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Home2023January

Month: January 2023

Siemens
ET Renewable

Siemens Energy cuts profit outlook as Siemens Gamesa woes continue

January 23, 2023 Mariel Alumit

The German supplier of equipment to the power sector, which was spun off from Siemens AG in 2020, now expects a profit margin before special items of 1 per cent-3 per cent in the year […]

energy
ET Renewable

Sustainability must be at forefront of energy transition: ReNew Power chief Sumant Sinha

January 23, 2023 Mariel Alumit

“Every country has a different way of looking at energy transition. For developing countries, it is about cost, while for developed ones, it is more about energy security,” he said. Davos: Energy security may be […]

Price
ET Renewable

Opinion: Model no more? Turkey’s energy transition reversed in 2022: Maguire

January 23, 2023 Mariel Alumit

Between 2018 and 2021, the country managed to increase overall electricity generation by 9 per cent while simultaneously cutting coal generation more than 8 per cent, thanks to an aggressive 21 per cent rise in […]

Price
ET Renewable

Over 28 pc rural households covered under ‘Jal Jeevan Mission’ in J’khand

January 23, 2023 Mariel Alumit

Solar energy has been given prominence in the water supply scheme, due to which the state will save around Rs 500-600 crore and in the same way, energy conservation can also be done, he said. […]

projects
ET Renewable

Odisha clears Rs 1.5L crore worth proposals, IT infra, green energy projects on top priority

January 23, 2023 Mariel Alumit

According to the state government, the said projects are likely to create employment opportunities for 27,030 people in the state. Among the sectors that are likely to get these investments primarily include green energy and […]

Australia
ET Renewable

Australia-to-Asia power project to go up for sale in January

January 23, 2023 Mariel Alumit

The administrators said they plan to appoint an adviser shortly to run the sale of Sun Cable, a Singapore-based company that collapsed after its two top investors, Mike Cannon-Brookes and Andrew Forrest, failed to agree […]

Sri Lanka
ET Renewable

India to encourage greater investments in Sri Lanka’s economy: EAM Jaishankar

January 23, 2023 Mariel Alumit

Sri Lanka has enormous renewable energy potential that can become a sustainable source of revenue, Jaishankar said, adding that Trincomalee has the capability to emerge as an energy hub. Colombo:Indiawill encourage greater investments inSri Lanka‘s economy, […]

energy
ET Renewable

What’s in store for renewable energy sector in Budget 2023?

January 23, 2023 Mariel Alumit

Severe demand-supply mismatch for solar modules. High customs duty has discouraged imports while adequate domestic capacity is not available. This has also raised prices, and impacted project viability, the industry says. The ease of doing […]

dollars
ET Renewable

Trillions of dollars needed to adapt green technologies: Experts at WEF

January 23, 2023 Mariel Alumit

Despite the urgent need for climate finance, numerous barriers have impeded the flow of private capital to decarbonization projects around the world and especially in the Global South. Davos: In order to reach 2050 emissions reduction […]

Price
ET Renewable

IREDA signs MoU with ministry, setting annual performance target

January 23, 2023 Mariel Alumit

According to a statement from the ministry of new and renewable energy, the government has also set various performance-related key parameters such as return on net worth, return on capital employed, non-performing asset NPA to […]

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