Hidden devices found in Chinese-made inverters in the US, reports Reuters
US officials are reassessing the risks posed by Chinese-made devices in renewable energy infrastructure according to news agency. Reuters cites two unnamed sources, who would only provide a few details.
Hitachi Energy India Q4 revenue up 13.1% YoY
Hitachi Energy India has reported a revenue of INR 1,921.9 crore in January–March 2025, a YoY growth of 13.1%. Profit after tax is 61.8% up YoY at INR 183.9 crore.
Tata Power Q4 profit up 25% YoY to INR 1,306 crore
Tata Power has reported a net profit (profit after tax) of INR 1,306 crore and revenue of INR 17,328 crore for the fourth quarter of FY 2025.
Building the hydrogen economy: Overcoming infrastructure challenges
Building India’s hydrogen economy requires strategic infrastructure planning, targeted investments, and supportive policies. As industrial leaders continue demonstrating the viability of renewable energy transitions, the groundwork for hydrogen infrastructure follows naturally.
GE Vernova unveils INR 1.4 billion investment plan to expand manufacturing footprint in India
GE Vernova has announced a strategic investment of around INR 1,400 million ($16 million) to expand its electrification manufacturing and engineering footprint in India. The investment includes the development of a new HVDC/FACTS manufacturing line in Chennai and a cutting-edge engineering & test lab in Noida.
L&T wins IndianOil’s tender for 10ktpa green hydrogen plant at Panipat refinery
Larsen & Toubro has won Indian Oil Corp.’s tender for a green hydrogen production plant with a capacity of 10,000 tonnes per annum at a competitive bid of INR 397/kg.
Adani Green switches on 50 MW solar at Khavda
Adani Green Energy Ltd (AGEL) has commissioned an incremental solar project of 50 MW at Khavda in Gujarat, taking its total operational renewable generation capacity to 14,340.9 MW.
US-China tariff negotiations and impacts
Although the suspension of the 24% tariff under Section 301 sends a signal of easing, the retention of the full 10% under Section 201 and the average 83% anti-dumping/countervailing duties means that Chinese solar PV exports to the US still face a combined tax rate of nearly 200%.
Siemens Ltd new orders up 44% yoy in Jan-Feb-March quarter
Siemens Ltd has secured new orders worth INR 5,305 crore in the quarter ended March 31, 2025, 44% up year-on-year. Revenue for the quarter increased 2.6% to INR 4,259 crore.
Solex Energy profit soars 390% to INR 42.79 crore in FY 2024-25
Consolidated revenue jumped 81% to INR 665.82 crore.
