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Gensol Reports 29% Rise in Profits In Q2 Over Last Year

Gensol Engineering Limited a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated and standalone financial results for the second quarter and half year ended September 30th, 2024 (Q2 & H1 FY25). With a play across solar projects, O&M, […]

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NTPC Limited Reports 14% Jump In Net Profits In Q2

NTPC Limited today issued its financial results for the second quarter (Q2) of FY25. The firm’s latest results reported a 14 percent growth in net profits. On a standalone basis, NTPC’s total income for H1 FY25 was ₹86,298 crore, compared to ₹81,199 crore for the same period last year. Profit After Tax (PAT) for H1 […]

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ARENA Funds Australia’s First Community-Led Electrification Trial

Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […]

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EverGreen, Datta Infra & Others Bag NTPC’s 1.2GW Hybrid Tender

NTPC Limited has announced the results of its 1200 MW wind-solar hybrid tender. The power giant awarded contracts to four renewable project developers: Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Ensersol (Datta Infra), and ReNew Solar. As per the auction results, Sembcorp, Adani Renewable, and ReNew Power secured projects at […]

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Surged Financial Backing Spurring the Indian RE Growth: Report

As the country pushes toward achieving 500 GW of non-fossil fuel energy by 2030, renewable energy now comprises 43.5% of India’s total power capacity, signaling exponential growth for the industry, a latest report from Rubix Data Sciences said. The report offers key insights into the key drivers, emerging trends, and challenges shaping the renewable energy […]

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Himachal Pradesh Invites Private Players To Expand EV Charging Network

The Himachal Pradesh Cabinet, in a recent meeting, approved involving private players to expand the EV charging station network along the state’s six green corridors. It was highlighted that 77 EV charging stations are already operational on these corridors. The Cabinet also approved the establishment of automated testing stations for vehicle fitness assessments, utilizing advanced […]

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Is India Ready To Welcome Its Largest Ever Wind Turbines?

Dongfang Electric Corporation, a Chinese wind turbine manufacturer, made waves in the global wind market this month by launching the world’s largest wind turbine, with a capacity of 26 MW. This massive turbine was specifically designed for a wind project near Fujian in China. Chinese manufacturers are widely recognized for producing some of the largest […]

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NVVN’s 500MWh Storage Tender Breaks New Ground With Record Low Tariffs

NTPC Vidyut Vyapar Nigam’s (NVVN) first standalone energy storage tender has broken new ground with record low tariffs. While the bids come with viability gap funding, even after accounting for that, the winning bids are lower than the lowest seen so far at Rs 3.41/unit by SECI. The tender with a  total capacity 500 MW/ […]

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Clean Energy Projects Dominate In Nine BRICS Countries: Report

BRICS is set to hold its latest summit in Russia, marking the 16th annual summit for the association. The summit will take place from the 22nd to the 24th of October this year to discuss the burgeoning economic and global challenges faced by the countries. The summit also sets the stage to evaluate the changes […]

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