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India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023
Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more
India's RE capacity surges 2.35 times in a decade: Minister for Power
Highlighting the remarkable growth in renewable energy, the Minister credited the government's strategic initiatives since 2014.Read more
Major companies vie for India's Green Hydrogen, Electrolyser incentives
20 firms, such as Reliance Industries, Adani Group, Jindal India, Larsen & Toubro, and Bharat Heavy Electricals, have presented bids for incentives related to the manufacturing of electrolysers, according to statements from the Solar Energy Corp of India.Read more
Vikram Solar signs 152 MW module supply contract with NTPC
The modules will power NTPC's ambitious ground-mounted solar project at Nokh Solar Park in Jaisalmer, Rajasthan.Read more
BluPine Energy secures Rs 511 cr Green Loan for 120 MW Solar Project in Gujarat
The financing was obtained through Standard Chartered, a leading global banking institution, according to a company statement.Read more
Sterling, Wilson Renewable Energy successfully raises Rs 1500 cr in QIP for Solar Expansion
The majority of the funds raised through the QIP will be utilised to reduce debt, providing additional capital to tap into the rapidly expanding solar Engineering, Procurement, and Construction (EPC) markets in India and internationally.Read more
Zetwerk partners with NTPC for 375 MW solar project in Bhuj
Abhay Adya, the Business Head at Zetwerk, highlighted the company's commitment to leaner, cleaner, and greener manufacturing through its global supply chain.Read more
LOHUM partners UAE Ministry for First EV Battery Recycling Plant
The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.Read more
Honeywell to provide BESS to VIElectron for 6 solar parks across US Virgin Islands
The solution will enable VIElectron to install solar panels across St Thomas, St Croix and St John, all while smoothing out the energy peaks and valleys that can result from solar power.Read more
ONGC plans Rs 350 bn investment for 5 GW RE Capacity by 2030
ONGC is actively exploring various avenues, including pumped storage with a two GW capacity, five GW of solar and onshore wind capacity, and offshore wind with a one GW capacity, all to be realized by 2035.Read more