Results for NTPC Limited’s auction to develop 1,500 MW of inter-state transmission system connected solar power projects, tranche III, have been announced. The tender for the project was issued in February 2024. The projects will […]
The United States Trade and Development Agency (USTDA) has approved funds to support the modernisation of the power sector in the Philippines, focusing on the enhancement of electricity transmission and distribution networks. Moreover, the U.S. […]
Adani Solar Limited has signed a a memorandum of understanding (MoU) with Kochi-based Almiya Group, designating them as its official partner in the state. As part of this expansion, Adani Solar plans to install a […]
The Gujarat Government has allocated 479 MW of solar projects to multiple developers as part of the Pradhan Mantri Kisan Urja Suraksha Evam Uthan Mahabhiyaan (PM-KUSUM). These projects, tendered for feeder-level solarisation under Component C […]
Suzlon Energy Limited has recorded a net profit of Rs 6.60 billion during 2023-24, registering decrease of  77.13 per cent, compared to the net profit of Rs 28.87 billion recorded in the previous year. The […]
Reportedly, Tata Power Limited is planning to secure up to $1 billion in local currency to finance clean energy projects, potentially marking the largest such loan in India this year. Discussions are underway with major […]
NTPC Limited has recorded a net profit of Rs 213.32 billion during 2023-24, registering an increase of 24.60 per cent, compared to the net profit of Rs 171.21 billion recorded in the previous year. The […]
UEM Sunrise Bhd, and ITRAMAS Corporation Sdn Bhd have signed a memorandum of understanding (MoU) with China Machinery Engineering Corporation (CMEC) to develop a renewable energy (RE) industrial park in Johor, Malaysia. The park will span […]
Soleos Solar Energy has raised Rs 485 million to improve its portfolio development and working capital in the renewable energy sector.The investors in this funding round included KP Group, InCred Capital, India Ahead Venture Fund; […]
Waaree Energies Limited would supply 445 MW of its 540/545Wp dual glass bifacial modules  to Statkraft India for single-location solar projects in Bikaner, Rajasthan. The delivery of these modules is scheduled to take place between […]
Torrent Power Limited has recorded a net profit of Rs 18.96 billion during 2023-24 compared to the net profit of Rs 21.65 billion recorded in the previous year. The company’s total income has increased by […]
NHPC Limited has announced that all units of its 800 MW Parbati-II hydroelectric project in Himachal Pradesh are expected to be completed by December 2024. The project consists of four units of 200 MW each. […]
Sterlite Power Transmission Limited (SPTL) has received approval from its stakeholders for the demerger of its transmission business. The vote on the demerger proposal received 100 per cent approval from secured creditors, 99.26 per cent […]
Terrenus Energy has secured around SGD300 million in green financing from a consortium of five banks, led by DBS in Singapore. The green loan will fund the installation of photovoltaic (PV) panels on around 1,200 […]
Avaada Group has commenced a new 50 MW solar power plant in the Banka. With this Bihar has now increased its total solar capacity to 181.1 MW. Last year approval was given for a 75 […]
GE T&D India Limited has recorded a net profit of Rs 1,810.5 million during 2023-24 compared to the net loss of Rs 14.9 million recorded in the previous year. The company’s total income has increased […]
Suzlon Group has secured new order wins for the development of 402 MW wind energy projects for Juniper Green Energy. Suzlon will install a total of 134 wind turbine generators with a hybrid lattice tubular […]
Power Grid Corporation of India Limited (Powergrid) has recorded a net profit of Rs  155.73 billion during 2023-24, registering an increase of 0.99 per cent, compared to the net profit of Rs 154.20 billion recorded […]
United States-based SEG Solar has signed a land utilisation agreement with Kawasan Industri Terpadu Batang to develop a multi-gigawatt-scale manufacturing complex for solar equipment in Indonesia. The deal will facilitate the construction of a USD500 […]
Tata Power Delhi Distribution Limited (TPDDL) has signed a memorandum of understanding (MoU) with the India Smart Grid Forum (ISGF) to collaborate on vehicle-to-grid (V2G) technology demonstration project. The V2G technology demonstration pilot project aims […]
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