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Highlights

Adani calls US allegations ‘baseless,’ to seek all possible legal recourse

The Adani Group has termed the US allegations of bribery for solar contracts ‘baseless’ and added that it will seek all possible legal recourse.

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Perovskite-silicon tandem solar cell based on indium oxide buffer layer achieves 30.04% efficiency

Researchers in China have fabricated a perovskite-silicon tandem solar cell that utilizes an indium oxide sputtering buffer layer to protect the perovskite absorber and the electron transport layer from potential damages arising from the electrode deposition process. The new layer not only ensured this protection but also showed strong optical and electrical properties.

Colombian researchers design agrivoltaic system with hydroponic towers

Colombian researchers have designed an agrivoltaic system integrating hydroponic growing towers. The modular array, consisting of stackable 20 cm rings, creates a structure up to 2.5 meters tall, optimized for cultivating approximately 80 plants per square meter.

Gautam Adani indicted in US for an alleged solar-related bribery scheme

Gautam Adani faces an indictment in the United States over claims it led a scheme to bribe Indian officials to secure multibillion-dollar solar contracts. The charges allege the group concealed its actions while seeking capital from US and global investors.

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Hyundai Motor India signs wind, solar PPAs with Fourth Partner Energy

Fourth Partner Energy will set up and operate a 75 MW solar power plant and a 42.9 MW wind power plant in Tamil Nadu for consumption by Hyundai Motor India under 25-year power purchase agreement.

Wood Mackenzie forecasts 77 GW of floating solar globally by 2033

Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.

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Socomec crosses 50 GW of PV disconnect switch installations in India

Socomec India has hit the milestone of supplying its photovoltaic (PV) disconnect switches for over 50 GW of solar installations in India.

Datta Infra commits INR 5,000-crore renewable energy investment in Rajasthan  

Datta Power Infra has signed a Memorandum of Understanding (MoU) with the government of Rajasthan to invest INR 5,000 crore in setting up 1 GW of wind, solar, and wind-solar hybrid projects in Rajasthan. 

ReNew Q2 profit up 31% YoY

ReNew Energy Global (ReNew) has reported a total income (or total revenue) of INR 29,887 million ($357 million) and net profit of INR 4,939 million ($59 million) for the second quarter of FY 2024-25.

The Hydrogen Stream: SECI, H2Global to collaborate on green hydrogen initiatives

The collaboration will focus on enhancing knowledge exchange on market-based mechanisms and fostering cooperation between India and renewable hydrogen importing countries.

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