Uma Gupta
India installed 12.1 GW of solar in H1 2024
India installed about 9.6 GW of utility-scale solar, 1.8 GW rooftop, and 688 MW off-grid capacity in the Jan.-June period of 2024, says a new report by JMK Research.
KPI Green’s Q1 profit grows 99% yoy
KPI Green Energy’s revenue for the April-May-June quarter increased 83% year-on-year to INR 350 crore. Profit is 99% up to INR 66 crore.
JSW Energy secures LoA for 230 MW renewables-plus-storage project
JSW Neo Energy has received a letter of award from Solar Energy Corp. of India (SECI) to set up renewable energy projects backed with energy storage system for supply of 230 MW of firm and dispatchable renewable power in a demand-following manner.
Blueleaf Energy reaches financial close for 200 MW hybrid wind-solar power plant in India
Blueleaf Energy has secured around $170 million from Axis Bank to finance its 200 MW hybrid wind-solar power plant in Madhya Pradesh.
The Hydrogen Stream: Hygenco signs MoU with Mitsubishi Power for green hydrogen-fired GTCC power plants
Hygenco Green Energies and Mitsubishi Power have joined hands for delivering green hydrogen-/ammonia-fired gas turbine combined cycle (GTCC) power plants. Hygeno will develop and deploy green hydrogen and green ammonia production assets to supply green fuel for Mitsubishi Power’s GTCC technology to the potential customers.
Reliance obtains BIS certification for solar panels
Reliance Industries expects to commission its first train of solar module and cell manufacturing at Jamnagar within the current fiscal year.
Tata Power posts INR 1,189 crore profit in Q1 FY 2025
Tata Power has reported its highest ever quarterly consolidated revenue of INR 16,810 crore and net profit (profit after tax) of INR 1,189 crore in the first quarter of FY 2024-25
Gentari Green Mobility launches app for EV charging, home solar solutions
The Gentari Go app allows users to discover and access EV charging stations effortlessly. The app users can also explore, consult and book solar installations for their homes.
Fourth Partner secures $275 million equity investment from IFC-ADB-DEG Consortium
The equity infusion will fund Fourth Partner Energy’s business expansion plans to achieve 3.5 GW renewable energy asset portfolio by 2026.
Oriana Power to build electrolyzer gigafab for green hydrogen and e-fuels
Oriana Power Ltd is setting up a gigawatt-scale factory to produce alkaline electrolyzers and balance-of-plant (BOP) modules in partnership with US-based Splitwaters. The factory will be commissioned in two phases, with the first 500 MW phase to be operational by 2026.
