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Australia’s Residential Storage Boom Portends The Next Solar Trigger In India As Well

Australia is among the frontrunners in the recent surge of energy storage that the world is witnessing. Needed in order to support the robust renewable energy growth and the changing energy industry dynamics. The home / residential battery market, in particular, is experiencing significant growth in Australia, with a recent surge in demand attributed to […]

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ACME Solar Commissions 112.5 MW at Sikar Solar Project

ACME Solar Holdings Ltd has commissioned an additional 112.5 megawatts (MW) at its solar power project in Sikar, Rajasthan, taking the total operational capacity at the site to 165 MW out of a planned 300 MW, the company said. The second-phase commissioning, completed on May 19, follows an initial 52.5 MW commissioned earlier this month. […]

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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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Acme Solar FY25 Results- Profits Up 130.7% As Margins Double

Renewable energy developer and EPC firm Acme Solar has reported its Q4, and full year results for FY25. Key Highlights: 1,200 MW solar projects commissioned during the year; Additional 165 MW solar capacity commissioned in May’25, ▲ 9% from FY24 1,900 MW projects won during the year, resulting in a total portfolio of 6,970 MW […]

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Wave Solar Plans To Go Aggressive In Solar Inverter Biz

Indian solar inverter brand Wave Solar has now planned to go aggressive in its inverter business to strengthen its market presence in the Indian solar sector. With more product diversification plans and expansion in hand, the firm is now looking to create its own niche. The firm, currently having a strong hold in the Commercial […]

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Bhopal Municipal Corporation Installs 10 MW Solar Plant In Neemuch, MP

Bhopal Municipal Corporation (BMC) has installed a 10 MW solar power plant in Neemuch, with the electricity generated to be used for the city’s water supply system. The project was virtually inaugurated by Madhya Pradesh Chief Minister Mohan Yadav. Yadav inaugurated the project while addressing the gathering at the Bhoomi Pujan ceremony for the “Bhoj-Narmada […]

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Folks Motor Raises ₹100cr To Boost EV Manufacturing

Indian automotive firm Folks Motor has secured ₹100 crore in the first close of its ₹500 crore electric vehicle (EV)-focused investment fund, aimed at bolstering domestic EV manufacturing and infrastructure. The fund, dubbed Folks Funds, is structured as an Alternative Investment Fund (AIF) Category II and targets full closure by the end of 2025. It […]

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MNRE Clarifies ALMM Exemptions for Net Metering & Captive Use

The Ministry of New and Renewable Energy (MNRE) has issued a latest clarification regarding the scope of exemptions under the Approved List of Models and Manufacturers (ALMM) for various types of solar power projects. In an office memorandum, the ministry responded to two key queries related to the applicability of ALMM for Net-Billing, Virtual Net […]

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IFC Backs $5mn Investment In Husk Power For Solar Mini-Grid

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $5 million investment in Husk Power Energy Systems Nigeria Limited to support the rollout of solar hybrid mini-grids in underserved communities across northern Nigeria. The financing, backed by the Government of Canada, is aimed at expanding access to reliable and […]

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