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ET Energy

Green Stocks July 22: After Rise In Q1 Profits, Shakti Pumps Stock Price Grows 5%

A day ahead of the Union 2024 Budget, the green energy company witnessed gains in the stock market, with Shakti Pumps taking the lead with 5% gains, followed by Inox Wind Energy, SJVN, and Sterling and Wilson Renewable those stock prices grew by 3.72%, 2.24% and 2.78% respectively. This comes days after Shakti Pumps reported […]

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India To See 8% Rise In Electricity Consumption In 2024: IEA Report

A latest report from the International Energy Agency (IEA) said that India’s total electricity consumption is set to rise by around 8 percent in 2024. It also said that power consumption is set to the rise significantly in countries like China, India and the United States (US). IEA’s latest report titled ‘Electricity Mid-Year Update’ talked […]

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Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank

Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […]

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DCS Engineer (Assistant Manager/Deputy Manager)

If you are a DCS professional, Emerson has an exciting role for you! We are looking for a Project Engineer to work with our energetic Power Greenfield team. In this role, you will work independently and/or as part of a team to design, implement and should have adequate experience in Hardware Engineering, Panel design, Understanding […]

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JSW To Add New Solar Capacities To Karnataka’s Pavagada Solar Park

JSW Energy Limited received a Letter of Award (LoA) from Karnataka Renewable Energy Development Limited (KREDL) for setting up a 300 MW solar power project at Pavagada Solar Park in Karnataka. Pavagada Solar Park in the Tumkur district of Karnataka is one of the largest solar parks of India. It is also the single site […]

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Financial Results: Shakti Pumps Reports Stunning Profits In Q1

Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) has now published its financial results for the first quarter (Q1) for the financial year 2024-25 ending June 30. The Madhya Pradesh-based renewable energy company has reported an increase in its net profit on a Year-On-Basis (YoY). The financial results revealed that the company’s revenue increased […]

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Rooftop Solar: MNRE To Incentivize Discoms For Performance

The Ministry of New and Renewable Energy (MNRE) has now decided to incentivize the power distribution companies (Discoms) in the country for their good performance in the rooftop solar business. The ministry also issued a set of guidelines on the same under the PM Surya Ghar scheme to bring a clarity on the incentivization intervention. […]

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Senior HVDC Tender Manager

Responsibilities:- Develop a tendering strategy based on market intelligence and inhouse experience and expertise. You will lead the tender team in creating a complex tender from both a technical and commercial perspective, supported by technical, legal, tax, insurance, and commercial experts. Digesting and translating client requirements and needs into a competitive overall solution based on […]

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Global Battery Demand Can Quadruple To 4,100 GWh By 2030, Says Report

Global battery demand is expected to quadruple to 4,100 gigawatt-hours (GWh) between 2023 and 2030 as electric vehicle (EV) sales continue to rise. As a result, OEMs must hone in on their battery strategies, according to a new report by Bain & Company. Over 250,000 electric cars were sold globally every week in 2023, more […]

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