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.
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has notified banking regulations under its Green Energy Open Access Policy. It permits consumers to bank up to 30 per cent of their monthly electricity consumption procured from the distribution licensee. Banking charges are set at 8 per cent of the banked energy, adjusted in kind. The distribution…
Cadiz has partnered with RIC Energy to build a green hydrogen facility at Cadiz Ranch in California’s Mojave Desert, where Cadiz will supply land and water resources to support RIC Energy’s solar-powered hydrogen production. The facility aims to generate 100% green hydrogen, targeting distribution across Southern California for zero-emission vehicles and power generation. The project…
Adani Group Chairman Gautam Adani announced key milestones in the Group’s energy partnership with Bhutan during a recent visit to the country. In a social media post, Mr. Adani stated that a Memorandum of Understanding (MoU) was signed for the development of 5,000 MW of hydropower capacity. Concurrently, the 570 MW Wangchhu Hydro Electricity Project…
India and Canada have reaffirmed and expanded their strategic cooperation across energy security, critical minerals, and clean technology. Following high-level ministerial dialogues, both nations committed to deepening trade, reciprocal investment, and collaborative projects in conventional and renewable energy sectors. The renewed partnership was launched during India Energy Week 2026 in Goa, where India’s Minister of…
Feston SEV Private Limited, the solar inverter and power electronics arm of FestGroup, has entered the Battery Energy Storage System (BESS) segment, expanding its portfolio to include solar generation, storage, and power electronics. The company has outlined a target annual production capacity of 3 GWh for its BESS operations. Its product range will cover systems…
Union Minister for Coal and Mines Shri G. Kishan Reddy has released two key strategy documents—the Copper Vision Document and the Aluminium Vision Document. Both aim to secure raw materials and support India’s long-term growth in energy, transport, and infrastructure. The announcement was made at the International Conference on Sustainable and Responsible Mining in Hyderabad….