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SolarEdge Q2 Net Income Jumps 53% YOY

SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […]

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Tata Power’s Q1 Generation Up 5.5% to 13,113 Mus

In line with its commitment to generate 30 percent to 40 percent power from non-fossil fuel sources by 2025, Tata Power is progressively increasing its renewable energy installations in India. Country’s one of the leading integrated power company, Tata Power’s generation capacity has increased by 5.5 percent to 13,113 MUs in Q1 FY19 as compared […]

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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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