Adani Green Energy Q3 profit soars 110% YoY
Adani Green Energy Ltd, the renewable energy arm of the diversified Adani Group, reported a consolidated net profit of INR 103 crore in the three months ended Dec. 31, 2022.
SJVN to build 700 MW solar plant in Uttar Pradesh
State-owned hydropower producer SJVN has signed a memorandum of understanding (MoU) with the Uttar Pradesh government to set up a 700 MW solar plant in Kanpur. The project cost is estimated at INR 3,500 crore ($423.4 million).
AC vs. DC in residential buildings equipped with solar-plus-storage
Scientists in Sweden have compared AC and DC topologies in PV-powered buildings using battery storage. They have found that DC distribution systems can achieve energy savings when they are combined with solar-plus-storage systems.
India signs MoU on energy efficiency programmes in Indonesia, Malaysia and Thailand
India’s Energy Efficiency Services Ltd has agreed to provide technical advisory, project management, contracting and implementation support for energy efficiency programmes in Indonesia, Malaysia, and Thailand.
Gujarat tenders 1 GW of solar projects
Gujarat Urja Vikas Nigam Ltd (GUVNL) has launched a tender to procure up to 500 MW of solar power from PV projects to be set up anywhere in India with greenshoe option of additional up to 500 MW. Bidding closes on March 13.
Reflective membrane to increase albedo, power yield in bifacial PV projects
Germany-based Solmax has developed a reflective membrane made of polyethylene resins and coated with a thin white polyethylene layer that reflects ultraviolet (UV) rays. The company claims the membrane can increase the energy yield of a bifacial PV project by between 5% and 20%, depending on the plant configuration.
PM Modi inaugurates India Energy Week 2023 in Bengaluru
Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.
Amp Energy India commissions open-access solar project for Bharat Serums and Vaccines
The 5 MW solar open-access project supplies power to Bharat Serums and Vaccines Ltd’s manufacturing facility in Ambernath, Maharashtra.
NTPC tenders EPC package for 500 MW of solar projects
NTPC Renewable Energy Ltd (NTPC REL) is accepting bids to install and commission 500 MW of grid-connected solar PV projects anywhere in India.
Tata Power posts $127.6 million profit in Q3 FY 2022-23
The integrated power company reported a profit after tax or net profit of INR 1,052 crore ($127.6 million) in the quarter ended December 2022, a 91% increase year-on-year.
