Adani New Industries Q1 revenue up 209% YoY
Adani New Industries Ltd recorded a revenue of INR 1,898 crore ($229 million) in the first quarter of FY 2023-24, 209% up year-on-year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 7.5 times to INR 355 crore as export volumes surged 19 times.
Sterling and Wilson wins renewable EPC orders worth INR 826 crore
Sterling and Wilson Renewable Energy has won around 1 GW of EPC projects in the first four months of FY 2023-24. The projects are located in the Indian states of Rajasthan, Uttar Pradesh and Gujarat.
ISA, Airports Council to collaborate on scaling solar across airports globally
The International Solar Alliance (ISA) and Airports Council International (ACI) have agreed to strengthening cooperation to scale up solarization of airports across ISA member countries.
Financing implementation of solar energy solutions in the Pacific Island countries
The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.
SJVN tenders 1.5 GW wind-solar hybrid projects
SJVN Ltd has invited bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.
Romania resumes development of 1 GW pumped hydropower project
Romania is resuming the development of the Tarniţa Lăpuşteşti pumped hydro storage project, with a planned capacity of 500 MW to 1 GW. It will be the first installation of its kind in the country.
HPCL to empanel PV panel manufacturers for its solar projects
Hindustan Petroleum Corp. Ltd (HPCL) is enlisting solar panel suppliers and manufacturers for its future PV projects across India.
Apraava Energy secures renewable energy transmission projects in Rajasthan
The projects are part of the evacuation scheme for 20 GW of renewable energy generation in Rajasthan to the national grid.
Mango Power introduces 12 kW / 15 kWh whole home battery
The Mango Power M includes a hybrid inverter with 18 kW solar input and can be paired with an electric vehicle charger.
New technique to recover lead in end-of-life solar panels
A research group in the United States has developed a process to recover lead in its metallic form so that it can be reused in the PV industry. The process relies on a leaching solution based on a combination of acetic acid (CH3COOH) and hydrogen peroxide (H2O2), which the researchers said leaches the lead ‘in a matter of minutes.’
