched electric scooter. Ola Electric reported that more than 100,000 potential buyers registered to buy the scooter. The company set a booking price of just Rs 500 ($6.70) for anyone looking to reserve a scooter. The company will manufacture the scooter at its Futurefactory. According to the company, the facility will be the largest electric scooter manufacturing facility in the world with 10 production lines spread across 2 square kilometers.

Renewable Energy & Batteries

NTPC Wins Approval For 4.7 Gigawatt Solar Park, India’s Largest

India’s largest power generation company, NTPC Limited, was given a go-ahead by the Ministry of New and Renewable Energy to set up the country’s largest solar power park. The park, first announced by the company in 2019, will have 4.7 gigawatts of solar power projects and will be located in the western state of Gujarat. NTPC currently has a generation fleet of 66 gigawatts, 92% of it based on thermal power technology. It plans to increase the share of renewable power in its fleet to 28.5% by 2032.

NTPC & ONGC Plan To Partner For Offshore Wind Energy Projects

Power generation company NTPC Limited and oil and gas exploration company ONGC Limited have announced a partnership to set up offshore wind energy projects. The latest announcement of partnership between the two public sector companies is unlikely to bear any fruit in terms of actual project development, at least in the near future. Offshore wind projects, while much more efficient compared to onshore projects, are very expensive. At present, the subsidized offshore projects will not be able to compete with record-low solar power tariffs.

Tata Power To Focus On Renewable Energy, Add 15 Gigawatts Of Capacity

The Chairman of Tata Power has announced that his company will add 15 gigawatts of renewable energy capacity over the next few years. The company currently has 1.8 gigawatts of solar and wind energy capacity operational and another 373 megawatts under development. Its subsidiaries offer EPC services and manufacture solar cells and modules. Currently, 69% of Tata Power’s generation capacity is based on coal. The company has announced plans to increase the share of clean and renewable energy technology to 80% by 2030. The company also plans to achieve carbon neutrality by 2050.

Siemens Gamesa Bags 322 Megawatt Order From ReNew Power

One of India’s leading renewable energy generators, ReNew Power, has placed an order for 322 megawatts of wind turbines with Siemens Gamesa. The turbines will be installed in the state of Karnataka. This latest order follows another similar order where ReNew ordered turbines worth 301 megawatts.

450 Megawatt Solar Projects Auctioned At ¢3.1/kWh

NTPC and Solar Arise were awarded rights to develop 325 megawatts and 125 megawatts of solar power projects. The projects will be developed in the state of Madhya Pradesh. Part of the power generated from these projects will be procured by Indian Railways.

 

 
 

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MINI x Deus Ex Machina Skeg electric concept lightens the mood

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MINI x Deus Ex Machina Skeg electric concept lightens the mood

MINI has partnered with lifestyle brand, Deus Ex Machina, to develop this. It’s called the Skeg, and it’s a high-performance, racing-inspired electric concept car that’s sure to lighten the mood – by shedding fully 15% of its mass in the quest for speed.

One of a pair of exclusive, one-off concepts based on MINI’s John Cooper Works cars. The Deus Ex Machina Skeg celebrates MINI’s storied racing history with what the company calls, “a clean, minimal, and quiet rebellion,” that draws on materials, technologies, and philosophies from the world of surfing.

The electric MINI JCW Skeg is stripped to its essentials, with much of the steel and aluminum bits replaced with lightweight fiberglass to maximize acceleration while driving the minimalist aesthetic home. The end result weighs 15% less than the standard car – but makes the same stout 190 kW (258 hp) as the production car.

Surf’s up


MINI Skeg concept interior; via BMW.

The interior is stripped back to the barest essentials, reflecting BMW’s vision of a surf culture that prioritizes function over form. MINI claims the end result resembles a mobile surf shop, with fiberglass trays for wetsuits, specially shaped bins, neoprene seats, and other touches that “bring the surf culture into the interior.”

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For their part, the BMW and MINI styling team seems pretty proud of its minimalistic electric endeavor. “In this extraordinary collaboration … every single detail has been crafted with artisanal precision and expertise,” says Holger Hampf, Head of MINI Design. “This has resulted in unique characters that are clearly perceived as belonging together through their distinctive design language and use of graphics.”

The concept retains the production version’s 54.2 kWh li-ion battery pack, up to 250 of WLTP range with the production aero kit, sprints from 0-100 km (62 mph) in just 5.9 seconds. With 15% less mass, though, that should jump to more than 255 miles, with 0-60 times dropping below 5.5 seconds.

I dig it – but I’d skip the surf bits and just appreciate the raw composite, minimalist interior look for what it is. Take a look at the image gallery, below, then let us know what you think of MINI’s Skeg concept in the comments.


SOURCE | IMAGES: BMW MINI.


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Volvo Penta teams up with e-power to equip Boels with next-gen Battery Energy Storage Systems (BESS)

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Volvo Penta teams up with e-power to equip Boels with next-gen Battery Energy Storage Systems (BESS)

Veteran marine and industrial power solutions company Volvo Penta has joined forces with energy solutions provider e-power to build battery energy storage systems (BESS). Volvo Penta’s battery systems for energy storage will power BESS units built by e-power that can be catered to a range of applications, most notably construction rental clients like Boels Rentals in Europe.

Volvo Penta is a provider of sustainable power solutions that currently serves land and sea applications under the Volvo Group umbrella. As more and more of the world goes all-electric, the global manufacturer has also adapted, sharing cultural values with Volvo Group to engineer new and innovative sustainable power solutions.

Nearly 100 years later, Volvo Penta remains an industry leader in marine propulsion systems and industrial engines. As more and more of the world goes all-electric, the Swedish manufacturer has also adapted, sharing cultural values with Volvo Group to engineer new and innovative sustainable power solutions.

For example, all Volvo Penta diesel engines now run on hydro-treated vegetable oil (HVO), reducing well-to-wheel emissions by up to 90% across the marine and industrial power industries. On the zero-emissions side, Volvo Penta has expressed its dedication to fossil-free power solutions, including battery electric components to serve heavy-duty applications such as terminal tractors, forklifts, drill rigs, and feed mixers, to name a few.

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To leverage its battery electric value chain, Volvo Penta has also ventured into battery systems for energy storage (or BESS subsystems). These energy-dense, purpose-built BESS subsystems can provide portable, sustainable energy for all-electric charging and reduce grid dependency.

Volvo battery
Source: Volvo Penta

Volvo Penta to deploy battery systems for energy storage

Volvo Penta recently announced a strategic partnership with e-power, a Belgian power solutions provider. Together, Volvo Penta and e-power will develop a scalable Battery Energy Storage System (BESS) for Boels Rental.

The collaboration continues a long-standing partnership between all three companies. Boels – one of the largest construction rental companies is a long-time customer of e-power generators that utilize Volvo Penta engines. As the company shifts toward electrification and sustainability, it will again turn to those companies to deliver reliable performance.

Volvo Penta’s BESS subsystem comprises battery packs, a Battery Management System (BMS), DC/DC converters, and thermal management, combining to offer a compact, high-density, and transport-friendly solution optimized for rental operations. The company shared that this BESS design is integration-ready, enabling other OEMs like e-power to adapt and scale systems to customer-specific needs. Per e-power business support director, Jens Fets:

We’ve built our reputation on reliability and efficient power systems. Working again with Volvo Penta, this time on battery energy storage, allows us to meet the growing demand for energy in a silent, low-emissions, compact and mobile design—especially in rental applications.

The deployment of these new battery energy storage systems will help Boels cater to its customers’ growing demand for clean, silent, and mobile energy solutions in construction and other industrial applications. 

Aside from being more quickly adaptable to customer needs, Volvo Penta says its BESS architecture marks an overall shift in rental power systems. This is welcome news for all who support a cleaner, more sustainable future across all industries.

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2026 Mercedes-Benz GLC EV exterior leaks ahead of schedule

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2026 Mercedes-Benz GLC EV exterior leaks ahead of schedule

That didn’t take long! Just a few hours after Mercedes revealed the screen-heavy interior of its upcoming 2026 GLC EV, photos of the new crossover’s exterior – and that controversial grille! – leaked on Instagram and Reddit. We’ve got them here.

Two days ahead of the GLC EV’s officially schedule global debut, images that reportedly show the new 2026 Mercedes undisguised have leaked on Instagram and Reddit. They show the blocky new light-up grille on the nose of a very smooth, jellybean-like crossover shape that, despite Mercedes’ insistence that it’s moving away from the EQ series’ design language, looks an awful lot like an EQ Mercedes.

Check out the leaked images from kindleauto’s Instagram account, below, and see if you agree with that assessment.

If you need to see more before you feel comfortable commenting on the new SUV’s looks, there’s a few more angles over on the r/mercedes_benz subreddit.

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Leaked exterior pictures of the upcoming GLC EV
byu/Quick_Coyote_7649 inmercedes_benz

As with everything else on the internet, take those unofficial images with a grain of salt and maybe wait until the GLC EV’s official reveal in a few days’ time before casting your final vote on the new look – but there’s very little reason to believe the new Mercedes will look terribly different from what you see here.

Will the new grille and tech-forward interior with its massive, 39″ screen and MB.OS software be enough to turn the tide for Mercedes-Benz, enabling it to finally gain some traction in the electric crossover market? That remains to be seen, but the recently updated Tesla Model Y and crisply-styled new BMW iX3 with its 500 miles of range will make it an uphill battle, for sure.

We got a sneak peek at the new GLC back in July, when Mercedes-Benz Group CEO, Ola Källenius said that, “We’re not just introducing a new model – we’re electrifying our top seller.” Back then, we learned that the new GLC EV would have a wheelbase 3.1″ longer than the current ICE-powered model, as well as more head- and leg-room for its occupants and an extra 4.5 cubic feet (for 61.4 total) of cargo space.

Källenius also promised an innovative new 800V electric architecture and the latest battery tech, which will enable the electric GLC to add around 260 km (~160 miles) of WLTP range in just ten minutes thanks to more than 300 kW of charging capability.

SOURCES | IMAGES: kindleauto; Quick_Coyote_7649.


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