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Indias Solar Energy Generation Increased 18% In CY24

Indias renewable energy sector witnessed a strong year-on-year growth in calendar year 2024 (CY24), with total renewable energy generation (including large hydro) reaching 3,87,553.52 million units (MU)a 14.8% increase compared to 3,37,745.63 MU in CY23, as per the latest data from the Central Electricity Authority (CEA). Solar Energy Sees Impressive Growth A major contributor to []

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Green Stocks Feb 5: Cautious Recovery Continues For Green Stocks

On a day when the midcap and small-cap indices were strong, the green energy cap also made the most of the recovery in the air. While Shakti Pumps was back at the upper circuit limit, seeking a return to previous highs, Adani Green also staged a smart recovery to trade well over Rs 1000 again. []

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Welspun To Infuse Rs 13,500cr For Boosting RE Energy In Odisha

Renewable energy company Welspun New Energy has now planned to infuse around Rs 13,500 crore in Odisha for boosting renewable energy projects in the coastal state. The company has planned to boost the growth of Pumped Hydro Storage (PHP) projects and floating solar projects in the state. The company recently signed a Memorandum of Understanding []

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News In Brief Feb 5: BrightNight Gets PPA, Amazon Solar Deal, Eco Waves Pilot Project In India

BrightNight, Cordelio Power Sign PPA To Supply Renewable Energy To Arizona BrightNight, a global renewable power producer, and Cordelio Power entered into a new power purchase agreement with Arizona Public Service (APS), an electricity provider in Arizona. Under the agreement, APS will purchase carbon-free energy from BrightNight and Cordelios Pioneer Clean Energy Center, a hybrid []

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5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025

Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a []

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January Power Market- DAM Prices Drift Lower, Green Volumes Up 218% YoY

Indian Energy Exchange, Indias premier electricity exchange, achieved monthly electricity traded volume of 10,910 MU in January25, marking a 16% increase on year-on-year basis. IEX recorded highest ever monthly trade of RECs in January 25.  A total of 38.03 lakh Renewable Energy Certificates were traded during the month, marking a 150% year on year increase. []

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JGM Engineering Mech

Experience with pressure vessels, tanks and Heat exchanges preferable in Water Industrial effluent treatment and Hydrocarbon / Chemical / Petro-chemical / Oil & Gas sectors Knowledge of  PVELITE tool and Manual design calculation using Section VIII, Div-I Good coordination skill with all the other Engineering disciplines, engineering sub-contractors, Vendors, and construction teams. Study of []

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Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs

Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders agreement with Prozeal Green Power and Pro-Zeal []

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Financial Results: Tata Power Reports 10% Profit Growth In Q3

Indian power company Tata Power today announced its financial results for the third quarter (Q3) of FY25. In its results, shared before the exchanges, the company has reported a surge in its profit, both on a quarterly basis and also on a yearly basis. In fact, as CEO Praveer Sinha stressed, this is the 21st []

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