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Australia Suspends Power Trading In Spot Markets

In a move meant to cool down ever higher energy prices and ‘hoarding’ so to say the Australian Energy Market Operator (AEMO) has suspended the wholesale electricity spot market across all five participating NEM states in the country. AEMO’s notice states that even as it is shutting the market wef June 15, it has been […]

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Olympus to Employ 100% Renewable Energy in Manufacturing, R&D

Japanese medical equipment and photography firm corporate Olympus Corporation has announced that from April 2022, the company has begun to exclusively source 100 per cent of the electricity used at its major research and development (R&D) and manufacturing sites in Japan from renewable sources. The official statement reveals that as a result, carbon dioxide emissions […]

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Tata Solar Commissions 66 MW Solar Project for Vibrant Energy

Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned an EPC (Engineering, Procurement and Construction) project of 66MW for Vibrant Energy. The firm claims that the project will produce 110,029 units of energy annually. The project is spread over 191 acres comprising 1,27,268 solar modules and has been completed within a nine-month […]

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ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration

Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […]

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GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat

General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […]

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ReNew Power Q4 Results, Total Income for FY 22 at Rs 6919 cr, Net Loss At Rs 1612 cr

ReNew Energy Global plc, has announced its consolidated results for Q4 FY22 and the fiscal year ended March 31, 2022. As of June 14, 2022, ReNew had a gross total portfolio of ~12.8 GWs of renewable energy projects across India, including commissioned and committed projects. Operating Highlights The commissioned capacity of the Company rose by 0.13 GWs during […]

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Amara Raja To Set Up Green Hydrogen Fueling Station In Leh for NTPC

Amara Raja Power Systems has announced that the company has received an order from the state owned National Thermal Power Corporation (NTPC) for the development of the first green hydrogen fuelling station on the heights of Leh in Ladakh region. Amara Raja Power Systems is a part of the $1.3 billion strong Amara Raja Group. […]

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NTPC Sets In Motion Commercial Operations Of 15 MW Kawas Solar

State-owned NTPC has started commercial operations of its 15 MW solar capacity at Kawas Solar Project in Gujarat on June 15. A statement released by the company reads, “…second part capacity of 15 MW out of 56 MW Kawas Solar PV Project at Kawas is declared on commercial operation with effect from 00:00 hours of […]

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Volvo Brings Solar Energy To Health Centres In Haryana And Uttar Pradesh

Volvo Car India has announced that the company has set up solar power panels at community and primary health centres in the northern Indian states of Haryana and Uttar Pradesh. Volvo has installed the solar power panels at a health centre in Jewar, Gautam Buddh Nagar (Noida) district in Uttar Pradesh. Also, the solar panels […]

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