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solar capacity

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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Battery Boom Could Redraw Geopolitical Order

Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […]

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Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […]

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Nexcharge Starts Production of Li-ion Battery Packs and Modules

Nexcharge has announced the inauguration of its manufacturing plant at Prantij, Gujarat which is spread across 6 lakh square feet for the production of Li-ion battery packs and modules (Pouch/ Prismatic/ Cylindrical Nexcharge says that the facility has 6 fully automated assembly lines and testing labs with an installed capacity of 1.5 GWh and will […]

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Borosil Renewables Q4 Results Remain Strong, Faster Growth Awaits

India’s key solar float glass manufacturer, Borosil Renewables Limited has declared its results for Q4 of FY 2021-22, and the results have been on trend. The firm, which has enjoyed a very strong resurgence in prospects and its financials over the past two years as demand has grown worldwide, reported total income of Rs. 182.3 […]

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SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit

In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […]

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Bosch to invest €500 million to develop components for hydrogen electrolysis

Bosch has announced that it will be investing €500 million to develop components for hydrogen electrolysis by the end of this decade that will help heighten green hydrogen production that will be used in transport and different sectors. A stack is the core component of an electrolyzer. Bosch has revealed in its annual information convention […]

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Nestle’s Trucks in UK Switch to Renewable Energy

Nestle has revealed that its food and drink products will now be delivered around the UK and Ireland by trucks which emit up to 95% less carbon. Nestle has switched 75% of its owned fleet of trucks from diesel to Bio-LNG, a liquefied gas which is a by-product of waste. Nestle says that the move […]

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