Swelect Energy Systems Ltd (formerly known as Numeric Power Systems) has posted a consolidated total income of INR 279.33 crore and a net profit of INR 63 crore for the year ended March 31, 2024.
A compact, “motionless” wind turbine with a magnetic generator designed for large commercial rooftops provides 5 kW of capacity per unit. Aeromine Technologies secured Series A funding for scaling its innovative design.
Wood Mackenzie says in its latest report that low prices and integrated supply chains allow Chinese manufacturers to supply more than 65% of total global demand for renewables equipment, with its exports growing by 35% between 2019 and 2023.
The Indian Army has received a hydrogen fuel cell bus under its collaboration with Indian Oil Corp. Ltd (IOCL) for demonstration trials of this technology. The bus promises a mileage of 250-300 km on a full 30 kg onboard tank of hydrogen fuel.
India’s solar module exports hit $1,969.13 million in fiscal 2023-24. Out of this, shipments to USA totalled $1,939.92 million.
Gamesa Electric has released a white paper on losses due to harmonics in PV plants, including an independent study that compares the performance of ultra-low total harmonic distortion inverters.
Through the agreement, Reliance gets access to Nel’s technology platform for manufacturing alkaline electrolyzers.
IndiGrid’s consolidated revenue for the quarter ended March 31, 2024 was up 31% to INR 7,856 million.
BloombergNEF (BNEF) says in a new study of 1,600 planned hydrogen projects that governments will miss their 2030 hydrogen targets. Analyst Adithya Bhashyam tells pv magazine that most of the announced projects to the end of this decade lack the key conditions for success.
Perovskite PV devices are set to become the next big thing in solar with market analysts at S&P Global Commodity Insights predicting 1 GW of production by the end of 2024, rising to 6 GW in 2025. Perovskite tandem devices are at the front of the queue for commercialization but their characterization presents technical challenges.
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