Adani Green Energy Q4 net profit declines 39 pc to Rs 310 cr due to rising expenses
The sale of energy increased 47 per cent year-on-year to 21,806 million units in FY24, primarily backed by strong capacity addition, consistent solar CUF (capacity utilisation factor) and improved wind and hybrid CUF.
Six Adani firms get SEBI show cause notice
The firms said there is no material non-compliance with applicable laws and regulations and no material consequential effect.
Gujarat Toolroom acquires 65-acre land for Rs 570-cr hybrid energy project
The company has acquired 65 acres of land on long-term lease in Gujarat for the establishment of Green Energy Hybrid Power Plant Project worth Rs 5.72 billion, it said.
ADB open to funding space sector in India: VP Bhargav Dasgupta
Last month, the government notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments.
First Solar posts higher quarterly profit on strong demand
The U.S. solar market has seen significant momentum since last year, helped by regulatory steps such as the Biden administration's 2022 Inflation Reduction Act, which provides tax credits for panels made in the United States.
India, Nigeria to increase cooperation in energy, UPI, local currency settlement to enhance economic ties
The Indian delegation consisted of officials from Reserve Bank of India (RBI), EXIM Bank of India and National Payments Corporation of India (NPCI), the ministry said in a statement.
Toyota establishes H2HQ in California to promote fuel cell technology
H2HQ will drive North American-led hydrogen initiatives and support the localization of global hydrogen-related technologies and products that include light-duty fuel cell applications, heavy-duty fuel cell opportunities, stationary fuel cell power generation, port vehicle applications and more.
Impact investor LeapFrog planning investments in Energy, Mobility, Agri and Built Environment
The focus is part of a larger strategy to support businesses that provide for low-income emerging consumers and at the same time gain from the emergence of the "green discount" in some sectors and geographies.
India eyes 5 million tonne of green hydrogen by 2030 with new technologies
The Hydrogen Technology Expo in Delhi brought together industry experts to explore how the country can modernize production and scale up green hydrogen applications.
Galvanising Investments in Africa Through the APRA Forum in Nairobi
Under the auspices of the Accelerated Partnership for Renewables in Africa (APRA), Kenya and the International Renewable Energy Agency (IRENA), in coordination with other APRA members and partners, will convene an investment forum on 1-5 September 2024.