Global battery market crisis: Will SECI benefit as oversupply sparks industry chaos?
The global battery glut is likely to influence the price discovery of Solar Energy Corp. of India’s tender for 2 GW solar with 1 GW/4 GWh energy storage system, writes Ali Imran Naqvi, executive director (ED), Gensol Engineering Ltd.
Adani Energy Solutions raises $1 billion via QIP route
Adani Energy Solutions Ltd will utilize the proceeds for building the bulk evacuation corridors for renewable power, smart metering business, debt repayment, and general corporate purposes.
Advancing renewable energy through technological innovation and digitalization
To accelerate the adoption of technological innovation and digitalization in the renewable energy sector, concerted efforts are needed from policymakers, industry leaders, and technologists alike. Governments can create supportive policy environments, invest in research and development by providing incentives, at the same time supporting early-stage companies by creating favorable regulatory environments to fostering public-private partnerships.
IITM Research Park launches 1 MWh battery storage system
The ready-to-deploy and modular battery storage system is charged with wind and solar power and raises the campus’ renewable energy share to 90%.
Websol Energy System posts profit in Q1
The Kolkata-based solar cell and module manufacturer has reported a total income of INR 111.83 crore and a net profit of INR 22.88 crore for the April-May-June quarter of FY 2024-25
Amara Raja Energy & Mobility Q1 profit rises 23% yoy
Amara Raja Energy & Mobility Ltd has reported a standalone total income of INR 3,156.74 crore and a net profit of INR 244.55 crore for the first quarter (April-May-June) of FY 2024-25.
Amara Raja Infra commissions NTPC’s 135 MWp solar PV project in Rajasthan
Amara Raja Infra has commissioned NTPC’s Anta ground-mounted solar PV project of 90 MW AC (135 MWp) in the Baran district of Rajasthan.
Thermax exploring green hydrogen production through biomass, electrolysis routes
Thermax, which partnered with Australia’s Fortescue Future Industries (FFI) last year, is looking at different ways of green hydrogen generation for commercial and industrial customers in India.
Shakti Pumps wins $66.65 million solar pump order
Shakti Pumps (India) has secured the contract to supply, install and commission 12,537 solar water pumps across Uttar Pradesh under Component-B of PM-KUSUM scheme (Phase-III).
SECI launches 2 GW solar, storage tender
Solar Energy Corp. of India (SECI) is accepting bids to set up 2 GW of solar PV power projects with 1 GW/4 GWh energy storage systems on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission system. Bidding closes on Sept. 2.
