APT Translations

The 250Kwh TESS, developed by E2S, has been synchronized with the IPCL system and will help the company achieve its goal of integrating 80 per cent renewable energy into the distribution system by the end of this year, a joint statement on Wednesday said.

"Ecofy is committing Rs 100 crore into the partnership, showcasing confidence in Waaree's capabilities and the renewable energy sector's growth potential," Waaree Energies said in a statement.

The court's decision brings clarity to the application of the Manufacture and Other Operations in Warehouse (MOOWR) regulations, ensuring that policy decisions do not arbitrarily determine project eligibility.

The two companies plan to join forces on R&D on biofuels, hydrogen, and carbon capture and storage technologies in particular, TotalEnergies said in a press release.

Hydro power accounted for just 9 per cent of China's total electricity output during the first quarter of 2024, down from a 5-year average of 11 per cent during that period, data from think tank Ember shows.

Cutting fossil fuel use and emissions in the power sector is seen as vital to meeting global climate targets. More than 100 countries at the COP28 climate summit in Dubai last year agreed to triple renewable energy capacity by 2030.

On average, projects experiencing delays would begin operations 15 months after the original expected online dates.

The company, a former Siemens division that supplies equipment to the power industry, also raised its outlook for 2024, primarily on the back of its power grid business, causing its shares to rise 6.6% in pre-market trade.

The current slump is “irrational” and there’s only a small probability it will continue, Jinko Solar Co. Chairman Li Xiande said in a joint presentation hosted by the Shanghai Stock Exchange.

The power transmission and distribution (PT&D) vertical has also received orders to set up transmission lines and a gas insulated substation to integrate solar energy zones in Rajasthan and Karnataka.