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Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore

Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […]

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PTC India Reports net Profit of Rs 100 Crore in April-June Quarter

PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […]

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As Oil and Gas Shrink, Wind Industry Takes Over in Texas: IEEFA

The wind industry in West Texas is booming an area known historically for its boom-and-bust oil cycles, concludes a report published by IEEFA. The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published by the Institute for Energy Economics […]

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CERC Issues Draft Amendments for ISTS Connectivity of RE Projects

CERC has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on RE sources to the ISTS. The Central Electricity Regulatory Commission (CERC) has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on renewable energy (RE) sources to inter-State transmission […]

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Explaining India’s 175 GW Renewables Target. The Big Change Making It Possible

Over the last few months, Mr. R.K Singh, the Minister of State (Independent Charge) of the Ministry of Power, Minister of State (Independent Charge) of the Ministry of New and Renewable Energy and Minister of State in the Ministry of Skill Development and Entrepreneurship, Government of India, has faced what must seem like a tiring […]

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200 MW Harvest Ridge Wind Farm is Operational

Walmart is one of the offtakers from the wind project EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has completed the construction its 200 MW Harvest Ridge wind farm in Douglas County, Illinois, USA. Through […]

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India’s Top 5 Power Producers And their Renewable Energy Plans

In the broader developed economies, the push for renewable energy has already gone well past the stage for policy pushes, with many firms and power producers making decisive, long term shifts even as pressure, both public and from the government, still builds up. That is one reason why coal fired plants are shutting down faster […]

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Energy & Meteo Systems: RE Forecasters To The World

Germany-based Energy & Meteo systems is one of the little known names, that packs quite a punch when you take a hard look at their work. The firm, which recently announced their formal entry to India with their energy forecasting solutions, has already pocketed the forecasting for Pavagada solar park, one of the biggest in […]

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US-based AES Corp Expands Footprint in Brazilian Renewable Sector

The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […]

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