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India`s renewable energy projects record 63 per cent jump in investment Project finance flowing into renewable energy projects recorded a 63 per cent jump in 2023 compared to 2022 levels, to scale the Rs 30,255 crore ($3.66 billion) mark, according to a report by the Centre for Financial Accountability.    The report, titled 'Coal vs RE Investment in 2024' states that while there was an increase in project finance lending to renewable energy projects, there was no project finance lending to new coal power projects for the third consecutive ye...
India`s renewable energy projects record 63 per cent jump in investment
India`s renewable energy projects record 63 per cent jump in investment
Source: IANS
2024-12-20 01:57:08 pm
LG Energy Solution wins ESS supply deal from US firm LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Friday its US unit has signed a multi-year deal to supply energy storage systems (ESS) to a local renewable energy infrastructure investor.  LG Energy Solution Vertech, Inc. will supply 7.5-gigawatt-hour (GWh) ESS units to Excelsior Energy Capital LP over several years starting from 2026, the company said in a press release. The company didn't provide the exact timeframe for the deal, or its value, ...
LG Energy Solution wins ESS supply deal from US firm
LG Energy Solution wins ESS supply deal from US firm
Source: IANS
2024-12-20 10:10:27 am
India`s energy storage capacity poised for 12-fold leap by 2032: SBI India's energy storage capacity is expected to shoot up 12-fold to around 60 GW by 2031-32 which would play a key role in stabilising the power grid as the country transitions to renewable energy, according to an SBI Research report.  The country's energy storage landscape is evolving rapidly, with the proportion of renewable energy (RE) projects incorporating storage solutions recording a significant increase from 5 per cent in FY20 to 23 per cent in FY24, the report said. ...
India`s energy storage capacity poised for 12-fold leap by 2032: SBI
India`s energy storage capacity poised for 12-fold leap by 2032: SBI
Source: IANS
2024-12-19 12:35:52 pm
Adani Group`s advertisement on wind turbines, not just commercial but a beacon of hope  A unique and out-of-the-box advertisement, on wind turbines and renewable energy by the Adani Group, is taking the internet by storm as it comes across as not just a commercial but a beacon of hope for millions, still living in darkness or facing long bouts of power cuts.  The 1.30-minute video, with the tagline 'Pehle Pankha Aayega, Phir Bijli Aayegi’ takes the viewers by surprise and also goes on to illustrate how clean energy can light up lives, without polluting th...
Adani Group`s advertisement on wind turbines, not just commercial but a beacon of hope
Adani Group`s advertisement on wind turbines, not just commercial but a beacon of hope
Source: IANS
2024-12-19 09:16:04 am
India to become renewable energy capital of World: Pralhad Joshi Highlighting India’s remarkable growth in renewable energy, Union Minister for New and Renewable Energy, Pralhad Joshi has said that India is not only witnessing an energy revolution but also becoming the renewable energy capital of the world. The Minister further said that India is one of the world’s most promising nations in the clean energy space currently under the leadership of Prime Minister Narendra Modi. Joshi further noted that between April and November of the current...
India to become renewable energy capital of World: Pralhad Joshi
India to become renewable energy capital of World: Pralhad Joshi
Source: Accord Fintech
2024-12-18 02:32:55 pm
India added 15 GW of green energy capacity in April-Nov: Pralhad Joshi  India has added nearly 15 GW of renewable energy capacity during April-November in the current financial year, which is almost double the 7.54 GW added during the same period last year, Union New and Renewable Energy Minister Pralhad Joshi said on Tuesday.   Addressing the CII International Energy Conference and Exhibition (IECE) here, the Minister further stated that India’s total installed capacity in the non-fossil fuel energy sector has reached 214 GW, marking an incre...
India added 15 GW of green energy capacity in April-Nov: Pralhad Joshi
India added 15 GW of green energy capacity in April-Nov: Pralhad Joshi
Source: IANS
2024-12-17 05:22:54 pm
RMC Switchgears touches roof on securing Rs 90 crore LoA for solar pumps in Maharashtra RMC Switchgears is currently trading at upper limit of Rs. 1159.65, up by 55.20 points or 5.00% from its previous closing of Rs. 1104.45 on the BSE. The scrip opened at Rs. 1146.95 and has touched a high and low of Rs. 1159.65 and Rs. 1126.25 respectively. So far 56000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1159.65 on 17-Dec-2024 and a 52 week low of Rs. 379.05 on 27-Mar-2024. Last one week high and lo...
RMC Switchgears touches roof on securing Rs 90 crore LoA for solar pumps in Maharashtra
RMC Switchgears touches roof on securing Rs 90 crore LoA for solar pumps in Maharashtra
Source: Accord Fintech
2024-12-17 02:20:59 pm
ACME Solar Holdings gains on securing 250 MW FDRE project in NHPC e-reverse auction ACME Solar Holdings is currently trading at Rs. 271.25, up by 3.15 points or 1.17% from its previous closing of Rs. 268.10 on the BSE. The scrip opened at Rs. 278.00 and has touched a high and low of Rs. 279.70 and Rs. 269.55 respectively. So far 110573 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 292.00 on 04-Dec-2024 and a 52 week low of Rs. 228.15 on 14-Nov-2024. Last one week high and low of the scrip sto...
ACME Solar Holdings gains on securing 250 MW FDRE project in NHPC e-reverse auction
ACME Solar Holdings gains on securing 250 MW FDRE project in NHPC e-reverse auction
Source: Accord Fintech
2024-12-12 10:54:45 am
India`s ReNew Energy offered to be taken private in $2.82 billion deal Some of the biggest investors in ReNew Energy Global have offered to take the company private, filings to the U.S. Securities And Exchange Commission (SEC) show, in a deal that values the clean power generator at $2.82 billion, according to Reuters calculations. Major shareholders Canada Pension Plan Investment Board, UAE-based Masdar, ReNew Chairman Sumant Sinha and a unit of the Abu Dhabi Investment Authority have offered to buy shares in India's second largest clean energy generator...
India`s ReNew Energy offered to be taken private in $2.82 billion deal
India`s ReNew Energy offered to be taken private in $2.82 billion deal
Source: Reuters
2024-12-12 09:47:29 am
India`s renewable energy capacity logs 14.2 pc growth at 213.7 GW India’s total non-fossil fuel installed capacity reached 213.70 GW in November, marking an impressive 14.2 per cent growth from 187.05 GW in the same month last year, the government said on Wednesday.  Ministry of New and Renewable Energy (MNRE) reported significant progress in India’s renewable energy sector from November 2023 to November 2024, underscoring the country’s commitment to achieving its clean energy targets in line with the goals set by Prime Minister Na...
India`s renewable energy capacity logs 14.2 pc growth at 213.7 GW
India`s renewable energy capacity logs 14.2 pc growth at 213.7 GW
Source: IANS
2024-12-12 09:36:41 am
MNRE expands ALMM Framework to include solar PV cells Set to take effect from June 1, 2026, Ministry of New and Renewable Energy (MNRE) has unveiled a significant amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, 2019 which will have far-reaching implications for India’s solar power sector and its clean energy transition. This amendment introduces the long-awaited List-II for solar PV cells under the ALMM framework, marking a major step towards boosting domestic manufacturing and fostering self-...
MNRE expands ALMM Framework to include solar PV cells
MNRE expands ALMM Framework to include solar PV cells
Source: Accord Fintech
2024-12-11 12:04:57 pm
Government tweaks policy to boost domestic manufacturing of solar PV cells Ministry of New and Renewable Energy (MNRE) has announced a significant amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, 2019, in a major step towards boosting domestic manufacturing and fostering self-reliance in India’s green energy industry.  This amendment introduces the long-awaited List-II for solar PV cells under the ALMM framework and is set to take effect from June 1, 2026. “Once the new rule kicks in, all solar PV mod...
Government tweaks policy to boost domestic manufacturing of solar PV cells
Government tweaks policy to boost domestic manufacturing of solar PV cells
Source: IANS
2024-12-11 09:04:36 am
Waaree Energies surges on securing NABL Accreditation for Advanced Testing Lab Waaree Energies is currently trading at Rs. 2934.95, up by 95.80 points or 3.37% from its previous closing of Rs. 2839.15 on the BSE. The scrip opened at Rs. 2883.90 and has touched a high and low of Rs. 2974.90 and Rs. 2852.35 respectively. So far 113168 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3740.75 on 06-Nov-2024 and a 52 week low of Rs. 2294.55 on 28-Oct-2024. Last one week high and low of the scri...
Waaree Energies surges on securing NABL Accreditation for Advanced Testing Lab
Waaree Energies surges on securing NABL Accreditation for Advanced Testing Lab
Source: Accord Fintech
2024-12-06 12:12:59 pm
Advait Energy Transitions touches roof on receiving order from NRSS XXXI (B) Transmission Advait Energy Transitions is locked at its upper circuit limit of Rs. 1713.35, up by 81.55 points or 5.00% from its previous closing of Rs. 1631.80 on the BSE. The scrip opened at Rs. 1674.00 and has touched a high and low of Rs. 1713.35 and Rs. 1660.00 respectively. So far 18012 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 2260.00 on 19-Jul-2024 and a 52 week low of Rs. 520.15 on 07-Dec-2023. Last one week ...
Advait Energy Transitions touches roof on receiving order from NRSS XXXI (B) Transmission
Advait Energy Transitions touches roof on receiving order from NRSS XXXI (B) Transmission
Source: Accord Fintech
2024-12-06 11:41:20 am
NHAI to issue green bonds worth Rs 1,000 crore The National Highways Authority of India (NHAI) will issue green bonds worth Rs 1,000 crore to raise funds for the implementation of environment-friendly measures such as solar lighting, rainwater harvesting, and wildlife underpasses on the Delhi-Mumbai Expressway project, according to an official statement issued on Thursday.   The bonds are to be issued by NHAI’s fully owned Special Purpose Vehicle (SPV) ‘DME Development Ltd’ (DMEDL) under the closed bidding system...
NHAI to issue green bonds worth Rs 1,000 crore
NHAI to issue green bonds worth Rs 1,000 crore
Source: IANS
2024-12-06 09:55:43 am
1.45 crore register under PM`s rooftop solar scheme, 6.34 lakh panels installed  Around 1.45 crore registrations have been done and 6.34 lakh installations were completed under the PM Surya Ghar Muft Bijli Yojana, according to a statement in Parliament.  The scheme was launched by the Prime Minister with the aim of achieving 1 crore rooftop solar installations in the residential sector by Fiscal Year 2027 with an allocated budget of Rs 75,021 crore. The National Portal reported a total of 1.45 crore registrations, 26.38 lakh applications, and 6.34 lakh ro...
1.45 crore register under PM`s rooftop solar scheme, 6.34 lakh panels installed
1.45 crore register under PM`s rooftop solar scheme, 6.34 lakh panels installed
Source: IANS
2024-12-05 01:47:47 pm
Bondada Engineering rises on bagging work order worth Rs 108.90 crore Bondada Engineering is currently trading at Rs. 596.00, up by 7.05 points or 1.20% from its previous closing of Rs. 588.95 on the BSE. The scrip opened at Rs. 608.80 and has touched a high and low of Rs. 608.80 and Rs. 594.80 respectively. So far 34800 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 2 has touched a 52 week high of Rs. 753.98 on 28-Aug-2024 and a 52 week low of Rs. 74.01 on 27-Dec-2023. Last one week high and low of the scrip stood...
Bondada Engineering rises on bagging work order worth Rs 108.90 crore
Bondada Engineering rises on bagging work order worth Rs 108.90 crore
Source: Accord Fintech
2024-12-05 09:52:07 am
Ayush market grew $43.4 bn in 2023, exports doubled to $2.16 bn: Shripad Yesso Naik  The Ministry of Ayush has witnessed a transformative journey over the last decade, with the Ayush market growing exponentially -- from $2.85 billion in 2014 to $43.4 billion in 2023, said Union Minister Shripad Yesso Naik on Monday. With exports doubling from $1.09 billion to $2.16 billion, he noted that the country has positioned itself as a global leader in traditional medicine. Since its inception in 2014, the Ayush Ministry has driven significant advancements in public health,...
Ayush market grew $43.4 bn in 2023, exports doubled to $2.16 bn: Shripad Yesso Naik
Ayush market grew $43.4 bn in 2023, exports doubled to $2.16 bn: Shripad Yesso Naik
Source: IANS
2024-12-03 09:13:52 am
Sterling and Wilson Renewable trades higher on receiving order worth Rs 504 crore Sterling and Wilson Renewable Energy is currently trading at Rs. 492.20, up by 5.85 points or 1.20% from its previous closing of Rs. 486.35 on the BSE. The scrip opened at Rs. 486.30 and has touched a high and low of Rs. 502.90 and Rs. 480.45 respectively. So far 51937 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 828.00 on 21-May-2024 and a 52 week low of Rs. 326.00 on 30-Nov-2023. Last one week high and low ...
Sterling and Wilson Renewable trades higher on receiving order worth Rs 504 crore
Sterling and Wilson Renewable trades higher on receiving order worth Rs 504 crore
Source: Accord Fintech
2024-12-02 11:56:16 am
KEC International shines on securing new orders worth Rs 1,040 crore KEC International is currently trading at Rs. 1069.25, up by 14.35 points or 1.36% from its previous closing of Rs. 1054.90 on the BSE. The scrip opened at Rs. 1098.95 and has touched a high and low of Rs. 1098.95 and Rs. 1060.00 respectively. So far 49501 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,098.95 on 2-Dec-2024 and a 52 week low of Rs. 580.00 on 1- Dec-2023. Last one week high and low of the scrip...
KEC International shines on securing new orders worth Rs 1,040 crore
KEC International shines on securing new orders worth Rs 1,040 crore
Source: Accord Fintech
2024-12-02 10:05:43 am
India must establish nationally accredited testing facilities for battery energy storage systems: NITI Aayog member NITI Aayog member V K Saraswat has said that India must establish nationally accredited testing facilities for battery energy storage systems to support its ambitious clean energy transition goal. He highlighted the significant gap in testing and certification infrastructure as India aims to deploy over 238 gigawatt hours of battery storage capacity by 2030 to balance its expanding renewable energy network. Saraswat called for authorising third-party testing and certification till the time...
India must establish nationally accredited testing facilities for battery energy storage systems: NITI Aayog member
India must establish nationally accredited testing facilities for battery energy storage systems: NITI Aayog member
Source: Accord Fintech
2024-11-29 11:43:15 am
India, France must bolster partnership in renewable energy sector: Piyush Goyal India and France have a huge potential for partnerships in renewable energy with the International Solar Alliance (ISA) spearheaded by the two countries turning out to be “a runaway success,” Commerce & Industry Minister Piyush Goyal said on Wednesday.  Addressing the Asia Pacific Commission (APAC) 2024 Forum organised by the French Foreign Trade Advisors here, the minister said over 100 countries have taken membership of this alliance co-sponsored by India and France....
India, France must bolster partnership in renewable energy sector: Piyush Goyal
India, France must bolster partnership in renewable energy sector: Piyush Goyal
Source: IANS
2024-11-28 08:57:33 am
Hyundai Motor India to set up 2 renewable energy plants for Rs 38 crore Hyundai Motor India Limited (HMIL) on Thursday announced to set up two renewable energy plants in Tamil Nadu with an investment of Rs 38 crore.  The automaker will establish a 75 megawatt (MW) solar plant and a 43 MW wind power plant in the state with Fourth Partner Energy Limited (FPEL), to cater to the company’s renewable energy requirements. The move is aimed to enhancing HMIL’s renewable energy portfolio and transition to 100 per cent renewable electricity across it...
Hyundai Motor India to set up 2 renewable energy plants for Rs 38 crore
Hyundai Motor India to set up 2 renewable energy plants for Rs 38 crore
Source: IANS
2024-11-21 02:05:58 pm
Lithium-ion battery demand in India to grow to 127 gigawatt hour by FY30 The lithium-ion battery demand in India is set to grow exponentially to 54 gigawatt hour (GWh) by FY27 and 127 GWh by FY30, as the country sets an ambitious target to meet 50 per cent of its primary energy requirement from renewable energy by 2030.  Currently, domestic lithium-ion battery storage demand of 15 GWh is being almost entirely met through imports of lithium-ion cells and batteries. India imports almost its entire requirement of Li-ion batteries. However, CareEdge Ratings...
Lithium-ion battery demand in India to grow to 127 gigawatt hour by FY30
Lithium-ion battery demand in India to grow to 127 gigawatt hour by FY30
Source: IANS
2024-11-16 12:14:44 pm
Centre aims to develop Odisha as a major hub for renewable energy: Union Minister Pralhad Joshi Union Minister of New and Renewable Energy Pralhad Joshi on Friday said that the Centre is planning to develop Odisha as a major hub for renewable energy and explore the scope of green hydrogen production in the state.  The Union Minister spoke thus while addressing the valedictory session of the two-day Chintan Shivir organised by the Ministry of New and Renewable Energy (MNRE) here. “Odisha has immense renewable energy potential, with 140 GW of solar capacity and significan...
Centre aims to develop Odisha as a major hub for renewable energy: Union Minister Pralhad Joshi
Centre aims to develop Odisha as a major hub for renewable energy: Union Minister Pralhad Joshi
Source: IANS
2024-11-16 09:38:32 am
IRENA unveils partnership to accelerate renewable energy deployment in Central Asia The International Renewable Energy Agency (IRENA) on Friday unveiled a new partnership model that can accelerate renewable energy deployment and foster green industrialisation in Central Asia.  The partnership was launched by IRENA at the COP29 Energy Transition Investment Forum for Central Asia. The two-day forum took place at the United Nations Climate Change Conference, also known as COP29, in Baku, Azerbaijan, and is co-hosted by IRENA, the COP29 Presidency, and the Ministry of...
IRENA unveils partnership to accelerate renewable energy deployment in Central Asia
IRENA unveils partnership to accelerate renewable energy deployment in Central Asia
Source: IANS
2024-11-15 04:44:48 pm
India surpasses 200 GW in renewable energy capacity: Centre India has surpassed 200 GW (gigawatt) in renewable energy capacity, accounting for more than 46.3 per cent of the country's total installed capacity, the Centre said on Wednesday.  According to the Central Electricity Authority (CEA), the total renewable energy-based electricity generation capacity now stands at 203.18 GW, as the country aims to achieve 500 GW from non-fossil sources by 2030. Solar power leads the way with 92.12 GW, playing a crucial role in India’s effor...
India surpasses 200 GW in renewable energy capacity: Centre
India surpasses 200 GW in renewable energy capacity: Centre
Source: IANS
2024-11-13 06:15:18 pm
Centre to deliberate on plans to achieve 500 GW green energy target by 2030 The Union Ministry of New and Renewable Energy (MNRE) on Wednesday said it is organising a two-day 'Chintan Shivir' in Bhubaneswar on November 14-15 to focus on strategies to achieve the target of 500 GW by 2030, and progress toward the next goal of 1800 GW by 2047.  Union Minister of New and Renewable Energy, Pralhad Joshi, will inaugurate the event at ITC Bhubaneswar. State Chief Minister Mohan Charan Majhi, Union Minister of State for New and Renewable Energy Shripad Yesso ...
Centre to deliberate on plans to achieve 500 GW green energy target by 2030
Centre to deliberate on plans to achieve 500 GW green energy target by 2030
Source: IANS
2024-11-13 12:18:50 pm
ACME Solar Holdings lists with 10% discount on the BSE ACME Solar Holdings has debuted at Rs 259.00 on the BSE, down by 30 points or 10.38% from its issue price of Rs 289.00.  The scrip is currently trading at Rs 263.00, down by 26 points or 9% from its issue price.  It has touched a high and low of Rs 279.00 and Rs 255.00 respectively. So far 8.88 lakh shares were traded on the counter. The offering, which was open for subscription between November 6, 2024 and November 8, 2024 was subscribed 2.75 times. The issue price was fix...
ACME Solar Holdings lists with 10% discount on the BSE
ACME Solar Holdings lists with 10% discount on the BSE
Source: Accord Fintech
2024-11-13 11:44:07 am
India asks states to consider setting up nuclear power plants, list power utilities India's federal power minister on Tuesday asked the states that are away from coal resources to consider setting up nuclear-based power plants, besides identifying and listing of the power utilities to meet investments to support growing power demand. The Indian government in its federal budget this year had proposed to partner with private players to develop small nuclear reactors to increase the amount of electricity from sources that do not produce carbon dioxide emissions. State...
India asks states to consider setting up nuclear power plants, list power utilities
India asks states to consider setting up nuclear power plants, list power utilities
Source: Reuters
2024-11-13 09:22:26 am
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany  Gautam Adani, Chairman of the Adani Group, on Tuesday, said it was a privilege to host the ambassadors from the European Union (EU), Belgium, Denmark, and Germany, who visited the world’s largest renewable energy (RE) park in Khavda, Gujarat, and the country's largest port hub in Mundra.  Gautam Adani said the discussions with the envoys focused on strengthening global partnerships to drive India’s energy transition and accelerate the hydrogen ecosystem. "...
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Source: IANS
2024-11-12 05:09:39 pm
RMC Switchgears touches roof on inking MoU with Government of Rajasthan RMC Switchgears is currently trading at upper limit of Rs. 807.55, up by 38.45 points or 5.00% from its previous closing of Rs. 769.10 on the BSE. The scrip opened at Rs. 807.55 and has touched a high and low of Rs. 807.55 and Rs. 807.55 respectively. So far 7375 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1033.95 on 23-Aug-2024 and a 52 week low of Rs. 379.05 on 27-Mar-2024. Last one week high and low of t...
RMC Switchgears touches roof on inking MoU with Government of Rajasthan
RMC Switchgears touches roof on inking MoU with Government of Rajasthan
Source: Accord Fintech
2024-11-12 12:01:12 pm
Tata Power to supply wind, solar energy to run Noida airport Tata Power announced on Thursday that it has signed an agreement with Noida International Airport (NIA) which will entail a total investment of Rs 550 crore in solar and wind power supply, as well as the development of essential dry utilities and smart energy infrastructure at the airport.  Under this arrangement, Tata Power Trading Company Ltd. will supply 10.8 MW of wind power to NIA, with secured assets from Tata Power Renewable Energy Ltd. (TPREL). In addition, TPREL will develop,...
Tata Power to supply wind, solar energy to run Noida airport
Tata Power to supply wind, solar energy to run Noida airport
Source: IANS
2024-11-07 06:17:22 pm
Centre completes auction of 8 critical mineral blocks in big step to bolster self-reliance The Ministry of Mines has successfully concluded the auction of 8 critical mineral blocks, launched under Tranche IV of the Auction of Critical and Strategic Mineral Blocks as part of India’s strategy to secure a steady supply of these minerals vital for sectors including electronics, defence, and renewable energy.  "These blocks contain deposits of strategic minerals such as phosphorite, graphite, and vanadium, essential for high-tech and green energy applications. The auc...
Centre completes auction of 8 critical mineral blocks in big step to bolster self-reliance
Centre completes auction of 8 critical mineral blocks in big step to bolster self-reliance
Source: IANS
2024-11-07 03:21:25 pm
India reaches 90 GW of installed solar capacity, moving towards 500 GW goal: Pralhad Joshi India has reached an impressive 90 GW of installed solar capacity and is moving steadily forward towards its broader goal of 500 GW of renewable energy capacity by 2030, Union Minister of New and Renewable Energy, Pralhad Joshi, said on Monday.  Addressing the 7th General Assembly of the International Solar Alliance (ISA) here, the minister said India is also setting its sights on new horizons, with a target to produce 5 million metric tonnes of green hydrogen by 2030, supported by 12...
India reaches 90 GW of installed solar capacity, moving towards 500 GW goal: Pralhad Joshi
India reaches 90 GW of installed solar capacity, moving towards 500 GW goal: Pralhad Joshi
Source: IANS
2024-11-05 09:12:16 am
India's growth in renewable energy is quite phenomenal: Shishir Priyadarshi Shishir Priyadarshi, President of Chintan Research Foundation on Tuesday said that India's growth in renewable energy is quite phenomenal.  Talking to IANS, Shishir Priyadarshi said, "India had phenomenal growth as far as renewable energy is concerned. I will give you just two statistics. In 2013, our total power generation was about 220 to 230 gigawatts (GW), out of which renewable energy was about 30 GW." "That means the share of renewables in that was about 12...
India's growth in renewable energy is quite phenomenal: Shishir Priyadarshi
India's growth in renewable energy is quite phenomenal: Shishir Priyadarshi
Source: IANS
2024-10-22 05:23:58 pm
India`s renewable energy to grow at twice pace than overall energy growth by 2030: CRISIL CRISIL in its latest report has said that India’s renewable energy capacity is likely to grow at twice the rate of the country’s overall energy capacity growth. The report noted that by fiscal 2030, India’s renewable energy (RE) capacity, excluding large hydro projects, is projected to reach 360-370 GW, growing at a compound annual growth rate (CAGR) of 16.5 per cent-17 per cent. This growth will be driven by favourable government policies, competitive tariffs, and the devel...
India`s renewable energy to grow at twice pace than overall energy growth by 2030: CRISIL
India`s renewable energy to grow at twice pace than overall energy growth by 2030: CRISIL
Source: Accord Fintech
2024-10-17 10:12:56 am
India surpasses 200 GW-mark in renewable energy production Led by solar and wind energy, India has crossed the 200 gigawatt (GW)-mark in renewable energy (RE) production in the month of September.  As per latest data from the Central Electricity Authority (CEA), the renewable energy-based electricity generation capacity (including small and large hydro, biomass and co-generation and waste-to-energy) crossed the 200 GW-mark in September. The total RE production reached 201,457.91 MW, driven by solar at 90,762 MW and wind energy production a...
India surpasses 200 GW-mark in renewable energy production
India surpasses 200 GW-mark in renewable energy production
Source: IANS
2024-10-14 10:25:23 am
India`s Hindustan Zinc aims to switch to renewable energy in five-seven years, chairperson says  Indian miner Hindustan Zinc plans to transition to renewable energy to power its operations in the next five to seven years, Chairperson Priya Agarwal told Reuters on Tuesday. "We still have a lot of captive thermal (power). It's not going to shut down tomorrow. It's going to go on for some time, but we're very committed to ensure that the transition happens successfully over time," Agarwal said at the FT Energy Transition Summit India in New Delhi. More than...
India`s Hindustan Zinc aims to switch to renewable energy in five-seven years, chairperson says
India`s Hindustan Zinc aims to switch to renewable energy in five-seven years, chairperson says
Source: Reuters
2024-10-08 06:07:27 pm
Power generation via renewable energy up 86 pc in India since 2014: Pralhad Joshi  India saw an impressive 86 per cent increase in power generation via renewable energy since 2014, from 193.5 billion units (BU) to 360 BU, Union Minister of New and Renewable Energy, Pralhad Joshi, said on Monday.   Delivering the keynote address at the 'Hamburg Sustainability Conference' in Germany, the minister said India stands as a global voice of reason in its commitment to the pursuit of a sustainable energy future that aligns with our growth ambitions and environm...
Power generation via renewable energy up 86 pc in India since 2014: Pralhad Joshi
Power generation via renewable energy up 86 pc in India since 2014: Pralhad Joshi
Source: IANS
2024-10-08 09:09:19 am
Pralhad Joshi to visit Germany to bolster India`s role in renewable energy sector  To boost India’s position in the field of sustainable development and renewable energy, Union Minister of New and Renewable Energy, Pralhad Joshi, will embark on a three-day tour to Germany from October 6, the government said on Saturday.  The minister is set to attend the ‘Hamburg Sustainability Conference’ from October 7-8, and will hold a series of bilateral meetings to boost cooperation in sustainable development, Green Hydrogen, low-cost finance and renewa...
Pralhad Joshi to visit Germany to bolster India`s role in renewable energy sector
Pralhad Joshi to visit Germany to bolster India`s role in renewable energy sector
Source: IANS
2024-10-05 06:23:56 pm
India`s renewable energy sector generated over 10 lakh jobs in 2023 Employment in the Indian renewable energy sector reached an estimated 1.02 million (10.02 lakh) in 2023, highlighting the country’s growing leadership in clean energy and its focus on creating green jobs that drive economic growth, the government said on Friday.   Hydropower was the largest employer in the renewable sector in India, providing around 453,000 jobs, and accounting for 20 per cent of the global total, second only to China. The solar PV sector in the country emplo...
India`s renewable energy sector generated over 10 lakh jobs in 2023
India`s renewable energy sector generated over 10 lakh jobs in 2023
Source: IANS
2024-10-04 01:51:58 pm
Renewable energy share in India`s power generation to reach 35 pc by FY30 The share of renewable energy, including hydro, in the country’s power generation is projected to rise to 35 per cent by FY30, up from 21 per cent in FY24, a report showed on Friday.  According to ratings agency ICRA, achieving the renewable purchase obligation (RPO) target of 43.3 per cent by FY30 will require more than doubling the current renewable energy capacity of 200 GW to meet future demand. This will involve significant investments in energy storage and grid integrat...
Renewable energy share in India`s power generation to reach 35 pc by FY30
Renewable energy share in India`s power generation to reach 35 pc by FY30
Source: IANS
2024-09-20 05:21:28 pm
World problems can`t be solved without India`s involvement: German Minister Germany's Development Minister Svenja Schulze, who is on a three-day visit to Gujarat to represent her country at the 4th Global Renewable Energy Investor's (RE-INVEST) meet here, has said that the problems of the world cannot be solved without India's involvement. In an exclusive conversation with IANS on Monday, Schulze, who is leading a delegation of around 20 representatives, emphasised the growing importance of India's involvement in solving global challenges and the p...
World problems can`t be solved without India`s involvement: German Minister
World problems can`t be solved without India`s involvement: German Minister
Source: IANS
2024-09-17 09:19:13 am
Jindal Steel doubles down on green hydrogen production in India Jindal Steel and Power Ltd and Jindal Renewables on Monday announced a collaboration to implement India’s biggest investment in green hydrogen by a domestic steelmaker.  The companies signed an MoU towards decarbonisation and green energy leadership in the country’s steel industry. It outlines Jindal Steel’s plan to integrate green hydrogen into its direct reduced iron (DRI) units in Angul, Odisha. In the first phase, Jindal Renewables will develop a green hydroge...
Jindal Steel doubles down on green hydrogen production in India
Jindal Steel doubles down on green hydrogen production in India
Source: IANS
2024-09-16 10:45:15 am
India`s renewable energy journey to serve as model for other emerging economies  As the world's largest democracy and a rapidly developing nation, India's renewable energy journey will serve as a model for other emerging economies navigating the path to sustainability, Pralhad Joshi, Union Minister of New and Renewable Energy, has said.  The country aims to achieve net-zero carbon emissions by 2070, focusing on renewable energy expansion, and plans to reach 500 GW of non-fossil fuel energy capacity by 2030. According to the minister, the country&r...
India`s renewable energy journey to serve as model for other emerging economies
India`s renewable energy journey to serve as model for other emerging economies
Source: IANS
2024-09-15 01:43:39 pm
Wheels India inches up on getting nod to acquire upto 45.06% stake in O2 Renewable Energy Wheels India is currently trading at Rs. 843.00, up by 4.10 points or 0.49% from its previous closing of Rs. 838.90 on the BSE. The scrip opened at Rs. 842.80 and has touched a high and low of Rs. 843.00 and Rs. 842.80 respectively. So far 2595 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 914.55 on 08-Jul-2024 and a 52 week low of Rs. 548.50 on 13-May-2024. Last one week high and low of the scrip stood at Rs...
Wheels India inches up on getting nod to acquire upto 45.06% stake in O2 Renewable Energy
Wheels India inches up on getting nod to acquire upto 45.06% stake in O2 Renewable Energy
Source: Accord Fintech
2024-08-27 09:38:56 am
India only G20 nation to meet Paris Climate Accord target before time: PM Narendra Modi  India is the only G20 country to have ensured that the pledge towards creating a green planet made at the Paris Climate Change Summit in 2015 was fulfilled even before the deadline, Prime Minister Narendra Modi said on Thursday.   PM Modi referred to the legally binding international treaty on climate change adopted by 196 organisations and nations at the United Nations summit. “India is the only nation that has achieved its climate target. Today, I can assure the na...
India only G20 nation to meet Paris Climate Accord target before time: PM Narendra Modi
India only G20 nation to meet Paris Climate Accord target before time: PM Narendra Modi
Source: IANS
2024-08-15 11:12:15 am