Insolation Energy reports growth in revenue and profits in FY 2023
The Rajasthan-based solar panel manufacturer’s consolidated revenue grew 30% year-on-year to INR 280.05 crore (around $33.8 million) in FY 2022-23. Net profit surged 54% to INR 10.68 crore.
Premier Energies solar panels rated ‘Top Performer’ by PVEL
Premier Energies’ 88 modules spanning 400 W, 450 W, 500 W, and 540 W series qualified as Top Performer after PVEL’s rigorous Product Qualification Program.
India installed 2.38 GW of utility-scale solar in Q1 2023
India added 2.38 GW of utility-scale solar and 801 MW of rooftop solar capacity in the first three months of 2023.
Vikram Solar modules top performer for fifth consecutive year
Vikram Solar’s Paradea mono PERC 144-cell bifacial glass-glass modules have won the Top Performer position in PV Evolution Labs’ 2023 PV Module Reliability Scorecard. With this, Vikram Solar has claimed the title for the fifth consecutive year and the sixth time in the last seven years.
Sterlite Copper to source hybrid renewable power from Serentica Renewables
Vedanta arm Sterlite Copper has partnered with Serentica Renewables to establish a hybrid renewable energy project for self-consumption. It will source 16 MW of hybrid renewable power from the plant under a 25-year power delivery agreement.
Battery-tech startup EMO Energy raises $1.2 million
The Bengaluru-based startup has developed a cell-agnostic platform that purportedly allows 100% fire safety, 20-minute fast charging, and 120% improvement in battery life.
Solarizing the telecom tower sites in India
Delta Electronics India is a leading power and energy management solutions provider for the telecommunications industry. Rajesh Kaushal, vice president at Delta Electronics India, speaks to pv magazine about solarization of telecom tower sites in India, Delta’s role in driving this transition with its energy management solutions, challenges, and the way forward.
Ircon Renewable seeks DCR-compliant bifacial modules for 600 MW DC solar project
Ircon Renewable Power is accepting domestic bids to manufacture and supply 530 Wp+ rated mono PERC bifacial modules for a 600 MWp PV project at Pavagada. The modules must comply with domestic content requirement. Bidding closes on June 14.
Gujarat tenders 1.6 GW of PV projects at Khavda Solar Park
Gujarat Urja Vikas Nigam Ltd (GUVNL) has launched a tender to procure 800 MW of solar power from PV projects to be set up in Khavda Solar Park, with additional up to 800 MW under greenshoe option. Bidding closes on June 15.
Public-private partnerships: The path to sustainable transportation in India
By bringing together the private sector’s expertise and the public sector’s policy support, public-private partnerships can support the development of new technologies and solutions to improve the performance, efficiency, and affordability of electric vehicles (EVs).
