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Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23

Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).  Tata Power said that its PAT rose […]

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KKR Purchases $550 Million Loan Of SunPower

North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […]

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Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia

RWE Renewables, a German-based energy company, has now bagged a tender in New South Wales (NSW) in Australia to offer long-term energy storage systems. The company had earlier bid for its proposed eight-hour-long battery storage systems. However, by quoting lower than pumped storage, the firm has opened up a slew of possibilities on the utility […]

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Siemens Gamesa Bags 1000 MW Onshore Wind Commitment From RWE

RWE has announced the signing of a framework agreement with Siemens Gamesa under which Siemens Gamesa will supply turbines to 1000 MW of onshore wind farms that will be built by RWE in Europe. This allows Siemens Gamesa to become a leading supplier of large components for the RWE project pipeline. RWE will procure the […]

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Best Power Equipments Unveils ESS Product- NRGX 5000

Power manufacturing brand, Best Power Equipment’s (BPE) recently organised a pan-India launch of its flagship product ESS (Energy Storage Solutions), NrgX 5000. The event was specifically organised for BPE customers, dealers and distributors and saw the presence of more than 250 people. BPE bagged 180 units of orders on the occasion. Nrgx 5000 UPS with […]

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Solis Launches New Hybrid Inverter in South Africa

Solar inverter manufacturer Ginlong (Solis) Technologies, is set to launch its new S6 Advanced Power Hybrid Inverter, exclusively for South Africa. It will be unveiled at the Solar Show Africa 2023 in Johannesburg from April 25 to 26. The firm informs that with added generator connection and control functions, the inverter works as a fully […]

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Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms

The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […]

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Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project

Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […]

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Enfinity Global Agrees with Statkraft for Supply of 34 GWh Clean Energy

US-headquartered renewable energy player Enfinity Global Inc. has announced that it has signed a long-term solar power purchase agreement (PPA) with Statkraft for the supply of green energy from 134-MW solar power projects in Italy. The agreement is aimed at commercialization of 34 GWh/year of clean electricity in Italy that complements the closing of additional […]

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