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Enel Group Releases Financial Results; Q1 2021 Unprofitable

Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […]

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Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg

According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […]

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Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results

Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […]

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Fusion Fuel Green Partners With CCC to Develop Hydrogen Plant

The world is running after clean energy sources, and green hydrogen has evolved as one of the best possible sources of fuel or electricity. A green hydrogen technology company, headquartered in Ireland, Fusion Fuel Green PLC has announced that it has partnered with Consolidated Contractors Group S.A.L. (CCC), to develop a green hydrogen plant in […]

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FLO | AddEnergie Begins Deploying 120 EV Chargers in NYC

A North American electric vehicle (EV) charging network operator, FLO | AddEnergie today announced that it has started shipping its 120 chargers out of its factory in Shawinigan, Quebec, destined for the FLO network’s first deployment in New York City. 100 EV chargers out of all, will be installed at 34 public curbside locations over […]

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Enel Green Power Announces 1.5 GW RE Projects and 319 MW Storage in US

Enel has started construction on five new renewable energy projects in the US worth 1.5 GW of new capacity and 319 MW of battery storage. Enel, through its US renewable subsidiary Enel Green Power North America, has started construction on five new renewable energy projects in the US including Roseland solar + storage, Blue Jay solar […]

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Power Ministry Writes to States/UTs to Issue Tariff Orders on Time

The Ministry of Power in a letter to state and UT energy departments and SERCs has requested for the timely issuing of tariff orders The Ministry of Power in a letter to state and UT energy departments and State Energy Regulatory Commissions has requested for the timely issuing of tariff orders under the Electricity Act, […]

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Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA

In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […]

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Brookfield Renewable Announces Strong First Quarter Results

Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […]

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