BHEL floats two O&M tenders for 40 MW of solar power

India's Peak Power Demand to Surge

India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.

The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..

Radiance Secures $150 Million Investment

Radiance Renewables is set to enhance its renewable energy portfolio significantly. The company has secured $150 million in funding to support a 2GW expansion of its solar power capacity. This ambitious project aims to bolster Radiance's position in the renewable energy sector and contribute to India's growing demand for sustainable energy solutions.

In addition to the expansion, Radiance is introducing cutting-edge robotic solar cleaning technology. This innovation aims to optimise the efficiency and maintenance of solar panels. Robotic cleaning systems offer a significant advantage ..

SolarEdge's Q1 2024 Net Loss Narrows

In Q1 2024, SolarEdge showcased a significant narrowing of its net loss, which stood at $108.6 million, marking a positive trend compared to previous periods. This improvement reflects the effectiveness of the company's strategic initiatives aimed at optimising operational efficiency and enhancing cost management. SolarEdge's robust performance in the face of market uncertainties underscores its position as a formidable player in the renewable energy sector.

Key highlights of SolarEdge's Q1 2024 financial report include increased revenue streams driven by sustained demand for its innov..