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GoodWe Adds to its Utility Portfolio With Launch of HT Series 1500V PV String Inverter

On Friday 6 November the Indian solar industry witnessed GoodWe’s nationwide launch of the much anticipated HT Series. The Suzhou-based multinational is widely recognized as a global leader in Commercial & Industrial projects but has recently been adding to its Utility portfolio with larger and more powerful solutions. The event, held at the Pullman resort […]

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Investment Firm TRIG Acquires Stake in 714 MW East Anglia One Wind Farm

TRIG, a London-listed investment company, will acquire a 14.3 percent stake in the 714 MW East Anglia One offshore wind farm from GIG. The Renewables Infrastructure Group Limited (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has announced that it has exchanged contracts to acquire a 14.3 percent indirect equity interest/ […]

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Suzlon Posts Financial Results for Q2 FY21, PAT at Rs 670 Crore

The Suzlon Group has announced its second-quarter results for FY21 (Q2 FY21), with the performance considered encouraging in the current scenario. The Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has announced its second-quarter results for the financial year 2020-21 (Q2 FY21). The firm claims its performance has been […]

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Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme

The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […]

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Radiance Renewables Picks Prescinto To Monitor Its Solar Assets

Prescinto has announced that Radiance Renewables has hired them to be their primary monitoring and performance analytics software partner. Radiance is a developer of cost-efficient, renewable energy solutions for commercial, industrial and residential customers. The Ahmedabad, Gujarat-based Prescinto’s solution to aggregate data from all types of energy sources into one single analytics platform will be […]

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New Solar Energy Plan for Bangladesh Provides Solutions for Energy Security, Rising Costs

A shift in focus to renewables would help to reduce the need for power subsidies or tariff increases A new National Solar Energy Action Plan that has reportedly been drafted by SREDA – the Sustainable and Renewable Energy Development Authority – could be a significant and timely turnaround in Bangladesh’s renewable energy ambition. The report is coming […]

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Azure Power Posts Q2 2020 Financial Results

Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […]

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Tata Power Posts Strong Numbers in Q2 2021 Financial Results

Tata Power has announced its results for Q2 2021, reporting strong numbers in consolidated revenue and Profit after Tax Tata Power, India’s largest integrated power company, has announced its results for the quarter ended September 30, 2020 (Q2 2021), reporting strong numbers in consolidated revenue and consolidated Profit after Tax (PAT) as compared to Q2FY20. […]

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Odisha is now Power Surplus Thanks to Increase in Renewable Generation

The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […]

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