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Order Book The Bright Spot in Sterling and Wilson Solar Q2 Results

Sterling and Wilson Solar Limited has declared its financial results for the quarter ended September 30, 2020, also the end of the first half of the financial year for the firm. The nature of the EPC business, along with the impact of the Corona pandemic on execution schedules, means, the firm is yet again forced […]

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Tender Issued for 50 MW Off-Grid Solar Plants in Meghalaya

MePDCL has issued a tender for the installation of aggregated 50 MWp off-grid Solar Power Plants in different locations in the state of Meghalaya. The Meghalaya Power Distribution Corporation Limited (MePDCL) has proposed the design, supply, installation, testing, commissioning, operation & maintenance in RESCO Model of an aggregate of  50 MWp off-Grid solar SPV power […]

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MePCDL issues EoI Tender for 10MW Solar Plant in Meghalaya

MePDCL has issued an EoI for the installation of Decentralized Grid Connected Ground/ Stilt Mounted Solar Based Power Plants in Meghalaya Meghalaya Power Distribution Corporation Limited (MePDCL) has issued an expression of interest (EoI) in the installation of Decentralized Grid Connected Ground/ Stilt Mounted Solar Based Power Plants of capacity 500 KW to 2 MW […]

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GE Power India Posts Net Profit of Rs 37.7 Crore in Q2 Results

GE Power India has issued its financial results for Q2, reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. GE Power India has issued its financial results for the second quarter (Q2), reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. The company had registered […]

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NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities

Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […]

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Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme

The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […]

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Azure Power Posts Q2 2020 Financial Results

Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […]

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To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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Odisha is now Power Surplus Thanks to Increase in Renewable Generation

The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […]

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