Energy industries
The Indian government's ambitious plan to develop 1 GW of offshore wind energy projects has been dealt a significant blow after the Solar Energy Corporation of India (SECI) canceled two major tenders totaling 4.5 GW due to a lack of developer interest. The move is seen as
Energy industries
The Solar Energy Corporation of India (SECI) has cancelled two offshore wind energy tenders, a 500 MW project under the viability gap funding scheme and a 4,000 MW sea-bed lease rights allocation, citing a lack of response from developers. The tenders, which were issued in September last year, had
Energy industries
AGL Energy Ltd, the Sydney-based electricity generation company, has reported a significant swing to a loss in financial 2025, despite revenue growth. The company reported a loss of AUD98 million, approximately USD64.0 million, for the year ended June 30, a stark contrast to the AUD711 million profit recorded in
Energy industries
Allegations of securities fraud against XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP have led to a class action lawsuit seeking to recover losses of shareholders from September 27, 2023, to January 27, 2025. The lawsuit claims that defendants made false statements and concealed issues with the company&
Energy industries
L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat. This partnership marks a significant step in
Energy industries
As the cost of energy rises, low-income households face a daunting challenge: affording utility bills. A new study from the University of Kansas sheds light on the history of legislation aimed at assisting these households and highlights the need for energy and poverty law to work together to address energy
Energy industries
The state of Louisiana has named Tulane University the convener of the second annual Future of Energy Forum, a three-day event that explores the biggest challenges and opportunities shaping the energy sector. The Forum, titled "Powering the Future: Innovation, Competition and Collaboration," brings together a powerhouse lineup of
Energy industries
Australians' energy transformation is not just about unlocking productivity, but also making the economy more resilient and supporting budget sustainability, according to Minister for Climate Change and Energy Chris Bowen. The high-level Energy and Adaptation Roundtable, chaired by Bowen and Special Envoy for Climate Change Adaptation and Resilience Kate
Energy industries
State-owned Solar Energy Corporation of India (SECI) has posted a 15% rise in its net profit to ₹501.92 crore in fiscal 2024-25, driven mainly by higher revenues. The company's revenue from operations reached ₹15,185.10 crore, while Profit After Tax (PAT) stood at ₹501.92 crore
Energy industries
Research conducted by the Ural Federal University Named after the First President of Russia B.N. Yeltsin has explored the effects of value-added tax (VAT) policies on the profitability of China's new energy power generation industries. The study, published in the journal Energies, analyzed panel data from 98
Energy industries
Pursuant to a class action lawsuit, investors who purchased common units of XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP (NYSE: XIFR, NEP) between September 27, 2023, and January 27, 2025, may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee
Energy industries
Core Development Group, a nationally recognized clean energy provider, has solidified its commitment to the clean energy sector by sponsoring and attending the prestigious RE+ 2025 event in Las Vegas from September 8-11, 2025. This gathering, expecting over 40,000 industry professionals, is a testament to the company's
