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NTPC Ltd Reports 13 Percent Rise In PAT In H1 of FY24

NTPC Limited in its latest financial results declared a 13 percent increase in its Profit After Tax (PAT) during the first half (H1) of FY24 on a standalone basis. The central Public Sector Utility (PSU) said that its PAT for H1 FY24 was Rs 7,951 crore as against Rs 7,048 crore in H1 FY23. Meanwhile […]

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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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Iowa State University Awarded $1.8 Mn Grant for Agrivoltaics Project

Iowa State University (ISU) is set to undertake a study on the benefits that bringing crops and solar power together can bring. The ISU houses an innovative agrivoltaics project- the Alliant Solar Farm that was unveiled recently. The 1.75 NW agrivoltaic solar project will delve into optimisation of land while making a note of the […]

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Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger

The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […]

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Offshore Wind Could Generate 8% Of USA’s Electricity By 2050: NREL

The NREL has released a report on, “Expanded Modelling Scenarios”. which helps to understand the role of offshore wind in decarbonizing the United States. The report estimates that 20% of regional power needs could be served alongside the Atlantic coast to support offshore wind farms by 2050.  NREL is the U.S. Department of Energy’s primary […]

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Trackers have shown that they are reliable unlike previous view that they are new technology: Siddharth Charkha, HCT Sun

Tell us about your firm. HCT Sun is an India-based, US-owned company. We are primarily in the OPEX (operating expense) business in India, catering especially to SMEs which no one else generally caters to. We employ high-performance components to increase the performance of the projects in the country. Besides, we have partnered with SolarGik, an […]

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GERC Allows Compensation To Juniper Energy For ‘Change Of Law’

The Gujarat Electricity Regulatory Commission (GERC), in its latest judgement, allowed Juniper Green Sigma Pvt Ltd compensation for ‘change of law’ events. Juniper Green Sigma is a subsidiary of Juniper Green Energy. It has developed a 120-megawatt (MW) grid-connected solar plant in Gujarat to supply Gujarat Urja Vikas Nigam Limited (GUVNL). Juniper, in its petition before the […]

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