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Adani Green Energy on Wednesday posted a consolidated net profit of Rs 41.36 crore in the December quarter mainly on the back of higher revenues. The consolidated net loss of the firm was Rs 128.46 crore in the quarter ended on December 31, 2019, a regulatory filing said. Total income of the company for the quarter under review rose to Rs 842.91 crore from Rs 523.20 crore in the year-ago period. "Over the past year we have accelerated our commitment to the Renewable Energy Space based on the new data that has become available. I fundamentally believe that the targets of renewable power wil...

Offshore Wind Energy Market Forecast to Reach $42 Billon by 2025 Ongoing Saturation of Sites Close to the Shore, Along With Growing Demand for High Operational Capacity Utilization Factor (CUF) for Offshore Projects Is Projected to Drive Industry Growth. BriefingWire.com, 12/23/2020 - The Offshore Wind Energy Market is forecast to reach $42billion by 2025, growing at a CAGR of 13.6% from 2020 to 2025. The offshore wind energy market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for clea...