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FIMER Proudly Backs India’s Limitless Spiritual Energy

With almost 65 crore(650 million)  people taking a dip at the holy sangam in Prayagraj by the last day on Feb 26, the  World knows about the immense event that is the Kumbh in India. While the Kumbh is undoubtedly the biggest human spectacle of this year, India’s spiritual fabric had been strengthened further a […]

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Green Stocks Feb 28: High Fliers Continue To Be Pulled Down

Even as markets continued to haemorrhage through new ‘bottoms’ every week, this one has been a particularly tough week for our green pack too. All stocks falling on any day is no longer the rarity it was just a month ago, and today was no exception. Reliance backed Sterling and Wilson Renewable  and Waaree Renewable […]

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News Briefs Feb 28: Sungrow In Sweden, Australia’s $25 M For Solar In Apts, Meta’s 396 MW Deal

Sungrow Powers One Of The First Hybrid Solar Parks In Halmstad Sungrow was a key part of the commissioning of Sweden’s first hybrid solar parks, which have been successfully deployed in Halmstad. Sungrow is providing the inverters and the Energy Storage System (ESS). Developed by Solarwork Sverige and Powerworks Energy, the hybrid solar park is […]

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Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL

India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […]

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Fronius Launches ‘Reserva’, Its Battery Storage System

Austrian solar energy firm Fronius, known mostly for its solar inverters until now,  has launched the  Fronius Reserva. The Reserva is Fronius’s own battery to go woth inverters and use in solar systems, for a range between 6.3 and 15.8kWh. “We believe in a future in which renewable energies cover 100 percent of the world’s […]

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First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide

First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […]

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Kinetic Green’s Losses Spurt 11X in FY24 As Revenue Dips 3%

Electric vehicle manufacturer Kinetic Green faced significant financial strain in FY24, with losses increasing 11X due to rising expenses in advertising and employee benefits. Meanwhile, the Greater Pacific Capital-backed company’s revenue declined by 3% year-on-year. Kinetic Green’s revenue from operations decreased to Rs 291 crore in FY24 from Rs 301 crore in FY23, its consolidated […]

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Climate Change vs Solar Energy: The Battle Within

Decades ago, global warming and associated climate change had prompted the world to take some serious measures, such as curbing GHG emissions and trapping pollutants. Today, the surge of renewable energy, especially solar and wind energy, is now promising the sustainable future the world once dreamed about. However, climate change has also become profound, leading […]

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