Falling prices, rising geopolitical risks define energy storage scenarios
Experts speaking at the upcoming NetZero Milan Expo-Summit 2025 have told pv magazine that lithium’s rising competitiveness is pressuring emerging chemistries like sodium-ion, as the market shifts from incremental gains to larger cells that could reshape enclosure design.
BluPine Energy achieves financial closure of INR 376 crore for 100 MW solar project in Gujarat
BluPine Energy has achieved the financial closure of debt funding worth INR 376 crore for its 100 MW solar power project under development in Gujarat.
Taiwan proposes mandatory solar for new buildings
The Taiwanese government has proposed new rules requiring PV installations on most new, expanded, or renovated buildings. The draft standards aim to boost renewable energy and decarbonisation by setting minimum solar capacity requirements, with potential exemptions for insufficient sunlight or technical issues.
Adani Group deploys India’s first hydrogen-powered truck for mining logistics
Adani Enterprises, part of Adani Group, has launched India’s first hydrogen fuel cell-powered truck for mining logistics in Chhattisgarh’s Raipur district.
Solar cell prices decline, production regions continue to diversify
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.
CIL, AM Green enter 4.5 GW renewable power pact
Coal India Ltd (CIL) will develop 2.5–3 GW of solar power capacity and 1.5–2 GW of wind power to supply renewable energy to AM Green’s upcoming green ammonia production facilities.
SolarPower Europe expels Huawei amid EU bribery probe
SolarPower Europe (SPE) has dropped Huawei as a member amid an EU corruption investigation, as the European Commission moves to sever ties with trade groups representing the Chinese tech giant. The decision marks the first such removal by the Brussels-based solar lobby.
REC posts highest-ever annual profit of INR 15,713 crore
REC Ltd, a non-banking finance company focused on the power sector, has reported a record net profit of INR 15,713 crore for FY 2024-25, marking a 12% increase from INR 14,019 crore in FY 2023-24. Total income rose by 19% year-on-year to INR 55,980 crore.
The Hydrogen Stream: Sungrow starts world’s largest dual-tech green H2 plant
Sungrow Hydrogen has started production at China’s largest dual-tech green hydrogen project combining PEM and alkaline electrolyzers, while HNO International has partnered with Zhuhai Topower to pilot its modular hydrogen platform in China.
NTPC to launch INR 4,000 crore NCD issue this week
NTPC has decided to raise INR 4,000 crore through the issuance of unsecured, non-convertible debentures on a private placement basis on May 9.
