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.
Harnessing the power of agrivoltaics: the future of sustainable land use
With the increasing pressure to decarbonise the energy system while preserving arable land and biodiversity, agrivoltaics is quickly becoming a vital pathway towards sustainable development. A new report from the IEA PVPS Task 13 lays out a compelling vision for how solar energy and agriculture can not only coexist but thrive together.
Scatec starts constructing large-scale solar, battery storage project in Egypt
Work is underway on a 1.1 GW solar project with 100 MW/200 MWh of accompanying battery energy storage in Egypt. The first phase of the project is scheduled for commercial operation during the first half of next year.
Longi launches residential heterojunction back-contact solar module with 25% efficiency
Longi has developed the Hi-MO S10, a residential heterojunction (HJT) back-contact solar module with 25% efficiency, combining 27.6%-efficient cells with up to 510 W output and 252.3 W/m² power density.
India to reach 160 GW of solar module capacity, 120 GW of cells by 2030
A new report by SolarPower Europe, with India-specific projections contributed by the National Solar Energy Federation of India (NSEFI), projects India’s solar module manufacturing capacity to increase significantly from 80 GW in 2025 to 160 GW by 2030. Cell manufacturing capacity is projected to grow from 15 GW to 120 GW.
