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Q2 Results: JSW Energy Reports Marginal Surge In Net Profits

JSW Energy Limited today reported its results for the quarter (“Q2 FY25” or the “Quarter”) ended September 30, 2024. Key Highlights of Q2 FY25 Operational: Net Generation increased 14% YoY at 9.8 BUs driven by wind capacity additions, higher generation at thermal and hydro plants Total RE generation is up by 14% YoY at 5.0 […]

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Coal Generation To Remain 30% Higher Than Solar Generation: IEA

Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […]

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For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF

The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […]

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MERC Declines MSEDCL’s Plea To Not Allow Virtual Net Meters

The Maharashtra Electricity Regulatory Commission (MERC) in its latest notification decided to stick to its plan to roll out the facility of virtual net-metering for residential consumers especially living in multi-storeyed buildings. The state power regulator in its discussion on a draft regulation on the issue ruled out the pleas of the Maharashtra discom and […]

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Q1 Results: Tata Power Sees 31% Growth In Net Profits

Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis.  The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […]

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JSW Energy Reports 80% Rise In Net Profits In Q1

JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […]

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News Briefs July 9: Largest BESS In Netherlands, Vietnam Green Policy, Thai Solar Deal

Netherlands ‘largest’ co-located BESS Commissioned By Powerfield Dutch independent power producer (IPP) PowerField has commissioned a 52MWh BESS at a PV plant. Co-located with a 28MWp solar PV plant, the battery is supposed to be the largest in Netherlands. The solar and storage project in Wannepervee combines 28MWp of solar with a 52MWh BESS. The […]

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Records Continue to Follow Actor Manoj Kumar With Solar Generation At Mumbai Residence

Manoj Kumar, the yesteryear Bollywood hero known for the patriotic themes of his films, is still setting an example for the rest of his countrymen. By adopting a sustainable source of energy for his family’s needs. By integrating renewable energy into their societal commitments, the Kumar family has set an example for tinsel town’s many […]

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Bihar Set To Expand Its Network Of Floating Solar Plants

Bihar, one of the renewable deficit regions in India is now working on alternative plans to boost its renewable energy mix. The state has now pinned hopes on the potential of its water bodies to generate electricity. The eastern Indian state which already has worked to develop floating solar plants in Darbhanga and Supaul high […]

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