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Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss

Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […]

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October India RE Highlights From MNRE Report For Union Cabinet

In its monthly summary of key highlights, recently shared for the month of October, the Ministry of Renewable Energy (MNRE) has focused on renewable energy additions, international conferences and important developments in the work of Solar Energy Corporation of India (SECI). The ministry informs that a total of 1522.35 MW of renewable energy (RE) capacity […]

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UK To Provide Credit For Turney’s Largest Solar Project

The UK Export Finance (UKEF) said on Monday it would provide over £217 million ($291.04 million) in export credit for the financial closure and construction of Turkey’s largest solar facility. This will be the largest ever commitment from UKEF for a renewable energy project, indicating the clear shift in priorities underway at European governments post […]

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JSW Solar, Shirdi Sai Electricals and Reliance Win Solar PLI Allotments

In the end, IREDA’s final list of winners for the Solar PLI (Performance Linked Incentives) scheme threw up no surprises as the bidders with plans for all stages of production and the highest capacity bids of 4 GW walked away with the top 3 allotments. Designed to encourage the setting up of manufacturing capacities for […]

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China’s Largest PV Plant In Quinghai Offers A study On Co-Existing With Nature

China’s Tara Beach, located 60 kilometres southeast of Qinghai Lake, in the island province of Hainan, is bathed with a blue sea of solar panels. It houses the world’s largest renewable energy base that was built by Huanghe Hydropower Development, a state-owned utility company, with technological contributions from ICT provider Huawei. A 2.2 GW solar plant — the Tara […]

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Sungrow Showcases Tech Innovations at Mexico’s Solar Trade Show

Sungrow, an inverter solutions supplier for renewables, showcased a comprehensive product portfolio covering utility and C&I PV and energy storage solutions at Solar Power Mexico, a solar energy trade show, on November 9th through the 11th. The Mexican market is supported by low solar prices and is ripe with opportunity as solar grows. Mexico has […]

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Shakti Pumps Launches SIMHA 2.0 Universal Drive to Power Solar Pumps

Shakti Pumps (India) Ltd, a manufacturer of energy efficient pumps & motors, has launched SIMHA 2.0 Universal Drive, a unique product that powers solar pump sets and supports a wide variety of motors by virtue of its design specifications, the company recently said. The SIMHA 2.0 Universal Drive is an upgraded version of SIMHA that […]

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CERC Provides Relief To Tata Power In Dispute With PGCIL Over Open Access

In a recent judgement concerning transnational electricity trade between India and Bhutan, the Central Electricity Regulatory Commission (CERC) granted the petition of Tata Power Trading Company Limited (TPTCL), requesting that its power purchase agreement (PPA) with Dagachhu Hydro Power Corporation (DHPC) be considered under the Ministry of Power’s (MoP) guidelines and the Cross Border Trade […]

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