SunPower reports decline in Q4 revenue,

20 Feb 2024 CW Team

SunPower, a key player in the renewable energy sector, discloses a decline in its Q4 revenue, attributing the downturn to the influence of higher interest rates. The report sheds insight into the financial challenges faced by the company, as rising borrowing costs play a significant role in shaping the financial performance of renewable energy enterprises.

The impact of higher interest rates on SunPower's revenue underscores the dynamic nature of the financial environment within the renewable energy industry. As companies navigate through changing economic conditions, this report serves as a reflection of the broader financial considerations and strategic adjustments required to maintain fiscal resilience in the evolving renewable energy landscape.

While facing headwinds in Q4, SunPower's experience with higher interest rates prompts a deeper examination of the financial strategies employed by renewable energy companies to adapt to market fluctuations. The report highlights the importance of financial agility and proactive measures in mitigating the effects of external economic factors on the revenue streams of renewable energy players.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..