Tata Power posts INR 1,017 crore profit in Q2 FY 2024
Tata Power clocked 16th consecutive quarter of net profit (profit after tax) growth with Q2 FY 2024 profit rising 9% YoY to INR 1,017 crore ($122.18 million).
Major U.S. solar developer announces recycling plans
EDF Renewables North America signs on with Solarcycle to recycle damaged or broken solar panels.
Avaada Energy wins 1.4 GW DC solar project from NHPC
Avaada Energy secured the 1.4 GW DC solar project by offering a competitive tariff of INR 2.53 ($0.0304) per kWh to NHPC.
Europe should produce its own green hydrogen
As the cost of generating clean energy continues to fall, producing green hydrogen in Europe, rather than importing it from Africa – with all the transport costs and raised carbon footprint that would entail – is beginning to look like an increasingly viable option.
Gujarat tenders 1 GW solar
Gujarat Urja Vikas Nigam Ltd (GUVNL) is accepting bids to develop up to 1 GW of solar PV projects (including 500 MW under greenshoe option) for power supply to the state discom. The projects are to be set up on a build-own-operate basis and can be located anywhere in India.
NHPC allocates 3 GW of solar at $0.030/kWh
The selected developers can set up solar projects anywhere in India, as long as these are connected to the interstate transmission system.
NTPC tenders 3 GW of renewables storage
The state-run power producer has also tendered the EPC package for 630 MW of solar power projects.
Install grid-connected solar, rinse, repeat
Will a redeployable solar and energy storage solution be the answer to unreliable grid electricity across much of Africa, as its developer proposes? Or will it merely be a temporary solution that will see cash-strapped utilities kick the can of universal energy access further down the road?
Ensuring a just and inclusive energy transition for the Global South
Amid calls for an immediate transition to renewable energy, it’s important to ensure that aspects such as domestic resource utilization, the cost of transition, and the impact on the population are not overlooked.
Ayana Renewable Power earns ‘A-’ in ISS ESG Rating
Indian developer Ayana Renewable Power has been recognized with ‘A-‘ rating for its performance on the Environmental, Social, and Governance (ESG) metrics, becoming the top ESG scorer among all renewable energy firms in Asia.
