Key Highlights ~ YoY revenue growth of 36%; QoQ revenue growth of 13% ~ 3rdconsecutive quarter of PAT ~ Gross margin continues to remain stable at ~10% ~ New domestic orders/LOI of around INR 2,050 crore during the quarter Mumbai – Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), […]
ADB, Partners Open Renewable Based Minigrid to Deliver Clean Electricity to Niuafo’ou – EQ
In Short : The Asian Development Bank (ADB) and partners have launched a renewable-based minigrid project to provide clean electricity to Niuafo’ou, Tonga. Utilizing solar power, the initiative aims to reduce reliance on fossil fuels, lower electricity costs, and improve local living standards. This project highlights the Pacific region’s commitment to sustainable energy solutions and […]
IEA Renewables 2024 – Massive global growth of renewables to 2030 – EQ
In Short : The IEA’s Renewables 2024 report highlights significant global growth in renewable energy, projecting a substantial increase by 2030. Factors driving this expansion include declining costs, technological advancements, and supportive government policies. As countries prioritize sustainability and energy security, renewables are expected to play a pivotal role in meeting global energy demands, contributing […]
Union Minister Shri Pralhad Joshi to embark on a three-day tour to Germany to strengthen India’s cooperation in the field of sustainable development and renewable energy – EQ
In Short : Union Minister Shri Pralhad Joshi will undertake a three-day visit to Germany to enhance India’s collaboration in sustainable development and renewable energy. During his trip, he will engage with key stakeholders to explore opportunities for joint initiatives and investments in green technologies. This visit underscores India’s commitment to addressing climate change and […]
India’s Jakson Green nears $476 mln fundraise for renewables capacity expansion – EQ
In Short : India’s Jakson Green is close to securing $476 million to expand its renewable energy capacity. This funding will support the company’s initiatives in solar, wind, and other clean energy projects, aiming to enhance its infrastructure and contribute to sustainable energy solutions. The investment reflects growing confidence in the renewable sector and aligns […]
India’s Renewable Energy Boom: Job Creation and Sustainable Growth – EQ
In Short : India’s renewable energy sector is experiencing a significant boom, contributing to job creation and sustainable growth. With ambitious targets for solar, wind, and other clean energy sources, the government is driving investments that not only reduce carbon emissions but also generate millions of jobs. This transition fosters economic resilience, promotes innovation, and […]
Google collaborates with CleanMax to add clean energy capacity in India – EQ
Supports Google’s growing operations and decarbonization strategy in India. 125.4 MW Hybrid Project includes 66 MW of solar and 59.4 MW of wind power. Environmental impact with an estimated 250,000 tons of annual CO2 reduction associated with renewable electricity generation. New Delhi : Global technology leader Google today announced a collaboration with Clean Max Enviro […]
Suzlon aims to be renewable solutions leader, looks beyond wind – EQ
In Short : Suzlon, traditionally known for its wind energy solutions, is aiming to become a comprehensive leader in renewable energy. The company is expanding its focus beyond wind power to include other green energy solutions, such as solar and hybrid renewable systems. By diversifying its portfolio, Suzlon seeks to play a key role in […]
Climate goal to triple global renewable energy by 2030 within reach, IEA says – EQ
In Short : The International Energy Agency (IEA) has stated that the goal to triple global renewable energy capacity by 2030 is within reach. Strong investments in solar, wind, and other renewable sources are driving rapid growth. The IEA highlights that achieving this goal is crucial for meeting climate targets, reducing carbon emissions, and ensuring […]
India-US sign pact to unlock one billion dollars for clean energy technology manufacturing – EQ
In Short : India and the US have signed an agreement to unlock $1 billion in funding to boost clean energy technology manufacturing. The pact aims to enhance collaboration between the two countries in areas such as renewable energy, energy storage, and green hydrogen production. This initiative will help India accelerate its energy transition, reduce […]
