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Jakson Green opens office in Dubai

Jakson Green has set up an office in Dubai as it looks to increase its presence in sustainable energy solutions across the Middle East and North Africa (MENA) region. The company said its Dubai office will help it foster closer collaborations with partners and clients in the region.

Siemens profit 36% up YoY in July-Aug-Sept quarter 

Siemens Ltd has announced a  revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023. 

New global solar installations to hit 413 GW this year, says BloombergNEF

BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.

Japan’s 18th solar auction concludes with lowest bid of $0.053/kWh

Japan’s latest procurement exercise was open to PV projects above 250 kW in size. The lowest price came in at JPY 7.94 ($0.053)/kWh, with 105 MW of allocated capacity.

Adani Total Gas launches green hydrogen blending pilot in Ahmedabad

Adani Total Gas Ltd will blend green hydrogen with natural gas for over 4,000 home and commercial piped natural gas (PNG) customers during the pilot phase. The project will assess the viability of green hydrogen as an alternative energy source for city gas distribution (CGD) consumers.

India added 8.5 GW of solar in first nine months of 2023

India’s solar installations for the Jan-Sept period in 2023 stood at 8.5 GW, 25% less year-on-year. The nation is expected to install an overall 11 GW in the current calendar year.   

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Israel to build energy communities in villages destroyed by Hamas

Israel’s Ministry of Energy and Infrastructure says it is currently developing a multi-year program for communities attacked by Hamas on Oct. 7. It aims to deploy 5 GW of energy in the destroyed areas, once residents return.

Germany’s January-October solar capacity additions hit 11.7 GW

Germany installed 11.7 GW of new solar capacity between January and October 2023, with 1.23 GW added in October alone, bringing the nation’s cumulative installed solar capacity to 79.2 GW.

KEC secures transmission line orders in Middle East, Europe

KEC International Ltd has secured orders for 220 and 400 kV overhead transmission lines in the Middle East, and 110 kV transmission lines in Europe.

IREDA IPO opens for subscription

Indian Renewable Energy Development Agency Ltd is looking to raise up to INR 2,150.21 crore from its initial public offering (IPO) of 671,941,177 equity shares.

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