NHPC completes dam construction work of Subansiri Lower Hydroelectric project

NHPC has informed that more than 90 per cent of the total work of the project has already been completed

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GQG acquires 3 per cent in Adani Transmission for Rs 2666 crore

On Wednesday, GQG invested in Adani Enterprises and Adani Green Energy after promoter entities sold stakes in the two companies via bulk deals to raise ₹8,372 crore

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World Bank approves $1.5 billion financing for India's low carbon energy sector

The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement.

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World Bank approves $1.5 billion financing for India's low carbon energy sector

The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement.

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DBS looks at India among top 3 markets for sustainable finance

The development comes at a time when India has set a target of creating 500 GW of non-fossil fuel based energy by 2030

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Solar Industries AGM exposes feud between Nuwal brothers

The dispute between the brothers started when the company secretary, on July 31, 2020, sent a letter to Kailash Chandra Nuwal stating that he had automatically vacated the office on November 7, 2019, after failing to make certain disclosures

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CIL should remain as public sector entity alternative methodology needed for coal pricing: Chairman

He also pointed out that the miner's identity is synonymous with the country's energy sector, and the present structure with CIL as the apex holding company is strong and stable

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Biden administration raises record $105 million in Nevada solar energy auction

NV Energy Inc led the Tuesday auction with more than $80 million in high bids for two parcels in the Amargosa Valley Solar Energy Zone, according to the Bureau of Land Management.

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Govt comes out with draft rules of Green Credit programme

The programme also envisages to create a mass movement around environment positive actions and realise the vision of "Mission LiFE" through pro-planet people and entities

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U.S. launches $7 bln program to bring solar to low-income households

The agency will make up to 60 awards to community groups around the country representing specific states, Native Americans and Alaska Natives and multi-state programs.

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India ranked 67th on Energy Transition Index Sweden on top: World Economic Forum

The report states that India is the only major economy with accelerating energy transition momentum across all dimensions

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OPINION: How digital enterprises can keep sustainability at their core

Sustainability is not just a buzzword but a crucial aspect of modern businesses. In a world where technology is ever-evolving, it is important to remember our responsibility towards the planet.

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Small solar power firms eclipsed in India's renewable energy race

The market is being consolidated in the hands of a few big companies, while the benefits of the booming sector are slowly being lost

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Indian Railways initiates 'Hydrogen for Heritage' project plans to operate 35 Hydrogen trains for a greener future

This pilot project is scheduled to operate on the Jind-Sonipat section of the Northern Railway

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Malaysia's Sarawak Energy plans 400 MW floating solar capacity by 2030

The company owned by the Malaysian state of Sarawak, which produces most of its power from hydroelectric dams, is expanding into solar capacity as it seeks to reduce reliance on coal and ramp up exports to neighbouring Sabah state, and countries such as Indonesia, Brunei and Singapore.

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Indian Railways initiates 'Hydrogen for Heritage' project plans to operate 35 Hydrogen trains for a greener future

This pilot project is scheduled to operate on the Jind-Sonipat section of the Northern Railway

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Amara Raja Infra bags EXIM India-funded $130 mn solar project in Bangladesh

The scope of the project, valued at $130 million, consists of Engineering, Design, Supply, Installation, and Commissioning of a 100 MW (AC) Solar PV Power Plant and will be funded by the EXIM Bank of India.

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John Goodenough Nobel laureate and lithium-ion battery pioneer dies at 100

The American was "was a leader at the cutting edge of scientific research throughout the many decades of his career," said Jay Hartzell, President of the University of Texas at Austin where Goodenough was a faculty member for 37 years.

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Technical bids for 7th coal block auction to open on Wednesday: Coal Ministry

Technical bids coming for the seventh round of commercial coal block auctions will be opened on June 28, an official statement said on Monday

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Delhi power tariff hike: Users consuming over 200 units of electricity have to pay 8% surcharge

Now, users consuming more than 200 units will have to pay about an additional 8 per cent surcharge, on average, but tariffs for users who consume less than 200 units per month will remain unchanged.

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Karnataka prefers renewable energy to thermal power: Energy minister

Amidst global clamour against the thermal power plants and the fight against climate change, Karnataka energy minister KJ George on Monday clarified that there is no proposal to build any new thermal plants in Karnataka.

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OPINION: How India can empower MSMEs to achieve Net-Zero - A perspective

The only way MSMEs can future-proof themselves is by significantly stepping up their ambition to forge their way to a carbon-neutral, sustainable future.

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Goldi Solar investing over Rs 5000 cr to scale up module manufacturing capacity: MD Ishver Dholakiya

When asked about the company's growth plans, he replied, "We are in the process of investing over Rs 5,000 crore as part of our expansion plans to increase module manufacturing from 2.5 GW to 6 GW."

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Vibrant Energy has 4 GW RTC renewable energy projects in pipeline says CEO Srinivasan Viswanathan

The company has recently closed a project finance facility for over $280 million from Power Finance Corporation for its 300 MW wind-solar hybrid project

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Vibrant Energy has 4 GW RTC renewable energy projects in pipeline says CEO Srinivasan Viswanathan

The company has recently closed a project finance facility for over $280 million from Power Finance Corporation for its 300 MW wind-solar hybrid project

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With nine G20 meets in kitty Goa set for big-ticket events including Clean Energy Ministerial

Altogether, nine G20 events will take place in our state. Clean Energy Ministerial Meeting and another G20 meeting will take place here in July, nodal officer for G20 meetings in Goa Sanjit Rodrigues told PTI in an interview.

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Penalty of defaulting electricity consumers with less than Rs 1 lakh annual income to be waived: Khattar

Irrespective of the default amount, such consumers will not have to pay more than the average bill of only one year, even if their bill is pending for 10 years, said Khattar.

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Maha govt Renew Power sign MoU for Rs 20k cr project in Nagpur

​​ An official statement said the project will come up on an area of 500 acres and will lead to creation of 8000-10000 direct and indirect jobs.

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India is only G20 country that fulfilled all the promises on climate change says PM Modi

"In order for all of creation to work, we can make nature -- we cannot have exploitation of nature and we have always believed this," he said.

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ONGC links Panna field with sub-sea pipeline saves cost

With "the successful linkage of Panna process platform with subsea pipeline", the company "has achieved a significant cost reduction of approximately USD 43,000 per day," ONGC said in a statement.

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Prime Minister Modi invites Micron to boost semiconductor manufacturing in India

Modi in his meeting with President and CEO of Applied Materials Gary E Dickerson discussed the potential of the company's collaboration with academic institutions in India to create a skilled workforce.

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MUFG partners launch $1.5 bln climate finance platform

The new venture, dubbed GAIA and announced at the Summit for a New Global Financial Pact in Paris on Thursday, aims to blend private sector investment with concessional capital from public and philanthropic groups.

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Renewable energy platform SafEarth raises Rs 3.5 crore in funding led by Anthill Ventures

The latest capital infusion will help fuel SafEarth's product development initiatives and support its expansion into new industrial belts across India, the company said. SafEarth helps industries reduce their carbon emissions by shifting from thermal power to solar energy at scale.

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President Murmu appoints retd Allahabad HC judge Umesh Kumar as DERC chairman

This appointment comes subsequent to Justice (Retd) Rajeev Kumar Shrivastava (Madhya Pradesh High Court), who had been proposed for appointment as DERC Chairperson, by the GNCTD expressed his inability to be appointed as Chairperson.

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India US likely to join forces on green H2 carbon capture and battery energy storage

The two countries could also look to partner to accelerate cooperation in offshore and onshore wind power and other emerging technologies for energy transition, people close to the development said.

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Himachal CM aims to bring state out of red

With a strong emphasis on tourism and hydropower, the state aims to bolster its economy and create employment opportunities for the youth.

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Annual clean energy investments will need to more than triple from $770 bn: Report

Annual clean energy investments in emerging and developing economies will need to more than triple from $770 billion in 2022 to as much as $2.8 trillion by the early 2030s to meet rising energy needs and align with the climate goals set out in the Paris Agreement, a new report released by the International Energy Agency (IEA) and International Finance Corporation (IFC) said on Wednesday.

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Transgrid to spend $11 bln to prepare Australian state for 100% renewables

Australia's most populous state will be ready for 100% renewable energy within a decade under a A$16.5 billion ($11.20 billion) infrastructure investment plan announced by a major grid operator on Wednesday.

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Axfood Alight sign power purchase deal for Sweden's biggest solar park

Swedish solar firm Alight and food retailer Axfood have signed a power purchase agreement (PPA) to build Sweden's largest solar park, the companies said on Wednesday.

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Adani Group companies valuation halves against just 6 pc decline for top 500 cos: Report

Adani Enterprises and Adani Total Gas also moved out of the top 10 most valuable firms during the period under review, the report said.

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RK Singh: Will ensure adequate power while meeting energy transition goals

"Our energy transition will be the fastest in the world, but we will not compromise on availability for our development needs," Singh said at the ET Energy Leadership Summit.

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India needs another PLI scheme for grid-scale storage and RTC renewable energy: R K Singh

Delivering his Chief Guest address at the summit, Singh shared with the business and investor community the story of India’s progress in the energy sector and its vision for the road ahead.

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India needs another PLI scheme for grid-scale storage and RTC renewable energy: R K Singh

Delivering his Chief Guest address at the summit, Singh shared with the business and investor community the story of India’s progress in the energy sector and its vision for the road ahead.

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WattPower inks fame agreement with Renew Power to supply 1.2 GW of string inverters by Dec 2023

New Delhi [India], WattPower, a leading provider of innovative energy solutions, announced a ground-breaking deal with ReNew Power, India's leading renewable energy company.

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HPCL bags long-term contract from OPaL for supply of natural gas

OPaL, a joint venture of ONGC, GAIL and GSPC, requires natural gas for operating its own captive power plant for supporting its power and steam requirements.

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Clean sustainable fuels created "from thin air" and plastic trash

Researchers have shown how carbon dioxide from industrial operations or even straight from the air can be gathered and converted into clean, sustainable fuels using just solar energy.

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Study finds carbon dioxide can be transformed into clean sustainable fuels

Researchers found how carbon dioxide can be captured from industrial processes - or even directly from the air - and converted into clean, sustainable fuels using only solar energy.

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Tata Power mulls to double capex to Rs 12k cr in FY24; focus on renewables

"To meet the growth targets, your company (Tata Power) plans to invest about Rs 12,000 crore, which is double the capex spent in FY23," Tata Power Chairman Natarajan Chandrasekaran said while addressing the 104th annual general meeting on Monday.

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Adani Transmission gets shareholders' nod to raise up to Rs 8500 crore

The company had sought shareholders' approval through postal ballot to raise up to Rs 8,500 crore by way of qualified institutional placement through issuance of equity shares and/or other eligible securities to eligible investors on May 15, 2023.

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Indian Oil exec expects Russia to make up 30% of company's imports this year

"(The) share of Russian crude oil imports, which was less than 2% in '21/22 has increased 10 times, to around 20% in India’s buy of crude oil imports," Vinod Kumar told a panel at the St Petersburg International Economic Forum.

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Joint India-US effort needed to address state-subsidised dominance of China's strategic industries: First Solar CEO

In an interview with PTI ahead of Prime Minister Narendra Modi's State Visit, Widmar said that the international solar industry has experienced a noticeable shift in the ease of doing business in India over the past decade, with both Federal and state governments facilitating investments and permitting.

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Power and renewable energy minister R K Singh to launch ETEnergyworld Energy leadership Summit 2023

Speaking as Chief Guest, Minister R K Singh, who is known for successfully steering the power and renewable energy sectors in times of global energy transition, would share the roadmap for the next set of policy interventions to ensure India continues to occupy its leadership position in energy.

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India to produce 55 million tonnes of green hydrogen in 2050

India can produce substantial amounts of hydrogen but are also likely to rely on imports throughout the transition, added the report by Deloitte

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NRL signs MoA with IFSA Kaziranga varsity for research on wind energy in NE

The agreement was signed by NRL's senior chief general manager Nikunja Borthakur, Kaziranga University vice-chancellor Dr P K Mishra and IFSA chairman Dr P Goswami, a company release said.

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Oil exploration contracts not to be covered under IBC moratorium

This effectively means that the government can cancel such contracts or permits with insolvent firms in the petroleum sector even when bankruptcy proceedings are going on against them, experts said.

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NLC India forms arm to undertake green energy projects

NLC India Renewables Ltd (NIRL) was incorporated as a wholly-owned subsidiary on June 14, 2023, NLC India said in a statement.

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NLC India forms arm to undertake green energy projects

NLC India Renewables Ltd (NIRL) was incorporated as a wholly-owned subsidiary on June 14, 2023, NLC India said in a statement.

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ET Sustainability Forum: 'Carrot & stick' policy for faster green transition

As companies across industries grapple with the sustainability ask, top corporate executives and climate experts discuss green adoption at the ET Sustainability Forum. Calling for an approach that combines policy consistency and penalty on polluters, they say it’ll make ‘go green’ initiatives sustainable and affordable. Brand Connect Initiative

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Tata Motors evinces interest in green technology project in Jharkhand

Cummins Inc and Tata Motors had in November last year joined hands to offer solutions in hydrogen-powered commercial vehicle space.

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Sanjay Kumar takes over as Director (Marketing) of GAIL

"Kumar, a Mechanical Engineer from IIT Kharagpur and an MBA, has a rich domain experience of over 35 years in the natural gas sector," GAIL said in a statement.

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India Africa can double trade to $200 billion: Piyush Goyal

Goyal suggested sharing renewable energy between India and Africa. At the CII-EXIM Bank Conclave, he also said that India can look for negotiating a free trade agreement with Africa to further strengthen economic ties and that the two "have not reached our true potential".

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India to soon overtake China as oil demand driver; can be leader in green hydrogen: IEA chief

"India's oil demand will grow. I think India will soon takeover from China as the largest driver of global oil demand growth," Birol told PTI on the sidelines of a G20 event here.

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NTPC can acquire stranded thermal power plants rather investing in new projects: IEEFA

According to the Institute for Energy Economics and Financial Analysis (IEEFA), acquiring and reviving stranded thermal power plants is a better option for all stakeholders, including NTPC.

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Renewable transition still lagging in fuel heating sectors: research

Though heating and fuel account for more than three quarters of global energy use, both remain heavily dependent on fossil fuels, with renewable sources accounting for just 3.6 per cent and 9.2 per cent respectively, the Paris-based REN21 think tank said.

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India's Oil & Gas production to achieve mid-decade peak in 2027: S&P Global

Petroleum minister Hardeep Singh Puri had recently said India will need to pursue an aggressive upstream policy to ensure energy security.

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90000 smart street lights being installed on all Delhi roads maintained by PWD

The proposal to install 90,953 smart street lights was presented before the chief minister by PWD Minister Atishi during a high-level meeting at the Delhi secretariat.

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Study says renewables must ramp up 5 times faster to avert Thunberg's climate 'cliff'

The study was released on the sidelines of the UN climate talks in Bonn, where Thunberg said humanity needed to act on the climate crisis now or face "the death sentence."

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Cyclone Biparjoy: How renewable energy projects can prepare for impact

The cyclone is expected to make landfall near Jakhau, a fishing port in Gujarat, on June 15

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India’s aluminium exports to European Union set to become unviable on CBAM dent

The EU is India’s second-largest trading partner, and also an attractive destination for aluminium exports. In 2022-23, primary aluminium accounted for as much as 29 per cent of the total $74.8 billion of merchandise exports from India to the EU.

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EVs offer foreign auto companies a second chance in India

High taxes, price-conscious consumers and tricky logistical issues have made it tough for many foreign carmakers to thrive in one of Asia's biggest economies. But with the advent of EVs, firms like MG Motor, the local unit of China's SAIC Motor, Renault, Nissan and Volkswagen may finally gain a better foothold.

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NTPC invites bids to assess potential floating solar capacities

According to the bid document, the intent of the proposed study is to evaluate the feasibility of developing floating solar PV plants at reservoirs of states and UTs.

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SECI initiates tender for setting up 2,500 Mw wind power projects

SECI will select project developers through a Request for Selection (RfS) document to be issued soon for selection of Wind Power Developers for Setting up of 2,500 MW ISTS-connected Wind Power Projects under the Tranche XV of Tariff-Based Competitive Bidding.

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China's installed non-fossil fuel electricity capacity exceeds 50% of total

Non-fossil fuel power sources, such as wind and solar power, account for 50.9% of the country's total installed capacity, marking the early completion of a government target proposed in 2021, under which renewable capacity was planned to exceed fossil fuel capacity by 2025.

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Peak power demand met touches all-time high of 223.23 GW on June 9

Taking proactive measures, the power ministry had asked well in advance all imported coal-based power plants to run at full capacity from March 16, 2023 to June 15, 2023, to meet any unprecedented rise in demand and consumption of electricity in the country.

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India vulnerable to climate change due to heavy population: UNEP Executive Director Erik Solheim

"You see the effects of climate change everywhere in the world. But of course, India is particularly vulnerable to climate change because it has a heavy population and the kind of nature of India makes it more vulnerable than most other places," Solheim said during Y20 talk on climate action.

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SECI to supply 600 MW wind power to GRIDCO Odisha

Under the ISTS scheme, power generated from a state rich in renewable energy resources could be transmitted to states deficient in renewable energy resources.

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SECI to supply 600 MW wind power to GRIDCO Odisha

Under the ISTS scheme, power generated from a state rich in renewable energy resources could be transmitted to states deficient in renewable energy resources.

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Ola Electric to kick off investor meet on IPO plans

The sources said Ola, which makes electric scooters and is backed by investors such as SoftBank and Temasek, has plans to raise between $600 million and $1 billion in its initial public offering (IPO), which is planned for late 2023.

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Uruguay plans $4 billion green hydrogen facility investment

"Here in Uruguay, and here in Paysandu, we are going to benefit from this investment," President Luis Lacalle Pou told reporters in the department of Paysandu, a key area for the country's eucalyptus pulp mill industry.

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DFC invests $5 million in Revfin to drive inclusive EV financing in India

Revfin plans to utilize the funds to introduce new products and expand its operations into new geographical areas. The company has set a target to finance 2 million electric vehicles over the next five years.

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Centre to develop 5 Himachal villages under Vibrant Villages plan

Chhitkul, Pooh, Nako, Leo and Chango villages of district Kinnaur will be developed under the Vibrant Villages Programme, Singh said.

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Higher renewable energy generation to cut coal reliance this summer, says EIA

Power generation through natural gas, which remains the primary source in the electric power sector, is expected to grow 3 per cent this summer (June to August), helped by additional capacity and favorable fuel costs, the EIA said on Thursday.

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Coal imports not needed from next fiscal: Pralhad Joshi

"There is no shortage of coal in the country and there will be no need to import thermal coal from fiscal 2024-25," Joshi told ET on the sidelines of a press conference to mark major achievements of his ministries.

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R K Singh exhorts women to increase participation in renewable energy sector, steer transition to net zero

As per a statement issued by the Ministry of New and Renewable Energy, Singh exhorted women to increase participation in the renewable energy sector and steer India's transition towards net zero emission.

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No solar power for agri pumps, Pb lags in using central scheme

The central and the state governments offer subsidy of 30 per cent each and farmer had to pay only the remaining 40 per cent to get the solar pumps running, but many still find this option costly and the subsidy delayed.

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Serentica Renewables places Rs 10,000 cr contracts for renewable energy projects

The projects are scheduled to be commissioned by FY25

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Serentica Renewables places Rs 10,000 cr contracts for renewable energy projects

The projects are scheduled to be commissioned by FY25

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Union govt not looking at any tailored incentives as of now for Tesla; states can offer: Sources

The representatives of the firms visited the country last month and held meeting with various parts of the government, including the commerce and industry ministry.

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Real estate summit on cards in Srinagar; tech survey of Gurdaspur-Jammu gas pipeline complete: Puri

The Union Minister of Housing, Urban Affairs, Petroleum and Natural Gas said the real estate summit is on the cards in Srinagar shortly after the successful first-ever such event in Jammu in December 2021.

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Greater possibility of collaboration in energy, green hydrogen with Namibia: Jaishankar

"Even in Africa, there are already significant projects delivered by us in these domains. I hope that this record encourages the emergence of new partnerships between us in these areas," he said.

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India has raised $43 billion in the hidden universe of Green Bonds since 2014: Report

Domestic power producers account for nearly 80 per cent of India’s green bonds from January 2014 through March 2023, with Greenko, ReNew and Continuum being the top issuers.

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India has raised $43 billion in the hidden universe of Green Bonds since 2014: Report

Domestic power producers account for nearly 80 per cent of India’s green bonds from January 2014 through March 2023, with Greenko, ReNew and Continuum being the top issuers.

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Opinion: An energy diet will lead to economic starvation

The focal point of the energy debate should be on shifting to inexhaustible sources like solar and wind energy and increasing efficiency rather than reducing consumption.

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Himachal signs MoU with Oil India Ltd for Green Hydrogen: CM Sukhu

CM Sukhu presided over 'Enviro-Ideation Hackathon' organised by the Himachal Pradesh State Pollution Control Board (HPSPCB) at Indian Council of Agricultural Research (ICAR)-Central Potato Research Institute (CPRI) Shimla today.oil

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Centre gets Rs 4,185.31 crore from Coal India stake sale

The government has received Rs 4,185 crore through a 3 per cent stake sale in state-run Coal India, as per the Department of Investment and Public Asset Management (DIPAM) website.

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Indian Oil Corporation, two domestic engine makers working on 5 pc ethanol blending in diesel

"Two key Indian heavy-duty diesel engine makers, Indian Oil and one of the other oil marketing companies are very actively working on blending 5 per cent of ethanol in diesel," he said in an event organised by automobile industry body SIAM.

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Using electric water heaters to store renewable energy could do the work of 2 million home batteries - and save us billions

Electric water heaters offer a cheap way to store large amounts of energy, in the form of hot water. A heater with a 300-litre tank can store about as much energy as a second-generation Tesla Powerwall - at a fraction of the cost.

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ESG SaaS Platform sentra.world secures $2 million in seed funding led by Avaana Capital

sentra.calculus, sentra.network, and sentra.portfolio provide sector-specific measurement approaches, emissions reduction simulations, intuitive dashboards, global reporting standards, and gamified data reporting.

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High Court dismisses govt plea to enforce arbitral award against RIL

The high court rejected the petition holding it to be "premature and not maintainable". The 2016 FPA is "not an executable arbitral award" as it does not award any amount to the government, it said in the order on Friday.

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Law may be updated for adequate oil assets compensation

The oil ministry has drawn up a proposal, which would entitle investors to reasonable compensation if the government expropriated their assets, according to people familiar with the matter.

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Army plans to make Narengi military station completely renewable

For this initiative, the Army has installed a green solar energy plant with a capacity of 1 MW (Mega Watt) at the military station to benefit the troops of the Army.

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OPINION: Mobilizing clean energy investments - India anchoring the voice of EMDEs and Global South

Given its rich experience in clean energy investment, its existing G20 Presidency and an exceptional ability to mobilize support for strategic institutional interventions, India is likely to emerge as one of the strongest voices of EMDEs and the Global South.

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ONGC to maintain financial flexibility as earnings steady: S&P

At the same time, production at the Sakhalin-1 project of ONGC Videsh Ltd (OVL) should also recover to fiscal 2022 levels, after a period of disruptions because of geopolitical issues.

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Relaxed impact regime sought to scale up 'Green Hydrogen'

The discussions come amid a growing governmental focus on 'Green Hydrogen' as a key approach towards decarbonisation amid increased industrial growth and overall infrastructure development in the country.

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Time to learn, understand & invest in solar energy is now

As the world grapples with the challenges of climate change and rising energy costs, solar power, even more so, emerges as a viable solution that offers a range of advantages in the present and in the years to come.

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Kinetic Green plans to raise $100 million by selling 10-15% stake

"We are now ready for a giant leap. We see that adoption of electric vehicles is now seeing considerable jump due to higher customer awareness and inclination to consider EVs as their next purchase," Motwani told ET.

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SEBI should retrospectively tighten FPI disclosure norms it was 'forced to dilute' to benefit Adani, claims Cong; seeks JPC probe

Congress general secretary communications Jairam Ramesh also alleged that the market regulator was now looking to tighten the very rule it was "forced to dilute" in December 2018 and its removal in August 2019 to benefit the Adani Group.

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Adani to raise $3.5 bn from share sale in three group cos

The entire fundraising of USD 3.5 billion, which would go to fund the capital expenditure needs of the group, is likely to be completed within the second quarter (July-September) of the current fiscal.

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Adani group will thrive with or without Modi, bets GQG’s Jain

GQG holds positions in companies, including cigarette and hotel group ITC , the country’s biggest drugmaker Sun Pharmaceutical Industries, along with lenders ranging from the State Bank of India, ICICI Bank Ltd. and Housing Development Finance Corp.

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TVS, Ather, Ola hike prices of electric two-wheelers as new subsidy norms kick in

In a statement, TVS Motor Company stated that in order to propel the electrification journey further in a sustainable manner after FAME II scheme revision, it has increased iQube's price between Rs 17,000 and Rs 22,000 depending on the variant.

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Renewable energy surges, driven by solar boom and high fuel prices, report finds

The International Energy Agency said high fossil fuel prices - resulting from Russia's attack on Ukraine - and concerns about energy security had boosted the rollout of solar and wind power installations, which are expected to reach 440 gigawatts in 2023.

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Lack of clear-cut policies slow down solar rooftop projects, say experts

Explaining the concept of net metering while moderating the online discussion, Maitreyi Karthik, deputy programme manager of renewable energy at CSE, said it applies to consumers who have a grid connection with enough rooftop space and load available at a particular location.

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PTC India signs two long-term agreements for 215 MW power purchase: CMD

PTC India will market the power to utilities and commercial and industrial entities

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Need for financial stability in the energy sector

Though the Indian energy sector is much more diversified as compared to the rest of the world, energy production in the country is still dominated by conventional sources of energy like coal and water-based thermal power plants, and the primary energy consumption of India is the third largest in the world.

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India could add 5 GW Pumped Hydro Energy Storage capacity over 5 years

"Of the 5 GW of PHES capacity likely to be commissioned over the next five fiscals, 2.8 GW is under construction and the rest may come up at potential sites, cumulating to 29.9 GW marked by the Ministry of New and Renewable Energy," CRISIL Ratings said in a note.

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Global renewable capacity additions set to reach more than 440 GW in 2023: IEA

With the global energy crisis as a catalyst, solar PV and wind are set to lead the largest annual increase in new renewable capacity ever, it said

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