ENERGY SOURCES
AM Green, SJVN arm ink MoU for supply and sourcing of green energy AM Green's partnership with SJVN Green Energy aims to supply 4.5 GW of renewable energy. The project supports India's green hydrogen production targets and contributes to global industrial decarbonization. Additionally, collaborations with Gentari S...
01 Jul, 2024, 11.51 PM ISTCopper demand to rise significantly with shift to cleaner energy sources: HCL CMD Sharma According to ICRA, the domestic refined copper demand growth is expected to remain healthy at 11 per cent in FY25, outpacing the rate of global growth in copper demand, given the Centre's thrust on infrastructure development and a gradual transition...
28 Jun, 2024, 12.30 AM ISTSunSource Energy commissions 3 open access solar plants in Uttar Pradesh Solar solutions provider SunSource Energy on Tuesday announced the commissioning of three open access solar power plants totalling a capacity of 45 MWp in Uttar Pradesh. Located in Jhansi and Lalitpur districts on a combined area of 150 acres, these...
25 Jun, 2024, 04.04 PM IST- ADVERTISEMENT
High installation cost barrier to adopting rooftop solar power in India: Survey High installation costs and lack of skilled labor are major barriers to rooftop solar adoption in India, according to a Luminous Power Technologies survey. Conducted with 4,318 respondents across five metros and eight non-metro cities, the survey re...
24 Jun, 2024, 03.00 PM ISTJSW Energy begins construction of 1 GWh battery energy storage project in Rajasthan The project will be developed under a Build Own Operate and Transfer (BOOT) mechanism and will be transferred to the off-taker after 12 years, the company said, adding that it had bagged the project from Solar Energy Corporation of India Limited (SE...
10 Jun, 2024, 02.44 PM ISTJSW Energy begins construction as part of its foray into battery storage services JSW Energy has started construction on a Battery Energy Storage Project (BESS) to enter the energy storage services business, enabling the storage and release of renewable energy. They were awarded a 1.0 GWh battery storage project by SECI, with com...
10 Jun, 2024, 09.56 AM ISTMaruti Suzuki to invest Rs 450 crore over the next 3 years on renewable energy initiatives Maruti Suzuki India plans to invest Rs450 crore in renewable energy initiatives like solar power and biogas over the next three years. The company has commenced production at its biogas plant at its Manesar facility by harnessing food waste and Napi...
05 Jun, 2024, 12.21 PM ISTDespite record peak demand, power exchange prices remain lower than last year's peak period The average daily price in the day-ahead market on the power exchange remained lower in May compared to peak periods last year, despite record-high peak demand. This indicates sufficient energy supply from various sources. The average price during M...
04 Jun, 2024, 12.13 AM ISTIndia's peak power demand hits a record 250 GW India witnessed a historic milestone on May 30 as the country's power demand surged to a record-breaking 250 GW, driven by a combination of weather-related loads and the escalating power consumption in both industrial and residential sectors, announ...
31 May, 2024, 12.47 AM ISTBHEL ties up with BARC for electrolyser system to produce hydrogen energy Bharat Heavy Electricals Limited (BHEL) has signed an agreement with the Bhabha Atomic Research Centre for 50 kW alkaline electrolyser system to produce hydrogen, the company informed the exchange in a filing.
28 May, 2024, 06.41 PM ISTSaudi Arabia plans Aramco share sale as soon as June, sources say Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be one of the region's biggest stock deals, two people familiar with the matter said. The offering could raise around $10 billion, one of...
26 May, 2024, 10.56 PM ISTRussia plans to open sea terminal for LPG exports to Asia by 2025-end, sources say Russia and China are set to open the first LPG terminal on Russia's Pacific coast by the end of 2025, facilitating LPG exports to China and other Asian countries.
22 May, 2024, 06.28 PM ISTWhy power stocks are a healthy combination of high growth and reasonable valuations Government initiatives and rising energy demand are transforming the Indian power sector, offering investment opportunities with high growth and reasonable valuations. The sector's growth is fueled by a move towards renewable energy sources, positio...
21 May, 2024, 01.18 PM ISTIndia leader in Green Energy Affordability, says MNRE Secretary India's Renewable Energy Secretary Bhupinder Singh Bhalla underscored India's leadership in renewable energy affordability at the World Hydrogen Summit 2024 in Rotterdam. Bhalla emphasized India's efficient grid infrastructure for integrating renewa...
17 May, 2024, 12.53 AM ISTShare of non-fossil fuel to grow to 50% in domestic energy generation capacity by 2030: MNRE Secy The government aims to raise the share of non-fossil fuel in India's electricity generation capacity to 50% by 2030, according to MNRE Secretary Bhupinder Singh Bhalla. Currently, non-fossil fuel-based capacity constitutes about 42% of India's insta...
16 May, 2024, 07.08 PM ISTTax incentives can help enhance adoption of sustainability manufacturing: Experts Financial incentives like tax breaks and subsidies can boost the adoption of green manufacturing practices. Experts emphasize the need for sustainable supply chains and investments in energy-efficient technologies. Companies are increasingly focusin...
14 May, 2024, 03.51 PM ISTPowering ahead: The role of renewable energy in electric vehicle charging infrastructure India aims for a sustainable future with EVs & renewable energy. Challenges include sparse charging stations & policy reforms. By 2030, target is 500 GW renewable energy for a greener tomorrow.
09 May, 2024, 08.28 PM ISTIndia's fossil fuel capacity grows 2.44 pc in FY24; non fossil-fuel rises 11 pc: Govt data India's power generation capacity saw growth in both fossil fuel-based and non-fossil fuel-based sources in FY24. Fossil fuel capacity rose to 243.22 GW while non-fossil fuel capacity increased to 190.57 GW, with renewable energy sources like solar ...
03 May, 2024, 03.29 PM ISTNaveen Jindal group plans Rs 15,000-crore green energy push As per the blueprint being finalised, the group wants to power the new steel capacity additions by creating 4 gigawatts (GW) of renewable power sources in-house within the next couple of years, said the people. This would help the group reduce carbo...
24 Apr, 2024, 10.23 AM ISTChinese exports are threatening Biden's industrial agenda Americans are not alone in their complaints about China's new tide of exports. European leaders have raised similar concerns.
19 Apr, 2024, 09.44 AM IST