ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth
Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.
French startup offers solar carports made of aluminum
Photovoltaic system shade structures made of steel, wood or concrete are common. Much less so are those made of aluminum, the material used for their construction by Closura, a French designer and manufacturer of gates and outdoor shelters.
Premier Energies, Sino-American Silicon enter JV for solar wafer manufacturing
Premier Energies Ltd has signed a 74:26 joint venture agreement with Taiwan-based Sino-American Silicon Products Inc. (SAS). The JV will establish a 2 GW per annum solar wafer manufacturing plant in India.
Reliance Power secures long-term PPA with Bhutan’s GDL for 500 MW solar project
Reliance Power, in partnership with Druk Holding and Investments Ltd (DHI), will develop the 500 MW solar power project in Bhutan with a capital outlay of up to INR 2,000 crore.
Premier Energies, Nuevosol enter JV to manufacture aluminium frames for solar modules
Premier Energies Ltd has entered into a joint venture with Hyderabad-based Nuevosol Energy. The JV will set up a 36,000 MT/year aluminium extrusion and anodizing facility in Seetharampuram, Telangana.
ReNew breaks ground on INR 22,000-crore hybrid renewable energy project in Andhra Pradesh
ReNew has started building a hybrid renewable energy project in Andhra Pradesh, which, upon completion, will have an installed capacity of around 2.8 GW (1.8 GWp of solar and 1 GW wind power), supported by a 2 GWh battery energy storage system.
The Hydrogen Stream: Nuberg EPC partners Germany’s EDL to develop sustainable solutions including green fuels
Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Poerner Group company) have signed a technical collaboration agreement (TCA) for the development of green hydrogen and derivatives such as green ammonia, green methanol and sustainable aviation fuels.
Middle East, Southeast Asia wafer makers ramp capacity amid record-low prices
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
New biodiversity toolkit helps solar farm developers fast-track projects
Australia’s Thesium has launched a new product designed to help solar farm developers de-risk and accelerate their projects, which includes a credit feasibility analysis and board-ready stakeholder documentation.
Waaree Renewable Technologies wins 131.6 MW DC solar EPC order
Waaree Renewable Technologies stated that the 131.6 MW DC solar project, valued at around INR 114.23 crore, is scheduled for completion in the financial year 2025-26.
