Author: PPD Team Date: January 20, 2025
Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year.
The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.
Author: PPD Team Date: January 29, 2026 Kosol Energie has signed an agreement with the Government of Andhra Pradesh to implement India’s largest distributed residential rooftop solar programme, covering around 150,000 households. The project will be executed under the Pradhan Mantri Suryaghar Muft Bijli Yojana (PM Suryaghar Yojana) and supported by a 360 MW microinverter supply arrangement with Hoymiles Power Electronics Inc. The agreement includes what Kosol Energie described as the largest single microinverter order…
Author: PPD Team Date: October 15, 2024 Danish wind turbine manufacturer Vestas and Nordic energy company Fortum have settled their arbitration dispute regarding wind energy projects in Russia. Both parties agreed to drop all past, present, and future claims, with the settlement terms remaining confidential. The dispute began in 2022 when Fortum initiated arbitration at the International Chamber of Commerce in Stockholm. Fortum sought more than $218 million (€200 million) in compensation from Vestas for…
Author: PPD Team Date: November 28, 2024 The Western Australian (WA) government has completed the second phase of the Kwinana big battery project, marking a major milestone in the region’s energy transition. This phase involved constructing an A$661 million ($428 million) battery energy storage system (BESS) with a capacity of 800 MWh and a 200 MW output capability, supported by 288 battery modules and 72 inverter units. Construction, which began in July 2023, created 200…
Author: PPD Team Date: November 24, 2025 TotalEnergies is reportedly preparing to sell up to 6 per cent of its holding in Adani Green Energy Limited. The stake is valued at about USD1.14 billion, and the company is exploring the move to realise part of the gains from its investment. TotalEnergies holds nearly 19 per cent in Adani Green through two subsidiaries. It invested USD2.5 billion in 2021. The proposed sale is being examined by…
Author: PPD Team Date: August 7, 2025 Juniper Green Energy has commissioned 25 MW of wind capacity at Dev Bhumi Dwarka, Gujarat. The plant is part of its 50 MW wind power project being developed through subsidiary Juniper Green Beam Private Limited. This milestone was reached nearly three months before the scheduled commercial operation date of October 17, 2025. The full 50 MW project is backed by a power purchase agreement with Gujarat Urja Vikas…
Author: PPD Team Date: November 3, 2025 Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as part of the upgrade. The total capital expenditure for the expansion and technology transition is estimated at Rs 31.36 billion, which will be fully financed through internal accruals. Under…