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Q2 Results: Sterling & Wilson Renewable Reports Higher Revenues, PAT

Public-listed renewable energy company Sterling & Wilson announced its financial results for Q2 of FY25 today. The consolidated financial results showed an increase in total revenues and net profits. The company reported total revenue of Rs 1,064 crore in Q2FY25, compared to Rs 927.89 crore in Q1FY25 and Rs 776.73 crore in Q2FY24. This represents […]

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Q2 Results: IREDA Reports 36% Jump In Net Profits

The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […]

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PGCIL Wins Interstate Transmission Project in Rajasthan

Power Grid Corporation of India Limited (PGCIL) has now emerged as the successful bidder for a major Inter State Transmission Project in Rajasthan. The project will be under Tariff Based Competitive Bidding (TBCB) process with an objective to finalize the transmission system for evacuation of power from the Rajasthan Renewable Energy Zone (REZ) Phase-IV. This […]

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West Bengal Proposes Allowing Net-Metering Only Upto 500 Kw

Unlike several state power regulators which allowed net-metering for higher capacities, the West Bengal Electricity Regulatory Commission (WBERC) has proposed allowing net-meter for rooftop solar only upto 500 MW of capacities. This is in contrast to states like Rajasthan, Gujarat and others which have allowed net-metering for rooftop solar consumers upto 1 MW capacities. The […]

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Premier Energies Signs 173.35 MWp MSA with BrightNight India

Premier Energies International Private Ltd., a subsidiary of Premier Energies Limited, has signed a Module Supply Agreement (MSA) with BN Hybrid Power-1 Private Limited, a Special Purpose Vehicle (SPV) of BrightNight India. According to the filing at the BSE by Premier Energies, it will supply 173.35 MWp of solar modules featuring the latest Topcon technology […]

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Gujarat: Zodiac Energy Secures 30 MW Solar Project From AMC

Gujarat-based Zodiac Energy recently secured an order from the Ahmedabad Municipal Corporation (AMC) to build a 30 MW ground-mounted solar project in its home state. The company is responsible for designing, supplying, installing, testing, and commissioning a grid-tied solar project. The contract also includes the erection, operation, and maintenance of the project for five years, […]

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Top 5: Battery Energy Storage Projects Commissioned in India

Battery energy storage systems (BESS) have solved a key challenge for renewable energy, addressing the fluctuating nature of sources like solar and wind. Globally, new solar and wind projects are now integrating modern energy storage systems to ensure a reliable energy supply. Countries like China, the US, and Australia are rapidly expanding their energy storage […]

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Khavda: Adani Green Signs JV Pact With TotalEnergies

Indian renewable project developer Adani Green has now signed a Joint Venture (JV) agreement with Singapore-based energy company TotalEnergies to boost the growth of renewable energy projects at Khavda in Gujarat. The JV had been announced earlier this month. “In continuation of the Company’s earlier submission dated September 02, 2024 and subsequent to approval of […]

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4-Year Project Delay Proves Expensive For Rajasthan Solar Developer

The Appellate Tribunal For Electricity (APTEL) bench has gone with the views of the Rajasthan Electricity Regulatory Commission (RERC) in a case (appeal no 172 of 2019) involving a solar power developer, Arjun Green Power Pvt Limited against the order of the former. Case Overview: Arjun Green Power Pvt. Ltd., a solar power developer, appealed […]

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