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ET Energy

JSW Energy Reports 80% Rise In Net Profits In Q1

JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […]

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Zinc-Bromine Batteries Set To Find Usage In Energy Storage

The flowless zinc-bromine battery (FLZBB) is a promising alternative to flammable lithium-ion batteries due to its use of non-flammable electrolytes. However, it suffers from self-discharge due to the crossover of active materials, generated at the positive graphite felt (GF) electrode, to the negative electrode, significantly affecting performance. Now, researchers have developed a novel nitrogen-doped mesoporous […]

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Even Better Together- Five Ways Solar Is Better With Other Green Energy Options

Solar power is the fastest-growing energy source globally. The Global Market Outlook for Solar Power 2024-2028 report reveals that in 2023, global solar installations surged by 87 per cent compared to the previous year. In 2023, 447 GW of new solar capacity was added, up from 239 GW in 2022, bringing the world’s total solar […]

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NDMC Set To Procure 200MW Solar Energy From SECI

The New Delhi Municipal Council (NDMC), has decided to procure 200MW of solar power to transition to renewable energy sources in the region. The project will be executed in collaboration with the Solar Energy Corporation of India (SECI). The discom serving NDMC areas in New Delhi is Tata Power DDL.  This project aligns with NDMC’s […]

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Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project

Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […]

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SC Net Zero Ventures Raises €125 Mn For Energy Transition

SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […]

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Climate Risk for Renewable Energy Projects & Parametric Insurance

Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […]

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Envision Strengthens Leadership In India Wind Energy Market

Chinese Wind Turbine major Envision is the clear market leader in India, according to a report from MEC Intelligence. MEC Intelligence, (MEC+), is a specialist research and consulting firm for the marine, energy, and cleantech industries based out of India and Denmark. In its quarterly report on the wind sector in India, MEC highlights that, […]

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