Renewable energy projects that should take 12-18 months to complete often take twice that. More often than not, land acquisition challenges, regulatory overreach and delayed transmission planning are the reasons behind this.
Sugs Lloyd Ltd, a Delhi-based renewable EPC company, aims to raise INR 85.4 crore by going public. It will use INR 64 crore from the total proceeds to support working capital requirements for business expansion, while the remaining amount will be used for general corporate purposes.
India installed 5.93 GW of utility-scale solar capacity in Jan-Feb-March period of 2025, marking a 12.2% increase compared to the previous quarter. Additionally, around 1.34 GW was added in the rooftop solar segment during the same period.
Indian solar manufacturer Insolation Energy Ltd has reported a revenue of INR 1,333.8 crore for FY25, marking an 80.9% year-on-year (YoY) increase from INR 737.2 crore in FY 2024. Profit after tax surged 127.5% YoY to INR 126.2 crore.
India’s AM Green and the Port of Rotterdam have signed an agreement to develop a supply-chain corridor for exporting green hydrogen, green ammonia and sustainable aviation fuels from India to Europe.
Hyderabad-based Bondada Engineering Ltd has secured the development of a 2.6 GWp solar power project in Ananthapuramu and Sri Sathya Sai districts of Andhra Pradesh.
India Ratings and Research (Ind-Ra) has upgraded the rating of JSW Renew Energy Two Ltd’s debt facilities from ‘IND A-/Stable’ to ‘IND A/Stable’. JSW Renew Energy Two Ltd is a step-down subsidiary of JSW Energy and is currently implementing a 300 MW AC (429 MW DC) solar power project in Thirumani, Pavagada, Karnataka.
US-based software provider Solesca presents new ways of handling PV system unavailability and solar module degradation. Engineers have a key role to play in this evolution, ensuring more accurate and reliable energy predictions for solar projects.
Onix Renewable Ltd has commenced development of a 1,959 MW solar power project in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
Scientists have placed mist nozzles inside a bifacial PV module and measured it under an extremely hot climate. The module was found to generate up to 37% more electricity on sunny days and up to 46% more on cloudy days compared to standard monofacial panels.
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