The future of solar energy: How R&D can bridge the gap between supply and demand
Continued investments in research and development, particularly in areas like advanced battery storage technologies and next-generation solar cell materials, coupled with supportive policies and global collaboration can unlock the full potential of solar energy and pave the way towards a brighter, more sustainable future.
H.G. Infra sets up solar subsidiaries
H.G. Infra Engineering Ltd has won 543 MW DC solar EPC projects under PM KUSUM scheme. The company is exploring additional opportunities in solar power development, including rooftop installations, and doesn’t rule out venturing into PV module manufacturing.
NHPC launches tender for 2.4 GW of solar
NHPC is accepting bids from developers to set up 2.4 GW of solar power projects on a build-own-operate basis anywhere in India. Bidding closes on June 29.
Aegeus Technologies raises funds from Caspian Debt
Aegeus Technologies, a robotic solar panel cleaning startup, has raised an undisclosed amount from Caspian Debt. It will use the funds for working capital.
The Hydrogen Stream: Airox Nigen commissions indigenously built electrolyzer, fuel cell for SJVN’s multi-purpose green hydrogen project
Airox Nigen Equipments has commissioned its indigenously built alkaline electrolyzer and fuel cell for SJVN’s multi-purpose green hydrogen pilot project in Jhakri, Himachal Pradesh.
Saatvik Solar expands PV panel distribution to Andhra Pradesh, Telangana
Saatvik Solar has appointed Bhasu Energy System for promotion and distribution of its solar PV modules in Andhra Pradesh and Telangana.
SJVN to add 6.8 GW of wind, solar over two fiscals
SJVN expects to commission 2,498 MW of wind and solar power generation capacity in fiscal 2025 and another 4,330 MW in FY 2026.
India Ratings upgrades Adani Green Energy to ‘IND AA-’ with Stable outlook
The upgrade factors in Adani Green Energy Ltd’s continued strong operational asset performance, strong execution scale-up with annual capacity additions likely to be 4 GW-5 GW annually over the medium term, and healthy counterparty diversification and reduction in receivables, leading to an increase in the cash flow from operations.
NTPC launches 1.2 GW renewables-plus-storage tender
NTPC has launched a tender to select developers for 1.2 GW of firm, dispatchable power from renewable energy projects backed with energy storage systems. The projects can be located anywhere in India. Bidding closes on July 23.
New study provides state-wise renewables addition plan for India
A new study by government thinktank NITI Aayog provides state-wise renewable energy potential that can be harnessed by states to meet their renewable purchase obligations, RE capacity that needs to be procured by the deficit states from other RE-rich states, and storage requirement to meet the required grid balancing. The study was carried out with the support of the Central Electricity Authority and the Ministry of New and Renewable Energy.
