Suzlon is continuously working on a resolution plan

Wind-turbine maker Suzlon Energy on Wednesday said the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps. “The company is continuously working on a resolution plan with the lenders and has also submitted a restructuring plan, which […]

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Renewables could cut the health impacts of air pollution by 80 percent

Electricity supply is one of the biggest CO2 emitters globally. To keep global warming well below 2°C, several paths lead to zero emissions in the energy sector, and each has its potential environmental impacts — such as air and water pollution, land-use or water demand. Using a first-time combination of multiple modelling systems, an international team […]

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Here is what you should know about AP’s key changes in energy policies

The Andhra Pradesh government recently made several key changes to its policies on solar, wind and hybrid power, primarily withdrawing the facility for energy banking and drawal that was purportedly causing a huge financial drain on the power distribution companies (Discoms). The Andhra Pradesh government said it has observed statutory audit has reported an abnormal […]

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AIIB expects $100m investment a year in India’s solar, wind projects

Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next month. AIIB expects to tap as much as $100 million green and renewable projects in India from next month, bank’s Director General (Investment Operations) Pang Yee Ean said. In a […]

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Renewable Energy certificate sales down dipped 2.25 percent in October

Sales of renewable energy certificates dipped 2.25 per cent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are […]

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Tech Mahindra, Mahindra TEQO Partners to Create Digital Solutions for Renewable Energy Industry

Tech Mahindra has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create digital solutions for the global renewable energy industry. The solutions, developed by leveraging next generation technologies like Artificial Intelligence, Machine Learning, Augmented Reality , Virtual Reality and IIoT (Industrial Internet of Things) […]

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Suzlon Energy reports widening of net loss to Rs 777 cr in Q2

Suzlon Energy on Thursday reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019. The company had reported a net loss of Rs 625.76 crore in the corresponding quarter last fiscal, Suzlon Energy said in a BSE filing. Its revenue from operations fell to Rs 803.09 crore […]

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Adani Green Energy posts consolidated net profit of Rs 102 crore in Q2

Adani Green Energy on Wednesday posted a consolidated net profit of Rs 102 crore profit for the September quarter of 2019-20. The company reported a loss of Rs 188 crore in the year-ago period, a BSE filing said. Total income rose to Rs 711.96 crore in the second quarter from Rs 458.89 crore a year […]

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Distributed Energy unveils a platform connecting investors & customers in renewable energy

Distributed Energy, a renewable energy aggregator has announced one of its kind platform that connects credible renewable projects with investors. After comprehensive due diligence on several metrics is performed, energy customers have their fundable projects listed on its marketplace. Investors can explore and express interest in one or more of these at the click of a button. The […]

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INSPIRE 2019 inaugurated, recognizes five ground-breaking innovations in clean energy & energy efficiency

With a vision to create a conducive environment that direct and nurture innovation in India and successfully advances its role in the global energy transition, the fourth edition of the International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2019) kicked off in Mumbai, today. The two-day symposium is being organised by Energy […]

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