Home » Daily Newsletter » ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19%
ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a...
In a bid to give an impetus to India's pumped storage hydro power projects, the Ministry of Power has come up with a proposal that seeks to provide multiple incentives entailing tax breaks. It has also set sights on facilitating the process of environment clearance...
Kerala is on the spree to find offshore wind energy possibilities in the state to step up the renewable energy expansion. In a key development the, state’s Agency for New and Renewable Energy Research and Technology (ANERT) has signed an agreement with the Norwegian renewable...
Coal India Limited has issued a tender for design, engineering, procurement and supply, construction, erection, testing and commissioning of 35 MW (ac) solar PV power plants. The plants are at the three locations of Eastern Coalfields Ltd (ECL) with comprehensive O&M of the plant and...
SECI (The Solar Energy Corporation of India) is inviting bids to construct a 2 MWh solar project and a 1 MW Battery Energy Storage System (BESS) in Kaza, Himachal Pradesh. The last date for online submission of bids is 03.04.2023 till 1400 Hours and tenders...
Operated by the Municipal Corporation, three material recovery facility (MRF) centres are set to welcome rooftop solar energy power plants. These plants will boast of robotic cleaning equipment. This is a first such initiative for the city. The project, worth Rs 6.69 cr has received...
Assam's Brahmaputra Valley which has been prone to elephant-human conflict for quite some time now, has launched a new initiative that employs solar lighting, solar fencing and community education, to stem the challenge of conflict between elephants and human beings. The project is gaining support...
Chinese solar module maker Risen Energy has announced that its HJT series solar module called ‘Hyper-ion’ has achieved a maximum power of 741.456W and a module efficiency of 23.89%. Risen Energy said that the results were verified by TÜV SÜD, a global provider of testing,...
Global renewable energy firms TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, the UK-headquartered Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project....
Solar manufacturer SolarSpace has announced a long-term alliance with the insurance company, PAIC (Ping An Insurance (Group) Company of China Ltd.) and Ariel Re of Lloyd’s of London, a reinsurer institution, will provide 25-30 years of power loss compensation liability insurance service for the module...
The Tamil Nadu government has issued a statement that electric vehicle manufacturer Ola Electric will be investing Rs 7,614 crore ($920 million) in Tamil Nadu for the production of electric cars and batteries for electric vehicles (EVs). The investment of $920 million from the firm...
The Himachal state department of transport has become the first in India to switch its complete fleet of official diesel and petrol vehicles to electric vehicles. The government is looking to use electric vehicles for all of its departments in a the time span of...
EV charger manufacturer and solar solutions provider Servotech Power Systems has recently announced a partnership with Dubai's Al Ansari Motors LLC, a firm in motor vehicles and accessories trading. Under the partnership, Servotech will offer EV charging solutions to Middle Eastern and African markets. The...
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