Latest Wind Energy News from India and around the world in Apr'22

Byju's Faces Drastic Valuation Cut Amid Financial Turmoil

Startup

24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

Australia Accelerates Clean Energy Transition Amid Market Shifts and Investment Surge

Energy

10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

CVoter India Today: BJP Projected to Secure Clear Majority in 2024 Indian Elections

India 2024

9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches

Strategy Boffins

News to keep you updated on the Business Landscape

Latest Wind Energy News from India and around the world in Apr'22

Bharti Hexacom IPO

SRM Contractors IPO

Bank of Japan Shift from Negative Rates to Impact Global Stock Markets

Gopal Snacks IPO

Overview of Mukka Proteins IPO

Platinum Industries IPO

Asian Paints Shares Drop 4.5%

Byju’s Faces Drastic Valuation Cut Amid Financial Turmoil

GPT Healthcare IPO

Juniper Hotels IPO – Hyatt

Vibhor Steel IPO

Australia Accelerates Clean Energy Transition

CVoter India Today: BJP Projected to Secure Clear Majority in 2024 Indian Elections

Rashi Peripherals IPO

Nykaa’s Q3 FY24 Profits Surge by 105%

Uttarakhand Takes Historic Leap with Uniform Civil Code Bill 2024

Jio Financial Services Q3

Tata Motors Q3 FY24 results

Paytm Navigates Regulatory Storm

Nitish Kumar Resigns as Bihar CM strategic implications

Byju's Faces Drastic Valuation Cut Amid Financial Turmoil

Australia Accelerates Clean Energy Transition Amid Market Shifts and Investment Surge

CVoter India Today: BJP Projected to Secure Clear Majority in 2024 Indian Elections

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Wednesday, 6 April 22	Offshore Wind Power May Be the Key to Japan’s Energy Security – The Diplomat	Offshore Wind Power May Be the Key to Japan’s Energy Security – The Diplomat
Thursday, 7 April 22	Bidding to Begin Soon for 2000 MW Offshore Wind Projects: RK Singh (saurenergy.com)	Bidding to Begin Soon for 2000 MW Offshore Wind Projects: RK Singh (saurenergy.com)
Friday, 8 April 22	Indian minister says offshore wind auctions soon as analyst warns ‘industry is sceptical’ \| Recharge (rechargenews.com)	Indian minister says offshore wind auctions soon as analyst warns ‘industry is sceptical’ \| Recharge (rechargenews.com)
Thursday, 7 April 22	Shell, Mitsubishi wind power consortium to produce ‘green hydrogen’ -Yomiuri \| Reuters	Shell, Mitsubishi wind power consortium to produce ‘green hydrogen’ -Yomiuri \| Reuters
Monday, 4 April 22	Global wind power must gather speed to meet climate goals, report finds \| Reuters	Global wind power must gather speed to meet climate goals, report finds \| Reuters
Thursday, 7 April 22	Siemens Gamesa to build the world’s longest wind turbine blades. 377 feet long? (interestingengineering.com)	Siemens Gamesa to build the world’s longest wind turbine blades. 377 feet long? (interestingengineering.com)
Friday, 8 April 22	Onshore Wind Installations in India Forecasted at 4.1 GW in 2023: GWEC – Mercom India	Onshore Wind Installations in India Forecasted at 4.1 GW in 2023: GWEC – Mercom India
Monday, 18 April 22	Wind Turbines Can Stabilize the Grid – CleanTechnica	Wind Turbines Can Stabilize the Grid – CleanTechnica
Thursday, 21 April 22	India ‘s Wind Sector Carrying Higher O&M Costs, Claims Research Firm (saurenergy.com)	India ‘s Wind Sector Carrying Higher O&M Costs, Claims Research Firm (saurenergy.com)
Thursday, 21 April 22	Indian wind industry asks government to do away with reserve wind auctions (moneycontrol.com)	Indian wind industry asks government to do away with reserve wind auctions (moneycontrol.com)
Sunday, 24 April 22	Wind Energy: High-flying kites could power your home with wind energy (interestingengineering.com)	Wind Energy: High-flying kites could power your home with wind energy (interestingengineering.com)
Sunday, 24 April 22	NREL Tool Aims To Predict Interactions Between Soaring Eagles & Wind Turbines – CleanTechnica	NREL Tool Aims To Predict Interactions Between Soaring Eagles & Wind Turbines – CleanTechnica
Sunday, 24 April 22	NREL Explores the Dynamic Nature of Wind Deployment & Land Use – CleanTechnica	NREL Explores the Dynamic Nature of Wind Deployment & Land Use – CleanTechnica
Monday, 25 April 22	Sembcorp Wins Railways’ 50 MW Wind Auction – Mercom India	Sembcorp Wins Railways’ 50 MW Wind Auction – Mercom India
Monday, 25 April 22	Burns & McDonnell Awarded Contract for Ocean Wind 1 Offshore Project (powermag.com)	Burns & McDonnell Awarded Contract for Ocean Wind 1 Offshore Project (powermag.com)
Monday, 25 April 22	IEEFA U.S.: Wind and solar generated record 34% of ERCOT power in Texas Q1 2022 – Institute for Energy Economics & Financial Analysis	IEEFA U.S.: Wind and solar generated record 34% of ERCOT power in Texas Q1 2022 – Institute for Energy Economics & Financial Analysis
Friday, 22 April 22	tulsi tanti: India can install 2,500 MW wind power capacity in current year: Tulsi Tanti, founder and chairman, Suzlon Group, Energy News, ET EnergyWorld (indiatimes.com)	tulsi tanti: India can install 2,500 MW wind power capacity in current year: Tulsi Tanti, founder and chairman, Suzlon Group, Energy News, ET EnergyWorld (indiatimes.com)
Monday, 25 April 22	GE hoping to 3D print concrete components for wind turbines (cnbc.com)	GE hoping to 3D print concrete components for wind turbines (cnbc.com)
Wednesday, 27 April 22	Envision Energy Awarded 2000 Mw Wind Turbine Contract In India \| Mint (livemint.com)	Envision Energy Awarded 2000 Mw Wind Turbine Contract In India \| Mint (livemint.com)
Friday, 29 April 22	Dramatic Innovation-Driven Ramp Up of Floating Offshore Wind Anticipated by 2030 (powermag.com)	Dramatic Innovation-Driven Ramp Up of Floating Offshore Wind Anticipated by 2030 (powermag.com)