Tags: renewable energy projects

Sterling and Wilson Solar shares tumble over 10 per cent in debut trade

Shares of Sterling and Wilson Solar made a disappointing debut on the bourses on Tuesday, falling more than 10 per cent over its issue price of Rs 780. The scrip opened the day at Rs 700, with a discount of 10.25 per cent over its issue price on the BSE. At the NSE, shares got […]

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Rajasthan has great potential in renewable energy sector: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Tuesday said the state has a great potential to become a world leader in the renewable energy sector. Speaking at the flagging off ceremony of ‘Akshay Urja Daud’ and a cycle rally to mark 75th birth anniversary of former prime minister Rajiv Gandhi, Gehlot said his government was making […]

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Suzlon Energy net loss narrows to Rs 337 cr in June quarter

Suzlon Energy’s consolidated net loss narrowed to Rs 336.88 crore in the June quarter, on account of lower expenses. The company had reported a loss of Rs 575.10 crore in the corresponding period of the previous financial year. Its total expenses in the April-June 2019 quarter declined to Rs 1,178.39 crore as compared with Rs […]

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Renewable energy certificate sales down 61 per cent in July

Sale of renewable energy certificates declined by 61 per cent to 6.29 lakh units in July as compared to 16.18 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 engaged […]

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Tamil Nadu power consumers hail ‘must run status’ of energy projects

Tamil Nadu Electricity Consumers Association (TECA) Friday welcomed the communication of the Ministry of New and Renewable Energy to the state governments to honour ‘must run status’ of wind and solar projects. In a press release here, TECA secretary N Pradeep said the decision was hailed as curtailing of wind and solar power by state […]

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Amazon Announces Two New Renewable Energy Projects in US and EU

Amazon announced the company’s 65th and 66th renewable energy projects. Amazon’s newest renewable energy project in the EU will be located in Cork, Ireland, and will be the second Amazon Wind Farm in the Republic of Ireland. Once complete, the new Amazon Wind Farm will provide 23.2 megawatts (MW) of renewable capacity, with expected generation of 68,000 megawatt hours (MWh) of clean energy […]

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States must Ensure “must-run” status of renewable energy companies: Govt

Indian government has asked states to ensure that the “must-run” status of renewable energy plants is honoured and that if supply from these units is curtailed, the reason must be given in writing to generating companies. According to ET the letter from the ministry of new and renewable energy to the chief secretaries of all […]

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Tesla introduces Megapack: Utility-Scale Energy Storage

Less than two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia, using Tesla Powerpack batteries. Since then, the facility saved nearly $40 million in its first year alone and helped to stabilize and balance the region’s unreliable grid. Battery storage is transforming the global electric grid and is […]

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Solar News Wrap: Rs 600 crore solar project, Fifty thousand solar pumps, RisenEnergy and more

In this week’s solar news wrap we bring you top headlines from solar industry which includes:- Uttarakhand Chief Minister Trivendra Singh Rawat allocated solar energy projects worth Rs 600 crore to local entrepreneurs Fifty thousand solar pumps will be given to farmers and ‘gaushalas’ in Haryana with the assistance of NABARD Risen Energy’s Module Supply […]

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India will overachieve Paris pact targets by 60%: IEEFA

India would significantly exceed its 2015 Paris Agreement target of a 40 per cent share of installed power capacity from non-fossil fuel sources by 2030, the US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Friday. Based on India’s Central Electricity Authority (CEA) projections, instead of 40 per cent, India will have 63 […]

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