Navigating India’s solar operations and maintenance market
The sheer scale of solar installations means that ensuring consistency in operations and maintenance practices across the country is no easy task. Moreover, as technology continues to evolve, companies will need to keep up with the latest innovations to stay competitive.
INOXGFL Group enters solar manufacturing
INOX Solar, an INOXGFL Group promoter-owned company, targets initial manufacturing capacities of 5 GW of solar modules and 2.5 GW of solar cells by 2026. It will also offer solar project EPC and O&M services through group companies. The strategic foray into solar will complement INOXGFL’s wind business, making it a complete renewable energy solution business.
IBM acquires Prescinto for renewables asset performance management
Prescinto is a software-as-a-service (SaaS) platform to manage and optimize the end-to-end operations of renewable energy assets. Its acquisition will enhance the capabilities of IBM’s integrated solution for asset lifecycle management.
Sterling and Wilson Renewable Energy hits unexecuted order value of more than INR 10,500 crore
Sterling and Wilson Renewable Energy’s unexecuted order value has increased to its highest ever at more than INR 10,500 crore with order inflow of around INR 2,050 crore in Q2 FY25.
SmartHelio launches AI-powered solar forecasting tool with accuracy up to 98.5%
SmartHelio’s solar analytical tool leverages socio-economic and climate data to deliver high accuracy in predictive analytics.
ABB surpasses 10GW milestone in delivering automation solutions for renewable energy plant in India
ABB’s programmable logic controller-based automation solutions are now catering to more than 10 GW of renewable energy plants, including solar, wind and battery energy storage systems.
Sterling and Wilson Renewable Energy revenue grows 78% YoY in Q1
Sterling and Wilson Renewable Energy posted a revenue of INR 915 crore and net profit of INR 5 crore for the current fiscal’s first quarter ending June 30, 2024. The company reported strong order inflow of INR 2,170 crore in the quarter.
Lifecycle management in renewable energy projects
Routine inspections, monitoring systems, and predictive maintenance techniques play a vital role in optimizing energy output and ensuring the success and longevity of solar and wind power projects.
Guide to solar development under PM-KUSUM Scheme
Achieving and maintaining a capacity utilization factor (CUF) of 19% over 25 years without deration is feasible through careful selection of high-efficiency, low-degradation solar panels, and implementing robust design, maintenance, and monitoring strategies. By following the guidelines provided in this article, developers can ensure compliance with PM-KUSUM scheme and achieve sustainable, long-term performance of their solar power plants.
Grid upgrades needed to support Asia Pacific’s renewable energy expansion
A regional grid would allow the region to share excess renewable energy and facilitate the importing of renewable energy to meet domestic decarbonization goals in economies with limited renewable resources.
