NLC, WAPCOS sign MoU on pumped storage
State-owned thermal energy giant NLC has signed an agreement with WAPCOS Ltd, a public-sector engineering consultancy services provider, to carry out collaborative technical services and advisories for developing pumped storage projects in India.
Wall-mounted solar inverter with inbuilt lithium battery
India’s Livsol has introduced wall-mounted lithium battery inverters in 300 VA, 1 kVA, 2 kVA, 3 kVA, and 5 kVA models with operating voltages of 12.8 V, 12.8 V, 25.6 V, 51.2 V, and 48 V, respectively.
Adani Transmission reports 85% increase in PAT during Q4FY2023
The company’s consolidated profit after tax (net profit) of INR 440 crore ($53.3 million) in the Jan-March period of 2023 was 85% higher year-on-year.
Cell prices slip, weighed down by sustained falling upstream prices
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
German manufacturer unveils 10 kWh residential redox flow battery
Prolux Solutions has developed a redox flow battery with a charging and discharging capacity of 4 kW and 5 kW of peak power. It is designed to be coupled with PV systems in homes with high consumption profiles.
Gensol Engineering profit surges by 125%
Gensol Engineering’s net profit (profit after tax) surged 125% year-on-year to INR 249 million ($3 million) during the year ended March 31, 2023.
L&T forms Green Energy Council
The council will identify technology trends in green energy, analyze the evolving global policy developments, evaluate emerging business models, and advise on collaborations.
Borosil Renewables profit drops 47% as margins contract
The Indian solar glass manufacturer recorded a net profit (profit after tax) of INR 88.54 crore in FY 2023, a decrease of 47% over FY 2022.
Anti-soiling PV coating delivers 3% boost in energy production
A study conducted in the semi-arid weather conditions of Ben Guerir, Morocco, evaluated the performance of antistatic and hydrophobic coatings for photovoltaic solar panels. After nine months of operation, the PV panels with coatings developed by Portuguese company ChemiTek produced an average of 3% more energy than the uncoated ones.
Annual floating solar additions to top 6 GW by 2031, says WoodMac
The global floating solar (FPV) market is expected to keep up its steady growth, as the Asia-Pacific region continues to lead demand.
