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RE projects

Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy

Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […]

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Gensol Reports 29% Rise in Profits In Q2 Over Last Year

Gensol Engineering Limited a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated and standalone financial results for the second quarter and half year ended September 30th, 2024 (Q2 & H1 FY25). With a play across solar projects, O&M, […]

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NTPC Limited Reports 14% Jump In Net Profits In Q2

NTPC Limited today issued its financial results for the second quarter (Q2) of FY25. The firm’s latest results reported a 14 percent growth in net profits. On a standalone basis, NTPC’s total income for H1 FY25 was ₹86,298 crore, compared to ₹81,199 crore for the same period last year. Profit After Tax (PAT) for H1 […]

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Q2 Results: JSW Energy Reports Marginal Surge In Net Profits

JSW Energy Limited today reported its results for the quarter (“Q2 FY25” or the “Quarter”) ended September 30, 2024. Key Highlights of Q2 FY25 Operational: Net Generation increased 14% YoY at 9.8 BUs driven by wind capacity additions, higher generation at thermal and hydro plants Total RE generation is up by 14% YoY at 5.0 […]

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Saudi Arabia Shortlists Bidders for 3.6GW Solar Projects

The Saudi Power Procurement Company (SPPC) has announced a shortlist of bidders for its fifth round of tenders under the National Renewable Energy Programme (NREP), aimed at boosting the country’s solar energy capacity. This round targets 3.6GW of solar photovoltaic (PV) capacity across four projects. Bids for these projects were initially disclosed in February, and […]

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ARENA Funds Australia’s First Community-Led Electrification Trial

Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […]

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Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets

GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […]

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EverGreen, Datta Infra & Others Bag NTPC’s 1.2GW Hybrid Tender

NTPC Limited has announced the results of its 1200 MW wind-solar hybrid tender. The power giant awarded contracts to four renewable project developers: Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Ensersol (Datta Infra), and ReNew Solar. As per the auction results, Sembcorp, Adani Renewable, and ReNew Power secured projects at […]

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JSW Energy Signs 700 MW Solar Power Agreement with SECI

JSW Renew Energy Eleven Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The agreement covers the supply of 700 MW of solar energy through the Inter-State Transmission System (ISTS). This capacity was awarded under SECI’s Tranche XIII program. The power will […]

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