Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for $32 Million

Reliance Industries Limited (RIL) announced on Monday that it has signed an agreement with California-based solar energy software developer SenseHawk to acquire a majority stake in the company. The deal is worth $32 million (roughly Rs. 260 crore), “including funding for future growth, commercial rollout of products, and R&D.” Reliance expects to complete the takeover by the end of this year. This deal is seemingly in line with the conglomerate’s aggressive push for renewable energy. SenseHawk has reportedly assisted 15 in adopting new technology for their over 600 sites and assets totalling over 100GW.

RIL issued a statement on Monday confirming its $32 million deal with SenseHawk for a 79.4 percent stake in the company.

Chairman and Managing Director of Reliance, Mukesh Ambani, spoke on the acquisition expressing RIL’s commitment to revolutionise the Green Energy sector. He envisions enabling over 100GW of solar energy by the end of 2030.

SenseHawk is a California-based software developer that specialises in making software-based management tools for the solar industry. Previously, SenseHawk has helped over 140 customers in 15 countries in adopting new technologies for their assets totalling over 100GW.

This acquisition is subject to regulatory and customary closing conditions, however, is expected to be completed before the end of 2022.


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NTPC Lowers Carbon Footprint; Plans Projects to Light Up 2 Lakh Households, Reduce CO2 Emissions

NTPC Limited, India’s largest integrated energy company achieved 69454 MW of group installed and commercial capacity with the commissioning of 56 MW Kawas Solar PV Project at NTPC Kawas, Gujarat on Monday. The Ministry of Power in a statement said that NTPC is steadily lowering its carbon footprint by reducing greenhouse gas emissions through the installation of renewable energy projects in its existing stations as well as putting up green field RE projects.

The company has planned 262 MW floating solar on over 1300 acres of its reservoir area by installing over 9,50,000 PV modules at its various stations out of which 242 MW has been commissioned.

“This includes the country’s largest floating solar of 100 MW at Ramagundam in Telangana, 92 MW at Kayamkulam in Kerala, and 25 MW each at Simhadri, Andhra Pradesh, and Kawas in Gujarat,” the Ministry of Power said.

The ministry further said that these projects would light more than 2,00,000 households and would be instrumental in reducing over half a million tonnes of CO2 emissions on an annual basis. Besides these, the projects would entail a saving of 5 trillion litres of water per annum, sufficient to meet the yearly water requirements of 15,000 households.

NTPC has become the world’s first energy major to declare its Energy Compact goals. Recently it has collaborated with NITI Aayog to achieve ‘net zero’ targets. The NTPC Group plans to achieve 60 GW of renewable energy by 2032.

Presently, NTPC has 2.3 GW of commissioned renewable capacity with 3.9 GW under implementation and execution. NTPC also has 4.9 GW of renewable energy capacity under tendering process which will further bolster the green energy portfolio of India’s largest power producer.


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Vivo X Fold S Could Arrive in September; iQoo Neo 7 Launch Timeline Tipped



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Solar Energy Can Now Be Generated at Night Using Earth’s Radiant Infrared Heat, Claims New Research

The world is quickly gravitating towards adopting solar energy on a wide scale in a bid to slow down the potentially devastating effects of climate change. But a major roadblock has been solar energy’s limited generation depending on sun’s brightness. However, in a major breakthrough, a group of Australian researchers appears to have found a way to address this challenge. In what they claim to be the first in the world, the researchers have demonstrated that solar power can be generated even at night.

As we all know, solar panels absorb energy directly from sunlight and convert it into electricity. In absence of the availability of sun, for instance at night, it is impossible to generate solar power. So, this research may appear as a contradiction in terms but is undoubtedly a major step in “night-time solar” technology.

The team from the University of New South Wales (UNSW Sydney) made use of the heat generated by Earth through the night. The energy coming from the Sun warms the Earth throughout the day. At night, our planet radiates the same amount of energy back into space. This radiated energy comes off the planet’s surface, so there is a thermal emission that can be tapped. The researchers have added that this radiant energy can be tapped into a cell device and converted into electricity.

In a study published in ACS Photonics, the team detailed on how they put this theory into practice. The researchers have used a thermoradiative diode (found in existing technologies like night-vision goggles) to capture photons leaving Earth along the infrared spectrum and convert them into electricity. They were able to generate power, although the amount was very small — around 100,000 times less than what is supplied by a solar panel. But they hope the results can be improved in future.

“We have made an unambiguous demonstration of electrical power from a thermoradiative diode,” said Associate Professor Ned Ekins-Daukes, team lead of this research.


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