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Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results

Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […]

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‘Roadmap 2030’ : New India-UK Partnership Against Climate Change

At the India-UK Virtual Summit (Roadmap 2030 for a Comprehensive Strategic Partnership) held on Tuesday, Prime Minister Narendra Modi and the British Prime Minister Boris Johnson signed off on a new shared roadmap which will pave the way for a stronger engagement over the next decade in the key areas of people to people contacts, trade […]

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10th Extension for SECI’s 15 MW Floating Solar Tender in Himachal

SECI has extended the bid submission deadline for its tender for setting up 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh The Solar Energy Corporation of India (SECI) has now, for the tenth time, extended the bid submission deadline for its tender for the selection of a project developer for setting […]

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Regulatory Over-reach in South Australia’s Switch-off of Household Rooftop Solar

IEEFA has detailed a ‘worrying’ precedent in South Australia where rooftop solar systems can be remotely switched off without householders’ knowledge. A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) details a ‘worrying’ precedent in South Australia where new measures allow for rooftop solar systems to be remotely switched off […]

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Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider

Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […]

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Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA

Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […]

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Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S

As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […]

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UCR Scientists Upcycle PET Bottles to Make EV Batteries

Could excess plastic waste be used to reduce carbon emissions? Sounds too good to be true? Well, researchers at the University of California, Riverside, have devised a way to turn polyethylene terephthalate (PET) found in consumer plastic bottles into material useful for producing sustainable energy storage. While the storage capacity of batteries made using this […]

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Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth

Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […]

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