AGEL s Operational Capacity grows to 3,245 MW with addition of 700 MW in YTD FY21
Posted On: 2021-02-03 05:52:50 (Time Zone: Arizona, USA)
Adani Green Energy Ltd. [ AGEL ], a part of the Adani Group, today announced the financial results for the financial period ended December 31, 2020.
- Sale of Energy for Q3 FY21 increased by 31% YoY on the back of capacity addition of 530 MW and improved Solar CUF.
- Solar CUF increased by 80 bps YoY at 20.8% in Q3 FY21 with 80 bps improvement YoY in Plant availability at ~ 100% and consistent Solar irradiation.
- Wind CUF decreased by 200 bps YoY at 18.9% in Q3 FY21 due to lower wind speed (4.9 v/s 5.6 meters/sec YoY) although well compensated by 630 bps improvement in plant availability at 94.8% Q3 FY21. Wind CUF has improved by 30 bps for 9M FY21.
[The Turning Point] How these two entrepreneurs are saving the planet with their clean energy startup
The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hit upon their winning idea. Today, we look at Ranchi-based clean energy startup SafEarth started by Harshit Poddar and Anuvrat Saboo.
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Harshit Poddar and Anuvrat Saboo, both in their 20s, embarked on their entrepreneurial journey in 2017 and founded clean energy startup SafEarth.
The Ranchi-headquartered startup is an online B2B SaaS platform that brings together solar power users, component manufacturers, financiers, and execution companies of a renewable energy project online. It also claims to provide consumers with the best quality solar projects for lower prices, and with the required tools to manage the same.
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Crisis or no Crisis, the World Cannot Afford to Ignore Innovative Energy Solutions. Energy-as-a-Service to Reach US$88.4 Billion by 2027
The global market for Energy-as-a-Service is projected to reach US$88.4 billion by the year 2027, trailing a CAGR of 8.6% over the analysis period 2020 through 2027. For companies electricity accounts for a major share of expenditure.
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