Adani Green Energy posts INR 371 crore profit in second quarter
Indian developer Adani Green Energy Ltd reported a 53.7% year-over-year increase in consolidated total income to INR 2,589 crore ($311 million) in the second quarter (July-Sept) of FY 2024. Net profit (profit after tax) soared 150% YoY to INR 371 crore.
Gentari, Greenko founders partner on green ammonia production and export from India
Gentari and Greenko founders-owned AM Green will jointly invest in the green ammonia platform, AMG Ammonia, to produce and export green ammonia from India. Both partners bring complementary capabilities across the green hydrogen value chain, including renewable energy, electrolyzers, and ammonia production and marketing capabilities. GIC will also invest in AMG Ammonia.
Novel cadmium telluride solar cell design with potential efficiency of 31.82%
Scientists in Bangladesh designed a cadmium telluride solar cell with upper/top and back contact materials made of aluminum (Al) and nickel (Ni). The device reportedly showed a quantum efficiency of around 100 % at visible wavelengths.
SJVN to pilot membrane-based floating project utilizing Norwegian firm’s technology
SJVN Green Energy Ltd will pilot a 2 MW floating solar project based on Norwegian firm Ocean Sun’s membrane-based floater technology. Once this pilot project succeeds, the two companies will collaborate to deploy this technology on a large scale in the southern part of India.
The impact of soiling on PV module transmittance
A European group has looked into the soiling impact on PV modules in Oman. They have collected 60 samples, based on season, month and tilt angles.
India’s solar module exports to USA to keep rising till FY 2025
Indian solar module manufacturers will have significant opportunities until July 2024 to sell their products in the USA market. However, their exports to the USA may start stagnating from 2025 and declining from 2027 onwards as the USA develops domestic capacities under its Inflation Reduction Act (IRA), according to a new report by IEEFA and JMK Research.
Solar module prices dive to record low
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.
Adani Energy Solutions commissions transmission project backing 2.5 GW of renewables
Adani Energy Solutions Ltd (AESL) has commissioned a transmission project in Tamil Nadu for evacuation of up to 2.5 GW of green power produced in the region. This project will provide industrial, commercial, and residential consumers with enhanced access to reliable and clean energy in Tamil Nadu.
Ciel & Terre India completes 10.765 MWp floating solar project at Tata Steel Jamshedpur
Ciel & Terre India has completed a 10.765 MWp floating solar plant for Tata Steel in Jamshedpur, Jharkhand. The project utilizes 19,936 units of ‘made in India’ Hydrelio aiR 1440 floats.
Tata Power Renewable Energy, Mukand Ltd sign power delivery agreement for 43.75 MW AC solar plant
Tata Power Renewable Energy Ltd (TPREL) will deploy a 43.75 MW AC solar plant for consumption by Mukand Ltd, a Bajaj Group company and a manufacturer of specialty steel long products and heavy machinery in India.
