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On a day when heatwaves across the country and soaring power demand indicates a hot summer ahead, the focus was clearly on coal stocks, and not green energy stocks today. Consider how despite a dropping share of generation capacity, thermal’s share of actual generation has only been climbing, with power plants set to enjoy their […]
The Gujarat Electricity Regulatory Commission (GERC) in its latest judgement ordered the Gujarat discom-Uttar Gujarat Vij Company Limited (UGVCL) and govt entity Gujarat Energy Transmission Corporation Limited (GETCO) to refund the amount charged to solar generators on account of delays. The case was filed by Arka Energy, Aditya Energy and their clients jointly against UGVCL, […]
Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […]
Stonepeak, an alternative investment firm specialising in infrastructure and real assets, and CHC, a battery energy storage system project development and electricity data management company headquartered in Singapore, have announced the creation of a platform focused on the development, construction, and operation of energy storage projects in Japan. The platform will focus on developing, constructing, […]
The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […]
Origin Energy has filed an environmental study with the Australian government for the construction of a new 500 MW/2,000 MWh battery energy storage facility to be developed near Kogan, approximately 40 km west of Dalby in Queensland’s Darling Downs region. The largest combined cycle gas-fired power plant in Australia, the 630 MW Darling Downs power […]
The Steel Authority of India (SAIL) flagship plant, Bhilai Steel Plant (BSP), plans to increase its green energy efforts by putting in solar power systems throughout its township and grounds. To carry out solar power generation projects, BSP and the Chhattisgarh State Renewable Energy Development Agency (CREDA) have inked a memorandum of agreement. With the […]
Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […]
KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of the Company or other securities convertible into or exchangeable for […]
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