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.
Sungrow secures 850 MW inverter supply contract with Hero Future Energies
Sungrow will supply 1500V inverter solutions for Hero Future Energies’ multiple renewable energy projects located in India.
Tata Power to invest INR 20,000 crore capex in FY 2025
Tata Power chairman N Chandrasekaran announced that a large part of the investment will go in accelerating the company’s renewable energy portfolio. The balance will be used towards transmission and distribution businesses.
SECI concludes 1.2 GW/1.2 GWh solar, storage tender with average price of $0.041/kWh
Acme Solar Holdings, Hero Solar Energy, JSW Neo Energy and Pace Digitek Infra have emerged winners in Solar Energy Corp. of India’s tender for setting up 1.2 GW solar with 600 MW/1.2 GWh energy storage capacity.
Karnataka launches 100 MW/130 MWh solar-plus-storage tender
Karnataka Renewable Energy Development Ltd (KREDL) is accepting bids to set up a ground-mounted grid-connected 100 MW AC solar PV plant along with 130 MWh battery energy storage system in the Kalaburgi district of Karnataka.
China Three Gorges to build 16 GW renewables cluster in Inner Mongolia
China Three Gorges has announced plans to build a 16 GW renewables cluster in China’s Inner Mongolia region, including 8 GW of solar, 4 GW of wind, a 200 MW solar thermal system, a 4 GW coal plant, and a 500 MWh energy storage system.
Rays Power Infra secured solar projects worth INR 833 crore in Q2 2024
The solar projects, spread across two states, add over 680 MW to the company’s RE portfolio.
SolarPower Europe calls for stronger cybersecurity measures
SolarPower Europe argues in a new position paper that regulators and policymakers should create a sector-specific strategy to address the growing threat of cyberattacks.
Solar panel cleaning with electromagnetic waves
Three companies, including US-based startup Sol Clarity, are experimenting with electrodynamic screen systems to clean solar panels using minimal electricity and no water.
NTPC launches 795 MW solar EPC tender
NTPC Renewable Energy Ltd is accepting bids to install and commission 795 MW of solar PV projects on a turnkey basis at Khavda RE Power Park in Gujarat. Bidding closes on August 13.
