ReNew posts profit for fiscal 2024
ReNew Energy Global achieved profitability with a net profit of $50 million for FY 2024, compared to a net loss of $60 million for FY 2023. Annual revenue surged to $1,158 million.
Siegwerk inaugurates solar plant for consumption by its Bhiwadi printing ink facility
The solar plant, located in Jaisalmer, is expected to generate 2,028,000 kWh of electricity per year, significantly contributing to Siegwerk’s renewable energy targets.
Panasonic partners Aerem to provide financing to its solar customers
Panasonic Life Solutions India has partnered with Aerem Solutions to facilitate financial assistance for its solar customers in the residential and commercial & industrial (C&I) sectors.
Addressing the interconnected challenges of land degradation and climate change
By forging ahead with solar-powered land restoration initiatives, we can build resilient ecosystems, foster sustainable livelihoods and safeguard our planet for generations to come.
Lubi Group commissions solar plant for self-consumption
Lubi Group has commissioned a 4 MW solar power plant for consumption by its foundry operations. The plant is situated in Shinavada, Modasa, Gujarat.
India’s solar energy sector: Challenges, opportunities, and future prospects
India’s solar journey is a tale of turning challenges into opportunities, of harnessing the sun’s boundless energy to light up lives sustainably. On this World Environment Day, India’s solar saga reminds us that with innovation, policy support, and collective will, we can indeed craft a brighter, greener future—one solar panel at a time.
The future of solar energy: How R&D can bridge the gap between supply and demand
Continued investments in research and development, particularly in areas like advanced battery storage technologies and next-generation solar cell materials, coupled with supportive policies and global collaboration can unlock the full potential of solar energy and pave the way towards a brighter, more sustainable future.
H.G. Infra sets up solar subsidiaries
H.G. Infra Engineering Ltd has won 543 MW DC solar EPC projects under PM KUSUM scheme. The company is exploring additional opportunities in solar power development, including rooftop installations, and doesn’t rule out venturing into PV module manufacturing.
RWE green lights Australian first eight-hour big battery
Australia’s first eight-hour battery energy storage system is set to go ahead with German energy major RWE announcing it has taken the investment decision and signed key contracts for the Limondale battery project being developed in southwest New South Wales.
NHPC launches tender for 2.4 GW of solar
NHPC is accepting bids from developers to set up 2.4 GW of solar power projects on a build-own-operate basis anywhere in India. Bidding closes on June 29.
