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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

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

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

G20 Biofuel Alliance: $500 billion opportunity in 3 years

The Indian Biogas Association research underscores the significance of this opportunity, given that India is currently hosting the G20 leaders' Summit in New Delhi.Read more

DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu

DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more

Tata Motors partners with Tata Power Renewable Energy to develop a 12 MWp solar project

Tata Motors expands on-site solar power capacity to 20.73 MWp at its Pune commercial vehicle manufacturing facility. The project will generate 17.5 million units of electricity per annum, mitigating over 12400 tonnes of CO2 per annumRead more

G20 Biofuel Alliance: $500 Billion opportunity in 3 Years, says IBA Study

The study indicates that biogas alone could generate opportunities worth $200 billion, considering its minimal investment requirements compared to other energy generation methods and the easy availability of raw materials.Read more

India offers $452 mn incentives for Green Battery Storage Boost

Information Minister Anurag Thakur revealed that this program will actively support the development of a storage capacity of 4,000 megawatt hours (MWh) by the year 2030-31.Read more

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