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Google Has Invested $3.5 B In RE Projects, Will Invest More Worldwide

Google is going to pursue new technologies that advance the clean energy mission and run 24/7. It will invest in onsite green energy, battery storage, and micro grids, according to We Mean Business Coalition. Google has signed contracts to procure at least 3,000 megawatts across 26 projects and three continents investing $3.5 billion since 2007. […]

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IREDA Keen To Promote Renewable Energy Projects In Odisha

Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Ltd. (IREDA) met Suresh Chandra Mahapatra, Chief Secretary, Govt of Odisha, in Bhubaneshwar on May 13 over the prospects of Renewable Energy in the state. “IREDA is keen to promote more RE projects in Odisha, realizing the immense green energy potential in […]

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TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions

Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […]

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5 Upcoming Trends that will dominate the power sector in the new fiscal

The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […]

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Sungrow Wins Enterprise for Best Practices in Achieving SDGs in 2021 From UNGC

The United Nations Global Compact (UNGC) Network China unveiled the list of Enterprises for Best Practices in Achieving Sustainable Development Goals (SDGs) in 2021. Inverter major Sungrow was shortlisted given its outstanding practices in catalyzing global carbon neutrality. Offering access to affordable and reliable energy Sungrow is among the world’s leading renewable energy solution supplier […]

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Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth

The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […]

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Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus

Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […]

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ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22

Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company.  In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […]

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Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch

Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […]

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