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Solar Generation In India Improved In FY24: Fitch Ratings

In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […]

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Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity

Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […]

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Adani, Sterlite Power Complete Acquisition of Transmission Networks For 7 GW Evacuation from Khavda

Adani Energy Solutions Ltd (AESL), the transmission and distribution company of the Adani group, has completed the acquisition of the Special Purpose Vehicle (SPV) of the Khavda Phase IV Part-A transmission project, after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd. Khavda IVA Power Transmission Ltd, a special purpose vehicle […]

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Lead – Quality (SQA) – Solar Manufacturing

Responsibilities:- The key Roles and Responsibilities of team lead are to manage the working teams and… Supplier evaluations as per audit plans lead given by Techno commercial team. Ensure joint inspection at suppliers during initial development of raw material. Supplier onsite pre dispatch inspection for confirming incoming materials as per approved specifications standards. Ensure MDCC […]

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Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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5 Indian Solar Firms With Plans To ‘Make In USA’

Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […]

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Reliance To Boost Solar Manufacturing, AI-Led Green Data Centers

At Reliance Industries’ 47th Annual General Meeting (AGM) in 2024, Mukesh Ambani and his team outlined the company’s ambitious plans for the future, which included the focus on green and renewable energy and the sustainable growth sector.  This article outlines the highlights from the speech and Reliance’s plans toward sustainable development. Commitment to Green Energy […]

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MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […]

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UPNEDA To Develop Solar Project In Mau On Govt Land

The Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has now decided to develop a solar project in Mau district on government land. The state nodal agency for green energy has now also issued a tender in this regard for developing a 5 MW of solar project in the region. The last date of tender […]

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