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Highlights

IH2A proposes hydrogen purchase obligations for refinery, ammonia plants

The India Hydrogen Alliance (IH2A) has proposed that the government consider introducing a 10% hydrogen purchase obligation (HPO) for existing refineries and ammonia plants, and a 100% HPO for new plants by 2030.

Husk launches residential rooftop solar service ‘BEEM’

Husk Power Systems has launched a dedicated residential rooftop solar service called BEEM, aimed at making the transition to solar energy simple, fast, and affordable for homeowners across India. The service offers a one-stop solution for residential solar photovoltaic (PV) systems.

CIL, AM Green enter 4.5 GW renewable power pact

Coal India Ltd (CIL) will develop 2.5–3 GW of solar power capacity and 1.5–2 GW of wind power to supply renewable energy to AM Green’s upcoming green ammonia production facilities.

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Silver-lean screen-printing can reduce silver use in TOPCon solar cells by 40%

An international research team has developed a metallization technique for TOPCon solar cells that can reportedly reduce silver usage in the devices’ rear side by 85%. The scientists replaced the commonly used Ag fingers with intermittent Ag dashes for contact formation and Ag-free fingers and busbars for electrical conduction.

SolarPower Europe expels Huawei amid EU bribery probe

SolarPower Europe (SPE) has dropped Huawei as a member amid an EU corruption investigation, as the European Commission moves to sever ties with trade groups representing the Chinese tech giant. The decision marks the first such removal by the Brussels-based solar lobby.

REC posts highest-ever annual profit of INR 15,713 crore

REC Ltd, a non-banking finance company focused on the power sector, has reported a record net profit of INR 15,713 crore for FY 2024-25, marking a 12% increase from INR 14,019 crore in FY 2023-24. Total income rose by 19% year-on-year to INR 55,980 crore.

The Hydrogen Stream: Sungrow starts world’s largest dual-tech green H2 plant

Sungrow Hydrogen has started production at China’s largest dual-tech green hydrogen project combining PEM and alkaline electrolyzers, while HNO International has partnered with Zhuhai Topower to pilot its modular hydrogen platform in China.

GameChange Solar surpasses 3.6 GW of tracker projects across MENA, Central Asia

GameChange Solar has surpassed 3.6 GW of tracker projects—installed and under deployment—across Middle East & North Africa (MENA) and Central Asia.

Cleantech Solar switches on 80 MWp of open-access PV projects in Tamil Nadu

Cleantech Solar has commissioned 80 MWp of open-access PV projects at its 275 MWp solar park in Tamil Nadu, catering to industrial offtakers.

NTPC to launch INR 4,000 crore NCD issue this week

NTPC has decided to raise INR 4,000 crore through the issuance of unsecured, non-convertible debentures on a private placement basis on May 9.

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