Daily News Wrap up: Strong Show By Indian Manufacturers In KIWA PVEL 2024 Module Scorecard
RENEWABLE ENERGY NEWS
Strong Show By Indian Manufacturers In KIWA PVEL 2024 Module Scorecard
The 2024 KIWA PV Evolution Labs (KIWA PVEL) module reliability scorecard is out. 2024 is the 10th edition of the widely tracked scorecard. Considered one of the leading global indicators of module quality, the scorecard this year features a record 53 manufacturers and 388 module...Read more.
ReNew Results for Q4 And Full Fiscal Year 2024- Net Profit Rises To $50 Million
Nasdaq listed, Sumant Sinha led ReNew Energy Global Plc , has announced its unaudited consolidated IFRS results for Q4 FY24 and year ended March 31, 2024. Operating Highlights: • As of March 31, 2024, the company’s portfolio consisted of ~13.5 GWs, of which ~9.5 GWs...Read more.
REC Trading At IEX Skyrockets, Sees 640% Growth In May
The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs. IEX said that the renewable...Read more.
KPI Green To Light Up 26.15 MW Solar Plant, With Order From 20 Textile Companies
Gujarat-based KPI Green Energy has received an order to develop a 26.15 MW solar power plant from an aggregation of textile firms in Gujarat. This order was received by KPI subsidiary, Sun Drops Energia, to develop the project under the captive power producer (CPP) segment....Read more.
EKA Mobility Inducts Three Seasoned Executives To Drive Growth
EKA (Pinnacle Mobility Solutions Pvt. Ltd.), a leading player in the electric mobility sector with Mitsui Co., Ltd. (Japan) & VDL Groep (Netherlands) as equity partners, today announced the appointment of three senior executives to its leadership team: Zoeb Karampurwala as Chief Product Officer, Murali...Read more.
Octopus Australia To Develop 1 GW Wind Farm, Acquires Land For Project
UK-based Wind Energy firm subsidiary, Octopus Australia has announced the successful acquisition of an additional 28,000 hectares of land near Deniliquin, NSW, for the development of the new 1GW Merino Wind Farm. This land is adjacent to the 400MW Saltbush Wind Farm also owned by...Read more.
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US Solar Installed Capacity Soars 71% In Q1 2024, Hits 200-GW Mark
US Solar Manufacturing Association (SEIA) recently reported setting a record 11 gigawatts (GW) of new solar module manufacturing capacity in the United States during Q1 2024. The organization claims this to be the largest quarter of solar manufacturing growth in American history. According to the...Read more.
How QCell Can Make Solar Module Production Sustainable?
Solar energy is considered as one of the cleanest sources of energy and one of the most commercially viable technologies. In India, out of the 144 GW of renewable energy capacity (excluding large hydro), 57 percent (82 GW) comes from solar energy alone. The generation...Read more.
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024
The International Energy Agency's (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency...Read more.
EV'S & STORAGE NEWS
Indian Oil, Sun Mobility To Build Battery-Swapping Network
SUN Mobility, an energy infrastructure and services provider for electric vehicles (EVs), announced a collaboration and a joint venture (JV) with Indian Oil, a diversified, integrated energy major to establish and deploy one of the largest battery-swapping infrastructure networks by 2030. The joint venture is...Read more.
Uno Minda Signs Deal With Chinese Firm For Making EV Parts
Uno Minda, a major supplier of seating, lighting, switching, and acoustics solutions to international automakers, announced that it had signed a deal with Suzhou Innovance Automotive to manufacture and market a limited number of high-voltage category electric vehicle products for Indian passenger cars and commercial...Read more.
Mobility Firm Marelli To Supply Battery Thermal Plate To Carmakers
Marelli has been awarded a contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The solution, a key technology for thermal energy management in electric vehicles, has been developed and will be produced in-house by...Read more.