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Markets & Policy

Hitachi Energy opens advanced power system factory in Chennai

The HVDC and power quality product factory will cater to the rising number of high-voltage transmission projects in India and export to support global HVDC installations.

Pausing ALMM will hit solar manufacturing investments, say industry bodies

The implementation of the ALMM (The Approved List of Models and Manufacturers) mandate is crucial to protect INR 53,773 crore of investments that India would require over the next 3-4 years to indigenize the domestic solar manufacturing value chain, say manufacturers.

ABB India achieves 82% reduction in own GHG emissions across all manufacturing locations

Five ABB locations across India (Nelamangala, Peenya, Maneja, Nashik, and Faridabad) are certified as ‘Green Factory Buildings’ by the Indian Green Building Council (IGBC).

EIB to support green hydrogen in India with EUR 1 billion loan

European Investment Bank (EIB) has joined the India Hydrogen Alliance and agreed to increase support for large-scale green hydrogen hubs and projects across India with indicative funding of EUR 1 billion.

Adani Green Energy Q3 profit soars 110% YoY

Adani Green Energy Ltd, the renewable energy arm of the diversified Adani Group, reported a consolidated net profit of INR 103 crore in the three months ended Dec. 31, 2022.

India signs MoU on energy efficiency programmes in Indonesia, Malaysia and Thailand

India’s Energy Efficiency Services Ltd has agreed to provide technical advisory, project management, contracting and implementation support for energy efficiency programmes in Indonesia, Malaysia, and Thailand.

Polysilicon price rebound continues

Polysilicon prices started to rise in the second half of January, according to new data from the China Nonferrous Metals Industry Association (CNMIA).

PM Modi inaugurates India Energy Week 2023 in Bengaluru

Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.

Tata Power posts $127.6 million profit in Q3 FY 2022-23

The integrated power company reported a profit after tax or net profit of INR 1,052 crore ($127.6 million) in the quarter ended December 2022, a 91% increase year-on-year.

From diesel to DC

For a long while, it looked as if hydrogen fuel cells would be the technology of choice for emissions-free road transport. However, truck manufacturers and freight forwarders recently turned their attention to battery-electric vehicles. This will require special charging technology and PV looks set to play an important role.

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