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Australian Solar Developer’s Modular Solar Tech to Power Lithium Mine Project

Australia based solar energy technology developer 5B has said that it will be partnering Zenith Energy to develop the Kathleen Valley Lithium project in Western Australia. The solar project will supply green energy to the biggest battery metals mines. The project will be powered by 5B Maverick technology- a ground mount solar solution designed to […]

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Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44%

Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […]

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TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023

French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […]

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GUVNL Issues Tender For 500 MW Solar Power Projects

Gujarat Urja Vikas Nigam Ltd. (GUVNL) has issued tender inviting bids for purchase of power through competitive bidding process [followed by reverse e-auction] from 500 MW grid connected solar photovoltaic power projects (Phase XIX) to be set up anywhere in India with greenshoe option of additional upto 500 MW. GUVNL tender puts the last date […]

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IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU

The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […]

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GRIDCO to Purchase 400 MW Wind Power from SECI

The Grid Corporation of Odisha (GRIDCO) – a public sector undertaking of Odisha State Government – has said that it will be procuring 400 MW low cost wind power from Inter State Transmission System (ISTS) connected wind energy projects in Karnataka and Gujarat. The green power purchase by GRIDCO will be through Solar Energy Corporation of […]

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China Fears Recede Somewhat, As EU’s Green Deal Industrial Plan Worries About US

If you thought that the renewed push for manufacturing in the US, EU and even India for that matter, was linked to countering China’s dominance of global manufacturing, think again. The European Union has finally released details of its $270 billion Green Deal Industrial plan to spur manufacturing in the continent. In what many see […]

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Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023

Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […]

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