ReNew posts profit for fiscal 2024
ReNew Energy Global achieved profitability with a net profit of $50 million for FY 2024, compared to a net loss of $60 million for FY 2023. Annual revenue surged to $1,158 million.
BNEF Summit highlights sluggish trading of low-carbon hydrogen, derivatives
Analysts at the recent BNEF Summit in Munich discussed delays for hydrogen adoption in European countries, noting that locations are crucial for predicting which hydrogen production plans will proceed. Projects in areas with high amounts of renewables have an advantage.
Panasonic partners Aerem to provide financing to its solar customers
Panasonic Life Solutions India has partnered with Aerem Solutions to facilitate financial assistance for its solar customers in the residential and commercial & industrial (C&I) sectors.
IndianOil, Sun Mobility sign battery swapping JV agreement
Indian Oil Corp. and Sun Mobility will form a 50:50 joint venture to undertake and operate battery-as-a-service solution for small-format electric vehicles in India.
India’s solar energy sector: Challenges, opportunities, and future prospects
India’s solar journey is a tale of turning challenges into opportunities, of harnessing the sun’s boundless energy to light up lives sustainably. On this World Environment Day, India’s solar saga reminds us that with innovation, policy support, and collective will, we can indeed craft a brighter, greener future—one solar panel at a time.
The Hydrogen Stream: Shell awards 10 MW SOEC module contract to Ceres
Ceres Power Holdings has secured a contract to design a 10 MW pressurised solid oxide electrolyser (SOEC) module for use in large-scale industrial applications such as synthetic fuels, ammonia and green steel.
The future of solar energy: How R&D can bridge the gap between supply and demand
Continued investments in research and development, particularly in areas like advanced battery storage technologies and next-generation solar cell materials, coupled with supportive policies and global collaboration can unlock the full potential of solar energy and pave the way towards a brighter, more sustainable future.
RWE green lights Australian first eight-hour big battery
Australia’s first eight-hour battery energy storage system is set to go ahead with German energy major RWE announcing it has taken the investment decision and signed key contracts for the Limondale battery project being developed in southwest New South Wales.
The Hydrogen Stream: Airox Nigen commissions indigenously built electrolyzer, fuel cell for SJVN’s multi-purpose green hydrogen project
Airox Nigen Equipments has commissioned its indigenously built alkaline electrolyzer and fuel cell for SJVN’s multi-purpose green hydrogen pilot project in Jhakri, Himachal Pradesh.
Clean hydrogen boom by 2030, but targets remain elusive
The clean hydrogen market must navigate technological, political, and economic uncertainties to realise its full potential.
