Global solar PV capacity hit 1.6 TW in 2023, says IEA-PVPS
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) has published a wide-reaching snapshot of the global PV market, covering installations, manufacturing, policy trends, and grid integration.
Premier Energies files for IPO to raise more than INR 1,500 crore
Premier Energies has filed draft papers with SEBI for its initial public offering (IPO). The company intends to utilize INR 1,168 crore of the IPO proceeds to fund the setting up of its 4 GW TOPCon solar cell-and-module manufacturing facility and the balance towards general corporate purposes.
Sterling and Wilson Renewable Energy revenue up 51% YoY
Sterling and Wilson Renewable Energy has reported consolidated revenue of INR 3,035 crore in FY 2024, 51% up year-on-year. The company’s unexecuted order book surpassed INR 8,000 crore.
Acen pushes ahead with 9.6 GWh pumped hydro project in Australia
Development of an 800 MW/ 9,600 MWh pumped hydro project in the Central-West Orana Renewable Energy Zone in New South Wales, Australia, is now moving forward, as renewables company Acen Australia has started geological works on site.
Global polysilicon prices decline slightly
In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.
Amara Raja Infra secures 700 MWp solar project from Greenko
The 700 MWp solar project, spanning across a 2,200-acre site in the Kurnool District of Andhra Pradesh, marks Amara Raja Infra’s largest-capacity solar project to date.
Greenzo to build green hydrogen plant for offtake by steel producer
Greenzo Energy has secured a $6 million order to set up a 2.5 MW green hydrogen project integrated with a solar and water treatment plant in Karnataka. The offtaker is a steel producer.
A look into the green credit system for renewable energy
Green credits offer a vital mechanism for incentivizing environmentally positive actions beyond just corporations, involving individuals and communities. By providing tangible benefits for sustainable practices, such as renewable energy adoption and conservation efforts, green credits engage the public at large, fostering widespread participation in combating climate change.
Hail damage and toxicity risks in solar plants
US news outlets have reported resident concerns about leaked toxins from solar facilities in Texas that were damaged by a hailstorm. The Solar Energy Industries Association (SEIA) has rejected the reports, which contained categorically false information.
Indus Towers partners NTPC to develop renewable energy projects for business operations
Indus Towers has signed a memorandum of understanding with NTPC Green Energy Ltd (NGEL) to explore joint development of grid-connected renewable energy based power projects including solar, wind, energy storage, etc.
