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Premier Energies and Inox Wind Energy report strong Q3 FY 2024-25 results
Premier Energies Limited reported strong third-quarter results for FY 2024-25, with a total income of Rs 17,494 million, up 144.76% from Rs 7,147 million in Q3 FY 2024. The company recorded revenue from operations of Rs 17,133 million and other income of Rs 361 million. EBITDA increased by 337.76% to Rs 5,495.70 million, while profit…
SRP and EDPR NA partner on 200 MW battery storage project in Arizona
Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America (EDPR NA), have announced a partnership to bring 200 MW of energy storage to Arizona’s grid. The Flatland Energy Storage Project, located near Coolidge, Arizona, will use Tesla-manufactured lithium-ion batteries and is expected to be operational by 2025. The 200…
Scatec achieves financial close for South Africa’s 103 MW Mogobe BESS
Scatec has reached financial close for its 103 MW/412 MWh Mogobe battery energy storage system (BESS) in South Africa. The project, Africa’s first and largest standalone dispatchable BESS, is set to begin construction near Kathu in the Northern Cape. Scatec holds a 51% equity share, with Perpetua Mogobe (RF) owning 46.5%, and the Mogobe Local…
Arab Group opposes fossil fuel phase-out at COP29 climate summit
The 22-nation Arab Group, led by Saudi Arabia, has opposed any United Nations Climate Change Conference (COP29) agreement that targets fossil fuels, according to The New Arab. Saudi representative Albara Tawfiq stated that the bloc would reject any language singling out fossil fuels in the climate negotiations held in Baku, Azerbaijan. The talks, focused on…
CleanMax commissions hybrid power project in Karnataka
CleanMax Enviro Energy Solutions Private Limited has commissioned a wind-solar hybrid power project in Jagalur, Karnataka to supply electricity to the India campus of Cisco Systems, Inc. The project combines 69 MWp of solar and 23.1 MW of wind capacity, making up a 92.1 MW hybrid system. It is part of a larger 151 MW…
India now has the world’s largest single-location battery storage project outside China
Adani Green Energy Limited (AGEL) has commissioned a cumulative 3.37 GWh battery energy storage system (BESS) at Khavda, Gujarat, which the company said is the world’s largest single-location battery storage deployment outside China. The latest phase includes 1.99 GWh of commercially operationalised BESS capacity effective May 26, 2026, in addition to 1.37 GWh commissioned in…
