Uma Gupta
Adani New Industries Q1 revenue up 209% YoY
Adani New Industries Ltd recorded a revenue of INR 1,898 crore ($229 million) in the first quarter of FY 2023-24, 209% up year-on-year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 7.5 times to INR 355 crore as export volumes surged 19 times.
Sterling and Wilson wins renewable EPC orders worth INR 826 crore
Sterling and Wilson Renewable Energy has won around 1 GW of EPC projects in the first four months of FY 2023-24. The projects are located in the Indian states of Rajasthan, Uttar Pradesh and Gujarat.
ISA, Airports Council to collaborate on scaling solar across airports globally
The International Solar Alliance (ISA) and Airports Council International (ACI) have agreed to strengthening cooperation to scale up solarization of airports across ISA member countries.
Financing implementation of solar energy solutions in the Pacific Island countries
The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.
SJVN tenders 1.5 GW wind-solar hybrid projects
SJVN Ltd has invited bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.
HPCL to empanel PV panel manufacturers for its solar projects
Hindustan Petroleum Corp. Ltd (HPCL) is enlisting solar panel suppliers and manufacturers for its future PV projects across India.
Apraava Energy secures renewable energy transmission projects in Rajasthan
The projects are part of the evacuation scheme for 20 GW of renewable energy generation in Rajasthan to the national grid.
KPIT testing sodium-ion battery packs in three-wheelers
The sodium-ion battery technology has been designed and developed by KPIT Technologies.
Tata Power secures PPAs for 350 MW of solar projects
Tata Power Renewable Energy Ltd will develop 200 MW and 150 MW solar projects for power supply to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The projects will be located in Maharashtra.
SECI tenders 1.5 GW of renewables with storage
Solar Energy Corp. of India Ltd has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on September 15.
