SOLAR EFFICIENCY
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
Clean energy gains fail to lift India's climate ranking
India's renewable energy initiatives have progressed, yet the country has dropped in the Climate Change Performance Index rankings. While India met its non-fossil fuel targets ahead of schedule, the challenge of generating electricity persists. The report highlights progress in solar and wind energy capacities and emphasizes the need for better storage solutions. Experts suggest that India should establish new, more ambitious goals for renewable energy.
In 1954, Bell Labs scientists Daryl Chapin, Calvin Fuller and Gerald Pearson unveiled a solar battery that helped advance solar-powered technology
On April 25, 1954, Bell Telephone Laboratories made a significant breakthrough by introducing a solar battery designed to power telephone systems. The focus was on enhancing efficiency, enabling solar cells to transform 6% of sunlight into usable electricity. While it started as a specialized technology, solar energy has seen remarkable adoption, with projections suggesting that by 2026, it will represent a major share of new energy production.
Tata Power Q2 Results: PAT jumps 33% YoY to Rs 1,652 crore, revenue rises 26%
Tata Power reported its highest-ever quarterly profit of Rs 1,652 crore in Q2 FY27, up 33% year-on-year. Revenue surged 26% to Rs 19,886 crore, supported by renewables, generation, distribution and a record Rs 10,000 crore first-half investment.
India weighs replacing old wind turbines to boost capacity by 50% without acquiring land
India is exploring a plan to replace ageing, smaller wind turbines with larger, more efficient machines to increase generation at existing sites without acquiring additional land. The Indian Wind Turbine Manufacturers Association estimates that 5-8 GW of old wind capacity could be repowered immediately, potentially raising capacity at these sites by nearly 50%. The initiative is being discussed with states including Gujarat, Maharashtra and Karnataka as India seeks to accelerate wind power deployment and meet its clean energy targets.
Enough of COP Jamborees
Falling solar and battery costs have made renewable energy commercially competitive with coal in India. As COP31 begins in Turkiye, the focus should shift to accelerating electrification of transport, promoting agrivoltaics, investing in transmission and grid stability, and ensuring reliable payments by discoms to sustain the country's green transition.
ETtech Deals Digest: Eloelo leads as weekly funding rises to $142 million, down 35% on-year
Eloelo led deal activity with $80 million, followed by Peppermint Robotics at $10.6 million, altM at $10.3 million, Two Point O Capital at $10 million, and PowerUp Money at $10 million. Crane Venture Partners was among the most active investors, backing Peppermint Robotics and Armatrix. Omnivore invested in altM and Two Point O Capital, while Flourish Ventures backed PowerUp Money.
The man behind Lord’s Mark: Dr. Sachidanand Upadhyay features in TIME Magazine for the third consecutive year
Dr. Sachidanand Upadhyay has gained recognition from TIME Magazine for his remarkable contributions to technology and innovation. Lord’s Mark Industries Limited is spearheading key projects in healthcare, defence, and sustainability. With critical product registrations achieved, the company is poised for international growth. Upadhyay envisions transforming India into a prominent technology and manufacturing hub, emphasizing the importance of homegrown innovation in the global marketplace.
In a divided world, COP31 aims for agreement on electrification
COP31, kicking off November 9 in Antalya, Turkey, is all set to spotlight the global push for electrification. With a target to raise electricity's contribution to final energy demand to 35% by 2035, nations are keenly examining how electrification can effectively curb fossil fuel use.
Jai Balaji Group plans Rs 6000 crore investment in West Bengal for steel and renewable energy sectors
Jai Balaji Group has announced an investment proposal of around Rs 6,000 crore in West Bengal. This investment focuses on specialized steel for railways, defense and aerospace applications, along with renewable energy initiatives. The expansion is expected to create over 20,000 employment opportunities in the region. Additionally, the company aims to enhance its production capabilities in precision engineering and specialized copper products.
In 2024, Cornell researchers grew radishes and radicchio between solar panels near Albany; shade reduced light and crop biomass, with radishes more affected
In a groundbreaking study, Cornell University researchers evaluated agrivoltaics in Albany, New York, focusing on crops like radishes and radicchio. Their findings revealed that solar panel shading led to considerable reductions in light and biomass. With agrivoltaic land usage in the U.S. having more than doubled since 2020, they advocate for strategic adjustments in planting schedules and crop choices to optimize synergy between agriculture and solar energy.
India’s solar components market to more than double to $7.8 billion by March 2028: CEEW
India's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased domestic manufacturing capacity and rising demand. Planned expansions of production facilities are crucial for meeting anticipated requirements. Additionally, ensuring consistent quality and reliable supply chains will enhance competitiveness against imports. The study emphasizes the importance of clear standards and regulations for the solar components industry.
EAM Jaishankar discusses economic partnership, CETA with UK’s Burnham on CHOGM sidelines
S Jaishankar met UK Prime Minister Andy Burnham in Antigua and Barbuda for CHOGM 2026 discussions. They focused on strengthening economic partnerships under the Comprehensive Economic and Trade Agreement. Jaishankar emphasized the importance of digital solutions and climate initiatives during a Commonwealth meeting. He highlighted local distribution networks and the role of the Indian business community in fostering connections.
After Japan and Korea, now Singapore: UP's big plan to build a foreign-style city near Noida airport; check location, sectors and investment plans
Uttar Pradesh is planning to develop a dedicated 'Singapore City' in Sector 7 near Noida International Airport at Jewar to attract foreign investment and boost regional growth. Following talks between Chief Minister Yogi Adityanath and a Singapore business delegation, the proposed project will focus on logistics, semiconductors, data centres, AI, green energy and modern urban infrastructure.
Renewable energy key to India's energy security, German envoy Jasper Wieck says
Germany underscores the critical role of renewable energy in fortifying energy security for India. During recent discussions, German Ambassador Jasper Wieck highlighted the necessity for India to domestically produce solar panels and batteries. The Bharat Renewable Energy Summit is instrumental in establishing partnerships between Indian and German firms for local production.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
Climate platform Two Point O raises $10 million led by Transition Venture Capital
The company plans to enter battery energy storage while expanding its existing offerings in solar power, energy efficiency, and wastewater treatment. It will also target customers in sectors such as data centres, automobile manufacturing, pharmaceuticals, and healthcare, where energy and water consumption are significant operating costs.
India's 500 GW RE target hinges on LDES scale-up; FY28 viability gap funding key enabler: IESA report
With a target of 500 GW of renewable energy capacity by 2030, India recognizes the urgent need for long-duration energy storage solutions. The India Energy Storage Alliance stresses the pivotal role of viability gap funding to promote quicker adoption of these technologies. Current data reveals substantial solar energy curtailment caused by grid restrictions, highlighting the necessity for strategic policy support and innovative business paradigms.
Microtek invests over Rs 400 cr to accelerate solar business growth
Microtek has announced a significant investment over Rs 400 crore for its solar business expansion in Jaipur. The new solar panel manufacturing plant is expected to become operational by November 2026 and will support the company's energy vision. The company is also highlighting its new Battery Energy Storage System to improve energy management for households.
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