Global cleantech investment expected to surpass fossil fuels for the first time in 2025
Global clean energy supply investments will reach $670 billion this year, said a report from S&P Global Commodity Insights.
Optimizing photovoltaic systems: Best practices for economic, technical key performance indicators
As the global solar energy industry grows, so does the need for accurate monitoring of performance and financial viability. The latest report by IEA PVPS Task 13, “Best Practice Guidelines for the Use of Economic and Technical KPIs,” provides a comprehensive framework to address this issue. This article explores the importance, methodologies, and applications of Key Performance Indicators (KPIs), with a focus on their role in optimizing PV systems.
Waaree Renewable Technologies posts nine-month revenue of INR 1,121.17 crore
Waaree Renewable Technologies has reported a revenue of INR 1,121.17 crore for nine-months ended on Dec. 31, 2024, 85.87% up year-on-year.
AI and Data Analytics in energy operations
Artificial intelligence (AI) and Data Analytics are transforming energy operations by introducing capabilities that were once unimaginable. These technologies provide actionable insights, automate processes, and enable real-time decision-making, making energy systems smarter and more resilient.
BPCL ropes in Volks Energie for LFP-Based solar storage plants
Bharat Petroleum Corp. Ltd (BPCL) has entrusted Volks Energie with deployment of a cumulative solar capacity of 280 kW backed with lithium ferro phosphate (LFP) battery storage of 1.6 MWh for its oil and gas pipeline network. The solar-plus-storage capacity will be equally distributed across 14 strategic locations in Andhra Pradesh and Telangana.
Hartek secures the largest rooftop solar plant in Jammu & Kashmir
Hartek Group has won the complete EPC order for an 8 MW rooftop solar plant in Jammu & Kashmir. The project has been awarded by Kandhari Beverages.
India’s installed renewable energy capacity grows 15.84% year-on-year
The nation has reached a cumulative installed renewable energy capacity of 209.44 GW as of Dec. 31, 2024, with major contributions from solar (97.86 GW) and wind resources (48.16 GW).
India installed ‘record’ 24.5 GW of solar power capacity in CY2024
India added about 24.5 GW of new solar capacity in the twelve months ending Dec. 2024, the highest recorded capacity in any previous year.
The ease of financing in the solar sector
Innovative models that provide pay-as-you-go solar systems, peer-to-peer energy trading, and crowdfunding platforms could expand access to renewable energy for underserved communities.
The shift to advanced battery technologies for a sustainable future
With the growing integration of renewable energy solutions in power grids, the demand for efficient energy storage solutions is only set to grow. Taking cognizance of the advancements in battery technology, India today stands at the cusp of a major revolution.
