Solar News

Waaree Renewable Geared For Much Higher Volumes if Required

Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […]

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Hitachi Energy To Build HVDC Link To Connect Tasmania To Mainland Grid In Australia

Marinus Link Pty Ltd (MLPL) has selected Hitachi Energy to supply a high-voltage direct current (HVDC) project, which will augment the connection between mainland Australia and Tasmania’s grid. The approximately 345-kilometer cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states. For the first time […]

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Recyclekaro Among 4 Lithium-ion Battery Recyclers Registered On India’s EPR Portal

Recyclekaro, a leading e-waste and lithium-ion battery recycling company, has announced its registration on the government’s Extended Producer Responsibility (EPR) portal for e-waste recycling. As a lithium-ion battery recycling industry player, Recyclekaro joins Lohum Cleantech, Attero, and LICO Materials as one of the four registered lithium-ion battery recyclers, reinforcing its commitment to sustainable e-waste management. […]

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Green Stocks May 27: Waaree, Inox Stocks See A Jump

In the last one day three green stocks recorded jumps in their stock prices. These included Waaree Renewables (5% increase), Inox Wind (5%) and JSW Energy (3.55%). Two other renewable companies also recorded increase in their stock prices. For example Borosil Renewables reported a rise of 2.42 percent in their stock prices while Adani Green […]

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Australia Releases New Policy To Augment Battery Production

Australia is currently positioned as one of the 15 top-ranked global leaders in mineral resources, and commodities, underscoring its potential to drive innovation and economic growth. Recognizing this, Australia has embarked on a transformative journey with its National Battery Strategy, a pivotal initiative to catalyze a robust domestic battery industry. This new strategy according to […]

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Q4 Results: NTPC Reports 9% Jump In Revenues, 33% In Profits

Indian power behemoth NTPC Limited has now come up with its financial results for Q4 and FY24. The latest audited consolidated financial results for Q4 revealed that the company’s total revenues increased by nine percent on a Year-on-Year (YoY) basis. The results indicated that while the company’s Q4 revenues stood at Rs 48,816.55 crore in […]

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CEA Sees Limited Market Impact From US Policy Decisions On Solar Imports

US based clean energy advisory firm Clean Energy Associates (CEA) has come out with a report detailing the likely impact of US actions on imports of solar equipment from China. While highlighting the limited nature of impact from here on, CEA’s analysis does have some interesting pointers to the future. CEA divided its assessment based […]

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Zypp Electric Raises $15Mn Investment From ENEOS

Zypp Electric, an Indian-based tech-enabled EV-as-a-service platform, has kicked-off its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS, comprised of Series C1 funding of $15 million in equity closure as part of its ongoing $50m round, which splits into $40m equity and $10m in debt. The equity funding […]

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Statcon Energiaa’s ENERGIAA X Series Stakes Claim As First 100% Indian-Designed On-Grid Solar Inverter

Noida-based Statcon Energiaa, a leading name in the Renewable Energy and Power Electronics sectors in India, has unveiled its latest innovation, ENERGIAA X Series, marking what it claims is a significant advancement in the On-Grid Solar technology. Statcon claims ENERGIAA X is the first truly Indian-designed and manufactured product in the on-grid solar market, boasting […]

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