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With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues

One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […]

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UK Approves 8 GW Offshore Wind Energy Projects Development

In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […]

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Motovolt Joins Hands With CSC Grameen E-Store To Make Pan-India E-Mobility A Reality

E-mobility company, Motovolt has collaborated with CSC Grameen E-Store, E-commerce initiative, to make E-mobility a reality pan-India. The collaboration will facilitate Motovolt’s affordable range of e-cycles to penetrate the remotest part of India. Capitalizing on the growing E-commerce revolution, the partnership is an initiative to upgrade the quality of life in isolated area, where public transport […]

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Delta Crosses 6000 EV Charger Deployment Milestone in India

Taiwan-based power and thermal management solutions manufacturer, Delta has announced that they have cumulatively delivered over 6000 electric vehicle (EV) charger to customers in India. According to Delta, this 6000 EV charger deployed initiative was made possible by close collaboration with key players in the EV charging infrastructure market, including major charge point operators like […]

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Rise To Establish Largest Power Plant Of New York As An RE Hub

Rise Light & Power has revealed that it has set sights on the redevelopment of the Ravenswood Generating Station, which is New York City’s largest power generator, into a new renewable energy hub. This initiative will aid the city to reach its nation-leading climate goals. The conversion of the plant will also help the city […]

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Analysing The Landscape For Energy Transition In LatAm Region

AMI (Americas Market Intelligence) Energy Practice has recently published a report shedding light on the untapped opportunities, challenges, investment potential in energy transition in the Latin America region. The findings of the report are as under. Lucrative Market For Operators & Investors In Suriname David Abiamofo, Minister of Natural Resources of the Republic of Suriname, […]

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SECI Has Floated RFS For Setting Up 8 MW Of Waste To Energy Project In Uttar Pradesh

Solar Energy Corporation of India Limited (SECI) has invited solar project developers for the request for selection (RFS) for the establishment of 8 MW of grid-connected waste to energy project, which is to come up in Kanpur, Uttar Pradesh. This project will be completed under Tariff-based Competitive Bidding (WTE-1).  The last date to submit the […]

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BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment

Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […]

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Azure Power Becomes First Indian RE Company To Get SA8000

Azure Power has become the first renewable energy company in India to win the award of SA8000:2014. It is a leading sustainable energy solutions provider and renewable power producer in India. SA8000 is the world’s leading social certification programme for factories and organizations across the globe. This is an auditable standard that requires organizations to […]

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