Home » Daily Newsletter » SWRE Net Loss Contracts To Rs 99 Cr In December Quarter
Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With...
IRCON Renewable Power has issued a tender inviting bids to hire a project management consultancy (PMC) for solar power projects of capacity of 500 MW at Pavagada in Karnataka. IRCON Renewable Power is a subsidiary of the central government owned IRCON International. It’s a PSU...
Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs...
Spanish oil and gas major Cepsa has announced that it will be building three new solar power projects in Castilla-La Mancha of Spain. Cepsa said that the total capacity of the three farms will be 400 MW. Cepsa will develop the solar projects in the...
A new report by Wood Mackenzie says that the Inflation Reduction Act (IRA), a Biden law that accelerates renewables and decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. It said that a rise from $64 billion in...
Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action...
Goodwe India has been making rapid progress in the Indian market, hitting the 1.5 GW inverter capacity milestone during the year. The big number is not just an indicator of its product acceptance, but a base for the firm to build on its learnings and...
Electric vehicles are slowly on their way to replace ICE vehicles as the main option for mobility. However, to take over the market, electric vehicles must placate the various concerns associated with the technology. While the issues of range anxiety and high cost are getting...
NSE-listed EV Charging and solar power solutions provider Servotech Power Systems Ltd, has supplied 1400 EV chargers in a span of three months of November to January at different locations across the country. These chargers include public sector projects, retail customers, and other strategic alliances...
The convergence of climatetech and entrepreneurship has given the world some of the best energy solutions. In a recent development on this front, US-based Wingardium energy is building as well as distributing innovative wind turbines made by Kohilo Wind. These wind turbines are an interesting...
Electric vehicle maker Saera Electric Auto Private Limited (SEAPL) has entered into a vehicle financing contract with non-banking financial company (NBFC), AMU Leasing Pvt. Ltd (ALPL). The agreement paves the way for the customers of SEAPL looking to buy electric vehicles to avail financing options...
A provider of energy infrastructure and services for electric vehicles (EVs), SUN Mobility, has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines...
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