8OCTOBER 2024BPCL & MUMBAI PORT AUTHORITY TO ESTABLISH SUSTAINABLE ENERGY ECOSYSTEMSOLEX ENERGY ALLOCATES RS 8,000 CRORE IN SOLAR MANUFACTURING CAPACITYBPCL has entered into an agreement with the Mumbai Port Authority (MbPA) and Mumbai Port Sustainability Foundation (MPSF) to create a sustainable fuel ecosystem at Mumbai Port. This collaboration seeks to promote India's transition to cleaner energy, decrease greenhouse gas emissions, and aid climate change objectives. BPCL, MbPA, and MPSF stated on Thursday that they are dedicated to advancing sustainable practices in line with India's environmental goals.BPCL Chairman and Managing Director, G. Krishnakumar said, "This MoU is consistent with BPCL's plans towards a sustainable tomorrow...to achieve net zero emissions by 2040."He added that supporting sustainable energy for the maritime sector reflects BPCL's commitment to social responsibility."BPCL and MPSF are collaborating on developing systems for separating, storing, and managing both recyclable and non-recyclable solid waste at Mumbai Port. As a part of the effort, BPCL and MbPA will install Electric Vehicle (EV) charging points at Mumbai Port and investigate the possibility of converting ships running on diesel to more environmentally friendly fuels. The agreement also covers waste management initiatives, with a focus on recycling and waste reduction within the port.BPCL's leadership in sustainable energy is showcased through this collaboration, with Mumbai Port being positioned as a flagship for environmentally responsible operations throughout India, according to the company. Solex Energy Ltd aims to allocate more than Rs 8,000 crore for enhancing solar technology and expanding operations by 2030, establishing the company as a complete solar solutions provider. The company is looking into building a new cell manufacturing plant starting at a capacity of 2 GW, which can be expanded to 5 GW.Its module manufacturing capacity will increase to 15 GW from 1.5 GW. Solex plans to increase its staff to more than 25,000 people to accommodate the expansion of its capabilities."With the introduction of N-Type TOPcon Technology featuring Rectangular Cells, Solex Energy is raising the bar for efficiency and reliability," Chetan Shah, Chairman and Managing Director of Solex Energy said.An essential part of the strategy involves introducing the Tapi-R series of solar panels, utilizing N-Type TOPcon technology and a rectangular cell layout, to establish a higher benchmark for solar power production in India. The Tapi-R series features a cell dimension of 182.2 x 210 mm and includes 132 half-cut cells, providing a maximum power output of 625 WP with a module efficiency of 23.14 percent.It is well-suited for big solar projects in difficult areas like deserts and barren lands, offering an 80 percent bifacial rate and a -0.28 percent/°C power temperature coefficient. Additionally, the series comes with a 12-year product warranty and a 30-year linear performance guarantee, ensuring minimal annual degradation.It was stated that Solex Energy is dedicated to helping India reach its target of having 500 GW of non-fossil fuel-based electricity capacity by 2030, alongside advancements in technology. TOPSTORIES
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