Tata Power posts INR 1,189 crore profit in Q1 FY 2025
Tata Power has reported its highest ever quarterly consolidated revenue of INR 16,810 crore and net profit (profit after tax) of INR 1,189 crore in the first quarter of FY 2024-25
Gentari Green Mobility launches app for EV charging, home solar solutions
The Gentari Go app allows users to discover and access EV charging stations effortlessly. The app users can also explore, consult and book solar installations for their homes.
Fourth Partner secures $275 million equity investment from IFC-ADB-DEG Consortium
The equity infusion will fund Fourth Partner Energy’s business expansion plans to achieve 3.5 GW renewable energy asset portfolio by 2026.
IB Vogt secures PPA for 50 MW solar power plant in Bangladesh
The Bangladesh Power Development Board (BPDB) has agreed to buy electricity from the power plant at a price of $0.1094/kWh for a 20-year period.
Oriana Power to build electrolyzer gigafab for green hydrogen and e-fuels
Oriana Power Ltd is setting up a gigawatt-scale factory to produce alkaline electrolyzers and balance-of-plant (BOP) modules in partnership with US-based Splitwaters. The factory will be commissioned in two phases, with the first 500 MW phase to be operational by 2026.
Global battery market crisis: Will SECI benefit as oversupply sparks industry chaos?
The global battery glut is likely to influence the price discovery of Solar Energy Corp. of India’s tender for 2 GW solar with 1 GW/4 GWh energy storage system, writes Ali Imran Naqvi, executive director (ED), Gensol Engineering Ltd.
Q-Sun Solar, Bakarat Investment to build 10 GW solar panel factory in Oman
The China-based solar manufacturer and Oman’s renewable investment entity Bakarat Investment have agreed to jointly establish a 10 GW solar module factory in the country with an investment of around $200 million.
U.S. startup develops 28%-efficient perovskite-silicon tandem solar module
U.S.-based PeroNova is specialized in metal halide perovskite-silicon tandem solar cells made with its novel stability-enhancing interfacial treatment. It is targeting a range of applications including space and rooftop markets.
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.
