Tata Power posts INR 1,017 crore profit in Q2 FY 2024
Tata Power clocked 16th consecutive quarter of net profit (profit after tax) growth with Q2 FY 2024 profit rising 9% YoY to INR 1,017 crore ($122.18 million).
Gensol Engineering revenue up 88% YoY in H1 FY 2024
Gensol Engineering Ltd recorded a revenue of INR 344.03 crore ($41.3 million) in H1 FY24, 88% up from INR 183.25 crore in H1 FY23. Profit after tax (PAT) grew 24% to INR 22.16 crore.
Major U.S. solar developer announces recycling plans
EDF Renewables North America signs on with Solarcycle to recycle damaged or broken solar panels.
India will overtake Southeast Asia as the second-largest solar module producer by 2025
A Wood Mackenzie report forecasts China will dominate solar manufacturing through 2026, holding more than 80% of poly, wafer, cell and module manufacturing capacity for the next three years.
Alpex Solar aims to surpass INR 1,000 crore revenue by FY 2026
Indian PV manufacturer Alpex Solar aims 2.5-fold growth to reach INR 1,000 crore revenue in FY 2026.
Hartek to venture into green hydrogen
Hartek plans to enter green hydrogen business as an EPC provider as well as a developer.
L&T joins the Hydrogen Council
Larsen & Toubro has presence across green hydrogen project development/EPC, electrolyzer manufacturing, and battery cell manufacturing. As a hydrogen council member, the company intends to foster collaboration within the hydrogen industry.
Install grid-connected solar, rinse, repeat
Will a redeployable solar and energy storage solution be the answer to unreliable grid electricity across much of Africa, as its developer proposes? Or will it merely be a temporary solution that will see cash-strapped utilities kick the can of universal energy access further down the road?
Ensuring a just and inclusive energy transition for the Global South
Amid calls for an immediate transition to renewable energy, it’s important to ensure that aspects such as domestic resource utilization, the cost of transition, and the impact on the population are not overlooked.
HDF Energy to produce fuel cells in France, hydrogen in 30 countries
HDF Energy has expanded its operations to make fuel cells in France. It says it plans to produce green hydrogen infrastructure for low-carbon hydrogen production and non-intermittent renewable electrical power in 30 countries throughout the world.
