Adani Energy Solutions raises $1 billion via QIP route
Adani Energy Solutions Ltd will utilize the proceeds for building the bulk evacuation corridors for renewable power, smart metering business, debt repayment, and general corporate purposes.
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.
Websol Energy System posts profit in Q1
The Kolkata-based solar cell and module manufacturer has reported a total income of INR 111.83 crore and a net profit of INR 22.88 crore for the April-May-June quarter of FY 2024-25
Amara Raja Energy & Mobility Q1 profit rises 23% yoy
Amara Raja Energy & Mobility Ltd has reported a standalone total income of INR 3,156.74 crore and a net profit of INR 244.55 crore for the first quarter (April-May-June) of FY 2024-25.
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.
Hail risk may bring financial instability to solar projects
To ensure sustainability and financial viability, the solar industry needs a critical reevaluation and enhancement of both technical protective measures and financial risk management practices for solar installations in hail-prone regions.
Amara Raja, Ather to collaborate on lithium batteries for two-wheelers
Amara Raja announced today its collaboration with electric scooter manufacturer Ather Energy to develop and supply NMC and LFP lithium-ion cells for two-wheeler battery packs.
India can leverage its solar and storage edge to avoid power shortages
Large-scale solar + storage deployment is the main option left to avoid power shortages, as they can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar + storage auction results, with a record low price of INR 3.4/kWh, show that such deployment will be highly economical, says a new study from the University of California’s India Energy and Climate Center.
