IBM acquires Prescinto for renewables asset performance management
Prescinto is a software-as-a-service (SaaS) platform to manage and optimize the end-to-end operations of renewable energy assets. Its acquisition will enhance the capabilities of IBM’s integrated solution for asset lifecycle management.
Sterling and Wilson Renewable Energy hits unexecuted order value of more than INR 10,500 crore
Sterling and Wilson Renewable Energy’s unexecuted order value has increased to its highest ever at more than INR 10,500 crore with order inflow of around INR 2,050 crore in Q2 FY25.
Key takeaways from Renewable Energy India Expo 2024
Solar module manufacturers are quickly ramping up to multi gigawatt-scale capacity to tap the domestic demand. At technology level, TOPCon modules based on 210 rectangular silicon wafer (G12R) cell are taking center stage.
Oriano Solar wins EPC order for 184 MWp PV projects in Madhya Pradesh
Oriano Clean Energy has secured a contract to build 184 MWp of solar PV projects on EPC basis in Agar, Malwa, Madhya Pradesh. The projects were awarded by Blueleaf Energy.
“India will be the fastest-growing renewable energy market among large economies through 2030,” says IEA
The International Energy Agency projects India’s annual renewable energy capacity additions to more than quadruple from 15 GW in 2023 to 62 GW in 2030.
NHPC tenders 2.4 GW of solar projects
NHPC Ltd has launched a tender to select developers for setting up 1.2 GW of grid-connected solar PV projects and additional capacity up to 1.2 GW under ‘Greenshoe Option.’ Bidding closes on Nov. 4.
SJVN allocates 1.2 GW of renewables-plus-storage capacity at average price of $0.051/kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy.
TruBoard Partners launches Cloud-based platform for end-to-end renewable energy asset management
TruGreen’s integrated approach encompasses all aspects of remote asset management from monitoring and analytics to finance and compliance, empowering renewable energy providers to make informed decisions that maximise yield while minimising costs.
Solis unveils new hybrid and grid-tied PV inverters in India
Solis has introduced its 8kW, 15kW, and 50kW high-power hybrid PV inverters, which offer robust energy storage solutions for both residential and commercial use. It also unveiled its 3kW, 5kW, 150kW, and 350kW grid-tied inverters, tailored for residential, commercial, and utility-scale applications.
The solar industry’s freefall: A price war with no end in sight?
The future of the solar industry hangs in the balance as manufacturers, regulators, and market players grapple with a perfect storm of falling prices, rising costs, and a fiercely competitive global landscape.
