GREEN ENERGY SECTOR
JSW Energy plans ₹1.15 L cr capex to diversify operations JSW Energy announces a strategic shift towards becoming an energy products and services provider, with plans to invest ₹1.15 lakh crore in capital expenditure to achieve 20 GW generation capacity and 40 GWh storage capacity by 2030. The company is e...
06 Jul, 2024, 12.35 AM ISTInterest subvention likely to push energy efficiency among MSMEs The power ministry has begun discussions on offering interest subvention under the Assistance in Deploying Energy Efficient Technologies in Industries & Establishment (ADEETIE) Scheme for adoption of energy efficient technologies, people aware of th...
05 Jul, 2024, 11.45 PM ISTBudget 2024 may see Modi government continue its pitch for India's green energy ambitions BUDGET EXPECTATIONS: Industry experts anticipate the Union Budget 2024 will maintain the Modi government’s focus on renewable energy, emphasizing policy stability and increased investment. Sharad Mahendra of JSW Energy underscores the need for consi...
05 Jul, 2024, 09.49 AM IST
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 ISTSJVN to supply 4500 MW green energy to AM Green's green ammonia facilities Greenko Group's subsidiary, AM Green, and SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, have signed a Memorandum of Understanding (MoU) for a long-term renewable energy supply agreement. Under the agreement, SGEL will provide ...
01 Jul, 2024, 12.36 PM ISTGoogle buys stake in Taiwan solar power firm owned by BlackRock Investing in New Green Power in Taiwan, I drive sustainable energy solutions for manufacturers, reducing Scope 3 emissions. This aligns with my commitment to carbon-free operations and environmental sustainability, supporting solar capacity growth i...
01 Jul, 2024, 08.01 AM ISTWorld Bank lends $1.5 billion push to power green hydrogen market India's energy transition supported by the World Bank includes green hydrogen promotion, renewable energy scaling, and grid code amendments for enhanced integration of battery energy storage solutions.
29 Jun, 2024, 05.30 AM ISTHero Future Energies gets shortlisted for Bhubaneswar Hydrogen Valley project Hero Future Energies (HFE), the renewable energy arm of the Hero Group, has been selected as a consortia partner for the Bhubaneswar Hydrogen Valley Innovation Cluster (HVIC). Operating as the industry partner for IIT-Bhubaneswar, HFE will focus on ...
28 Jun, 2024, 08.51 PM ISTAdani to invest Rs 2 lakh crore in renewable energy capacity addition by 2030 Adani Group plans to invest Rs 2 lakh crore by 2030 to achieve 40 GW of renewable energy generation capacity, aiming for net zero emissions by 2050. With over 10 GW capacity currently, they aim to add 6-7 GW annually to reach 50 GW by 2030. The inve...
25 Jun, 2024, 04.56 PM ISTBrookfield targets USD 10 billion investments in renewable sector Canada’s Brookfield Asset Management plans to triple its investments in India’s renewable energy sector to over $10 billion within the next three to four years. The firm is also exploring opportunities in electric vehicles and green hydrogen. With a...
25 Jun, 2024, 11.24 AM 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 ISTGreen energy to drive power sector investment, coal to remain significant: Moody's India’s power sector investments will be driven by renewable energy and transmission projects which will require an investment of $340-385 billion to meet the government's target and associated incremental transmission and storage system, Moody’s Ra...
06 Jun, 2024, 04.22 PM ISTIndia offers USD 500 billion investment opportunities in clean energy, other sectors by 2030 New Delhi India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy value chain including renewables, green hydrogen and EV, by 2030, the commerce ministry said on Thursday. This was stated by Commerce Secre...
06 Jun, 2024, 03.22 PM ISTPort sector urged to decarbonise entire chain of operations Maharashtra Maritime Board's Chief Port Officer Praveen S Khara said there is a need for these public and private stakeholders to collaborate in decarbonising the entire chain of operations.
03 Jun, 2024, 10.20 AM ISTSterlite Power secures Rs 1,373 crore funding for Neemrana II Kotputli transmission project Sterlite Power announced the successful funding of Rs 1,373 crore for its Neemrana II Kotputli Transmission Limited project from Power Finance Corporation. Sterlite Power aims to build a green energy corridor. Acquired in November 2023, the project ...
30 May, 2024, 02.02 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 ISTZinc demand in India likely to double in next 5-10 years The demand for zinc in India depends largely on the growth of the steel market as zinc is mainly used to galvanise steel to protect it from corrosion. "I see a doubling of the demand (for zinc) in the next five to 10 years. The market for primary an...
19 May, 2024, 04.05 PM ISTGreen career path looks promising but remember that it is a nascent industry The green job sector is rapidly expanding with numerous growth opportunities, but also presents challenges due to its nascent stage. Individuals must navigate issues like evolving landscapes, skill gaps, and market fluctuations. Strategies include p...
13 May, 2024, 12.40 PM ISTSolar stocks outshine with up to 1,318% return in 1 year. Who’s driving the bull run? Waaree Renewable Technologies, a smallcap solar company, has emerged as the leading gainer in the solar sector, boasting an astounding annual return of 1,318%. It is followed by WAA Solar with a gain of 561%, Zodiac Energy with 393%, and SJVN with 2...
10 May, 2024, 12.29 PM ISTIREDA incorporates subsidiary in GIFT City, Gujarat Pradip Kumar Das, Chairman & Managing Director of IREDA, said, "This subsidiary not only positions IREDA to extend its global reach but also acts as an offshore platform for securing competitive funding to drive the renewable energy sector's growth....
09 May, 2024, 04.55 PM IST