Author: Chitrika Grover

Q2 Results: First Solar Sees 24.6% Rise In Sales

US solar module manufacturer, First Solar, recently released the latest financial results for the second quarter ending June 30, 2024, in which the company made a net sales of $1.0 billion. In this quarter, the company saw an increase in sales by $0.2 billion from the previous quarter. First Solar in its second quarter reported […]

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UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain

The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […]

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AES Uses AI To Spur Solar Installations For Solar Farm

The AES-owned solar farm, which is under contract with Amazon, is utilizing a roboto called Maximo to help build the farm, aiming to reduce solar installation timelines with the support of new Amazon Web Services (AWS) technology. The AES Corporation introduced “Maximo”, an AI-powered robot that enhances solar installation speed, efficiency, and safety. Maximo is […]

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NTPC Achieves 76 GW Capacity, Adds 4 GW In FY24

NTPC, at its annual investor’s meeting, announced it has attained a 76 GW installed capacity by June end, of 2024. The company added 4 GW of capacity in FY24, with 21 GW currently under construction and 26 GW under planning. The latest addition was the completion of a small but prestigious 40 MW project at […]

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Green Energy Stocks On July 30 – Waaree, Suzlon In Demand

The firm might not have declared it, but the market clearly has high hopes from Waaree Renewable Technologies Q1 results. The stock was up 5%, after initially treading bottom at 5% down in the opening hour. On a mixed day otherwise, Wind energy stocks, particularly Suzlon enjoyed a strong day as well, as the market […]

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India Reduces AT&C Losses From 22.62% To 15.40% In 10 Years: Minister

India’s renewable energy installed capacity has recently surged to 4,46,190 MW in June 2024, up from 2,48,554 MW in March 2014, according to data shared by Minister of State for Power, Shripad Naik. In a written reply to the Parliament, the Minister noted: “India’s total installed capacity has increased from 2,48,554 MW in March 2014 […]

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India To See 9.17% Growth In EV Sector Workforce: TeamLease

TeamLease’s recent survey points towards a transition in the employment structure within the power and energy sector, particularly in the electric vehicle (EV) segment from April-September 2024-2025. TeamLease presented its ‘Employment Outlook Report’ for the first half of the fiscal year 2024-25 where it analyzed data from a wide-ranging survey of 1,417 employers across 23 […]

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Oriana Power Receives 10 MW Solar Project From Tamil Nadu

Delhi-based Oriana Power has secured a 10 MW solar project in Tamil Nadu. The company plans to execute the project during the financial year 2024-25. The company’s project order size is Rs. 37.18 crore. Earlier this week, Oriana Power secured a new solar plant project of 40 MWp capacity. This project will be implemented by […]

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Green Stocks July 29: Suzlon Energy Stock Moves Up, Gains 4.99%

In the stock market today, Suzlon Energy stocks took the lead as it gained 4.99% to move to the top of the list. This is followed by Gujrat-based Gensol Engineering whose stock price gained 3.98% growth. Other stocks that made progress in the stock prices are,  Adani Green, Inox Wind Energy, and SJVN Ltd those […]

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