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Indian Wind Energy faces economic hurdles in repowering old turbines
Repowering turbines with higher-capacity machines is not economically viable due to the lack of incentives when compared to establishing new installations at fresh sites.Read more
REC expands global footprint with Green Energy Projects
In an exclusive interview, Chairman and Managing Director Vivek Kumar Dewangan unveiled their sanctioned green hydrogen ammonia project in Oman and forthcoming ventures in Bhutan, Nepal, Bangladesh, and Sri Lanka.Read more
IREDA, Bank of Maharashtra join forces to boost renewable energy financing
As part of this agreement, Bank of Maharashtra has the opportunity to invest in the Bonds issued by IREDA, adhering to the specified terms and conditions of the offering.Read more
TotalEnergies to invest $300 mn in Adani Green Energy JV for 1 GW RE facility
The focus of the JV will be on the development of infrastructure related to renewable energy, particularly in the domains of solar and wind energy.Read more
Cement Industry invests Rs 5,500 cr in Green Power for 537MW capacity boost
In an effort to reduce emissions by 15-17% over the next 8-10 years, major cement players in the country are increasing their utilisation of blended cement, which incorporates less clinker and therefore requires less fuel.Read more
SIDBI offers 100% financing for MSMEs' Green Energy Projects
SIDBI is prepared to extend loans with 100% coverage, offering interest rates as low as 7-8%, contingent upon the credit ratings of the applicants.Read more
Jindal SAW, Hunting Energy unveil $25 million OCTG plant in India
In the framework of this collaboration, the joint venture entity, known as Jindal Hunting Energy Services (JHESL), has invested more than $25 million to establish an Oil Country Tubular Goods (OCTG) threading plant located in Nashik.Read more
Global coalition calls for tripling renewable energy by 2030
The alliance of organisations, which includes Adani, American Greenpower, Ember, and the Energy Transition Commission, emphasised that achieving this target represents the swiftest and most cost-effective approach to decarbonise the global economy.Read more
Serentica secures Rs 2600 crore funding from PFC for its renewable energy projects
Funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid renewable energy projects in Karnataka.Read more
Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption
MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more
