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Markets & Policy

Hitachi Energy India Q4 revenue up 13.1% YoY

Hitachi Energy India has reported a revenue of INR 1,921.9 crore in January–March 2025, a YoY growth of 13.1%. Profit after tax is 61.8% up YoY at INR 183.9 crore.

Tata Power Q4 profit up 25% YoY to INR 1,306 crore

Tata Power has reported a net profit (profit after tax) of INR 1,306 crore and revenue of INR 17,328 crore for the fourth quarter of FY 2025.

Building the hydrogen economy: Overcoming infrastructure challenges

Building India’s hydrogen economy requires strategic infrastructure planning, targeted investments, and supportive policies. As industrial leaders continue demonstrating the viability of renewable energy transitions, the groundwork for hydrogen infrastructure follows naturally.

GE Vernova unveils INR 1.4 billion investment plan to expand manufacturing footprint in India

GE Vernova has announced a strategic investment of around INR 1,400 million ($16 million) to expand its electrification manufacturing and engineering footprint in India. The investment includes the development of a new HVDC/FACTS manufacturing line in Chennai and a cutting-edge engineering & test lab in Noida.

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US-China tariff negotiations and impacts  

Although the suspension of the 24% tariff under Section 301 sends a signal of easing, the retention of the full 10% under Section 201 and the average 83% anti-dumping/countervailing duties means that Chinese solar PV exports to the US still face a combined tax rate of nearly 200%.

Siemens Ltd new orders up 44% yoy in Jan-Feb-March quarter

Siemens Ltd has secured new orders worth INR 5,305 crore in the quarter ended March 31, 2025, 44% up year-on-year. Revenue for the quarter increased 2.6% to INR 4,259 crore.

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.

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