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TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions

Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […]

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SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit

In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […]

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Azure Power Q3 Results See Losses Narrow, Generation Up 36%

Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […]

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Chile to Hold 5.25GWh RE Auctions Over Next 15 Years

The Chilean Energy Regulator (CNE) has launched an auction to provide 5.25GWh of electricity to the national grid. This will take placevover a period of 15 years and the addition of electricity will begin from 2027. The new information has been shared by the Regulator on its website. According to the latest note, the consultation […]

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Ayana, Fortum bag 600 MW Solar Power Auctions for Gadag, Koppal in Karnataka

Leading solar power companies Project Eight Renewable Power Private Limited (Ayana) and Solar One Energy Private Limited (Fortum) have won 600 MW in Solar Energy Corporation of India’s (SECI) solar power auctions. This particular bid was for the Gadag Sub-Station. Talking about individual success of both the players, Ayana has won 300 MW capacity at […]

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Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed

The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […]

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SECI Announces Results of 1800 MW of Solar, Wind Solar Projects

On a big day for tender results, SECI has announced the winners of the tender for 1200 MW solar projects in Karnataka, under Tranche X of its tendering programme. Ayana Renewable Power (Represented by Project Eight Renewable Power Private Limited) and Fortum (Represented by SolarOne Energy Private Limited) have been awarded 300 MW each at […]

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Poland Awards 870MW Solar & 460MW Wind Capacity in RE Auctions

The Energy Regulatory Authority (URE) of Poland has selected 1.33 GW of solar and wind power capacity in 3 renewable energy auctions held in December 2021. Solar’s share is 870 MW of the total. Out of 5 auctions held in this month, only 3 were concluded, according to the URE, but all for new installations. […]

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Turkey Tenders 1.5 GW Solar Project for 5th Round of RE Auction

Turkey has invited bids for a 1.5 GW solar tender for the fifth auction round of its Yenilenebilir Enerji Kaynak Alanları (YEKA) renewable energy program, the submission of which must be done on January 12, 2022. The country’s Ministry of Energy aims to select 76 large scale PV projects with capacities ranging from 10 to 30 […]

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