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India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […]
Chennai-based wind energy company Indo Wind recently released its quarterly result report. Indowind Energy has wind farms, manages wind assets, and generates green power for sale to utilities and corporations. In its March quarter, Indo Wind reported a profit of Rs 61.50 lakh. whereas, last year, the company reported a loss of Rs 25 crore. […]
CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […]
The Pradhan Mantri Surya Ghar: Muft Bijli Yojna (PMMBY), going by the hype around it, has achieved one of its key objectives already. Perhaps no other announcement around solar has triggered the sort of coverage and expectations like this single announcement from Prime Minister Narendra Modi to power 10 million households across India with solar […]
For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]
The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity outside ReNew in a products-driven sector. Sumant Sinha, Founder, Chairman […]
Gurugram based firm for energy storage solutions for solar and inverter applications, Luminous Power Technologies Pvt. Ltd., and CSIR-Indian Institute of Chemical Technology, (CSIR- IICT), Hyderabad, have joined hands to develop a Rechargeable Aluminium Battery (RAB). CSIR-IICT delves into the development of materials used in alternate battery chemistries as next-gen technologies. An MOU was signed […]
Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […]
Chinese solar panel manufacturer Trina Solar has announced that it has achieved a record 23.03% aperture module efficiency for larger-area industrial silicon p-type modules. Trina Solar’s State Key Laboratory of Photovoltaic Science and Technology (SKL) revealed the success of its proprietary Vertex high-efficiency p-type monocrystalline silicon module, based on 66 pcs of 210 mm x 210 […]
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