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RE projects

5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025

Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […]

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Financial Results: Tata Power Reports 10% Profit Growth In Q3

Indian power company Tata Power today announced its financial results for the third quarter (Q3) of FY25. In its results, shared before the exchanges, the company has reported a surge in its profit, both on a quarterly basis and also on a yearly basis. In fact, as CEO Praveer Sinha stressed, this is the 21st […]

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Indus To Acquire Stake in Amplus Tungabhadra’s Solar Plant

In a pursuit of expanding its renewable energy portfolio, Gurugram-based Indus Towers has agreed to acquire a 26% equity stake in Amplus Tungabhadra Private Limited. Together, they will form a special purpose vehicle (SPV) to own and operate a Captive Power Plant (CPP). The company said in a regulatory filing, “Indus Towers is set to […]

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Shakti Pumps Tieups With ReNew For Supply Of DCR Modules

Indian solar pump manufacturer Shakti Pumps today announced increasing its capacity to procure additional DCR (Domestic Content Requirement) solar cell-based solar modules. The company today said that it has partnered with ReNew Photovoltaic Private Limited for the same. The company was earlier engaged in partnerships with Indian solar cell makers like Mundra (Adani) Solar and […]

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Budget 2025: Experts Expect Spur In India’s Renewable Growth

The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […]

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Australia Risks 12-18 GW Renewable Gap Due To Slow Investment, Study Finds

Australia has run into plenty of problems regarding its solar capacity. 2024 saw the continuing issue of curtailments as solar was regularly oversupplied to a grid run on baseload coal and gas power. The rush to build large batteries has helped, but not enough clearly. The National Electricity Market (NEM) is stalling investment in Australia’s […]

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Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push

The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […]

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Inox Wind Q3 FY25: Revenue Up 96%, EBITDA Jumps 192% YoY

Inox Wind Limited (IWL), a wind energy solutions provider announced a strong show for its financial results during the quarter ended December 31, 2024. In the quarter, the company’s order execution increased 82% YoY to 189 MW. The company’s revenue increased 96% year-over-year (YoY), and its EBITDA also grew 192% YoY.   IWL’s order book stood […]

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News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement

Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […]

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