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renewable energy power

CSP Capacity Needs To Touch 196.7 GW By 2030: Report

A latest report from the International Renewable Energy Agency (IRENA) claimed that in a scenario aligned with the Paris Agreement, global installed Concentrated Solar Power (CSP) capacity will need to reach 196.7 GW by 2030. The report dealt with various issues related to the growth and challenges to the sector. The report said that global […]

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Amazon To Add Three New Wind Farm Projects Across India

American multinational technology company, Amazon has invested in three new wind energy projects across India, further expanding its presence in India. The new projects include wind farms in Karnataka, Maharashtra, and Tamil Nadu. Its latest investment expands the company’s renewable energy portfolio in India which now comprises 53 solar and wind projects nationwide.The new wind farms […]

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Q3 Results: KPI Green Revenues Up 60%, PAT Grows 86% In Q3

Gujarat-based KPI Green Energy continues to demonstrate strong financial growth, with an increase in its turnover in the third quarter of FY 2024-2025 (Q3 FY 2024-2025). The company’s total revenue recorded, Rs. 466.1 crore, reflected a 40.6% increase from 331.33 crore in Q3 FY 2023-2024. This growth is driven by expanded project execution, increased capacity […]

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CtrlS Datacenters Unveils Captive Solar Farm — GreenVolt1

CtrlS Datacenters Ltd, a data center operator, unveiled its captive solar farm, GreenVolt 1, in India. Phase I, with a capacity of 62.5 MWp, went live in June 2024, while Phase II, with an additional capacity of 62.5 MWp, is under implementation. CtrlS has spent over a year in R&D optimizing the project and complying […]

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Green Stocks Feb 5: Cautious Recovery Continues For Green Stocks

On a day when the midcap and small-cap indices were strong, the green energy cap also made the most of the recovery in the air. While Shakti Pumps was back at the upper circuit limit, seeking a return to previous highs, Adani Green also staged a smart recovery to trade well over Rs 1000 again. […]

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MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra

In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA)  in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […]

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News In Brief Feb 5: BrightNight Gets PPA, Amazon Solar Deal, Eco Wave’s Pilot Project In India

BrightNight, Cordelio Power Sign PPA To Supply Renewable Energy To Arizona BrightNight, a global renewable power producer, and Cordelio Power entered into a new power purchase agreement with Arizona Public Service (APS), an electricity provider in Arizona. Under the agreement, APS will purchase carbon-free energy from BrightNight and Cordelio’s Pioneer Clean Energy Center, a hybrid […]

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Green Stocks Feb 4: Stocks Rebound Sharply

As the broader markets heaved a sigh of relief by bouncing back sharply, our green pack had a tough time keeping up. Thus even as most shares rose, many could not quite match the exuberance of the broader markets. That points to a fatigue among investors for the green energy theme, and the focus on […]

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Bihar Plans To Build Solar Project On Private Pond, Issues Tender

Bihar Renewable Energy Development Agency (BREDA) recently issued a tender to procure solar power from a 20 MW grid-connected solar project. The project is planned under the RESCO mode and will be located on a private pond in Bihar. The tender would open and end on 20th February 2025. It bidding for the tender would […]

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