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Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs

Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […]

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Budget 2025: Experts Expect Spur In India’s Renewable Growth

The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […]

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Australia Risks 12-18 GW Renewable Gap Due To Slow Investment, Study Finds

Australia has run into plenty of problems regarding its solar capacity. 2024 saw the continuing issue of curtailments as solar was regularly oversupplied to a grid run on baseload coal and gas power. The rush to build large batteries has helped, but not enough clearly. The National Electricity Market (NEM) is stalling investment in Australia’s […]

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China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends

In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity.  This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […]

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Solar Journey of Africa: 2024 in Review and the Road Ahead

Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […]

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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project

Beempow Energy Private Limited, a solar developer firm backed by O2 Power, has won a significant suit for relief at the Central Electricity Regulatory Commission (CERC). The relief, linked to its 350 MW solar project at Agar Solar Park  in Madhya Pradesh, where Rewa Ultra Mega Solar Limited (RUMSL) is the designated project developer. RUMSL […]

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News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal

TotalEnergies and STMicroelectronics In 75 MW Green Energy  Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […]

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NTPC Rolls Out Long Duration CO2 BESS Technology At Kudgi

Indian power behemoth NTPC has launched CO2 battery energy storage technology. This project is undertaken by the R&D wing of NTPC, i.e.,  NTPC Energy Technology Research Alliance (NETRA). NETRA would execute the project in collaboration with an India-based industrial steam turbine manufacturer, Triveni Turbine Limited,  and Italian company Energy Dome. The CO2 Battery with an […]

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