Gensol Engineering Limited has reported a net profit of Rs 228.9 million for the quarter ending September 2024, marking a 28.96% increase from Rs 177.5 million in the same quarter last year.Â
The company’s total income rose by 13.76% to Rs 3,468.2 million, up from Rs 3,048.7 million in the corresponding period of the previous year, reflecting steady growth in its financial performance.
Denmark’s largest offshore wind farm tender, launched in April 2024, received no bids, marking a setback for the global offshore wind industry. The tender offered six sites with a combined capacity of up to 10GW, including three in the North Sea and three in the Baltic and Kattegat. The Danish Energy Agency plans to engage…
West Bengal State Electricity Distribution Company Limited (WBSEDCL) has annulled the tender for a 250 MW standalone battery energy storage system (BESS) at Goaltore and withdrawn the letter of award issued to PM Green Private Limited, a wholly owned subsidiary of Power Mech Projects Limited. The letter of award, dated January 8, 2026, covered a…
ScottishPower Renewables has entered a £1 billion ($1.2 billion) agreement with Siemens Gamesa to supply 64 SG 14-236 DD turbines, each rated at 15MW, for the East Anglia 2 (EA2) offshore wind farm off England’s east coast. With a capacity close to 1GW, EA2 will generate enough energy to power nearly one million homes, supporting…
Kerala Electricity Minister K. Krishnankutty said on Monday that the State is examining the feasibility of setting up a thorium-based power plant while making it clear that a conventional nuclear plant is not under consideration. He said a report prepared for the government describes thorium power as waste-free and environmentally safer compared to nuclear plants,…
Suzlon Energy Limited has announced a strategic transition from a wind original equipment manufacturer (OEM) to an integrated renewable energy company covering wind, solar, and battery energy storage systems (BESS). Under its “Suzlon 2.0” roadmap, the company aims to scale annual renewable energy sales to 10 GW by FY31, expand its order book to 15…
Energy Efficiency Services Limited (EESL) has signed a memorandum of understanding (MoU) with Damodar Valley Corporation (DVC) to enhance energy efficiency and clean energy adoption. The collaboration aims to implement energy efficiency programs such as the street lights national programme, energy-efficient building solutions, and decentralised solar initiatives, including rooftop solar installations, solar carports, and hybrid…