Capacity Additions

IEA’s PVPS Report 2024- Five Key Highlights

The International Energy Agency’s PVPS program or Photovoltaic Power Systems Programme is promoting and facilitating the exchange and dissemination of information on the technical, economic, environmental and social aspects of PV power systems. it currently has 31 members, with India, and even the India backed International Solar Alliance (ISA), notable absentees. However, their 2024 report […]

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ReNew Q2 Results-Highest Ever Profits, Portfolio At 13.8 GW

ReNew Energy Global Plc delivered on its promise to investors with a consistently improved performance for the three-month period ended September 30, 2023. This was indicated in its recent Q2 results. The firm continues to guide for 1.75 GW to 2.25 GW net additions to its portfolio this financial year. This is expected to ramp […]

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Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent

The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […]

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CERC Overrides SECI To Allow Wind Developer Extra 5% Capacity Addition

The CERC has given a nod to Green Infra Renewable Energy Limited (GIREL), which was looking to install an additional 5% capacity for its 249.90 MW wind power project located in Tuticorin District, Tamil Nadu and Kutch in Gujarat. Green Infra Wind Energy Ltd (GIWEL) is the parent company of GIREL and had won the […]

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ICRA Predicts 120-125 GW RE Capacity in India by December 2022

ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […]

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India’s Renewable Capacity Additions to Fall in Next 5 Years: BTI

India’s renewable capacity additions in the next five years is expected to fall down from previous estimates due to COVID-19 disruptions, according to BTI India’s total solar and wind (renewable) power capacity additions in the next five years is expected to reach only 35 gigawatt (GW) and 12 GW, respectively, down from previous estimates due […]

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