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News Brief May 23 – Atiaia Energia, Babcock & Wilcox Solar Energy, MG Motors

V.tal Signs Solar Energy Agreements with Atiaia Energia and Atlas Brasil Energia Digital services and telecommunications infrastructure provider V.tal has inked two major agreements for solar energy self-production. These CADE-approved agreements comprise collaborations with Atlas Brasil Energia and Atiaia Energia, two generators. As per the terms of the deal with Atiaia Energia, V.tal will form […]

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Waaree Energies To Supply 445 MW Solar Modules to Statkraft

Waaree Energies Limited is set to illuminate single-location solar projects in Bikaner, Rajasthan, with a supply of 445 MW of its 540/545Wp dual glass bifacial modules. The delivery is scheduled for delivery between May and August 2024. Hitesh Doshi, Chairman and Managing Director of Waaree Energies Limited said, “This partnership with Statkraft India represents a pivotal […]

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Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […]

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Rooftop Solar: Top 5 Mistakes To Avoid In Inverter Installations

If solar PV modules are the brain of your solar PV module then the inverter is the heart of your solar PV module. Understanding inverter installation is utmost important for an error free rooftop Solar PV installation. This not only protects the rooftop solar PV from damage but also improves the efficiency. However, in the […]

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Construction Of 2GW Offshore Solar Plant In China Starts

China National Nuclear Power (CNNP) has kicked off the construction of the country’s largest offshore solar power plant next to the company’s nuclear power station in eastern Jiangsu province. Called the Tianwan Offshore Photovoltaic Power Station, the 2 GW solar project entails an investment of CNY9.9 billion (USD1.4 billion) and comes with a 400 MWh […]

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Tata Power Results In Line With Expectations, Q4 Profits Up 18%

Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24  Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […]

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Waaree Energies Appoints Amit Paithankar As Its New CEO

Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). The renewable firm in a media statement today said that with his career spanning over two decades, Paithankar brings significant experience in driving growth, innovation, and sustainability in his practices, “In his new role as Chief Executive Officer […]

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Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report

The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […]

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