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Solar Generation In India Improved In FY24: Fitch Ratings

In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% []

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Inox Winds EPC Arm Resco Global To Raise 350cr Equity

Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and []

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Lead Quality (SQA) Solar Manufacturing

Responsibilities:- The key Roles and Responsibilities of team lead are to manage the working teams and Supplier evaluations as per audit plans lead given by Techno commercial team. Ensure joint inspection at suppliers during initial development of raw material. Supplier onsite pre dispatch inspection for confirming incoming materials as per approved specifications standards. Ensure MDCC []

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Renewables Contribute Only 4% To NTPCs Turnover in FY24

According to the latest numbers from Indias power giant NTPC, renewable energy assets contribute a mere 1.23% to the companys turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limiteds Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the companys total turnover. The report reveals that []

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5 Indian Solar Firms With Plans To Make In USA

Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the worlds solar wafers and over 80% of the worlds polysilicon. These two components alone account for more than half the value []

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Reliance To Boost Solar Manufacturing, AI-Led Green Data Centers

At Reliance Industries 47th Annual General Meeting (AGM) in 2024, Mukesh Ambani and his team outlined the companys ambitious plans for the future, which included the focus on green and renewable energy and the sustainable growth sector.  This article outlines the highlights from the speech and Reliances plans toward sustainable development. Commitment to Green Energy []

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SECI Appoints Sivakumar V Vepakomma Its Director (Power System)

The Solar Energy Corporation of India (SECI) today announced the appointment of Sivakumar V Vepakomma as its new Director for Power System. Prior to this, Sivakumar served at NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Ltd as Chief General Manager. There he was responsible for engineering, contracts, commercial and business development functions. []

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Green Stocks Aug 30: KPI Green Energy, Shakti Pumps Stocks Shine

This weeks stock market closed on a brighter note, with the majority of green energy stocks witnessing positive growths. KPI Green Energy and Shakti Pumps showed upward movement, with their stock prices rising by 4.79% and 3.57%, respectively. Other companies whose stock prices gained today included Waaree Renewable Technologies, Sterling and Wilson Renewable Energy, TATA []

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Lead Engineer QBD

Responsibilities:- Driving Quality Before Delivery (QBD) level 4 (Escalation from factory manager to Regions/ Business unit leader level) & level 5 (Escalations from Business unit leader to Chief operating officer) issues for solutions. Responsible for systematic problem management for the escalated issues at BU leader and COO level at the set timelines this requires []

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