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Investment Firm TRIG Acquires Stake in 714 MW East Anglia One Wind Farm

TRIG, a London-listed investment company, will acquire a 14.3 percent stake in the 714 MW East Anglia One offshore wind farm from GIG. The Renewables Infrastructure Group Limited (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has announced that it has exchanged contracts to acquire a 14.3 percent indirect equity interest/ […]

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Suzlon Posts Financial Results for Q2 FY21, PAT at Rs 670 Crore

The Suzlon Group has announced its second-quarter results for FY21 (Q2 FY21), with the performance considered encouraging in the current scenario. The Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has announced its second-quarter results for the financial year 2020-21 (Q2 FY21). The firm claims its performance has been […]

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Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme

The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […]

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New Solar Energy Plan for Bangladesh Provides Solutions for Energy Security, Rising Costs

A shift in focus to renewables would help to reduce the need for power subsidies or tariff increases A new National Solar Energy Action Plan that has reportedly been drafted by SREDA – the Sustainable and Renewable Energy Development Authority – could be a significant and timely turnaround in Bangladesh’s renewable energy ambition. The report is coming […]

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Azure Power Posts Q2 2020 Financial Results

Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […]

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Electrify America Surpasses 500 EV Public Charging Stations Milestone

Electrify America has opened more than 500 EV charging stations across the US, surpassing a significant milestone in the company’s expansion. Electrify America has announced that it has opened more than 500 electric vehicle (EV) charging stations across the US, surpassing a significant milestone in the company’s expansion. With more than 2,200 individual DC fast […]

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Sungrow Adds 95 MWac of PV Installations to Its Kazakhstan Portfolio

Sungrow, the global leading inverter solution supplier for renewables, announced that 95 MWac of 1500V medium-voltage central inverter solutions were operational well in Total Eren’s two solar PV projects in Kazakhstan to fully support the Central Asian renewable ambition. A Closer Look at the Landmark Plants The two solar projects, which are a 75 MWac […]

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To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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Tata Power Posts Strong Numbers in Q2 2021 Financial Results

Tata Power has announced its results for Q2 2021, reporting strong numbers in consolidated revenue and Profit after Tax Tata Power, India’s largest integrated power company, has announced its results for the quarter ended September 30, 2020 (Q2 2021), reporting strong numbers in consolidated revenue and consolidated Profit after Tax (PAT) as compared to Q2FY20. […]

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