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Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr

Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […]

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Tata Power Posts Q4 Net at Rs 1,478 cr on Impairment Reversal for Mundra

“The consolidated net loss of the company stood at Rs 226.93 crore during the same period a year ago,” said Tata Power Company in a statement. India-based power generator and distributor Tata Power Company reported a robust consolidated net profit after tax at Rs 1,477.50 crore in January-March quarter of 2018, on the back of […]

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World’s New Power Generation Banking on Sunshine

The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […]

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Nuclear Power and Renewables Propelling Clean Power Generation

The highlight of the ‘Paris Agreement’ at the United Nation’s COP21 global climate conference held in late-2015 was its ‘binding’ aspects for the signatory countries. Although partial in their scope, these constitute a more decisive step compared to the earlier global climate summits. To make the emission reduction commitments made by nations, called ‘Intended Nationally […]

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Cabinet Approval Soon for Rs 50k cr KUSUM Scheme on Solar Farming

We would be able to implement the scheme in first half of this fiscal, says Anand Kumar. The KUSUM scheme may soon get the Cabinet nod by this month end and will be rolled out in the first half this fiscal, a senior official said. On the launch of TERI year book, New and Renewable Energy Secretary Anand Kumar said, […]

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Sunnova Introduces SunSafe Solar Energy Generation and Battery Storage Service in California

Sunnova offers a broad and comprehensive solar portfolio, and with Sunnova SunSafe, Sunnova is now the only residential solar service provider to offer a 25-year solar plus battery storage lease with a comprehensive warranty and performance guarantee. Sunnova Energy Corporation, the largest privately held U.S. residential solar and battery storage technology service provider, has begun […]

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Cabinet to Vet Rs 48,000 Crore KUSUM Scheme for Solar Power by March

KUSUM will also improve the present scheme for rooftop solar systems. The government is enlarging the scope of the existing scheme and its mechanism, he said adding that the government is thinking of beginning KUSUM with 7.5 lakh solar pumps.     In a significant development, the Rs 48,000-crore KUSUM scheme to promote the use […]

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Capital Stage Acquires Two Solar Parks in The Netherlands

Capital Stage says that the two solar parks have a total generation capacity of 47.6 MW and are expected to be completed in 2018. Germany-based solar and windfarm operator Capital Stage has acquired two planned solar parks in the Netherlands market for the first time from Dutch project developer Sunstroom Engineering B.V. The solar parks […]

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India Plans Rent a Roof Policy to Boost Solar Power Generation

Under this policy developer will take rooftops on rent and will offer lease to each household, and then feed the power to the grid, says MNRE secretary. To achieve the ambitious target of adding 100GW of solar energy by 2022, the Government is planningon a “rent a roof” policy, said Anand Kumar, secretary in the […]

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