NHPC awards 1.2 GW of solar with storage at $0.036/kWh
NHPC has allocated 1.2 GW of solar with 600 MW/1,200 MWh storage projects at an average tariff of INR 3.09 ($0.036)/kWh.
Adani Green Energy reports INR 6,366-crore EBITDA for 9M FY 2025
Adani Green Energy Ltd posted INR 6,829 crore of revenue from power supply for the nine months ended Dec. 31, 2024, up 18% year-on-year (YoY). Cash profit is up by 23% YoY at INR 3,630 crore.
Wood Mackenzie predicts global solar growth will stagnate in 2025
Wood Mackenzie’s latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024. Solar module prices are expected to rise this year as manufacturers aim to recover profit losses from the past two years.
Floating solar could reach LCOE of $0.053/kWh in Saudi Arabia
Scientists in Saudi Arabia have assessed the techno-economical feasibility of floating PV plants at three different dams and have found that such projects could have a return on investment of 12 to 13 years.
The Hydrogen Stream: Advait Energy Transitions signs green hydrogen offtake MoU with Haryana City Gas Distribution
Advait Energy Transitions will set up a 2,000 mtpa green hydrogen plant on a turnkey basis and provide operation and maintenance (O&M) services for the plant for one year from commissioning.
PV module prices at crossroads
Martin Schachinger, founder of pvXchange.com, said PV module prices will depend on national and international demand trends in the coming months, with outcomes ranging from increases to stagnation or further declines. Almost anything is possible, but nothing is certain.
Godrej Enterprises targets over 20% growth for its power infra business
Godrej Enterprises’ Energy Solutions business aims to grow annually at over 20% in the next 3-5 years, driven by its growing portfolio of extra high voltage power transmission projects up to 765kV and strategic investments in solar power and green energy infrastructure.
Waaree’s 1.6 GW solar facility in Texas starts commercial production
Waaree Solar Americas has started commercial production of PV modules at its 1.6 GW facility in Texas, USA.
Union Budget 2025-26: What India’s green industry expects from the upcoming budget
The 2025-26 Union Budget has the potential to be a defining moment in India’s journey toward a net-zero economy. By addressing key areas such as renewable energy, green hydrogen, sustainable mobility, and community-level projects, the government can create a robust framework for decarbonization.
Saatvik Green secures EPC contract for 23 MW of solar projects from HPPCL
Saatvik Green Energy has secured EPC (engineering, procurement, and construction) contracts for an 11 MW solar project in Lamlehri Upperli and a 12 MW solar project in Gondpur Bulla in Himachal Pradesh.
