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renewable energy

Gensol Engineering Reports 24% Growth in PAT in H1 of FY24

Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […]

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Winning Bid In 1.5 GW SJVN Tender with Storage At INR 4.38 per Kwh

In the 1500 MW SJVN solar tender for ISTS connected renewable energy project that comes with storage pan India, Juniper Green Energy, Tata Power Renewable Energy, ACME Cleantech Solutions, Solarcraft Power India, Hero Solar Energy, TEQ Green Power XVI, ReNew Solar Power have emerged as winners. SJVN is a public sector undertaking. ACME bagged the […]

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CEA Propagates the Idea of Vehicle to Grid

In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […]

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NTPC REL Calls Bids for Supply of WTGs for 1000 MW Wind Project

NTPC REL, the renewable energy arm of NTPC, has invited bids for the supply and installation of wind turbine generators for ISTS connected wind energy project with nominal capacity of 1000 MW in Gujarat (up to 370 WTG). NTPC REL has been proactively establishing wind projects. It recently also commissioned a 50 MW project in […]

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Phase One of SOFAR’s New Smart Factory is Commissioned

SOFAR, the global leading provider of PV & ESS solutions, recently commissioned the first phase of its brand-new manufacturing base in Huizhou, China. With this expansion, the company has significantly expanded its production capacity and intensified its focus on intelligent manufacturing practices. The first phase of new factory spans over 110,000㎡, with a total investment […]

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Adani Green Bets High On Khavda To Boost Its RE Capacity 

Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […]

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Altea Green’s Black Bess Project of 1 GW Commences in Italy

Renewable energy firm headquartered in Turin, Italy, Altea Green Power has announced that it has commenced work on a battery storage system for capacity worth 1 GW. Known as Black Bess, the project will be established in Italy itself. The project will entail four sites in Italy’s central-southern part and will be commissioned in the […]

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India Will Need 60 GW Of Storage By 2030, Says Research Report

Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […]

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Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24

Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […]

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