Hanergy’s net profit surged to HKD 5.2 billion
Hanergy Thin Film Power Group released its annual results for the 2018 fiscal year. As per the company’s recent annual report, the group's revenue from contracts with customers in 2018 reached HKD 21.3 billion, approximately ramping up by 2.45 times compared to 2017.
Hanergy debuts at Intersolar South America Exhibition 2018
Hanergy Thin Film Power Group debuts at Intersolar South America, where the multinational clean energy company will be showcasing its most promising solar solutions such as HanPaper, HanPack, Humbrella and thin film solar panels.
Power sector expert
Peter J Solomon Company (PJSC) recently appointed Jeff Pollard as its Managing Director. Pollard will join the Infrastructure & Power Group and will lead its power and renewables business.
While India is making steady headway on the transmission front and the sector has witnessed commendable growth over the last few years with substantial capacity additions, the distribution or last mile connectivity is still a concern in India.
Tata Power announces Q1 FY 2016-17 results
Tata Power Group’s Q1FY17 revenue on a consolidated basis stood at Rs 6,566 crore (including regulatory income/expense) as compared to Rs 7,016 crore (including regulatory income/expense) last year.
CLPs pooled financing experiment may get popular
CLP India, the Indian subsidiary of China Light and Power Group, has taken a new route to minimise the financial risk on its wind farms-ùthey are adopting the concept of pooled financing. With this, the company has become the first Indian firm to experiment with this new financial concept.
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