Union Budget 2025: Expectations of India’s solar industry
With the Union Budget 2025-26 approaching, the solar industry anticipates key policy and financial measures to sustain this momentum. The budget is expected to increase funding for green technologies, including solar, wind, and green hydrogen.
The Hydrogen Stream: Avaada partners Switzerland’s Casale to develop 1,500 tpd green ammonia plant in Odisha
Avaada Group has collaborated with Switzerland-headquartered ammonia technology specialist Casale to develop a 1,500 tons per day (tpd) green ammonia plant in Gopalpur, Odisha.
NTPC tenders 1.2 GW solar with 600 MW/2,400 MWh energy storage
NTPC Ltd has launched the tender for selection of solar power generators to set up 1.2 GW of solar PV power projects with 600 MW/2,400 MWh of energy storage systems anywhere in India.
Thermal storage beats hydrogen, electrification on industrial costs
A new study in Germany shows the advantages of thermal energy storage in the decarbonization of industrial processes. The researchers noted clear cost advantages and high potential for flexibility in the power grid.
NTPC rolls out CO2 battery storage project at Kudgi thermal power station
NTPC Ltd, in partnership with Triveni Turbine and Italy’s CO2 battery technology company Energy Dome, will set up a 160 MWh CO2 battery project at its Kudgi super thermal power station in Karnataka.
Acme Solar Q3 net profit 152% up YoY
Acme Solar has reported consolidated revenue of INR 401 crore and consolidated net profit of INR 112 crore for the quarter ended Dec. 31, 2024.
Australian manufacturer bets on lithium-titanium-oxide batteries
Zenaji, an Australian manufacturer of lithium-titanium-oxide (LTO) batteries, says the LTO market will hit $5.8 billion by 2032, growing at a 12.6% annual rate. It claims that its Eternity battery system is poised to capitalize on the trend.
Avaada Group commits INR 20,700-crore renewables, storage investment in Odisha
Avaada Group has committed INR 20,700 crore for setting up 1.5 GW of floating solar projects, two 1 GW pumped storage projects, and green energy equipment manufacturing units in the Indian state of Odisha.
Acme Solar secures PPA with NHPC for 680 MW renewables storage project
Acme Solar has secured a power purchase agreement (PPA) with state-owned NHPC Ltd for a firm and dispatchable renewable energy (FDRE) project of 680 MW capacity.
Solis unveils generator-compatible hybrid inverters in India
Solis has launched its Solarator series hybrid inverters for residential and commercial solar storage applications in India. The inverters are generator-compatible.
