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HPL Electric and Power Ltd Reports Q3 FY 19 Results

PAT for the first nine months of FY19, was stable. HPL Electric and Power Ltd, an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, has announced its financial results for the quarter ended December 31, 2018. Financial Performance in the first nine months of the financial year 2018-19, was […]

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South Asia’s Largest Grid-Scale Energy Storage System Goes Online

The project was developed in collaboration with AES India and Japan’s Mitsubishi Corporation.   Tata Power Delhi Distribution Limited (TPDDL), a joint venture between Tata Power and the Government of NCT of Delhi that distributes electricity in North & North West parts of Delhi, has inaugurated South Asia’s Largest Grid-Scale Energy Storage System in Rohini. The […]

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Sungrow Presents Plans to Boost Sri Lanka’s Renewable Energy Growth

The tech seminar presented a comprehensive roadmap to raise discussions on upcoming PV technologies and solar product innovations for the development of Sri Lanka’s renewable energy market. Sungrow, a leading inverter supplier for renewable energy projects globally, has successfully held a PV technical seminar in Sri Lanka on February 8, 2019, as a part of the Company’s […]

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NATIS Floats Tender For EV Testing Infrastructure

The last date of bid submissions is February 21, 2019. NATRIP Implementation Society (NATIS), an autonomous body constituted by the Ministry of Heavy Industries and Public Enterprises to implement National Automotive Testing and R&D Infrastructure Project (NATRIP), has issued a tender for setting up testing infrastructure for electric vehicles at seven locations. The brief scope […]

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REC Group Launches New Panels In Collaboration With Meyer Burger

REC believes this will be the world’s most powerful solar panel for rooftop customers, emerging from the company’s half-cut cell technology. REC Group, one of the largest European solar panels manufacturer, has launched a new solar panel at the Intersolar Europe. The new panel combines heterojunction cells (HJT) with advanced connection technology from the joint […]

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IREDA IPO Expected By September

IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed.  “We can raise up to 15 percent of our equity. […]

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Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter

The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago.  Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […]

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EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments

The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […]

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SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power

SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […]

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