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MPPCL Issues Tender for Procurement of 500 MW Energy Storage Capacity

Madhya Pradesh Power Management Company Limited (MPPMCL) has issued a tender inviting bids for the procurement of 500 MW of energy storage capacity with a discharge duration of six hours and a maximum discharge period of hours. The energy storage system will harness the potential of Pumped Hydro Storage Plants (PHSPs) for a 40-year duration […]

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Adani Green Reports 58% Spike In EBITDA On YoY Basis 

Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […]

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Honeywell Ventures EV Industry Safety Solutions in India

USA based multinational Honeywell has announced bringing EV industry safety solutions to India. The firm has a portfolio of EV industry safety solutions. It also offers lithium-ion (li-ion) battery safety sensors, which help gauge potential battery fires. The firm’s suite of personal protective equipment (PPE) and gas detection solutions play a crucial role in safeguarding […]

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Ministry of Power Releases Guidelines For Uniform Renewable Tariff

The Ministry of Power has now approved the procedure for implementing a Uniform Renewable Energy Tariff for the end power procurers, including discoms and open-access consumers. It will be applicable to renewable energy projects connected with the Inter-State Transmission Systems (ISTS).  It comes after the Electricity (Amendment) Rules 2022 discussed the uniform renewable tariff (URET). […]

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Enfinity Continues Italian Conquest with 97 MW Agreement

Italy based firm A2A Group, which supplies energy solutions, has joined hands with Enfinity Global by way of a power purchase agreement (PPA) for three of Enfinity’s solar projects in Lazio, Italy. The three projects account for a cumulative capacity of 97 MW. The agreement begins to take shape in July 2025. A2A Group is […]

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IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets

The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […]

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We are looking at an expansion plan of 1 GW of TOPCon cell line: Surender Pal Singh, Premier Energies

Premier Energies has witnessed a remarkable journey of introducing the first solar panel assembly line with a 3 MW/year capacity, to setting up a fully-integrated 3.4 GW solar cell and module line. The firm is also capable of handling upcoming technologies of cells with larger sizes such as M10, M12 and Multi-Busbar cells. Surender Pal […]

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CERC Allows Wind Generator To Procure REC Despite Delayed Plea

The Central Electricity Regulatory Commission (CERC), in its latest judgement, gave relief to a Tamil Nadu-based wind power generator to procure Renewable Energy Certificate (REC) from National Load Despatch Centre (NLDC). This order came after Leo Fasteners, a wind power generator, moved the Commission seeking relief.  Leo Fasteners had claimed that despite being a renewable energy generator, […]

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Sterling & Wilson Reports Increase In Income, Reduced Losses 

Renewable Energy EPC firm Sterling and Wilson, in its latest filing, said that it witnessed a rise in its total income in the quarter ending September. The increase in income was reported on a Year-On-Year (YoY) basis and also on Quarter-On-Quarter (QoQ) basis.  As per the furnished details of the unaudited consolidated financial results, the firm reported […]

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