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Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […]

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NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender

NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […]

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IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE

A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […]

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Bihar Biggest Beneficiary Of DDUGJY & Saubhagya Funding

Recently in parliament Union minister of Power and New and Renewable Energy R.K Singh shared data on the status of electrified and un-electrified villages under the Deen Dayal Gram Jyoti Yojana (DDGJY). The data shared by the union minister in a written reply to the parliament revealed, “Nearly 88,000 households of Particularly Vulnerable Tribal Groups […]

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CubicPV Blames Collapsing Prices To Abandon 10GW Solar Wafer Plant In US

US solar cell and module manufacturer CubicPV has abandoned its plans for a 10GW solar wafer manufacturing facility in the US and is “restructuring” its business to focus on its tandem technology module development. Plans for the 10 GW facility to manufacture wafers using CubivPVs  core silicon and perovskite technologies to provide semiconductor combination for […]

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MG Motors, BatX Partner For Off-grid Solar-EV Charging Stations

MG Motor India has announced its collaboration with Lithium-ion battery recycling firm BatX Energies for India’s first-ever off-grid, solar-EV charging station powered by repurposed MG EV batteries, marking a significant advancement in sustainable mobility. The product was inaugurated by Professor Ajay Sood, Principal Scientific Advisor to the Union government, in an event organized on the […]

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SJVN Receives LoI For 200 MW Solar Power Project From GUVNL

Satluj Jal Vidut Nigam (SJVN) Limited recently received a Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW Solar Power Project in GUVNL Phase XXII.  SJVN Chief Managing Director (CMD) Geeta Kapur, informed on the social media platform X, “SJVN has received a Letter of Intent from Gujarat Urja Vikas […]

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Inox Wind Signs Pact For India’s Single Largest 1500 MW Order from CESC

Indian wind energy company Inox Wind Limited (IWL) announced today that it has entered into a binding framework agreement with CESC Limited, one of the largest power utilities in India, for the installation/supplies of 1,500 MW of wind capacity over the next 3-4 years. The deal is for IWL’s latest DF/3000/145 Wind Turbine Generators (WTGs), […]

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Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects

Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […]

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