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Sterlite Appoints Monica Madan as Chief Financial Officer

Sterlite has announced the appointment of Monica Madan as the Chief Financial Officer (CFO). The firm deals with the manufacturing and supply of high-performance power conductors, extra-high voltage (EHV), high voltage (HV) and medium voltage (MV) cables and optical ground wires (OPGW). She takes over the responsibilities previously held by Parag Jain. Commenting on the […]

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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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EPointZero, TotalEnergies Partner To Support Africa & Asia Market

Abu Dhabi Future Energy Company PJSC—Masdar, a UAE-based clean energy company, TotalEnergies, and EPointZero, the decarbonization arm of 2PointZero, a global investment platform, signed a Framework for Action (FFA) agreement. This agreement aims to increase access to clean energy in emerging markets and developing economies in Africa and Asia. The agreement follows the UAE President […]

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Emerging Nations To Account For 85% Electricity Demand By 2027-IEA

Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […]

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Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report

The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […]

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Solar Glass: Borosil Renewables Halts German Unit To Cut Losses

Indian solar glass manufacturer Borosil Renewables has implemented its plan to temporarily halt solar glass production at its German plant. The Board of Directors had previously planned this move to reduce losses at the plant due to low demand for solar glass in the European market. Borosil Renewables produces solar glass in Germany through GMB […]

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Tracker Firm Arctech Secures 125MW Solar Project in Bosnia & Herzegovina

Arctech, a solar tracking and racking solutions provider, recently signed a supply agreement with NORINCO International, part of China North Industries Corporation. Under this agreement, Arctech would supply its 1P single-axis solar tracking system SkyLine II for a 125 MW solar project. The project is located near Stolac, Bosnia and Herzegovina (BiH), marking a milestone […]

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Rising Solar Stars: Top 5 Sub 10 GW Solar Markets For 2025

Solar energy has become a cornerstone of the global transition to sustainable power, driving economic growth and innovation while offering significant environmental benefits. Historically, countries like China, India, the US, Germany, and Brazil have led the charge in solar development. However, in recent years, a wave of new entrants has reshaped the industry, with several […]

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Envision Gets 1GW Wind & 320 MWh BESS Orders From Juniper

Envision Energy India announced that it has signed up with Juniper Green Energy (JGE) for the supply of 200  EN 182|5MW Turbine Platform and its maiden 320 MWh BESS (Battery Energy Storage Systems). JGE will deploy the wind turbine generators (WTG) for various projects won under State & Central auctions and the BESS package for […]

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