World

Sterling and Wilson Renewable Energy has reported consolidated revenue of INR 3,035 crore in FY 2024, 51% up year-on-year. The company’s unexecuted order book surpassed INR 8,000 crore.

Development of an 800 MW/ 9,600 MWh pumped hydro project in the Central-West Orana Renewable Energy Zone in New South Wales, Australia, is now moving forward, as renewables company Acen Australia has started geological works on site.

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.

Green credits offer a vital mechanism for incentivizing environmentally positive actions beyond just corporations, involving individuals and communities. By providing tangible benefits for sustainable practices, such as renewable energy adoption and conservation efforts, green credits engage the public at large, fostering widespread participation in combating climate change.

US news outlets have reported resident concerns about leaked toxins from solar facilities in Texas that were damaged by a hailstorm. The Solar Energy Industries Association (SEIA) has rejected the reports, which contained categorically false information.

Emirates Water and Electricity Co. (EWEC) is now accepting proposals for a 1.5 GW solar project in Abu Dhabi. The tender is open to the 19 bidders who passed the qualification process, following an expression of interest stage last year. The chosen developer or consortium will sign a long-term power purchase agreement (PPA) with the Abu Dhabi-based utility.

The European Investment Bank (EIB) has agreed to lend €150 million ($160.2 million) for renewables in Bhutan, in order to fund solar and hydropower installations in remote regions. Solar facilities are expected to reduce Bhutan’s reliance on energy imports during the dry months of the year and diversify the nation’s electricity mix.

Jaguar Land Rover (JLR) and Allye Energy have agreed to collaborate on a 270 kWh portable battery energy storage system (BESS) built with second-life Range Rover batteries. The system, which is set to become the first commercially available BESS with JLR battery packs, can fully charge up to nine Range Rover PHEV vehicles at once.

Power Panel offers a PV and thermal storage solution that combines simple, safe and easy to manage hot water with advanced thermoplastic technology and architecture.

The Biden Administration is expected to revoke tariff exemptions on bifacial solar modules following a petition led by Qcells, a company with a multi-billion-dollar investment in U.S. manufacturing.