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Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr

Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […]

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Vestas Bags Order for two Wind Projects in Complex Terrains of Vietnam

Vestas has secured an order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri province. Vestas has announced that it has secured another order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri […]

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ACC Okays Appointment of PK Das as CMD, IREDA

The Appointments Committee of the Cabinet (ACC), chaired by Prime Minister Narendra Modi, has provided its consent for the appointment of Pradip Kumar Das as new Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency (IREDA), a central power financial institution, as per the sources. ACC committee is comprised of the Prime Minister […]

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Solis 110kw String Inverter for Commercial Rooftop Applications

1. PRODUCT PROFILE Solis 110kW is designed to achieve low LCOE in commercial installations, increasing system returns through a more intelligent, reliable, efficient and secure string inverter technology solution. Solis is making full use of its fifth-generation technology platform in its new 110kW string inverter designed for commercial rooftop applications. The fifth-generation platform incorporates industry […]

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Startup Feature – E-Chargeup Solutions

Total employees: 5 Turnover: Rs 24.11 Lakh Key operational areas (Products, Regions, Clients) E-ChargeUp is a platform for battery swapping especially for the electric three wheelers. It has been operational since June 2019 and catered to 100 vehicles in Delhi, Noida and Gwalior. Founding Members detail E-ChargeUp was founded in 2019 by Varun Goenka. He has 10 years […]

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PM Stresses on Attracting Private Investments for Power Sector

Prime Minister Narendra Modi on Friday emphasized the need for enforcement of contracts effectively in order to attract private investments for the ailing power sector. He said during a detailed meeting held on the power sector with his team of Ministers. Prime Minister also took stock of the impact of the coronavirus. Narendra Modi also […]

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Tokyo Olympic Games 2020 Targets 100% Renewable Energy

The Tokyo Olympic Games for 2020 will be powered 100 percent by renewable energy, as revealed by the Sustainability Pre-Games Report. As per the report, the Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) is planning to deliver sustainable Tokyo 2020 games including the promotion of the use of 100 percent renewable energy at Olympic […]

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AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019

AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […]

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