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Thermax Group posts quarterly and annual PAT growth of 51% & 45% YoY respectively
Thermax Limited, a leading energy and environment solutions provider, reported its results for the fourth quarter ended March 31, 2023. In keeping with its robust performance over the past three quarters, the company posted a consolidated operating revenue of Rs. 2,311 crore (Rs. 1,992 crore), up 16%.
Global electrolyzers market projected to grow at a CAGR of 21.2% from 2023 to 2030
The polymer electrolyte membrane electrolyzers segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the growing demand for large hydrogen plants and continuous product development by key players.
Oriana Power successfully commissions a 2.7MWp single-rooftop solar power plant in Haryana
Located at the Indian Oil Corporation Ltd (IOCL) refinery in Panipat, the plant is commissioned for Indian Synthetic Rubber Private Limited, a joint venture between the IOCL and Trimurti Holding Corporation.
New Schneider Electric Easy UPS 3-Phase Modular is at the Forefront of Reliability, Scalability, and Simplicity
Modular design with Live Swap feature for small and medium size data centers and business-critical applications.
Suzlon secures a new order of 99 MW from Vibrant Energy
This is the third order of the new Suzlon 3 MW series in less than a month.
Global fuel cell generator market to reach $1.19 billion by 2030 at a 17.5% CAGR
In 2022, the fuel cell generator market was worth around USD 330 million, and it is projected to advance at a 17.50% CAGR from 2022 to 2030, hitting USD 1,199 million in 2030, as per the ResearchAndMarkets report.
Solar photovoltaic glass market size more than doubles at a robust CAGR of 31% during 2023 to 2029, says Exactitude Consultancy
The APAC region has 37% share of solar photovoltaic glass market in the world in 2022, and it is anticipated that it would expand at the fastest rate during the forecast period.
MNRE announces major reforms in the Approved List of Models and Manufactures for solar PV modules
Application fee cut by 80%; Inspection fee reduced up to 70%; ALMM listing validity increased from 2 to 4 years.
Envision Scientific sets a green benchmark with IGBC Gold Certification for its India factory
Concept Medical’s manufacturing arm has reduced its carbon footprint via in-house efficiency improvement programmes & green infrastructure.
Vibrant Energy places an order for c.149 MW with Envision Energy
Vibrant Energy (Vibrant), a leading corporate renewable energy solutions provider has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards.
