Latest Hydro Energy News 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 Hydro Energy News 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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Monday, 4 April 22	Ocean Energy? River Power? There’s A Toolkit For That – CleanTechnica	Ocean Energy? River Power? There’s A Toolkit For That – CleanTechnica
Tuesday, 5 April 22	Pumped hydropower storage: GE to set up 1.5-GW capacity for 3 Indian units \| The Financial Express	Pumped hydropower storage: GE to set up 1.5-GW capacity for 3 Indian units \| The Financial Express
Friday, 1 April 22	Greenko raises $750 M from bond sale to create energy storage facility (saurenergy.com)	Greenko raises $750 M from bond sale to create energy storage facility (saurenergy.com)
Monday, 11 April 22	Examining the Pros and Cons of Hydroelectric Energy \| Earth.Org – Past \| Present \| Future	Examining the Pros and Cons of Hydroelectric Energy \| Earth.Org – Past \| Present \| Future
Friday, 1 April 22	Droughts are cutting into California’s hydropower. Here’s what that means for clean energy. \| MIT Technology Review	Droughts are cutting into California’s hydropower. Here’s what that means for clean energy. \| MIT Technology Review
Friday, 1 April 22	JSW Neo Energy to set up hydro pumped storage project in Chhattisgarh \| Business Standard News (business-standard.com)	JSW Neo Energy to set up hydro pumped storage project in Chhattisgarh \| Business Standard News (business-standard.com)
Monday, 4 April 22	JSW Energy signs 1GW pumped hydro MOU with Indian state government (energy-storage.news)	JSW Energy signs 1GW pumped hydro MOU with Indian state government (energy-storage.news)
Monday, 11 April 22	CSIRO to invest $50 million in storage tech of tomorrow – pv magazine Australia (pv-magazine-australia.com)	CSIRO to invest $50 million in storage tech of tomorrow – pv magazine Australia (pv-magazine-australia.com)
Sunday, 10 April 22	NREL Researchers Plot Energy Storage Under Our Feet – CleanTechnica	NREL Researchers Plot Energy Storage Under Our Feet – CleanTechnica
Tuesday, 12 April 22	The climate risk for hydropower – Energy Monitor	The climate risk for hydropower – Energy Monitor
Wednesday, 13 April 22	Drought Threatens The Future Of Hydropower – CleanTechnica	Drought Threatens The Future Of Hydropower – CleanTechnica
Wednesday, 20 April 22	Nhpc To Add 6,000 Megawatt Capacity By Fy26 To Meet Increased Power Demand (cnbctv18.com)	Nhpc To Add 6,000 Megawatt Capacity By Fy26 To Meet Increased Power Demand (cnbctv18.com)
Wednesday, 20 April 22	JSW Group News: JSW Group to develop 900 MW hydel, rolling mill projects in Bengal – The Economic Times (indiatimes.com)	JSW Group News: JSW Group to develop 900 MW hydel, rolling mill projects in Bengal – The Economic Times (indiatimes.com)
Thursday, 21 April 22	30MWh pumped hydro plant in Western Australia to go online in H2 2023 (energy-storage.news)	30MWh pumped hydro plant in Western Australia to go online in H2 2023 (energy-storage.news)
Thursday, 14 April 22	Snowy 2.0 delays and another cost blow out blamed on Covid-19 \| RenewEconomy	Snowy 2.0 delays and another cost blow out blamed on Covid-19 \| RenewEconomy
Wednesday, 13 April 22	China’s 14th Energy Five-Year Plan: Pivoting toward a “modern energy system” \| IHS Markit	China’s 14th Energy Five-Year Plan: Pivoting toward a “modern energy system” \| IHS Markit
Thursday, 21 April 22	Battery and pumped hydro storage deserve credit for emission cuts \| RenewEconomy	Battery and pumped hydro storage deserve credit for emission cuts \| RenewEconomy
Monday, 25 April 22	Work starts on pumped hydro microgrid in western Australia (powerengineeringint.com)	Work starts on pumped hydro microgrid in western Australia (powerengineeringint.com)
Thursday, 21 April 22	India’s JSW Group plans to build 900MW hydel power project (power-technology.com)	India’s JSW Group plans to build 900MW hydel power project (power-technology.com)
Friday, 15 April 22	NREL’s eight storage projections through 2050 – pv magazine USA (pv-magazine-usa.com)	NREL’s eight storage projections through 2050 – pv magazine USA (pv-magazine-usa.com)
Friday, 15 April 22	Through the looking glass: Fiscal considerations of India’s green transition \| The Financial Express	Through the looking glass: Fiscal considerations of India’s green transition \| The Financial Express
Wednesday, 27 April 22	A twin-state hydropower project could drown livelihoods and biodiversity (mongabay.com)	A twin-state hydropower project could drown livelihoods and biodiversity (mongabay.com)