India's aluminium industry needs $29 billion to achieve net-zero emissions: CEEW Report

The aluminium industry, which serves as a crucial component of India's power sector and economy, emitted 77 million tonnes of CO2 in 2019-20, with 80% of these emissions coming from electricity consumption. The study, funded by 'bp', shows that a net-zero aluminium industry would be 61% more expensive and incur an additional Rs 26,049 crore in annual operating expenditure (OPEX).

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India's aluminium industry needs $29 billion to achieve net-zero emissions: CEEW Report

The aluminium industry, which serves as a crucial component of India's power sector and economy, emitted 77 million tonnes of CO2 in 2019-20, with 80% of these emissions coming from electricity consumption. The study, funded by 'bp', shows that a net-zero aluminium industry would be 61% more expensive and incur an additional Rs 26,049 crore in annual operating expenditure (OPEX).

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India gears up for critical minerals expansion with auctions and industry partnerships

Mines Joint Secretary Veena Kumari Dermal said that the auction of offshore minerals will be part of the Narendra Modi government's 100-day plan if voted to power once again.

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ICRA subsidiary receives SEBI nod to provide ESG ratings

This registration positions ICRA Group as a pioneer in integrated risk monitoring solutions, including ESG assessments in India.

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Indian Navy assists Panama-flagged crude oil tanker after it comes under missile attack

The US Central Command said Iranian-backed Houthi militants launched three anti-ship ballistic missiles from Yemen into the Red Sea in the vicinity of merchant vessel Maisha and MV Andromeda Star.

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SAEL to invest ₹35,000 crore in renewable expansion, eyes 10 GW capacity

Currently, SAEL boasts a renewable capacity of 6,500 megawatts, with a detailed portfolio that includes ground-mounted solar projects, agricultural waste energy conversion, solar module manufacturing, and construction through its Engineering, Procurement, and Construction (EPC) business.

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At least USD 12 trillion needed for tripling renewable energy capacity by 2030: COP28 president

"On infrastructure, we need to invest at least USD 6 trillion over the next six years to meet our 2030 target of 11TW of renewable energy capacity. And we need to spend a similar amount to upgrade outdated or non-existent grids," the COP28 president said.

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Experts call for collaboration among countries for socially inclusive Solar Irrigation systems

Solar irrigation is being used extensively across South Asia using power generated through solar panels at both on-grid and off-grid locations to lift groundwater for irrigation purposes.

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REC avails SACE-covered green loan for over JPY60.5 billion

The green loan facility sets a benchmark in the Indian public sector landscape, for similar green financing transactions, highlighting a growing commitment to sustainable financing.

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Ohmium partners with Tata Projects to advance green hydrogen initiatives in India

Ohmium will provide PEM electrolyzers while Tata Projects will manage the entire EPC process, including engineering, design, integration, and optimization. This collaborative approach works to ensure seamless project execution and deliver a comprehensive and cost-effective solution for green hydrogen production in India, the company said.

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Grew Energy bags order to supply 200 MW solar equipment

The delivery of solar modules and its spare parts have to be completed spanning over a nine-month duration.

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India lets oil firms procure extra ethanol from sugar mills, source says

Concerns over sugar production due to below normal monsoon rains between June and September had led the world's second-largest to cap the amount that could be diverted for ethanol in the current season to end-September at 1.7 million metric tons.

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India showcases energy innovations at 26th World Energy Congress in Rotterdam

The event, scheduled to continue through April 25, features the India Pavilion—a central hub for demonstrating the country’s commitment to environmental conservation and its leadership in the global energy transition.

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Karnataka, Gujarat continue to exhibit strong progress towards clean electricity transition: Report

Progress in Jharkhand, Bihar, West Bengal, and Uttar Pradesh needs to improve, it added

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A Straw in the Wind - Will Achieving Grid Parity Propel India’s Offshore Wind?

Pursuing India’s offshore wind ambitions is not only about reaching grid parity but also about navigating the complexities of implementation, mitigating risks, and ensuring inclusive development.

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CSIR-IICT, BHEL partner to develop CO2 conversion technology with focus on achieving net-zero goals

IICT and BHEL collaborate to convert CO2 to DME for blending with LPG, supporting India's net-zero emissions goal. The initiative focuses on Carbon Capture, Utilisation, and Coal Gasification Mission to achieve clean coal technologies.

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Earth Day: Uniting forces to combat the global plastic crisis

Tackling the world’s addiction to plastic may seem like a daunting task, however, through collaboration between government, corporate, and citizens, we can transform efforts into tangible outcomes.

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Amplus Solar plans to launch distributed green hydrogen projects by next year

At present, the company has a portfolio of over 1.9 GW of operational and under construction distributed solar assets in India

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Hardeep Puri holds talks with OPEC Secy-General; discusses volatility in global oil markets

As one of the world's fastest-growing economies, India is committed to supporting efforts to achieve balance in global energy markets, said Hardeep Puri during the conversation, the Ministry of Petroleum and natural Gas said in a press release.

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Earth Day: Why India needs a comprehensive plastic waste policy and an innovative outlook

The call to action for all stakeholders is to create a sustainable and circular economy through unified actions and policies on plastic use and plastic waste management.

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Amplus plans to launch distributed green hydrogen projects by next year

At present, the company has a portfolio of over 1.9 GW of operational and under construction distributed solar assets in India

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"Investment and policy reform key to renewable energy goals"

The council's Global Wind Report 2024, released this week, delineates a roadmap of 12 strategic actions necessary to reach the global goal of tripling renewable energy capacity by the decade's end. The path laid out by the council underscores the significant role of wind energy in the broader transition to sustainable power sources.

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ReNew Energy, JERA sign agreement to explore green ammonia project, eyeing 100,000 tonne annual output by 2030

This initiative will utilize about 500 MW of high-capacity utilization factor (CUF) renewable energy for producing green hydrogen, a crucial feedstock for green ammonia.

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New Zealand to double renewable energy capacity to reduce emissions

The New Zealand government is committed to doubling renewable energy capacity as new data show that clean energy has helped the country reach its lowest annual gross emissions since 1999.

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US plans to restore tariffs on dominant solar technology, sources say

The Qcells request, which has not previously been reported, comes as the company is seeking to protect a pledged $2.5 billion expansion of its U.S. solar manufacturing presence against competition from cheaper Asian-made products.

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Avaada Energy bags 250 MW solar-wind hybrid project from NTPC tender

Avaada Energy secured this significant capacity with a competitive tariff of ₹3.47 per kWh. The project will be connected to the Inter State Transmission System (ISTS), enabling efficient energy distribution throughout the country.

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Juniper Green Energy commissions 25.2 MW wind energy capacity of 70 MW project

This project will deliver power under a 25-year Power Purchase Agreement (PPA) with GUVNL at a tariff of Rs 2.90, aligning with efforts to provide cost-effective and environmentally responsible energy solutions, as per the statement.

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India's oil & gas sector sees 22% hiring increase despite wider job slump

The index, which measures white-collar hiring, dropped to 2657 in March 2024, down 4% from February and 11% from March last year, reflecting cautious market sentiments especially prevalent in the IT & Software sectors. However, the Oil & Gas sector bucked this trend with significant hiring increases.

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Rooftop solar to power BJP’s grassroots outreach

BJP emphasizes rooftop solar for PM Modi's third term, targeting India's 2047 energy independence. Focus on electric mobility, renewable energy, energy efficiency, China challenge, clean energy center, manufacturing hub, and green hydrogen.

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Rooftop solar to power BJP’s grassroots outreach

BJP emphasizes rooftop solar for PM Modi's third term, targeting India's 2047 energy independence. Focus on electric mobility, renewable energy, energy efficiency, China challenge, clean energy center, manufacturing hub, and green hydrogen.

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Discoms prefer new-age RE tenders over plain vanilla solar, wind: Experts

The trade-off is the degree of tender complexity and higher cost of procurement and as storage technology scales up and costs come down, an even faster evolution in tender designs is expected, said experts

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RCRSIL to commence production of BESS with gigawatt capacity in Uttar Pradesh

Currently, RCRSIL manufactures and markets Lithium-Ion batteries under the EXEGI brand, as well as energy storage systems and solar panels from its facilities in the Delhi-NCR region. The company holds the position of being India's largest supplier of battery packs for solar lighting.

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Energy efficiency is a low-cost option to meet the growing energy demands: DG, Bureau of Energy Efficiency

"Energy efficiency is a low-cost option for meeting the growing energy demands," Bakre stated. He also highlighted the role of FICCI in advancing the national energy efficiency agenda and stressed the necessity for international knowledge exchanges and the sharing of success stories from other countries to enhance India's efforts.

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ReNew hits 10 GW capacity milestone, adds 1.94 GW in FY24

During FY24, ReNew added 1,174 megawatts (MW) of solar and 768 MW of wind energy, marking one of the largest single-year capacity additions in India's wind energy sector. The company now contributes approximately 10 percent to India's total solar and wind energy generation, with its wind portfolio alone accounting for 10.5 percent of the nation’s total wind energy capacity.

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India doubles new coal fired power capacity in 2023

The survey also highlights a surge in coal power proposals in India, with 11.4 GW of new proposals introduced by both public and private sector entities, the highest since 2016. This includes the revival of several long-stalled projects, indicating a significant shift towards expanding coal power infrastructure.

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EU probes Chinese wind turbine suppliers over subsidies

"Today, we are launching a new inquiry into Chinese suppliers of wind turbines," EU competition chief Margrethe Vestager said in a speech at Princeton University in the US state of New Jersey.

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AI could add 1 million tons to copper demand by 2030, says Trafigura

The energy transition, which includes electric vehicles and renewable energy technologies, is expected to fuel a surge in copper consumption over the coming years as the world moves towards eliminating carbon emissions.

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EU and India forge partnership to encourage start-up collaboration in EV Battery recycling

The partnership was formalized through the launch of an Expression of Interest (EoI) for startups engaged in battery recycling technologies for electric vehicles. This initiative is designed to enhance cooperation between small and medium-sized enterprises (SMEs) and startups from both regions, fostering an exchange of knowledge and expertise that is crucial for advancing circular economy practices and achieving carbon neutrality goals.

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Deadline extended for green hydrogen R&D proposals submission

The extension comes in response to requests from various stakeholders for more time to develop their proposals, ensuring that high-quality, innovative projects can be thoroughly prepared and submitted. This initiative is part of the government's broader strategy to promote the use of green hydrogen, a clean energy source that plays a crucial role in India's commitment to achieving energy self-reliance and reducing carbon emissions.

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Vikram Solar appoints industry veteran Narayan Lodha as new CFO

This appointment is part of the company's broader vision to innovate and lead in sustainable energy solutions across both existing and emerging markets.

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Vikram Solar appoints industry veteran Narayan Lodha as new CFO

This appointment is part of the company's broader vision to innovate and lead in sustainable energy solutions across both existing and emerging markets.

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Adani to invest Rs 2.3 lakh crore in renewable energy, manufacturing capacity

Adani New Industries Ltd (ANIL), a unit in the group's flagship Adani Enterprises Ltd, will invest close to Rs 30,000 crore in expanding solar cell and wind turbine manufacturing capacity at Mundra in Gujarat.

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Deep Dive: Natural hydrogen and India’s potential

At the end of last year, globally 40 companies were searching for natural hydrogen deposits, up from just 10 in 2020

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India’s hydropower capacity to increase from current 42GW to 67GW by 2031-32

The Indian Meteorological Department (IMD) has predicted higher rainfall in the current financial year. Further, hydropower projects located in the Himalayan region get base flow from the melting snow and any rise in temperature will increase the flow from this source.

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EET Retail appoints Narayan Bhatra as CEO to drive expansion plans

"EET Retail has plans to develop a significant portfolio of Essar-branded fuel retail outlets within three years as part of its vision to become the UK's 'retailer of choice to consumers'," it said.

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Luminous Power Technologies inaugurates solar panel manufacturing factory in Uttarakhand

According to the statement, the inauguration event was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish Pant, Chairman of Luminous Board & Executive VP - International Operations, Schneider Electric.

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Schwing Stetter India sets up 1 MW solar power unit in TN

Schwing Stetter has its manufacturing hub in Cheyyar around 120 km west of Chennai in Tiruvannamalai district and the initiative by the company to tap alternate energy contributes to the Ministry of New and Renewable Energy plan of doubling the annual solar capacity by 2026-end, a company statement said here.

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Tesla to scout sites in India for $2 bn-$3 bn EV plant

The company's reported push into India comes at a time when EV demand is slowing in its main markets of the U.S. and China while competition there is heating up. That caused Tesla to report a drop in its first-quarter deliveries and miss estimates.

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India to build first commercial crude oil strategic storage

ISPRL had in the first phase built a strategic petroleum reserve in underground unlined rock caverns for storage of 5.33 million tonnes of crude oil at three locations Visakhapatnam (1.33 million tonnes) in Andhra Pradesh and Mangalore (1.5 million tonnes) and Padur (2.5 million tonnes) in Karnataka.

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Gensol Engineering revenue grows 141 per cent to Rs 960 crore in 2023-24

The company said in a statement the "exceptional" performance demonstrates its ability to capitalise on emerging opportunities, but did not share the figure for profit registered in the fiscal year.

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Adani Green becomes India's first company to cross 10,000 MW mark for operational capacity

"We are proud to be India’s first das hazari in the renewables space,” said Gautam Adani, Chairman of the Adani Group.

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Govt directs power plants to plan early to ensure power supply in summers

The Indian Meteorological Department on Tuesday forecast that India is set to experience extreme heat during the April-June period, with the central and western peninsular parts expected to face the worst impact.

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JSW Energy board okays raising Rs 5,000 cr via QIPs

The board has authorised the Finance Committee of the board to take all the necessary decisions in this regard, the company said in a BSE filing.

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India's coal and lignite production hits all-time high of over 1 billion tonnes in FY24: Coal Minister Pralhad Joshi

"Proud to share that under the leadership of PM Narendra Modi, we have registered a stellar achievement by crossing 1 billion tonne (BT) coal and lignite production," Joshi said.

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India's top refiner set to tap spot oil as Russian term deal lapses: sources

IOC and Rosneft renewed the annual oil deal for a second time a year ago. It was originally signed during Russian President Vladimir Putin's visit to India in December 2021, months ahead of Moscow's military action in Ukraine.

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Tata Power Renewable Energy commissions 200 MW solar project in Bikaner

The project is expected to generate around 485 million units of green energy annually offsetting over 3,88,000 tonnes of carbon footprints, Tata Power Renewable Energy Ltd (TPREL) said in a statement.

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NTPC logs highest-ever power generation of 422 bn units in FY24

The coal stations operated by NTPC recorded a plant load factor (PLF) of 77%, indicating efficient capacity utilization

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