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H1 Results: Trinasolar Ships 34 GW Solar Modules Globally

Global solar module manufacturing company Trinasolar has now published its financial report for the first half (H1) of 2024-25. The company reported a revenue of $6.047 billion and net profit attributable to the parent of $74.058 million during this period, the firm said. The green Chinese company said that over the six months, the company […]

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KPI Green Leads Again With Lowest Bid In 500 MW GUVNL Auction

Surat-based KPI Green Energy (Rs2.67), Avaada Energy (Rs 2.68), Solarcraft Power  India -BluPine (Rs 2.69) , Hinduja Renewables and NRC Industries (Rs 2.72) have emerged winners in the 500 MW solar auction from Gujarat Urja Vikas Nigam Limited (GUVNL). The tender, released in March this year, continues the trend of state discoms attracting bids over […]

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Swelect, Grew & Renew Win SECI Bid For DCR Solar Modules

The Solar Energy Corporation of India (SECI) has released the results of its tender where it sought domestic solar panels with domestically manufactured solar cells from Indian solar module manufacturers. SECI declared Swelect Energy Systems, Grew Energy and Renew Photovoltaics Pvt Ltd as winners for the bid. The SECI tender had asked for bids for […]

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Suzlon Q3 Results: Net Profits, EBITDA See A Hike On YoY Basis

Indian Wind Turbine manufacturer Suzlon announced its financial results for Q3 for FY24. The Pune-based firm reported a 160 percent rise in its net profit in Q3 on a Year-on-Year (YoY) basis.  In its filing before the Bombay Stock Exchange (BSE), the publicly listed company reported that its net Profit After Tax (PAT) reached Rs […]

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Railways Awards Contracts To 6 Firms For Its 750MW RE Project

The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […]

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Adani Green’s RE Capacities Grew 43% in Q1 on YoY

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […]

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Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24

Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […]

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ReNew Reports 47% Growth In Total Income In Q4 On YoY-Basis

Renewable energy company Renew announced its Q4 and FY23 results today, indicating its growth in renewable capacities and total incomes. A release from the cleantech company said by the end of March 31 this year, the company’s portfolio stood at 13.7 Gigawatt (GW). It reported a total of 28.2 percent increase year-on-year (YoY). It claimed […]

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Wacker Chemie Rides Polysilicon Boost To Double Sales in 2021

One of the earliest global polysilicon manufacturers, German chemical group Wacker Chemie made the most of the massive surge in demand, and prices for key solar raw material polysilicon in 2021, which hit a decade high during the year. The firm doubled its polysilicon sales boosting  earnings even as it coped with higher raw material […]

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