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GE Power India Posts Net Profit of Rs 37.7 Crore in Q2 Results

GE Power India has issued its financial results for Q2, reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. GE Power India has issued its financial results for the second quarter (Q2), reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. The company had registered […]

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NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities

Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […]

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GoodWe Adds to its Utility Portfolio With Launch of HT Series 1500V PV String Inverter

On Friday 6 November the Indian solar industry witnessed GoodWe’s nationwide launch of the much anticipated HT Series. The Suzhou-based multinational is widely recognized as a global leader in Commercial & Industrial projects but has recently been adding to its Utility portfolio with larger and more powerful solutions. The event, held at the Pullman resort […]

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Investment Firm TRIG Acquires Stake in 714 MW East Anglia One Wind Farm

TRIG, a London-listed investment company, will acquire a 14.3 percent stake in the 714 MW East Anglia One offshore wind farm from GIG. The Renewables Infrastructure Group Limited (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has announced that it has exchanged contracts to acquire a 14.3 percent indirect equity interest/ […]

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Radiance Renewables Picks Prescinto To Monitor Its Solar Assets

Prescinto has announced that Radiance Renewables has hired them to be their primary monitoring and performance analytics software partner. Radiance is a developer of cost-efficient, renewable energy solutions for commercial, industrial and residential customers. The Ahmedabad, Gujarat-based Prescinto’s solution to aggregate data from all types of energy sources into one single analytics platform will be […]

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Sungrow Adds 95 MWac of PV Installations to Its Kazakhstan Portfolio

Sungrow, the global leading inverter solution supplier for renewables, announced that 95 MWac of 1500V medium-voltage central inverter solutions were operational well in Total Eren’s two solar PV projects in Kazakhstan to fully support the Central Asian renewable ambition. A Closer Look at the Landmark Plants The two solar projects, which are a 75 MWac […]

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Odisha is now Power Surplus Thanks to Increase in Renewable Generation

The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […]

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Inox Wind Approves Allotment of Rs 199 Cr NCDs to Investors

Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors. The firm announced that Board […]

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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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