Highlights

Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.

Fluence has set up a new remote monitoring and diagnostics center in India. The center leverages digitization, artificial intelligence, and Fluence’s Nispera asset performance management software to help deliver value to energy storage owners.

Insolation Energy is expanding its solar panel production capacity to 4 GW per year from around 1 GW at present. It is also setting up manufacturing capacities of 12,000 MT of aluminum framing and 1.4 GW of PV cells. The new capacities will be commissioned within this fiscal 2024-25.

TP Renewable Microgrid Ltd and National Dairy Development Board will collaborate to enhance sustainability and operational efficiency within the milk value chain. This includes the solarization of dairy cooperative societies, bulk milk coolers, and milk chilling centers, facilitated by solar microgrid technology.

The third edition of the Sinovoltaics financial stability report ranking lists India-based Abhishek Corp, Insolartion Energy, Waaree Renewable Technologies, and Solex Energy, all based in India, followed by U.S.-based First Solar as the top five. Six additional manufacturers entered the global ranking.

Multiple factors affect the productive lifespan of a residential solar panel. In the first part of this series, we look at the solar panels themselves.

ReNew has inaugurated a 400 MW solar project in Rajasthan. The project is part of a 600 MW power purchase agreement with Solar Energy Corp. of India (SECI) for 25 years.

Bluebird Solar is expanding its PV module manufacturing capacity to 1.2 GW per year with the addition of an 800 MW fully automated line at its facility in Greater Noida. Cliantech Solutions will supply and install production equipment from leading companies.

The global LNG market is on the cusp of a transformative era. While an oversupply looms, the market’s trajectory remains subject to the vagaries of project completions and geopolitical tensions. The interplay of supply and demand dynamics will invariably shape the landscape, heralding an era of heightened volatility and strategic recalibrations.

Rays Power Infra will use the funds to develop solar and wind parks with a cumulative capacity of around 3 GW. Additionally, it will invest in both backward and forward integration of its business.