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Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent

The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […]

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Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator

According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […]

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UK Renewable Energy Developer Field Sets Sights on Multi-Gigawatt Battery Projects in Italy

UK-based renewable energy developer Field has set sights on expanding operations into Italy. The firm is mulling over the development of a multi-gigawatt portfolio of battery storage projects across Italy. Field is looking at the acceleration of the deployment of large-scale battery storage projects in the country. The firm will look into the operation of […]

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Saurabh Kumar is Appointed Head of Global Energy Alliance for People and Planet

The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Saurabh Kumar as the Head of GEAPP in India. GEAPP is an alliance of philanthropy, local entrepreneurs, government, technology, policy, and finance, with a singular focus on solving energy poverty within a green energy transition. Saurabh Kumar brings over 20 years […]

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Google Looks at Powering Data Centres with Wind Energy in Belgium, Netherlands

Tech giant Google has firmly set its sights on curbing carbon footprints and powering its date centres with renewable energy. To turn these goals into reality, Google has been on a PPA-signing spree with renewable energy firms. In the most recent news, the American firm has revealed that it has signed two PPAs in Belgium […]

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Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status  

The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […]

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KPI Green Energy Completes Charging of 61.97 MW Wind-Solar Hybrid Capacity

Surat-headquartered KPI Green Energy has announced that it has accomplished the charging of 26.l0 MW wind-solar hybrid project. This entails 16.l0 MW wind and 10 MW CIC solar capacity. The project is established in Bhungar site in Mahuva, Bhavnagar under the firm’s own power generating asset portfolio. The firm has further revealed that it has […]

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KSEB Gets Nod for KfW Funding for Green Energy Corridor Projects

The Kerala State Electricity Board (KSEB) has received the green signal from the German development bank, KfW, for securing a loan for the Green Energy Corridor (GEC) project that it is implementing. The signatories of the pact will be the State government, KSEB and KfW. It may be recalled that the Central government and KfW […]

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Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan

London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […]

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