ISA, Airports Council to collaborate on scaling solar across airports globally
The International Solar Alliance (ISA) and Airports Council International (ACI) have agreed to strengthening cooperation to scale up solarization of airports across ISA member countries.
Brookfield, Reliance Industries sign MoU for solar panel, battery storage production in Australia
Brookfield and Reliance have signed a memorandum of understanding to explore the production of solar panels, long-duration battery storage, and other renewable energy equipment in Australia.
NTPC profit surges 9.39% YoY in first quarter
The state-owned power generator reported a net profit (profit after tax) of INR 4,066 crore ($494.34 million) in the April-May-June period of FY 2023-24.
Adani New Industries raises $394 million from Barclays, Deutsche Bank
Adani New Industries Ltd has raised a trade finance facility of $394 million from Barclays and Deutsche Bank, securing the working capital requirements of its integrated solar module fab.
PM KUSUM scheme hits 2.45 lakh solar pumps milestone
As on June 30, 2023, around 2.45 lakh agriculture pumps have been installed or solarized under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme.
The hydrogen motives: understanding the ‘why’ of the hydrogen push in Asia and beyond
Various industry interests are at play behind clean energy drive
Hero Future Energies signs $756 million MoUs with REC, PFC
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) will extend INR 3,100 crore (($378 million) each to support Hero Future Energies’ upcoming renewable energy projects.
8.5 GW of solar parks completed under govt support scheme
Eleven solar parks aggregating 8.521 GW have been completed and seven solar parks totaling 3.985 GW partially completed under the Ministry of New and Renewable Energy’s scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects.”
Waaree Renewable reports improved revenue, profit in first quarter
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
Juniper Green Energy signs $611.24 million MoU with PFC
Juniper Green Energy will use the amount to fund its upcoming 1.2 GW of renewable energy projects.
