Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.
Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025.
This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.
JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59 billion, marking a 2% year-on-year increase. Net generation for the quarter rose by 14% YoY to 9.8 billion units, driven by wind capacity additions and higher generation at thermal and hydro plants….
Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of equipment needed for the reactor’s restart. Constellation has committed to investing $1.6 billion by 2028 to bring the plant back online. Following a detailed survey of the site, which assessed essential infrastructure and equipment, Constellation…
Power & Instrumentation (Gujarat) Limited, a key player in the electrical contracting and equipment industry, has been awarded contracts worth Rs 2.841 billion under the Mukhyamantri Ujjawal Jharkhand Yojana (MUJY). The contracts involve electrifying un-electrified and partially electrified habitations and households in Sahibganj District, Jharkhand. The contracts are divided into two parts: Contract Part I: Valued at Rs 2.292 billion, this contract covers the loading, transportation, installation, and commissioning of electrification infrastructure in rural habitations…
JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The PPA, with a tariff of Rs 2.56/kWh, is set for 25 years, and the project is expected to be commissioned within 24 months. JSW Energy, targeting 10 GW operational capacity by FY 2025, currently operates 7.9 GW across thermal, hydro, and renewable…
The Odisha government has provided a total of Rs 1.54 billion in subsidies to electric vehicle (EV) owners since the 2022-23 financial year, according to Transport Minister Bibhuti Bhusan Jena. The sale of EVs in the state has shown a significant increase since the subsidy initiative began on September 1, 2021. In 2022-23, the state disbursed Rs 0.088 billion in subsidies for 14,182 EVs, and this rose to Rs 0.572 billion for 36,518 registered EVs…
Odysse Electric has announced that Sun Mobility’s battery swap solution will power its e-commute bike Vader SM in key international markets through collaboration. This partnership aims to expand Odysse Electric’s global footprint and accelerate the adoption of electric mobility worldwide, according to a company statement. Odysse Electric’s product portfolio includes two e-motorcycle models and five e-scooter models with various variants. The partnership will utilize Sun Mobility’s battery-swapping platform to enhance the accessibility and convenience of…
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