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Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles

Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […]

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Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio

Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […]

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IOC Wants Green Hydrogen To Meet 10% Of Energy Requirements By 2030

State-owned Indian Oil Corporation (IOC) has said in its annual report that the multinational PSU wants to replace a tenth of its grey hydrogen produced with the use of fossil fuels in its refineries with green hydrogen which is carbon free. The decision is aimed at de-carbonization efforts of the company. Today, the petroleum refining […]

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India’s Energy Consumption In July 2022 Rises By 3.8%

In July 2022, India witnessed a rise in electricity (energy) consumption by 3.8%. This information was released by the Power Ministry of India. According to the figures, the total power consumption of India in July was 128.38 billion units, which is 3.8% more than the previous year. The amount of power consumed in July 2021 […]

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e-Rise Enters Indian Electric Vehicles Market; Produce 30,000 Units A Year

Electric vehicle manufacturer eRise – Drive Electric has announced its entry into the Indian markets. eRise makes long range, high performance electric two-wheelers built specifically for Indian road conditions. It’s the automotive arm of KL Group. eRise intends to launch three low speed electric scooters immediately and two high speed vehicles in the coming 3 […]

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Tata Power, JLL India Come Together For Green Energy Solutions In Realty Space

Tata Power has said that it has signed a MoU with JLL India to promote green energy solutions in the realty sector which contributes nearly 40 per cent of all greenhouse gas emissions. The official statement of Tata Power said that JLL, which specializes in real estate and investment management, has a presence in 11 […]

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First Solar Announces Q2 2022 Financial Results: QoQ Growth 99%

US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth  $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […]

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HOP Electric Receives Strong Response Before Commercial Launch

Jaipur-based electric vehicle ecosystem company, HOP Electric claim that they have received a strong response for its HOP OXO high-speed electric bike . The bike is being released in August only. The first production batch’s pre-order window briefly opened for dealer partners of HOP Electric Mobility. HOP electric claims that even before the product’s official […]

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GreenZo Energy, Inducts Rajkumar Agarwal as Senior VP To Handle Nepal Project

GreenZo Energy, the New-Delhi based renewable energy consultant, has inducted Rajkumar Agarwal as Senior Vice President for Planning & Development of Projects. He will report to the Chairman and Founder of GreenZo Energy, Sandeep Agarwal. Rajkumar Agarwal worked as the Assistant General Manager (AGM) for NTPC, before joining GreenZo Energy. His background includes more than […]

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