In Short : Reliance Power reported a net profit of ₹42 crore in Q3, marking a return to profitability after previous losses. The turnaround was driven by improved operational efficiency and cost management. Higher power demand and strategic initiatives contributed to revenue growth. The company remains focused on strengthening its financial position and expanding its […]
Waaree Renewable Technologies Limited reports 864% Y-o-Y growth in net profit from H1 September 2022 – EQ Mag Pro
Mumbai : Waaree Renewable Technologies Limited, the listed EPC subsidiary of Waaree Energies Ltd, announced its financial results for the second quarter and half year ended September 30, 2022. The company reported a net profit after tax of INR18.08 crore in the September 2022 half year ended against the net profit after tax of INR1.88 […]
Shell publishes reports on Sustainability, Industry Associations, and Payments to Governments – EQ Mag Pro
Shell plc has published its 2021 Sustainability Report, its 2022 Industry Associations Climate Review Update and its 2021 Payments to Governments Report. Shell has been formally reporting on sustainability-related performance for 25 years, with the aim of being transparent about activities that are important to investors, governments, and civil society. The 2021 Shell Sustainability Report […]
These 7 auctions show India’s renewables sector is still primed for growth
Despite pandemic disruptions, there is plenty of investment capital available for renewable projects While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a […]
IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific
From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]
Overcoming uncertainty: UK energy storage market trends
The fourth annual UK Energy Storage Summit gathered industry professionals in the heart of London last week. The two-day event saw a wide range of topics discussed, debated, and disagreed upon, from regulatory issues to the Capacity Market to the rising demand for flexibility. In a Q&A with Energy-Storage.news, Solar Media Market Research analyst Lauren Cook […]
