Adani Green Energy Limited (AGEL) reported a net profit of Rs 5.15 billion for the quarter ending September 2024, marking a 39% increase from Rs 3.71 billion in the same quarter last year.
The company’s total income rose by 30.39% to Rs 33.76 billion during this period, up from Rs 25.89 billion recorded in the corresponding quarter of the previous year.
Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government of India, marks the largest clean energy partnership between the two nations and aims to strengthen regional energy security and accelerate the clean energy transition. The agreement, signed in Thimphu in the presence of Bhutan’s…
FTC Solar has signed a supply agreement with US-based Dunlieh Energy to provide solar tracker systems for over 1 GW of solar projects. The collaboration’s first project, the 500 MW Situla energy project in Banner County, Nebraska, will feature solar and battery storage and is expected to create over 225 local construction jobs, generating more than $1.4 million annually in nameplate capacity taxes. Tracker deliveries for the Situla project are set to begin in the…
Envision Wind Power Technologies India has secured a 116 MW wind turbine supply order from Blueleaf Energy for a co-located wind-solar hybrid power project in Madhya Pradesh. The project, set to begin construction in 2024 and complete by 2025, supports India’s renewable energy goals. The agreement involves the supply of EN-156 3.3 MW turbines. The project, part of Blueleaf Energy’s goal to deploy over 5 GW of renewable capacity in India by 2030, aims to…
The Ministry of Railways has issued a tender for a 4 MW ground-mounted, grid-connected solar power project at Thivim, Konkan Railway, Goa. This project, intended to power the Thivim Traction Sub-Station (TSS), will operate on a public-private partnership (PPP) basis under a design, build, finance, operate, and transfer (DBFOT) model for 25 years. The deadline for bid submission is set for November 29, 2024, with project completion expected within 180 days. In related developments, Southern…
Renewable energy developer OX2 has acquired its first onshore wind project in Western Australia, with a planned capacity of 1GW. Located north of Perth, the project is in the early development stages and will include a 100MW battery energy storage system. The acquisition involves collaboration with 20 landowners, and the original developers will continue to oversee the approval process alongside OX2. This acquisition is part of OX2’s strategy to expand its renewable energy portfolio in…
CEA releases report on Right-of-Way width for transmission lines The Central Electricity Authority (CEA) has released a report on Right-of-Way (RoW) width calculations for transmission lines using monopole towers and HTLS conductors. The report compares configurations and highlights challenges like higher costs and limited manufacturing for monopole structures. It supplements the July 2020 guidelines and was compiled by a 13-member committee. CTUIL approves Rs 4 billion transmission projects to boost infrastructure CTUIL has approved seven…
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