Hexa Climate buys Fortum’s renewable energy portfolio in India
Gurugram based Hexa Climate Solutions has acquired Finnish energy company Fortum’s renewable energy portfolio in India.
Evren secures $100 million from ALTÉRRA, Brookfield to advance 11 GW renewable energy pipeline
The investment will support the development and construction of up to 11 GW of solar, wind and battery storage projects in Rajasthan and Andhra Pradesh.
Adani Green Energy allots 44.9 lakh equity shares to Ardour upon warrant conversion
Adani Green Energy Ltd (AGEL) has approved the conversion of 44.9 lakh warrants into equity shares by Ardour Investment Holding, a member of the promoter group of the Company. Consequently, the promoter group shareholding in AGEL has increased from 60.94% to 61.05%.
Adani Green Energy revenue surges 23% to INR 9,495 crore in FY 2025
Adani Green Energy Ltd (AGEL) has posted robust growth in its revenue, EBITDA, and cash profit, driven by a capacity addition of 3,309 MW in FY 2025.
U.S. solar capacity expected to triple in next 10 years
Wood Mackenzie cautioned that policy uncertainty could significantly alter its projections for solar industry growth.
India installed 7.8 GW solar in Q1 2025, says IEEFA
India added 7,782 MW of solar power generation capacity in the Jan-Feb-March period of 2025, the second-highest PV installation in the last 13 quarters, according to a power sector summary by the Institute for Energy Economics and Financial Analysis (IEEFA).
Polysilicon prices decline amid growing short-term market pessimism
In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that prevailing pessimism in the global polysilicon market continues to intensify, with current conditions still favoring buyers to a certain extent, allowing them to retain a degree of leverage in negotiations.
Global investment in off-grid solar down 30% in 2024
Off-grid solar investment fell 30% in 2024, with early-stage firms and productive-use tech hit hardest, says Gogla. The global association for the off-grid solar energy industry adds that scale-ups attracted 77% of the nearly $300 million invested, signaling stronger commercial viability among mature players.
U.S. Commerce Department slaps unexpectedly high tariffs on solar imports
Coalition trade lawyer says the U.S. Department of Commerce’s final tariffs on solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam are among the highest rates he’s ever seen.
Solar wafer price outlook turns pessimistic, global flows shift with evolving trade policies
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
