India needs $385 billion investment to meet its renewable energy target: Moody’s
India needs $190 billion to $215 billion for renewables capacity addition and another $150 billion to $170 billion for transmission and distribution in order to meet its RE target of 500 GW by 2030.
Vikram Solar modules top performer for seventh time in PVEL testing
Vikram Solar’s Paradea 108/120/144 half-cut cell modules were recognized as top performers in PVEL testing.
Advait Infratech to expand electrolyzer production capacity to 200 MW per year by 2025
Currently, Advait Infratech’s electrolyzer plant, located in Kadi, Gujarat, has a manufacturing capacity of 120 MW per year.
ReNew posts profit for fiscal 2024
ReNew Energy Global achieved profitability with a net profit of $50 million for FY 2024, compared to a net loss of $60 million for FY 2023. Annual revenue surged to $1,158 million.
72% of solar PV modules enlisted in the latest ALMM list are of high-efficiency technologies
Out of the 861 solar PV modules currently enlisted in ALMM, the majority (around 72%) are from high-efficiency technologies. With a 49% share, mono PERC is the most dominant module type in ALMM. Encouragingly, emerging PV module technologies such as n-type TOPCon, Bifacial n-type TOPCon, and Bifacial Mono PERC also account for a significant share of around 22.5%.
Siegwerk inaugurates solar plant for consumption by its Bhiwadi printing ink facility
The solar plant, located in Jaisalmer, is expected to generate 2,028,000 kWh of electricity per year, significantly contributing to Siegwerk’s renewable energy targets.
Panasonic partners Aerem to provide financing to its solar customers
Panasonic Life Solutions India has partnered with Aerem Solutions to facilitate financial assistance for its solar customers in the residential and commercial & industrial (C&I) sectors.
Addressing the interconnected challenges of land degradation and climate change
By forging ahead with solar-powered land restoration initiatives, we can build resilient ecosystems, foster sustainable livelihoods and safeguard our planet for generations to come.
IndianOil, Sun Mobility sign battery swapping JV agreement
Indian Oil Corp. and Sun Mobility will form a 50:50 joint venture to undertake and operate battery-as-a-service solution for small-format electric vehicles in India.
Lubi Group commissions solar plant for self-consumption
Lubi Group has commissioned a 4 MW solar power plant for consumption by its foundry operations. The plant is situated in Shinavada, Modasa, Gujarat.
