Home » Daily Newsletter » Q3 Results: Waaree Renewable Reports 16.7% Dip In Net Profits
Indian renewable energy company Sterling and Wilson (SW Solar or SWREL) today announced its financial results for the third quarter (Q3) of FY25, alongside a report for the first nine months of the fiscal year. 127% Surge in Net Profits The company’s consolidated financial results...
The Andhra Pradesh government has planned to use solar energy in the state to tackle the issue of human-elephant conflict in Chittoor district. The state forest department has now issued a tender to erect tentacle-handling solar fencing around the Musalimandugu Elephant Camp in the Palamaner...
NTPC Limited has issued a tender on behalf of the Democratic Republic of São Tomé and Príncipe to develop rooftop solar projects in the African island nation. The Indian power giant stated that the International Solar Alliance (ISA) will finance the project. NTPC is overseeing...
Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar...
Suzlon Group today announced the successful completion of blade testing for We4Ce, a prominent wind energy player from the Netherlands, at its Blade Test Center Gujarat (BTCG). "This achievement not only highlights Suzlon’s technological leadership but also reflects its commitment to the ‘Make in India’...
ZETWERK, a marketplace for contract manufacturing recently appointed Vadim Yakubov as Chief Executive Officer (CEO) of Unimacts, its US subsidiary. This move strengthens ZETWERK's commitment to the US market and positions Unimacts for significant growth around the world. The company counts US market leader and...
In a fresh list of 37 entities that have been found to be allegedly using forced labour in China's Xinjiang province, a subsidiary of JA Solar finds itself banned from shipping goods to the US. The full list can be seen here. Donghai JA Solar...
Gensol Engineering Limited and Refex Green Mobility Limited have entered into a strategic tie-up for the transfer of 2,997 electric four-wheelers (e4Ws) owned by Gensol to Refex. This strategic tie-up will involve Refex eVeelz assuming Gensol’s existing loan facility, streamlining operations, and enhancing the deployment...
In one of the larger orders for DC fast chargers , Ahmedabad based Lubi Industries has been awarded a major contract by Bharat Petroleum Corporation Limited (BPCL) to manufacture, supply, install, and commission 1,400 fast DC EV chargers across the country. The order when executed...
NTPC recently issued a tender to build and test a pilot project for proof of concept to replace diesel generators (DGs) with battery energy storage systems (BESS) at the Dadri Thermal Plant. The plant will be located at NTPC Dadri Stage-I. NTPC sought bids from...
The Joint Director of the Tripura Renewable Energy Development Agency (TREDA) issued an e-tender, soliciting bids to set up a Pumped Storage Project in Tripura from prospective bidders. The agency, on behalf of the organization, invited tenders to establish consultancy services for the preparation of...
United States (US)-based TELO Trucks, makers of electric pickup trucks has partnered with Aptera, a company having expertise in solar-powered EV technology. The association is for introducing integrated solar panel options for the TELO MT1. This feature empowers buyers to select up to three solar...
India saw 2024 as a pivotal year for renewable energy, surpassing the 200 GW threshold in installed capacity. Solar energy installed capacity registered a healthy 8% y/y growth in CY24. The SBI Caps report noted exceptional growth and a blip in energy demand, with the...
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