Author: PPD Team Date: 25/10/2024
Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, marking a 172.18% increase compared to Rs 2.84 billion in the same quarter last year.
The company’s total income also rose by 68.88%, reaching Rs 63.6 billion, up from Rs 37.66 billion during the corresponding period of the previous year.
Author: PPD Team Date: 30/10/2024 Adani Power Ltd reported a nearly 50% year-on-year drop in net profit for Q2 FY25, with earnings at Rs 33.17 billion, down from Rs 66.16 billion in the same quarter last year. However, revenue from operations rose by 2.68% to Rs 133.39 billion, up from Rs 129.91 billion in Q2 FY24. EBITDA increased by 24.6% to Rs 54.02 billion, driven by higher sales volumes and reduced fuel and operating costs….
Author: PPD Team Date: 21/02/2025 RenewSys has secured a contract to manufacture and supply 72.5 MWp of 590 Wp tunnel oxide passivated contact (TOPCon) glass-to-glass solar modules to Radiance Renewables. The deliveries are scheduled for completion by March 2025. RenewSys operates manufacturing facilities with an annual capacity of 2.5 GW for solar PV modules, 8 GW for encapsulants, 4 GW for backsheets, and an ongoing 2.3 GW expansion for PV cells. Its Hyderabad facility produces…
Author: PPD Team Date: 28/01/2025 The central government has approved an investment of Rs 4.88 billion under the Power System Development Fund for nine new schemes to strengthen Telangana’s power grid and ensure reliable electricity supply. The investment will support the installation of smart meters in government offices under the Revamped Distribution Sector Scheme (RDSS). Additionally, Telangana’s proposal under the planned distribution scheme will be given priority consideration.
Author: PPD Team Date: 21/10/2024 Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers. These glasses are crucial for solar panel production, which is vital for India’s renewable energy…
Author: PPD Team Date: 04/11/2024 In Salzgitter, Germany, an old iron ore mine is being transformed into the Konrad repository, a facility to house Germany’s radioactive waste. The site, situated a kilometre underground, is projected to store over 300,000 cubic meters of low- and intermediate-level waste from shuttered nuclear plants. Engineers aim to encase waste in concrete to prevent radiation release, ensuring long-term containment. Set to open in the early 2030s, Konrad represents Germany’s sole…
Author: PPD Team Date: 23/01/2025 Lhyfe and Masdar have signed a Memorandum of Understanding (MoU) to explore the co-development of large-scale green hydrogen production projects in Europe. This partnership will identify collaboration and investment opportunities across the green hydrogen value chain, combining the strengths of both companies to drive innovation and growth in the sector. In October 2024, Lhyfe also signed an MoU with KEYOU to advance hydrogen mobility in Germany and Europe. Lhyfe is…
Author: PPD Team Date: 30/10/2024 Adani Power Ltd reported a nearly 50% year-on-year drop in net profit for Q2 FY25, with earnings at Rs 33.17 billion, down from Rs 66.16 billion in the same quarter last year. However, revenue from operations rose by 2.68% to Rs 133.39 billion, up from Rs 129.91 billion in Q2 FY24. EBITDA increased by 24.6% to Rs 54.02 billion, driven by higher sales volumes and reduced fuel and operating costs….
Author: PPD Team Date: 21/02/2025 RenewSys has secured a contract to manufacture and supply 72.5 MWp of 590 Wp tunnel oxide passivated contact (TOPCon) glass-to-glass solar modules to Radiance Renewables. The deliveries are scheduled for completion by March 2025. RenewSys operates manufacturing facilities with an annual capacity of 2.5 GW for solar PV modules, 8 GW for encapsulants, 4 GW for backsheets, and an ongoing 2.3 GW expansion for PV cells. Its Hyderabad facility produces…
Author: PPD Team Date: 28/01/2025 The central government has approved an investment of Rs 4.88 billion under the Power System Development Fund for nine new schemes to strengthen Telangana’s power grid and ensure reliable electricity supply. The investment will support the installation of smart meters in government offices under the Revamped Distribution Sector Scheme (RDSS). Additionally, Telangana’s proposal under the planned distribution scheme will be given priority consideration.
Author: PPD Team Date: 21/10/2024 Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers. These glasses are crucial for solar panel production, which is vital for India’s renewable energy…
Author: PPD Team Date: 04/11/2024 In Salzgitter, Germany, an old iron ore mine is being transformed into the Konrad repository, a facility to house Germany’s radioactive waste. The site, situated a kilometre underground, is projected to store over 300,000 cubic meters of low- and intermediate-level waste from shuttered nuclear plants. Engineers aim to encase waste in concrete to prevent radiation release, ensuring long-term containment. Set to open in the early 2030s, Konrad represents Germany’s sole…
Author: PPD Team Date: 23/01/2025 Lhyfe and Masdar have signed a Memorandum of Understanding (MoU) to explore the co-development of large-scale green hydrogen production projects in Europe. This partnership will identify collaboration and investment opportunities across the green hydrogen value chain, combining the strengths of both companies to drive innovation and growth in the sector. In October 2024, Lhyfe also signed an MoU with KEYOU to advance hydrogen mobility in Germany and Europe. Lhyfe is…
Author: PPD Team Date: 30/10/2024 Adani Power Ltd reported a nearly 50% year-on-year drop in net profit for Q2 FY25, with earnings at Rs 33.17 billion, down from Rs 66.16 billion in the same quarter last year. However, revenue from operations rose by 2.68% to Rs 133.39 billion, up from Rs 129.91 billion in Q2 FY24. EBITDA increased by 24.6% to Rs 54.02 billion, driven by higher sales volumes and reduced fuel and operating costs….
Author: PPD Team Date: 21/02/2025 RenewSys has secured a contract to manufacture and supply 72.5 MWp of 590 Wp tunnel oxide passivated contact (TOPCon) glass-to-glass solar modules to Radiance Renewables. The deliveries are scheduled for completion by March 2025. RenewSys operates manufacturing facilities with an annual capacity of 2.5 GW for solar PV modules, 8 GW for encapsulants, 4 GW for backsheets, and an ongoing 2.3 GW expansion for PV cells. Its Hyderabad facility produces…