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solar business

Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss

Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […]

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Engie, Credit Agricole Agree To buy Spanish Form Eolia Renewables for €2 bn

French energy major Engie and insurance firm Crédit Agricole Assurances acquiring Spanish renewable energy company Eolia Renovables. By the end of the transaction, the two firms will own 97.33 % of Eolia. The deal will add 821MW of onshore wind capacity, 78MW of solar photovoltaic (PV) capacity and a pipeline of renewable projects whose total […]

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NTPC, Indian Oil Collaborate on Renewable Energy

NTPC Ltd. and Indian Oil have signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low carbon/RE RTC captive power. This is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country’s commitment to achieve renewable […]

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There Is Massive Potential For Decentralised Renewable Energy Appliances

Tushar Devidayal, the founder & CEO of Devidayal Solar Solutions Pvt Ltd (DD Solar) founded the firm in 2015. With an MBA from London Business School, he decided to  focus on designing and developing high quality, certified off-grid appliances like solar DC refrigerators, BLDC fans and coolers. The firm has made steady progress with its vision. An […]

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South India’s Largest Renewable Energy Expo, RenewX Returns With 5th Edition

Informa Markets in India, has announced the 5th edition of RenewX, a two-day Renewable Energy trade expo slated on November 19 and 20, 2021 at the Hitex, Hyderabad. RenewX 2021 will provide an Industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for generating business opportunities. The expo aims to […]

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TATA Projects Bags 120 km Transmission Line Project in Bangladesh

TATA Projects Limited, an Indian infrastructure company, has announced that it has forayed into Bangladesh’s Transmission and Distribution (T&D) sector by securing a 400 KV double circuit transmission line project valued at approximately INR 900 crore (USD 120 million) from Power Grid Company of Bangladesh Limited (PGCB). This 120-km length project from Barapukuria to Bogura […]

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CESL, Marriott International to Develop EV Charging Units & Related Infra

Aiming to boost electric vehicles (EV) adoption by strengthening the country’s charging infrastructure, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has signed a Memorandum of Understanding (MoU) with US-based Marriott International to construct and operate EV charging infrastructure in the hotels managed, licensed and franchised by the Marriott […]

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New SiemensGamesa Turbine for Vattenfall’s Big UK Offshore Wind Farms

Siemens Gamesa has been named Nominated Preferred Supplier by Vattenfall for the 3.6 GW Norfolk offshore wind power projects in the UK. The agreement includes the potential deployment of the new SG 14-236 DD offshore wind turbines and a multi-year service agreement. Located between 47 – 72 km off the English east coast, the agreement […]

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