Uma Gupta
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.
Advait Infratech sets up hydrogen tech subsidiary in India
Advait Infratech’s wholly owned subsidiary, A&G Hydrogen Technologies, will engage in the manufacturing and assembling, integral supplies, and trading of equipment to meet the requirements of green ammonia, green hydrogen and green methanol projects.
Waaree Renewable Q1 profit up 209% YoY
Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 236.35 crore and net profit of INR 28.16 crore for the first quarter of FY 2024-25.
Ensuring sustainability in solar and battery storage supply chain
Geneva-headquartered dss+, a spin off from DuPont, helps industries switch to sustainable and resilient operations. It serves power and utilities, oil and gas, metals and mining, among other industries.
With a strong presence in India alongside leading industry players, dss+ has been instrumental in shaping the region’s energy landscape. Srinivasan Ramabhadran, managing director, APAC, dss+, speaks to pv magazine about balancing efficiency, cost, and environmental impact in solar and battery storage manufacturing.
SJVN increases renewables-plus-storage tender capacity to 2.4 GW
SJVN has invited bids from renewable energy developers to supply 1.2 GW of firm and dispatchable power from RE projects with energy storage system, with greenshoe option of additional capacity up to 1.2 GW.
Vedanta Nico secures supply deal with US-based nickel-zinc battery developer
Vedanta Nico will be the preferred nickel supplier to US-based battery innovator Aesir Tech to develop nickel-zinc batteries for electric vehicles.
BluPine Energy secures $28.6 million for solar project in Chhattisgarh
BluPine Energy has secured $28.6 million from a Tata Capital led banking consortium to finance its 75 MWp solar project in the Indian state of Chhattisgarh.
Gensol Engineering wins INR 463 crore solar EPC project in Gujarat
Gensol Engineering has secured engineering, procurement and construction contract for an INR 463 crore solar plant at Khavda RE Power Park. The project was awarded by a leading private-sector power producer.
JSW Energy secures Letter of Intent for 192 MW wind-solar hybrid power project
JSW Neo Energy has received a letter of intent from Gujarat Urja Vikas Nigam Ltd to set up a 192 MW grid-connected hybrid wind-solar power project, including an additional 96 MW under the green shoe option.
REC posts its highest Q1 profit of INR 3,442 crore
REC has reported total income of INR 13,037 crore and net profit of INR 3,442 crore for April-May-June quarter of FY 2024-25.
