Tata Power posts INR 1,189 crore profit in Q1 FY 2025
Tata Power has reported its highest ever quarterly consolidated revenue of INR 16,810 crore and net profit (profit after tax) of INR 1,189 crore in the first quarter of FY 2024-25
Global battery market crisis: Will SECI benefit as oversupply sparks industry chaos?
The global battery glut is likely to influence the price discovery of Solar Energy Corp. of India’s tender for 2 GW solar with 1 GW/4 GWh energy storage system, writes Ali Imran Naqvi, executive director (ED), Gensol Engineering Ltd.
Advancing renewable energy through technological innovation and digitalization
To accelerate the adoption of technological innovation and digitalization in the renewable energy sector, concerted efforts are needed from policymakers, industry leaders, and technologists alike. Governments can create supportive policy environments, invest in research and development by providing incentives, at the same time supporting early-stage companies by creating favorable regulatory environments to fostering public-private partnerships.
Chinese solar cell prices fall amid oversupply
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Powering India’s renewable future: The pivotal role of battery energy storage systems
Samrath Singh Kochar, founder and CEO, Trontek, talks about enabling renewable integration and grid stability through advanced energy storage solutions.
ANIL’s solar module exports in Q1 up by 109% yoy
Adani New Industries Ltd (ANIL), part of Adani Enterprises Ltd, sold 1,379 MW of solar modules in the first quarter of the current fiscal 2024-25. This included exports of 808 MW.
WoodMac says global solar tracker shipments grew by 28% in 2023
Global tracker shipments reached 92 GWdc last year, according to WoodMackenzies’ latest report. The US accounted for the majority of the global market, with three US-based manufacturers, Nextracker, Array Technologies and GameChange Solar, ranking as the three largest shippers in the world.
China’s solar dominance not an issue
In a new monthly column for pv magazine, the International Solar Energy Society (ISES) explains why potential trade disruptions in the global PV supply chain are substantially different from those related to coal, oil and gas.
Adani Green net profit for Q1 up 95% YoY
Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.
Budget 2024-25: India imposes customs duty on solar glass imports, exempts equipment for cell and module manufacturing
Import of solar glass will attract 10% customs duty from October. Further, the list of exempted equipment for solar cell and panel production has been expanded.
