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Energy Transition

Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA

Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […]

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Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs

Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use.  Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […]

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Q2 Results: Sterling & Wilson Renewable Reports Higher Revenues, PAT

Public-listed renewable energy company Sterling & Wilson announced its financial results for Q2 of FY25 today. The consolidated financial results showed an increase in total revenues and net profits. The company reported total revenue of Rs 1,064 crore in Q2FY25, compared to Rs 927.89 crore in Q1FY25 and Rs 776.73 crore in Q2FY24. This represents […]

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Credence, Krannich Partner To Supply MonoPERC & Topcon Modules

Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […]

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Rooftop Solar Can Increase Local Temperature, Says Research

A recent research showed that rooftop solar can raise temperatures during the daytime and lower them at nighttime. These findings were based on a city-wise simulation on photovoltaic solar panels on rooftops. The research indicated that the conventional photovoltaic solar panels may increase temperatures on hot days and lower them at night, said new modelling. […]

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Focus On Avoiding Renewable Curtailments-IEA Prescriptions

Renewable energy sources such as solar and wind power are growing at a rapid pace. Naturally, the transition is also driving significant transformation for the global energy landscape. In 2024, global renewable energy capacity is expected to increase by almost 20 percent, building on the record growth of 60 percent seen in 2023. While this […]

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Gensol Bags 23 MW Rooftop Solar Contract In UAE

Gensol Engineering Limited has announced that it has been awarded a prestigious contract by UAE’s leading sustainable development and clean energy development company for the design, construction, and long-term operation and maintenance of rooftop solar photovoltaic (PV) systems for the engineering facilities of a leading aviation company in Dubai. With a total installed capacity of 23,178 kWp (23 […]

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Wave Solar Inverters Seeks A Place In The Sun

India’s solar push, and now boom, has been through multiple cycles already, but perhaps none more important than the one post 2020. That is the period when both the government, and other stakeholders finally realised that business as usual was not going to help achieve the lofty 500 GW renewables target, with solar accounting for […]

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India’s Solar Sector Buoyant On New Growth Trajectory

FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […]

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