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IREDA launches foreign currency debt office in GIFT city to boost green energy financing

April 23, 2024

Indian Renewable Energy Development Agency Limited (IREDA) has inaugurated a new office in Gujarat International Finance Tec-City (GIFT), Gandhinagar, dedicated to offering debt options denominated in foreign currencies. This strategic move aims to support green […]

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Jindal Stainless commits to science-based targets for achieving net zero

April 18, 2024

Jindal Stainless, the largest stainless steel manufacturer in India, has formally pledged its commitment to the near-term science-based emissions reduction goals and net zero targets set by the Science-Based Targets initiative. The formulation of these […]

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Business energy procurement sees significant surge in renewable energy: RE100’s annual disclosure report

April 17, 2024

According to RE100’s latest annual disclosure report, over 180 prominent Indian and international corporations in India obtained approximately 25 per cent of their electricity requirements from renewable sources in 2022, bolstering the push for renewable […]

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Adani Green Energy surpasses 10 GW of renewable energy installations

April 4, 2024

Adani Green Energy Limited (AGEL) has exceeded the 10,000 MW in its operational portfolio, providing reliable, cost-effective, and environmentally friendly power to the national electricity grid.  AGEL’s operational assets comprise solar power of 7,393 MW, […]

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India is a competitive market for green hydrogen, according to a new study

March 29, 2024

India is rich in renewable energy resources like wind and solar power and is suitably placed to become a competitive market for green hydrogen production. This is highlighted in the paper “India’s opportunity for a strategic […]

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Greenzo Energy introduces alkaline electrolyser for green hydrogen manufacturing

March 11, 2024

Greenzo Energy India Limited has launched its 1 MW Alkaline Electrolyser recently in India. This electrolyser, crafted  under the Make in India initiative, represents a significant innovation poised to expedite India’s shift towards a sustainable […]

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Maharashtra Discom aims for installation of 3 million residential rooftop solar systems

March 5, 2024

The Maharashtra State Electricity Distribution Company (MSEDCL) has outlined initiatives to deploy 3 million rooftop solar systems on residences across the state as part of the Pradhan Mantri Surya Ghar – Muft Bijli Yojana. The […]

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ACME signs a supply agreement with Yara for green ammonia

March 1, 2024

ACME Cleantech’s subsidiary GHC SAOC has signed a firm and binding agreement with Norwegian crop nutrition company Yara for long-term supply of ammonia with reduced CO2 emissions. This agreement comes after 18 months of negotiations at […]

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Power minister finalises mechanisms for implementing BESS for RTC clean power supply

March 1, 2024

The Union Minister for Power and New and Renewable Energy has established the framework for implementing the viability gap funding programme, aimed at developing battery energy storage systems (BESS) with a capacity of 4,000 MWh. […]

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PFC and CEEW partner to strengthen clean energy finance

February 14, 2024

PFC Limited and the Council on Energy, Environment, and Water (CEEW) have declared a strategic partnership to propel PFC’s dedication to emerging as a premier net-zero financier, in accordance with India’s 2070 net zero goal. […]

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Discom losses reduced by 65 per cent in the last 18 months: R.K. Singh

February 9, 2024

The Union Minister for Power and New and Renewable Energy announced that the implementation of the Electricity (Late Payment Surcharge and Related Matters) Rules, 2022 has significantly improved the financial health of power distribution companies […]

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India installs over 295,000 solar water pumps for farmers under PM-KUSUM scheme

February 9, 2024

The Union Minister for Power and New and Renewable Energy in a written reply to a question in the Lok Sabha announced that over 295,000 standalone off-grid solar water pumps have been installed across India […]

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IEX energy market update for January 2024

February 7, 2024

Indian Energy Exchange (IEX) recorded a 26.1 per cent year-on-year (YoY) increase in growth, attaining a total volume of 10,893 million units (MUs). This also includes 1.52 million renewable energy certificates (RECs) equivalent to 1,520 […]

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Inox Wind’s 3 MW turbines included in MNRE’s RLMM

February 2, 2024

Inox Wind Limited (IWL) has revealed that its 3 MW wind turbine generator (WTG), equipped with a booster capacity of up to 3.3 MW, has been included in the Ministry of New and Renewable Energy […]

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REC Limited to spearhead national rooftop solar programme

January 23, 2024

REC Limited has been designated as the main executor for the rooftop solar initiative by the Ministry of New and Renewable Energy. As part of its responsibilities, REC is not only assigned as the primary […]

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Latest consumer service ratings of discoms released: Uttar Pradesh’s NPCL and Delhi’s BRPL, BYPL and TPDDL get A+ Rating

January 23, 2024

In the latest Review Planning & Monitoring (RPM) meeting of the power sector the union minister for power and new and renewable energy, launched the third edition of the consumer service ratings of discoms, covering […]

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MNRE orders discoms to simplify rooftop solar application process

January 17, 2024

In order to expedite the widespread acceptance of grid-connected rooftop solar systems, the Ministry of New and Renewable Energy (MNRE) has issued directives to streamline the implementation and application procedures. At the stage of obtaining […]

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Uttar Pradesh poised to become India’s solar energy hub soon

January 5, 2024

Uttar Pradesh is on track to fulfill the goal of satisfying 40 per cent of its energy needs through solar and alternative sources. Currently, the state has 125 projects in the pipeline with an anticipated […]

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Adani Green Energy establishes four subsidiary companies

December 22, 2023

Adani Green Energy Limited (AGEL) has formed four subsidiary companies in a hierarchical structure, namely Adani Renewable Energy Sixty, Adani Renewable Energy Sixty Two, Adani Renewable Energy Sixty Three, and Adani Renewable Energy Sixty Four. […]

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UltraTech Cement aims for 85 per cent green energy integration by 2030

December 15, 2023

UltraTech Cement Limited has announced that it plans to raise the proportion of green energy in its total energy blend to 85 per cent by 2030. As an interim goal, UltraTech aims to almost triple […]

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