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ET Energy

Climate Risk for Renewable Energy Projects & Parametric Insurance

Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […]

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Envision Strengthens Leadership In India Wind Energy Market

Chinese Wind Turbine major Envision is the clear market leader in India, according to a report from MEC Intelligence. MEC Intelligence, (MEC+), is a specialist research and consulting firm for the marine, energy, and cleantech industries based out of India and Denmark. In its quarterly report on the wind sector in India, MEC highlights that, […]

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Adani Energy Acquires Essar’s Mahan-Sipat Transmission Assets

Gujarat-based Adani Energy Solutions Ltd (AESL), through its wholly-owned subsidiary Adani Transmission Step-Two Limited (ATSTL), acquired a 100% stake in Essar Transco Limited. The private transmission and distribution company has a growing smart metering portfolio. After obtaining requisite regulatory and other approvals the enterprise is valued at Rs.1,900 crores. The share acquisition is pursuant to […]

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Tesla Gets Approval For Shanghai Megapack Energy Storage Battery Plant

Tesla will be building a Megapack energy storage battery plant in China. The EV maker battery plant will come up near its electric vehicle gigafactory in Shanghai. According to a report, Tesla will invest around CNY1.5 billion (USD200 million) in the new megafactory. The factory will cover an area of about 20 hectares in the […]

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News Brief May 13 – Vesper Energy, Meta Solar Deal, UK Solar Farm

US-based Vesper Energy Sells Assets To Fortune 500 Energy Company Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets including solar farms, has sold its 100MW Deer Creek Renewable Energy project to an unnamed Fortune 500 energy company. Meta, Solarpack Collaborate on Solar Projects to Power Data Center in Indiana Meta and […]

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Green Energy Stocks Continue to face Tough Market Assessment- May 13

With green energy stocks, there is clearly nothing like half measures. Even today, when the market moved between losses and a marginal profit, green energy stocks moved much more sharply. For tata Power and Waaree Renewable Technologies, even record profits were not enough to prevent a drop, a full 5% in case of Waaree. On […]

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Grew Energy To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K

Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated solar module manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency solar modules and […]

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