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NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions

NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […]

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Nanocoating eases out cleansing of solar panels | Solarize Renewables | Intersolar 2022

 Intersolar 2022, held at Gandhinagar, Ahmedabad, saw participation from a large number of leaders in the solar industry, even though the numbers fell drastically when compared to last year owing to the ongoing Gujarat Assembly Elections. Saur Energy International spoke to Shashank Malpande, Director, Solarize Renewables at the exhibition premises about the plans of […]

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Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables

The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […]

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Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy

‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […]

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New Wind Energy Tower Factory To Come Up In Poland With EUR 200 Million Investment

Spanish green energy conglomerate GRI Renewable Industries (GRI) and ARP, Poland’s Industrial Development Agency, have announced that they have signed an agreement for the launch of a joint venture company for the construction of an offshore wind tower factory in Gdansk – a Polish port city on the Baltic coast.  GRI is an experienced offshore wind […]

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US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions

Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […]

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Indi Energy Gets National Startup Award 2022 For ‘Energy Storage’

Indi Energy – a startup that has sprung out of Indian Institute of Technology (IIT) Roorkee, has won the prestigious National Startup Awards 2022 in the category of ‘Energy Storage.’ National Startup Award 2022 was presented to the India based start-ups that are most promising and innovative. The certificate of commendation was presented by Piyush […]

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