ABB Q4 profit up 54% year-on-year
ABB has reported a profit after tax of INR 532 crore for the Oct-Nov-Dec period of 2024, up 54% as compared to the same period in CY 2023.
Trump executive order places 25% tariff on aluminum and steel
Aluminum is used in solar panel frames and racking and steel is used in solar ground mounts and trackers.
Global module prices stable-to-soft amid mixed sentiments
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.
India could cut industrial emissions by 65% by 2050 with policy interventions
WRI India projects that industrial emissions could be reduced by 65% in 2050 with policy-driven interventions compared to a reference scenario without additional policies.
PM Surya Ghar: Muft Bijli Yojana turns one
The PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, is reshaping India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027.
Tata Power Renewable Energy, ONGC collaborate on battery energy storage systems
Tata Power Renewable Energy Ltd and Oil and Natural Gas Corp have signed an agreement to jointly explore and identify commercial opportunities across various segments of the battery energy storage system (BESS) value chain.
LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.
ONGC NTPC Green acquires Ayana Renewable Power
ONGC NTPC Green, a joint venture of ONGC Green and NTPC Green Energy, has signed the agreement to acquire a 100% equity stake in Ayana Renewable Power (Ayana) for INR 195 billion ($2.3 billion).
JinkoSolar sues Waaree Energies for alleged TOPCon patent infringement
JinkoSolar has filed a lawsuit in Texas against Waaree Energies and its US subsidiary for the alleged infringement of one of its n-type tunnel oxide passivated contact (TOPCon) patents, marking another move in its aggressive patent defense strategy.
ACME Solar Holdings reassigned A+/Positive credit rating by Crisil
Acme Solar Holdings Ltd has been reassigned ‘Crisil A+/Positive’ rating for its long-term bank loan facilities of INR 200 crore.
