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Fourth Partner

A State Model for Development: Inclusion of Solar in Building Bye-Laws

The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […]

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Fronius India Aims to Double Turnover in Two Years

Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth.   Fronius India, one of India’s leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, […]

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Wind, Solar Grow 16%, But Fossil Fuel Use Persists: Report

Global CO₂-equivalent emissions from energy rose 1% in 2024, marking a fourth consecutive annual record, the Energy Institute (EI) said. The increase came in a year when average temperatures consistently breached the 1.5°C global warming threshold. The 74th edition of EI’s Statistical Review of World Energy, developed with Kearney and KPMG, offers a comprehensive overview […]

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Solarium To Re-Enter Manufacturing Biz With 1 GW Capacity

Solarium Green Energy Ltd, a rooftop solar company in India, said on Tuesday it plans to re-enter solar module manufacturing with a 1 gigawatt (GW) production facility in Ahmedabad, Gujarat. This comes months after the listing of the firm on the Indian stock exchange. The firm entered the stock exchange on February 13 this year. […]

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Engie Gets Financial Closure For 200 MW Khavda Solar Project

French energy company ENGIE has achieved financial closure for its upcoming 200 MW solar project in Khavda, Gujarat, in partnership with MUFG Bank Ltd. and Crédit Agricole CIB. The project is being developed through ENGIE’s subsidiary, Enren-II Energy Private Limited. It is expected to generate approximately 550 GWh of electricity annually and avoid over 1,650 […]

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Zelestra, Sungrow Sign Landmark BESS Deal for Chile Project

Renewable energy firm Zelestra has signed a major supply agreement with Chinese technology provider Sungrow to deploy advanced battery storage systems for one of the largest battery energy storage projects in Latin America. Under the deal, Sungrow will deliver its PowerTitan 2.0 liquid-cooled battery energy storage system (BESS) and MV power conversion units for the […]

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Sunraycer, Meta Sign Pact For 240 MW of Solar Projects In Texas

Sunraycer Renewables LLC, a US-based clean energy developer and operator, said Monday it has signed two Environmental Attribute Purchase Agreements (EAPAs) with Meta Platforms Inc. for its Midpoint and Gaia solar projects in Texas. Under the agreements, Meta will buy 100 percent of the environmental attributes from Sunraycer’s Midpoint Solar project in Hill County and […]

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KP Energy Places Order For Senvion 4.2M160 Wind Turbines  

KP Energy has placed an order to procure 20 units of Senvion India’s 4.2WM M160 wind turbine generators, as a part of the 4XM platform. These turbines will be installed as part of a hybrid power project being set up for the company’s customer in Bharuch district, Gujarat. The deliveries for this project are expected […]

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Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY

The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […]

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