Welspun New Energy commits INR 13,500 crore for pumped storage, floating solar in Odisha
Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.
NTPC secures PPA with Indian Army for solar-hydrogen based microgrid project
NTPC has secured a power purchase agreement (PPA) with Indian Army for sale of power from its solar-hydrogen based microgrid project at Chushul (Ladakh).
Chinese researchers build 4T perovskite-CIGS tandem solar cell with 29.36% efficiency
Scientists in China built a four-terminal perovskite-CIGS tandem solar cell based on a top semi-transparent perovskite device with an efficiency of 21.26% and a high bifaciality factor of 92.2%. They used a solvent-annealing strategy to produce a perovskite film with full coverage, larger grains, superior crystallinity and free of detectable lead iodide impurity.
Solarium Green Energy IPO opens this week
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Indus Towers raises 26% stake in 50 MW solar plant for self-consumption
Indus Towers has agreed to acquire a 26% stake in a 50 MW solar plant for captive consumption. The solar plant will be set up by Amplus Tungabhadra.
Union Budget 2025: A bright future for India’s solar industry
With climate change and energy security at the forefront of global concerns, the government has unveiled a series of policy measures and incentives designed to accelerate the adoption of solar power.
Amid uncertainty, Premier Energies halts plans for U.S. solar cell factory
Premier Energies of India put its plans on hold to build a manufacturing facility in the United States as it waits for “the regime in the U.S. to settle down and be clear on what they want to do.”
PV-powered electric vehicles can have up to 30% higher range
A European research team has installed solar panels on a light commercial electric vehicle and has tested their performance for four months. The vehicle was able to extend the range by 530 km, although not all panels contributed equally. System efficiency was measured at up to 66%.
Premier Energies Q3 profit surges 490.58% YoY
The solar manufacturer had an orderbook of 4,539 MW worth INR 69,461 million as of Dec. 31, 2024, across modules (63%), cells (36%), and EPC services (1%).
Solex Energy commissions 800 MW solar module line
Solex’s new line is tailored for mass production of n-type, rectangular-cell TOPCon solar modules ranging from 585 Wp to 625 Wp.
