Waaree Renewable Q3 profit soars 11,250% year-on-year
Waaree Renewable Technologies has posted a profit after tax (net profit) of INR 24.97 crore (around $3 million) for the quarter ended December 31, 2022, 11,250% up year-on-year.
Ensuring a just energy transition
The renewable energy sector must lead responsibly by addressing land use, circularity and financing.
SnapNrack introduces solar mount that attaches to module before roof
SnapNrack’s TopSpeed solar mount begins installation on the ground, which limits time spent on rooftops.
BPCL launches 12 fast EV chargers on Delhi-Jalandhar highway
The DC fast electric vehicle (EV) chargers will be available at BPCL fuel stations between Delhi and Jalandhar. BPCL plans 200 such fast-charging corridors along national highways by March this year.
Kolkata discom tenders 150 MW of wind-solar projects
CESC Ltd has invited proposals from developers to build 150 MW of wind-solar hybrid power projects to meet its renewable purchase obligation targets and a part of its power demand. The projects, to be developed on a build-own-operate basis, can be set up anywhere in India.
Survey shows 34.3% failure rate for residential inverters over 15 years
The Bern University of Applied Sciences in Switzerland has published the initial results of a survey on the durability and performance of residential PV inverters and power optimizers over a 15-year period. They found that more than 65% of the inverters did not present yield-relevant faults by their 15th year of operation.
Amplus Solar signs 56 MWp open-access PPA with JK Lakshmi Cement
Gurugram-headquartered Amplus Solar has signed the agreement to supply 56 MWp of PV power for JK Lakshmi Cement’s facility in Durg, Chhattisgarh.
ABB India achieves 82% reduction in own GHG emissions across all manufacturing locations
Five ABB locations across India (Nelamangala, Peenya, Maneja, Nashik, and Faridabad) are certified as ‘Green Factory Buildings’ by the Indian Green Building Council (IGBC).
Dutch startup unveils controller to store excess PV power in hot water
Solyx Energy has developed a device to maximize solar self-consumption in residential homes. The sensor measures how much solar power can be fed back into the grid at different times, while a controller redirects that excess energy into an electric water heater.
Adani Green Energy Q3 profit soars 110% YoY
Adani Green Energy Ltd, the renewable energy arm of the diversified Adani Group, reported a consolidated net profit of INR 103 crore in the three months ended Dec. 31, 2022.
