Tata Power Q4 Results Live : profit rise by 15.11% YOY
Tata Power Q4 Results Live : Tata Power declared their Q4 results on 08 May, 2024. The topline increased by 27.24% & the profit increased by 15.11% YoY.

ReNew signs 2.2 GW of PPAs, including 1 GW of FDRE
ReNew on Thursday said that it has signed five Power Purchase Agreements (PPAs) totalling around 2.2 gigawatts (GW) of Renewable Energy (RE) capacity expanding its fully contracted renewable energy portfolio Post the inking of PPAs, ReNew’s overall portfolio now stands at 15.6 GW. In addition, it has also received Letter of Awards (LoAs) for an additional around 5.8 GW of RE capacity.

Indian renewables may get costlier as RBI mulls changes

Tata Power plans 66 pc higher capex at Rs 20,000 cr in FY25; to spend 50 pc on renewable energy projects
Tata Power net profit rises 11%
The Financial Express

NTPC Green Energy ties up with MAHAPREIT to develop renewable energy parks, projects in Maharashtra

Waaree Energies, Ecofy partner to offer finance for solar rooftop projects

Sri Lanka approves 20-year power purchase pact with Adani Green Energy
Colombo: Sri Lanka has approved a 20-year power purchase agreement between the island nation's government and Adani Green Energy for the development of 484 megawatt wind power stations in the northeast region. "The negotiated tariff rate of $0.0826 per kilo watt hour is to be paid in local rupees on the prevailing exchange rate at the time of payment," Energy Minister Kanchana Wijesekara said in a post on social media platform X.

responsAbility to invest up to $35 million in AMPIN Energy Transition
AMPIN Energy Transition on Tuesday announced that responsAbility will invest up to $35 million on behalf of its investors in the renewable energy transition company. ResponsAbility is a Switzerland-headquartered impact asset manager which specialises in private market investments. The investment is a part of its broader $500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia.

Ampin Energy secures INR 292 crore from Swiss firm ResponsAbility

Greenko Energies gets CCI nod to acquire additional stake in Sikkim Urja

Inox Air Products to set up 190-tonne green hydrogen project in Rajasthan

AMPIN Energy Transition secures $35 million funding

Juniper Green inks pact with SJVN to supply 320 MW renewable energy

Sunkind Energy gets 10 MW rooftop solar projects in four states

Waaree Energies appoints Amit Paithankar as CEO

Ensuring successful transition to renewable power
The success of India’s net zero pledge by 2070 rests heavily on India’s successful energy transition in the power sector, as it is responsible for more than 50 per cent of emission.

Grid infra, HVDC transmission major bottlenecks to meet renewable target: Vineet Mittal
India added a record 18 GW renewable energy capacity in FY24 and needs to add 50 GW each year to meet the ambitious target of 500 GW by 2030. In an interview with Aggam Walia, Vineet Mittal, Chairman, Avaada Group, expands on challenges in adding renewable capacity, gives an overview of domestic manufacturing of solar PV modules, and endorses the economic viability of energy storage systems.

Ampin Energy secures Rs 292 crore from Swiss firm ResponsAbility

Inox Wind eyes profitability on full year basis in FY25
Wind energy solutions provider Inox Wind is looking to become profitable on a full year basis in the current financial year.

Tata Power Renewable Energy signs pact with SJVN for 460 MW clean energy project
Tata Power Renewable Energy Ltd (TPREL) on Saturday said it has signed an agreement with state-owned SJVN Ltd to set up a 460 MW Firm and Dispatchable Renewable Energy (FDRE) project. An FDRE plant enables round-the-clock power supply, assisting power distribution companies (discoms) in fulfilling their Renewable Purchase Obligations (RPOs) and Energy Storage Obligations (ESOs).

Grid infra, HVDC transmission major bottlenecks to meet renewable target: Vineet Mittal
India added a record 18 GW renewable energy capacity in FY24 and needs to add 50 GW each year to meet the ambitious target of 500 GW by 2030. In an interview with Aggam Walia, Vineet Mittal, Chairman, Avaada Group, expands on challenges in adding renewable capacity, gives an overview of domestic manufacturing of solar PV modules, and endorses the economic viability of energy storage systems.

Adani Green Energy Q4 Results Live : profit falls by 70.41% YOY
Adani Green Energy Q4 Results Live : Adani Green Energy declared their Q4 results on 03 May, 2024. The topline decreased by 2.73% & the profit decreased by 70.41% YoY. As compared to the previous quarter the revenue grew by 9.35% and the profit decreased by 41.41%.

Mahindra Susten draws up plan to step up its green energy play, plans to invest ₹21,000 cr in next 5 years

Suzlon to merge arm with itself, transfer project business
Suzlon Energy’s board has approved the merger of Suzlon Global Services, a wholly-owned subsidiary with itself.

Inox Wind posts net profit of ₹38 crore in Q4 FY24
For IWL, which offers end-to-end wind power solutions, this is the second consecutive quarter the company has reported a net profit.  IWL’s consolidated revenue rose multi-fold to ₹563 crore during the January-March quarter in FY24.

India’s renewable energy sector achieves nearly 95% of FY24 bidding target
Chennai: The Central Government narrowly missed its target of 50 GW for annual renewable energy tendering in 2023-24. A year ago, India’s government announced plans to seek bids for 50 GW of renewable energy capacity each year for five years, from FY24 to FY28. These bids, for Inter-State Transmission (ISIS)-connected renewable energy capacity, also include establishing at least 10 GW of wind power annually.

NIIF-owned Ayana Renewable Power gets high five from bidders

AGEL is India's first and fastest renewable energy player to achieve 10.9 gigawatts operating capacity, says Executive Director Sagar Adani

Renewable energy accounted for 71 per cent of India's new power generation in FY 24

Adani Green Q4 net declines 39% due to rising expenses