TotalEnergies acquires full stake in Total Eren
TotalEnergies has increased its stake in Total Eren from 30% to 100%, a transaction that values the independent power producer at €3.5 billion ($3.8 billion).
Global sales of off-grid solar energy kits hit 9.5 million units in 2022
In 2022, off-grid solar energy kit sales reached a record-breaking 9.5 million units. This is almost one million more than 8.5 million units sold in 2019. Of the 9.5 million annual sales, 5.2 million were recorded in the second half of 2022.
KiloVault introduces solar-ready DIY off-grid battery
KiloVault has developed a solar-ready, do-it-yourself (DIY) offgrid battery, with sizes ranging from 4.3 kWh to 27.6 kWh. It comes equipped with a pre-wired, single-phase AC inverter and the ability to directly accommodate electrical loads.
India added 3.6 GW of solar in first half of 2023
The new solar addition in the first six months of 2023 was 53% less year-on-year, mainly because of extensions for several large-scale projects.
OGO Energy launches residential battery storage solutions
India’s OGO Energy has launched battery energy storage systems with indigenously developed smart battery management system. These systems feature a modular design. Up to five battery modules of 5.12 kWh each can be combined to give a storage capacity of 25.6 kWh.
New research shows renewables are more profitable than nuclear power
In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
Oriana Power wins 20 MW solar project from Coal India arm
Oriana Power Ltd has won the contract to build a 20 MW AC solar PV plant at Bharat Coking Coal Ltd’s Dugdha Washery Area in Jharkhand.
Unveiling India’s carbon credit revolution: From local initiatives to global impact
The Indian carbon credit system, operating under the Clean Development Mechanism (CDM) and the United Nations Framework Convention on Climate Change (UNFCCC), stands ahead in several aspects.
PFC reports record profit in FY 2022-23
Power Finance Corp. (PFC), the largest lender to the Indian power sector, recorded a net profit of INR 11,605 crore in FY 2022-23.
Tata Power to add 9 MWp solar at Tata Motors’ Uttarakhand factory
Tata Power Renewable Energy Ltd will develop an additional 9 MW ground-mount solar plant at Tata Motors’ Pantnagar factory in Uttarakhand, taking the facility’s cumulative PV capacity to 16 MWp.
