Adani Green Energy Q1 profit jumps 51% to ₹323 cr; revenue up 41%
Sequentially, the consolidated net profit dropped 36.3% and total revenue fell 19.5% during the quarter under review.
wind energy
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Return of Wind
India's wind sector, going through a rough patch, is set for a rebound as the Centre tweaks auction policy, plans offshore wind projects and focuses on replacing old mills.
Inox Wind Energy shares zoom 19% on merger with parent
The smallcap stock has risen 385% in the last one year, from its 52-week low of ₹442.95 on June 23, 2022, to an all-time high of ₹2,150 intraday today.
Russia-Ukraine war short distraction to net zero emissions: Credit Suisse
The U.S. is leading the green spending charge with its Inflation Reduction Act, says Credit Suisse in a report.
March towards net zero: India's green power generation up 19% in FY23
When it comes to using renewable energy, Rajasthan and Gujarat are at the forefront, followed by Tamil Nadu, Karnataka, and Maharashtra.
For the first time, India will have windmills in sea soon; massive 13MW mills planned
Unlike onshore wind power mills where the capacity is less than 1MW, offshore wind power mills will have a minimum capacity of 13MW.
Windmill replacement up against hurdles
As of 22 November 2022, India's wind energy capacity was 41.8 GW and only 1.45 GW of wind capacity was added in 2021.
Replacement of old windmills is ₹40,000 crore opportunity
5GW of old windmills, mainly in Gujarat and Tamil Nadu, likely to be replaced.
Budget 2023: Develop Carbon Markets To Fast-track Energy Transition
Accelerate investment into low-carbon technologies beyond renewable energy.
This newly listed wind energy stock surges 15%; here’s why
The share price of Inox Green Energy Services, with a market cap of ₹1,298 crore, is down 28% from its IPO price of ₹65 apiece.
