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renewable energy

Maharashtra invites bids for 325MW of wind energy supply

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued tender inviting bids for the supply of 325 MW of Wind Power on a Long Term basis. The exercise is being undertaken for intra-state wind power projects. According to the notification, the last date for bidding is kept at June 9, 2022. It says that the []

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AGEL to issue shares worth Rs 3,850 cr to Green Energy Invt Holding

Adani Green Energy Ltds (AGEL) management committee on Thursday approved the allotment of two crore equity shares for Rs 3,850 crore to Green Energy Investment Holding RSC Ltd. Management committee of the Company, at its meeting held today approved allotment of the equity shares of Company by way of the private placement on a preferential issue []

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US probe into solar imports threatens almost 2/3 of planned capacity additions in 2022: Rystad Energy

As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an investigation into panel imports from southeast Asia, Norway-based Rystad Energy research shows. The US was expected to install 27 GWac of solar energy capacity in the utility, residential, and commercial []

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Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer

Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore  over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff []

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Austrias Verbund bags renewable portfolio in Spain

Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 []

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Shift To Renewable Is Slow And Unable to Stop Power Cuts In US

Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, As we go forward, we need to know that when you put in a solar panel or a wind turbine, its []

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India and Italy Will Partner for Green Hydrogen, Biofuel, Energy Storage

According to an official joint statement announced by the two countries, India and Italy will develop partnerships in key renewable energy sectors like green hydrogen, biofuels and energy storage. The decision came after Indias External Affairs Minister S Jaishankar met the Italian counterpart Luigi Di Maio in New Delhi. The Italian foreign minister was on []

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TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions

Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to []

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GE Renewable buys stake in 3D Printing Firm COBOD International

GE Renewable Energy has said that it has done a minority investment in COBOD International, the company providing the 3D printer used at the Bergen research facility and has helped the development of renewable energy in various countries. Officials from both companies said the investment will build on an existing relationship with COBOD International first []

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