AESL Acquires Essar’s Operational Mahan-Sipat Transmission Assets

Adani Energy Solutions Ltd (AESL) has acquired 100% stake in Essar Transco Limited after obtaining requisite regulatory and other approvals for an Enterprise Value of INR 1,900 crores.

Business | 16/05/2024 | By News Bureau

ReNew Signs MoU with Societe Generale to Expand Collaboration on Energy Transition Projects

Both parties will leverage their respective expertise to strengthen the collaboration on utility-scale energy projects including solar, wind, complex renewables, green hydrogen, energy storage and solar modules manufacturing.

Energy efficiency | 16/05/2024 | By News Bureau

Tata Power Installs 220+ Active EV Chargers Across Karnataka

Tata Power has decided to spearhead the growth of sustainable mobility in Karnataka by expanding its EV charging network.

Other Energy Applications / Sustainable Transport | 14/05/2024 | By Aishwarya

JinkoSolar Delivers its Tiger Neo Modules to Solar Power Plant in Germany

The project is expected to deliver 0.6 terawatt hours of electricity per year. The Witznitz Solar Park project is to date the biggest PV Project in Germany and one of the largest in Europe.

Renewable energy / Solar PV | 14/05/2024 | By News Bureau

SAIL-Bhilai to Install Chhattisgarh's First 15 MW Floating Solar Project

The floating solar plant, slated for installation in Chhattisgarh's Durg district, marks a collaborative effort between National Thermal Power Corporation (NTPC) and SAIL through their joint venture, NTPC-SAIL Power Company Limited (NSPCL).

Renewable energy / Solar PV | 13/05/2024 | By Abha Rustagi

Mauritius Signs MoU with UAE to Advance Renewable Energy

The MOU will create new opportunities for cooperation between the two countries in various areas including green energy, hydrogen and derivatives, LNG, water resources management, desalination, waste water and sanitation, amongst others.

Middle East Market | 18/05/2024 | By News Bureau

Emmvee, Vikram Solar, and ReNew Secure Contracts in NTPC's 1.58 GW Solar Module Supply Auction

In its latest update, Vikram Solar announced securing a 397.7 MWp portion of the project.

Business | 18/05/2024 | By Abha Rustagi

Valentin Software to Present New Versions of PV*SOL and GeoT*SOL at Intersolar Europe

The professional PV design software PV*SOL premium has been expanded to include extensive new battery options, high-quality load profiles and the latest climate data.

Business | 18/05/2024 | By Anurima Mondal

BluPine Energy Encourages Young Mothers to Resume Economic Activities

Through this programmatic initiative, BluPine has to date directly benefited over 800 beneficiaries by upgrading six Anganwadis across India in the states of Madhya Pradesh (Richha, Dehriya, Napakhera), Rajasthan (Kothadi and Madh), and Telangana (Munukuntla).

Business | 18/05/2024 | By News Bureau

INA Solar Reports 419.5 Percent Surge in Net Profit for FY 2023-24

The company's turnover reached INR 741.32 crore, marking an increase of 165 percent from INR 280.05 crore in the previous fiscal year.

Business | 18/05/2024 | By Abha Rustagi

Iberdrola to Acquire Avangrid

Iberdrola will acquire the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own for USD 35.75 per share in an all-cash transaction.

Business | 18/05/2024 | By News Bureau

Indian Energy Exchange Reports Strong Financial Performance for Q4 FY 2024

Revenue for Q4 was INR 149.5 Cr, up 15.4 percent YoY, and PAT was INR 95.1 Cr, a 14.7 percent increase YoY.

Business | 18/05/2024 | By Abha Rustagi

ARAI Organizes Electric Two-Wheeler Crash Tests in India

Automotive Research Association of India (ARAI) has recently completed a series of three crash tests on electric two-wheelers at its facility in Pune.

Other Energy Applications / Sustainable Transport | 18/05/2024 | By Aishwarya

Onix Renewable Bags 187 MW Solar Project under PM KUSUM Yojana

Onix Renewable aims to establish a world record through its groundbreaking initiative to undertake this project.

Business | 18/05/2024 | By Anurima Mondal

GoodWe Maintains BBB MSCI ESG Rating in 2023

According to the scorecard released by MSCI, GoodWe’s ESG performance in 2023 excelled in Opportunities in Clean Tech and Labor Management, evaluated in various aspects such as the clean tech innovation capacity, employee relations, strength of worker protections, among others.

Business | 18/05/2024 | By News Bureau

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