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OFFSHORE WIND SECTOR
India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: GovtSince 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in ...
L&T shares rise 4% after Q1 earnings. Why Goldman Sachs, other brokerages remain bullish?Larsen & Toubro (L&T) shares climbed after the company reported a 14% YoY rise in Q1 FY27 net profit to ₹4,123 crore. Revenue from operatio...
ET Exclusive: Adani eyes controlling stake in UK's Associated British PortsAdani Ports is weighing a bid for Associated British Ports in the UK. This acquisition would expand Gautam Adani's port empire significantl...
L&T Q1 Results: Net profit rises 14% YoY to Rs 4,123 crore, revenue up 7%L&T Q1 Results: Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ong...
US looks to boost anti-China spending worldwide by hundreds of millions, documents sayThe Trump administration plans significant funding increases for programs countering China's global influence. Hundreds of millions will be...
Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
Founder of Brookfield-backed Avaada seeks $750 million loanAvaada Group founder Vineet Mittal plans to borrow $750 million from global lenders. This new financing will refinance the company's existi...
India-UK CETA is more than a trade deal—it is a blueprint for a strategic partnershipIndia and Britain's landmark Comprehensive Economic and Trade Agreement (CETA) officially begins July 15, aiming to double bilateral trade ...
Sitharaman urges French firms to invest in India's AI, clean energy pushUnion Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, cle...
India's solar sector a big opportunity, could become exporter to Europe: Renewables Norway CEOIndia's burgeoning solar power sector is a significant driver for global climate action, according to Renewables Norway CEO Bard Vegar Solh...
Global Market: China Resources New Energy shares soar on Shenzhen debut after $3.6 billion IPOChina Resources New Energy's stock soared nearly threefold on its Shenzhen debut, raising a massive 24.5 billion yuan in Asia's largest IPO...
RBI's inflation forecast signals 1-2 rate hikes in coming months: ExpertsExperts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...
Tamil Nadu signs Rs 18,600 crore MoU with Larsen & Toubro for data centre, shipbuilding projectsTamil Nadu Chief Minister V Joseph Vijay witnessed a significant MoU signing. Larsen & Toubro Limited will invest Rs 18,600 crore in three ...
Can the 2025 union budget be a catalyst for offshore wind?The Indian government aims to auction 37 GW of offshore wind capacity by 2030, necessitating substantial financial support. The Union Budge...
Trump calls to 'open up' North Sea, get rid of windmillsU.S. President-elect Donald Trump criticized North Sea wind farms and called for reopening oil production as major oil companies exit the r...
How can the budget unlock India’s future as an offshore wind powerhouseThe government last month approved a ₹7,453 crore (~USD 900 million) offshore wind funding scheme, a welcome move to kickstart the industry...
India, Denmark agree on further engaging in renewable energy"Union Minister for Power and New and Renewable Energy R K Singh met with Dan Jorgensen, Danish Minister for Climate, Energy and Utilities,...
Offshore wind, hydro projects may get green energy tagThe ministry notified the National Offshore Wind Energy Policy in October 2015, which said there was reasonable potential to develop offsho...
Falling costs and tech innovations will drive offshore wind power boomThe report highlights upcoming innovations that will enable sector development, including next generation wind turbines with larger blades,...
Financing may be challenge under offshore wind policy: India Ratings and ResearchProjects to be rolled out under the offshore wind policy may face challenges in achieving financial closure unless backed by the public sec...