CARE upgrades Waaree Energies’ credit rating to A+
Waaree Energies’ healthy order book of 26.5 GW (worth INR 50,000 crore) as on Dec. 31, 2024 provides a strong revenue visibility. Going forward, the demand prospects for the company are expected to remain strong in the domestic market, given favourable government policies.
Renewable energy hiring to surge around 18% in FY25 as demand for skilled professionals rises, finds Teamlease Services
The demand for specialized skills continues to rise, with an emphasis on engineering, project management, data analytics, and sustainable energy solutions. Job roles such as solar panel installers, energy auditors, and operational support professionals are in demand.
Indian researchers develop photo-assisted, self-chargeable energy storage device utilizing VO2/WO3 cathode
The researchers say the photo-assisted, self-chargeable aqueous Zn-ion energy storage device demonstrated a remarkable 170% increase in charge storage capacity at a constant current density of 0.02 mA/cm2 under consistent light exposure. Self-charging took 140 s to reach the potential of 0.9 V.
Adani Energy Solutions wins INR 2,800-crore transmission project for green hydrogen, ammonia production
Adani Energy Solutions Ltd has won a power transmission project in Gujarat, which will supply renewable power for green hydrogen and green ammonia production in Mundra, Gujarat.
NTPC Renewable Energy launches tender for hydrogen refueling station at Kandla
NTPC Renewable Energy Ltd has invited bids to set up a hydrogen refueling station for its green hydrogen mobility project at Kandla, Gujarat.
SMA America releases 99.2% efficient grid-scale battery storage inverter
The inverters use a silicon carbide metal-oxide-semiconductor field-effect transistor for high power conversion capability.
Tecnalia, Vita International developing solar guardrails
Spain’s Tecnalia and Italy-based Vita International have designed a new photovoltaic guardrail, set for testing later this year on a 100-meter stretch of a highway service area between Turin and Trieste, Italy.
Zelestra secures 430 MW/90 MWh renewables-plus-storage project with SJVN
Zelestra will develop a hybrid project combining 250 MW DC solar, 180 MW wind power and a 90 MWh battery energy storage system to supply firm and dispatchable renewable energy.
Prices rising across China’s PV supply chain, says EnergyTrend
Taiwan-based research firm EnergyTrend says market optimism in China has driven up solar module prices, while production of modules, cells, and wafers has increased month on month.
VGF-supported battery storage target increased to 13.2 GWh
The Indian government has increased the battery storage target under the viability gap funding (VGF) scheme to 13.2 GWh by FY 2027-28. The scheme provides financial support for up to 40% of the BESS capital cost.
