U.S. solar and storage industry calls for changes in reconciliation bill
The Solar Energy Industries Association provided analysis of the devastating impact the changes to energy tax credits will have on jobs, manufacturing and the ability to meet the country’s rapidly growing energy demand.
ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth
Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.
Reliance Power secures long-term PPA with Bhutan’s GDL for 500 MW solar project
Reliance Power, in partnership with Druk Holding and Investments Ltd (DHI), will develop the 500 MW solar power project in Bhutan with a capital outlay of up to INR 2,000 crore.
ReNew breaks ground on INR 22,000-crore hybrid renewable energy project in Andhra Pradesh
ReNew has started building a hybrid renewable energy project in Andhra Pradesh, which, upon completion, will have an installed capacity of around 2.8 GW (1.8 GWp of solar and 1 GW wind power), supported by a 2 GWh battery energy storage system.
New biodiversity toolkit helps solar farm developers fast-track projects
Australia’s Thesium has launched a new product designed to help solar farm developers de-risk and accelerate their projects, which includes a credit feasibility analysis and board-ready stakeholder documentation.
Waaree Renewable Technologies wins 131.6 MW DC solar EPC order
Waaree Renewable Technologies stated that the 131.6 MW DC solar project, valued at around INR 114.23 crore, is scheduled for completion in the financial year 2025-26.
Advait Energy Transitions secures 67.5 MWp solar order from KPI Green
Advait Energy Transitions has secured an INR 129.39 crore solar EPCC order from KPI Green. The project, with a capacity of 67.5 MWp, will be set up at Khavda, Gujarat.
Large-scale solar projects facing outsized risks
Obsolescent technology, serial defects, maintenance difficulties, and grid connection limitations are all creating unique risk management problems for North American solar.
Honduras to launch 1.5 GW tender, including 975 MW of renewable energy with storage
The National Electric Energy Company has submitted rules for the international public bidding process for the purchase of 1.5 GW of capacity and energy. The tender will consist of 65% renewable energy with storage and 35% non-renewable energy. The bidding process has also been presented to a forum of Chinese investors.
JSW Energy posts its highest-ever annual profit of INR 1,951 crore
JSW Energy has reported a total revenue of INR 12,639 crore and profit after tax (PAT) of INR 1,951 crore.for the financial year ended March 31, 2025.
