Husk Power Systems receives $5 million debt financing from IFC
The financing package will enable Husk Power Systems to develop and operate up to 108 mini-grid sites in Nigeria.
Waaree Solar Americas announces $200 million investment in battery energy storage systems
The latest announcement follows parent company Waaree Energies’s commitment of up to $1 billion to the U.S. solar ecosystem, bringing Waaree’s total planned investment in the USA to $1.2 billion by 2028.
Alpex Solar secures orders worth INR 1,068.84 crore
Alpex Solar, in consortium with NVNR Power & Infra, has secured an INR 350 crore EPC order from Central Mine Planning and Design Institute Ltd, a Coal India subsidiary. It has a 70% share in the project. The company has bagged three more orders worth INR 823.85 crore for the supply of PV modules and solar pumps.
New method to optimize bifacial PV system performance in residential applications
Scientists in Qatar have outlined a new approach to optimize residential bifacial PV systems by combining south-facing and vertically mounted east-facing configurations. The novel methodology reportedly results in a 21.6% increase in a system’s net present value.
POM Systems launches hybrid inverters for residential solar applications
Bengaluru-based POM Systems & Services has introduced hybrid inverters with power ratings of 3 kW, 5 kW and 10 kW for residential solar applications.
Hidden devices found in Chinese-made inverters in the US, reports Reuters
US officials are reassessing the risks posed by Chinese-made devices in renewable energy infrastructure according to news agency. Reuters cites two unnamed sources, who would only provide a few details.
Hitachi Energy India Q4 revenue up 13.1% YoY
Hitachi Energy India has reported a revenue of INR 1,921.9 crore in January–March 2025, a YoY growth of 13.1%. Profit after tax is 61.8% up YoY at INR 183.9 crore.
pv magazine Homeowner Guide: Top tips and red flags to home solar
pv magazine is compiling a guide to home solar installations, aimed at those who are interested in installing but are new to the market and want to make an informed decision. We have spoken to associations, installers and industry specialists in major solar markets across the globe to compile best practice guidance and advice that aims to be applicable to home solar installations anywhere in the world. The first part of the series aims to help homeowners looking to embrace PV identify the best installers on the market.
Tata Power Q4 profit up 25% YoY to INR 1,306 crore
Tata Power has reported a net profit (profit after tax) of INR 1,306 crore and revenue of INR 17,328 crore for the fourth quarter of FY 2025.
Building the hydrogen economy: Overcoming infrastructure challenges
Building India’s hydrogen economy requires strategic infrastructure planning, targeted investments, and supportive policies. As industrial leaders continue demonstrating the viability of renewable energy transitions, the groundwork for hydrogen infrastructure follows naturally.
