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Jinko Solar Q2 Results-Revenues Down 21.6%, Profits Slump 44%

JinkoSolar Holding Co., Ltd., one of the largest solar module manufacturers in the world, has announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Business Highlights Module shipments grew by 34.1% year-over-year to 23.8 GW in the second quarter, ranking first in the industry. At the end of […]

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Solar Generation In India Improved In FY24: Fitch Ratings

In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […]

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MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […]

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The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries

The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems to massive, long-duration powerhouses that are now integral to the […]

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Veera Vahana, Exponent Energy Announce First 15 Mts Charging Inter-City Bus

Veera Vahana – a leading player in the bus industry has partnered with Exponent Energy, an energy-tech company to announce a 15-minute rapid charging long-haul intercity electric bus. The ‘Veera Mahasamrat EV’ powered by Exponent is the world’s first 13.5m electric bus on 2-axles. It’s equipped with Exponent’s 320 kWh battery pack enabling a virtually […]

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NLC Set To Supply 200 MW Renewable Energy To Telangana

NLC India Limited (NLCIL) a Navratna Government of India Enterprise under the Ministry of Coal has signed a Power Usage Agreement with Telangana state discoms for 200 MW solar power at a competitive and affordable price under CPSU scheme for 25 years. NLC India Lmitted’s solar project is set to generate around 1,300 crore units […]

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Waaree Energies Yet To See Approval For Issue Of IPO

Notwithstanding the filing of documents for the issue of Initial Public Offering (IPO) with the Securities & Exchange Board of India (SEBI), India’s leading solar module manufacturer Waaree Energies’ is yet to see the plan becoming a reality soon. The green company is yet to see approval from the market regulator.  Some media reports have […]

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Green Stocks 27 August: Waaree Renewable Price Sees 5% Rise

After a long hiatus, nine out of eleven stocks saw a rise in prices, with Waaree Renewable Technologies taking the top spot with a 5% increase. This was followed by JSW Energy, which saw a 2.49% jump, and Tata Power, which experienced a 1.31% rise. Wind energy companies Suzlon Energy and Inox Wind Energy also […]

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Canada Imposes Surcharges Against Imports Of Chinese EVs

After the United States (US), and European Union (EU), the Canadian government has now implemented new measures to protect its workers and key economic sectors from unfair Chinese trade practices while supporting job creation in the electric vehicle (EV) supply chain. Canada’s steel and aluminum sectors have supported over 130,000 jobs nationwide. However, Canadian auto […]

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