L&T wins new orders for power transmission and distribution
Larsen & Toubro has secured contracts to implement advanced distribution SCADA and HVDC transmission lines.
Waaree Renewable reports improved revenue, profit in first quarter
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
German research institute unveils 99.74% efficient power electronics for solid-fuel heat pumps
Germany’s Fraunhofer Institute for Applied Solid State Physics (IAF) has developed an ultra-efficient circuit topology for voltage converters with an electrical efficiency of 99.74%. The tech could considerably raise the coefficient of performance for electrocaloric heat pumps and the scientists are now considering components based on semiconductor gallium nitride (GaN) for higher power density and efficiency.
Germany deployed 6.26 GW of solar in H1
Germany installed more than 1 GW of new PV systems in June alone. Its cumulative installed PV capacity hit 73.8 GW at the end of the first half of this year.
Juniper Green Energy signs $611.24 million MoU with PFC
Juniper Green Energy will use the amount to fund its upcoming 1.2 GW of renewable energy projects.
Autonomous robots gaining traction with solar installers
Sarcos Robotics and Terabase Energy recently announced key business developments, underscoring how installation robots are increasingly moving from test centers to the field.
Avaada Energy wins 280 MWp in SECI’s 2 GW solar auction
Avaada Energy will supply solar power at a tariff of INR 2.61 ($0.032)/kWh, the highest among all winners of the auction.
PFC signs MoUs for clean energy lending worth around $29 billion
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
GMR secures $927 million smart metering project
GMR Smart Electricity Distribution has won a project to install over 7.5 million prepaid smart meters in Uttar Pradesh. It will implement these smart meters on a design, build, finance, own, operate, and transfer basis.
SJVN secures 1.2 GW solar project for Punjab
SJVN Green Energy Ltd will develop 1.2 GW of solar projects for supply to Punjab State Power Corp. Ltd under a 25-year power purchase agreement.
