Home » Daily Newsletter » Adani Green Energy Q1 Results- Revenue Up 22% YoY
Adani Green Energy, the renewable developer arm of the Adani Group, has announced its Q1 results for Fy24-25. In the April June period, the firm recorded a topline of Rs 3122 crores, a 22% jump over the Rs 2550 crores recorded in the corresponding quarter...
The Akshay Urja Bhavan, hosting the office of the Ministry of New and Renewable Energy (MNRE) has now bagged the LEED 4.1 Platinum certification for ‘Green Buildings’. The building, unique in many senses, imbibes renewable energy and energy efficiency measures among others, paving the way...
On a day when almost all Solar EPC stocks faced losses, including high flyer Shakti Pumps, wind energy stocks Suzlon and Inox Wind stood out with a strong show. Both have the benefit of a strong quarterly performance and bulging order books, making investors bullish...
The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the...
NASDAQ listed ReNew, on July 23 inaugurated a 400 MW solar project in Rajasthan, as part of a 600 MW PPA signed with the Solar Energy Corporation of India Limited (SECI) to generate clean energy in Rajasthan for the next 25 years. The project was...
TP Renewable Microgrid (TPRMG), India’s leading solar microgrid company and a wholly owned subsidiary of Tata Power, has entered into a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB), renowned for its transformative impact on India's rural economy through its cooperative dairy...
Solar Thermal plants, a stop start technology for solar at scale is back in the news after SECI CMD RP Gupta announced plans for a 500 MW Concentrated Solar Power (CSP) tender by the end of the current financial year recently. The announcement has put...
Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom...
SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of...
Hindustan Zinc Limited (HZL), India’s largest and the world’s second-largest integrated zinc producer, has launched EcoZen, its low carbon ‘green’ zinc brand today. Recognized as the world’s most sustainable metals & mining company as per S&P Global CSA, the company has launched Asia’s first low...
Indian solar module manufacturer Bluebird Solar today announced collaborating with Cliantech Solutions to install an 800 MW fully automated solar panel manufacturing line at its facility in Greater Noida. This partnership aims to bolster production efficiency and meet the escalating global demand for renewable energy...
After a record breaking 2023 when it crossed the 215 GW mark on new solar capacity additions, China continues to surprise on the upside in 2024 as well. The country added 102.48GW of new PV capacity between January and June 2024,as per the National Energy...
Electric Vehicle (EV) charger manufacturer company Servotech Power Systems Ltd has received an additional order of around 400 units of DC Fast EV Chargers from Bharat Petroleum Corporation Limited (BPCL) and other EV charger OEMs (Original Equipmemnt Manufacturers). The project valued at around Rs 20...
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