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Is The SB Energy Exit A Worrying Sign For India?

By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total  assets including project pipeline, has been cited as a possible warning sign for India’s […]

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“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge

Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […]

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SJVN Wins GUVNL’s 100 MW Solar Auction Again at Rs 2.64/kWh

SJVN has once again emerged as the winner in the auctions conducted by GUVNL for 100 MW solar projects in the Raghanesda Solar Park. SJVN Limited has announced that it has once again emerged as the winner in the auctions conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL) for 100 MW solar projects to […]

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IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021

Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […]

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Adani Green Energy Posts 136% Increase in Cash Profit for FY21

Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […]

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41 Percent Growth in India’s Power Consumption in April 2021

Power consumption in India grew 41 percent in April 2021 to reach 119.27 BU According to data made available by the Power Ministry, power consumption in India grew 41 percent in April 2021 to reach 119.27 billion units (BU) over the same month last year, showing what the ministry believes to be a robust recovery in industrial and […]

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Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC

In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […]

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ReNew Power to use Robotic Cleaning Solutions From Airtouch Solar

Airtouch Solar will supply its water-free robotic cleaning systems for three of ReNew Power’s new solar plants in Rajasthan, India. Israel-based clean solutions providers for solar systems Airtouch Solar (Airtouch) has announced that it has signed contracts for the supply of its water-free robotic cleaning systems for application on three of ReNew Power’s new solar […]

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Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC

The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […]

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