Every 45 days, 100,000 homes switch to solar power in India: SolarSquare’s Shreya Mishra

Households are embracing solar energy solutions due to increasing awareness, rising electricity costs, and higher electricity consumption in households driven by lifestyle improvements and heat waves, says Shreya Mishra, CEO and co-founder, SolarSquare.

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India will have bi-lateral trade agreement with US in next few months: Morgan Stanley

India's potential trade deal with the US may take time, but it is more likely in next few months and it could help India gain share in the US market.

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Sebi bars Gensol promoters from securities market

Last year in June, Sebi received a complaint relating to manipulation of share price and diversion of funds from Gensol Engineering, following which it started to examine the matter.

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Sebi bars Gensol promoters from securities market

Last year in June, Sebi received a complaint relating to manipulation of share price and diversion of funds from Gensol Engineering, following which it started to examine the matter.

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Serentica Renewables, NTPC sign pact to supply 200 MW clean energy to UP

Serentica Renewables has signed a power purchase agreement with NTPC to supply 200 MW of on-demand renewable energy to Uttar Pradesh's distribution companies.

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Serentica Renewables, NTPC sign pact to supply 200 MW clean energy to UP

Serentica Renewables has signed a power purchase agreement with NTPC to supply 200 MW of on-demand renewable energy to Uttar Pradesh's distribution companies.

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Amid tariff brawl, oil prices may not fall to 2015-16 level: BPCL

BPCL's finance chief, Vetsa Ramakrishna Gupta, anticipates oil prices to remain stable in the near term, fluctuating between $60-70 per barrel as US tariff uncertainties resolve.

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Delhi's new anti-pollution moves: Will they be enough?

Every winter, Delhi makes headlines for all the wrong reasons. Thick smog covers the city, pollution levels skyrocket, and air quality drops to hazardous levels. It's a crisis that returns year after year, and while the government takes action during these peak months, the bigger question remains: are we doing enough, and more importantly, are we doing it all year round?

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We plan to set up 34 GW capacity by FY28, hit Rs 3,000 cr solar revenue this year itself: Shekhar Singal, MD, Eastman Auto and Power

The company closed the year on 31 March at Rs 4,350 crore of topline and expects expects Rs 6,000 crore to Rs 7,000 crore of topline by FY26

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BP bets on NEC-25 for gas surge, credits PM Modi's reforms

BP Plc is targeting increased natural gas production in India, spurred by recent government reforms. The company, in partnership with Reliance Industries Ltd, aims to extract nearly 10 million cubic meters per day from the NEC-25 block.

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NPCIL explores JV model with Central PSUs, states for jointly developing nuclear power plants

NPCIL is garnering interest from other central PSUs like Indian Oil Corporation and Indian Railways for joint nuclear power plant development. States are also keen on holding minor stakes to support these projects.

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We plan to set up 34 GW capacity by FY28, hit Rs 3,000 cr solar revenue this year itself: Shekhar Singal, MD, Eastman Auto and Power

The company closed the year on 31 March at Rs 4,350 crore of topline and expects expects Rs 6,000 crore to Rs 7,000 crore of topline by FY26

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Centre approves record 6 hydro pumped storage projects worth 7.5 GW in FY25

The participation of private sector in this segment is quite encouraging and with the help of self-identified PSP, the PSP potential in the country has crossed 200 GW and it is further increasing almost every month.

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NFR commissions solar power plant in Guwahati

Designed to power critical operations at the Uzan Bazar Water Treatment Plant, the system includes a comprehensive electrical network that extends to barges and jetties.

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Waste-to-energy firm SAEL plans to go public in next 12 months

Awla highlighted that SAEL is the world's only 100 per cent paddy-based biomass waste-to-energy operator and the largest single industrial offtaker of paddy straw globally.

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Sitharaman pitches India as Asia's gateway to Austrian investors for green H2, EVs & innovation

The minister said both India and Austria have identified priority areas-such as green and digital technologies, infrastructure, renewable energy, water management, life sciences, electric mobility and transportation start-ups-to enhance their economic relationship.

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NSEFI, SolarPower Europe ink pact to deepen EU-India ties in solar manufacturing

The National Solar Energy Federation of India (NSEFI) and SolarPower Europe have partnered to boost solar manufacturing and fortify EU-India ties. The collaboration aims to identify business and financing opportunities for solar projects, creating a resilient and diversified supply chain.

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GAIL floats tender for 26% stake in LNG project in US

GAIL India Ltd. has issued a tender to acquire up to a 26% stake in a US liquefied natural gas project, coupled with a 15-year gas import agreement. This move supports India's efforts to reduce its trade surplus with the US.

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Centre reviews solar, wheat procurement schemes in Uttar Pradesh; state targets 22 GW solar capacity

During a meeting with CM Yogi Adityanath, the state reiterated its goal to reach 22 GW of solar energy capacity.

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Global electricity demand from AI data centres set to cross 945 TWh by 2030: IEA

​Electricity demand from global data centres is projected to more than double to around 945 terawatt-hours (TWh) by 2030, with artificial intelligence (AI) emerging as the primary contributor, according to a report released by the International Energy Agency (IEA).

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PM Modi to visit Uttar Pradesh, Madhya Pradesh on April 11

Prime Minister Narendra Modi will visit Uttar Pradesh and Madhya Pradesh on April 11. He will travel to Varanasi and at around 11 AM, he will lay the foundation stone and inaugurate various development projects worth over Rs 3,880 crore.

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Lego opens a toy factory in Vietnam it plans to run entirely on clean energy

​The factory in the industrial area of Binh Duong, close to Ho Chi Minh City, is the first in Vietnam that aims to run entirely on clean energy. Lego says it will do that by early 2026.

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Reliance BP & Nayara Energy fuel sales outgrow PSU peers'

According to industry data, private players grew both their combined domestic diesel and petrol retail sales by 19.7% year-on-year in FY25.

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Unlocking the Potential of Distributed Energy Resources in Advancing India’s Green Energy Transition

​India is rapidly expanding its renewable energy (RE) capacity to meet the 500 GW target by 2030 and net-zero target by 2070, showing a remarkable growth of 135 per cent from FY2014–15 to FY2023–24.

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BPCL, Sembcorp form JV to boost green hydrogen transition and renewable energy in India

Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Ltd (BPCL) have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India.

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BPCL, Sembcorp form JV to boost green hydrogen transition and renewable energy in India

Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Ltd (BPCL) have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India.

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Eastman Auto and Power to invest up to ₹1,000 cr in capex over next three FYs: Shekhar Singal, CEO

Eastman Auto and Power, a Delhi-based power solutions provider, plans to invest up to ₹1,000 crore in capex over the span of next three financial years to boost its overall capacity addition, Shekhar Singal, Managing Director told ET Energy World in an exclusive interaction.

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NTPC aims to build small nuclear reactors to replace old coal plants

The company has initiated a tender for feasibility studies on SMRs, which offer a scalable and simpler alternative to large nuclear plants.

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Inox Solar gets land from Odisha govt for solar module manufacturing plant

Inox Solar, a subsidiary of Inox Clean, today announced the land allocation for a solar cell and solar module manufacturing plant in Dhenkanal, by the Odisha government, it said.

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India overtakes Germany to become world's third largest generator of electricity from wind and solar: Report

Solar and wind energy generated 15 per cent of global electricity, with India just behind at 10 per cent, according to a report by global energy think-tank Ember.

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India overtakes Germany to become world's third largest generator of electricity from wind and solar: Report

Solar and wind energy generated 15 per cent of global electricity, with India just behind at 10 per cent, according to a report by global energy think-tank Ember.

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ACME eyes ₹10,000 cr revenue from solar gear by 2030

ACME Group aims to achieve ₹10,000 crore in revenue by 2030 from its solar module and cell equipment manufacturing business. The company recently opened a 1.2 GW solar module unit in Rajasthan and plans further expansions.

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Gave up bulletproof car to ride in hydrogen-fuelled vehicle: Gadkari

Speaking at a public event, Gadkari said, "I have a hydrogen-powered Toyota car, the first of its kind in the world. I gave up my bulletproof car for this."

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Jindal Power, Czech company Sev.en in race to acquire Apraava's thermal project

Naveen Jindal's Jindal Power and Sev.en Global Investments are vying to acquire the 1,320-MW Jhajjar thermal power project from Apraava Energy as coal power demand increases. The asset is valued at approximately ₹4,000 crore, and both companies are undergoing due diligence.

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PM Modi gives booster shot to Sri Lanka's clean energy drive

Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake on Saturday participated in the groundbreaking ceremony of the 120 MW Sampur Solar power project, being developed as a joint venture between the two nations.

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Fossil fuels generate less than half of US electricity for first month ever, says energy think tank

Fossil fuels accounted for less than 50% of the U.S. power mix for the first month on record in March, according to energy think tank Ember on Friday, driven by a near-quarter rise in wind and solar power generation.

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L&T incorporates arm to develop green hydrogen projects

Larsen & Toubro’s subsidiary, L&T Energy Green Tech Ltd, has established L&T Green Energy Kandla Pvt Ltd aimed at developing green hydrogen projects, including derivatives like green ammonia. This initiative follows the construction giant's successful commissioning of its first green hydrogen plant in Gujarat.

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Biggest challenge for net-zero norms is energy storage systems: Report

The transition to a net-zero emission world requires a complete transformation of energy systems to move away from fossil fuels toward renewable energy sources like solar, wind, and hydro.

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Oil slides on new US ‘Liberation Day’ tariffs, OPEC+ meeting

​The move by OPEC+ to boost supply in May is opportunistic and capitalizes on the expected stagnation in non-OPEC production, according to Rystad Energy’s Global Head of Commodity Markets - Oil, Mukesh Sahdev.

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Developing countries' climate targets at risk without enough finance from developed world: India

At the BRICS Environment Ministers' meeting in Brasilia, Brazil, India strongly advocated for climate justice and equity and said that the success of this year's UN climate conference depends on whether developed nations fulfil their climate finance commitments.

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Gasoline demand to peak by 2035, diesel by 2041, Reliance executive says

India is set to lead global oil demand growth this year, surpassing China, with fuel consumption expected to increase throughout the next decade.

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Carbon transition-linked social bonds emerge as key theme in global sustainable finance: Moody’s

Carbon transition is emerging as a key theme in global social finance, with issuers increasingly integrating workforce reskilling and other transitional elements into their sustainable bond frameworks, according to Moody’s Ratings.

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CEA assessing scope for replacing imported coal with domestic supply at ICB plants: Coal Secy

The government is exploring blending domestic coal with imported fuel at 17 imported coal-based (ICB) power plants across India with a cumulative capacity of nearly 18 GW, to reduce dependence on imports, Union Coal Secretary Vikram Dev Dutt said on Thursday.

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FY25: Petrol consumption up 7.3%, diesel by 2%, LPG use grows 5.3%

Petrol consumption in India rose 5.34 per cent year-on-year to 3,501 thousand metric tonnes (TMT) in March 2025 from 3,324 TMT in March 2024, according to data released by the Petroleum Planning and Analysis Cell (PPAC).

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India adds 25 GW renewable energy in FY25, total non-fossil capacity reaches 222.86 GW

The total installed power generation capacity in the country stood at 483.26 GW as of March 31, 2025.

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EU carbon norms may cost Indian steelmakers $116 per tonne by 2034

The rising costs pose a challenge to India’s position in the global steel export market, with Europe accounting for 25% of Indian steel exports.

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MoPNG sets April gas price at $7.26/mmBtu; deepwater cap till Sept $10.04

The ministry of petroleum and natural gas has notified the price of domestic natural gas for the period from April 1 to April 30, 2025, as $7.26 per million British thermal units (mmBtu) on a Gross Calorific Value (GCV) basis.

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IGL board clears ₹2,066 crore solar project in Rajasthan through JV with RVUNL

The project will be implemented through a joint venture with state-run Rajasthan Vidyut Utpadan Nigam Limited (RVUNL).

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Iron ore output hits 263 MMT in April–Feb FY25, registers 4.4% growth

Iron ore continues to dominate the mining sector, accounting for 70% of the total Mineral Conservation and Development Rules (MCDR) mineral production by value. In the entire FY 2023–24, iron ore production was recorded at 274 MMT.

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Global nickel dominance by Indonesia, China raises supply, pricing concerns for India’s green push

Global concentration of nickel production and refining in Indonesia and China is raising concerns over supply security and pricing for India’s clean energy transition, as the country works towards meeting its net-zero commitments.

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GoM flags rising DISCOM debt, calls for cost-reflective tariffs and AI-led reforms

The third meeting of the Group of Ministers (GoM) on electricity distribution, chaired by Union Minister of State for Power and New & Renewable Energy Shripad Yesso Naik, flagged growing financial stress in state-run distribution companies (DISCOMs) and called for urgent adoption of cost-reflective tariffs, AI-based reforms and financial restructuring to improve viability.

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India's solar PV module manufacturing capacity to reach 125 GW by 2030, says Pralhad Joshi

Solar cell manufacturing capacity will also increase from 25 GW to 40 GW soon. India aims to achieve 500 GW of renewable energy capacity by 2030.

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India's solar PV module manufacturing capacity to reach 125 GW by 2030, says Pralhad Joshi

Solar cell manufacturing capacity will also increase from 25 GW to 40 GW soon. India aims to achieve 500 GW of renewable energy capacity by 2030.

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Hydropower generation rises 10% amid demand surge; thermal steps in to balance grid

Hydropower generation reached 1,39,780 million units (MUs) during the period, up from 1,27,038 MUs in the corresponding months last year.

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Trump administration cancels clean energy grants as it prioritises fossil fuels

President Donald Trump's administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritises fossil fuels.

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IREDA reappoints Shabdsharan Brahmbhatt and Jaganath Jodidhar as Independent Directors for one year

According to the ministry of new & renewable energy, the appointments were conveyed on behalf of the President of India and will be effective from March 28, 2025, or until further orders, whichever is earlier.

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IREDA reappoints Shabdsharan Brahmbhatt and Jaganath Jodidhar as Independent Directors for one year

According to the ministry of new & renewable energy, the appointments were conveyed on behalf of the President of India and will be effective from March 28, 2025, or until further orders, whichever is earlier.

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bp announces exit from Austria retail fuel market, sale to complete by end-2025

bp on Thursday announced plans to sell its mobility and convenience business in Austria, including more than 260 retail sites, its Austrian fleet operations, electric vehicle charging assets, and its stake in the Linz fuel terminal joint venture.

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Vedanta Aluminium commissions 13.4-km railway line at Lanjigarh, to support 5 MTPA refinery operations

The railway line has been commissioned in alignment with the upcoming 5 million tonnes per annum (MTPA) alumina refinery at the Lanjigarh site. Vedanta Aluminium stated that the new railway line is intended to ensure seamless inbound and outbound movement of raw materials and commodities while reducing carbon dioxide emissions by 262 tonnes annually.

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IRM Energy signs 5-year RLNG supply deal with Shell for 1.23 crore MMBtu

IRM Energy on Wednesday said it has signed a five-year agreement with Shell Energy India for the supply of 1.23 crore MMBtu of Re-gasified Liquefied Natural Gas (RLNG), equivalent to approximately 326.84 million standard cubic metres (mmscm) at 9500 K/cal Gross Calorific Value (GCV).

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India’s used oil recycling sector faces structural gaps; report recommends phased targets, regulatory reforms

The report, titled ‘Advancing India’s Self-Reliance: Enhancing Circularity in Used Oil Management’, was launched during the ‘Global Symposium on Resource Efficiency & Circular Economy’ organised by RECEIC in association with FICCI and the Ministry of Environment, Forest and Climate Change (MoEF&CC).

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Delhi records AQI of 206; GRAP Stage-I measures enforced across NCR

Following this, the Sub-Committee under the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) convened a meeting to review the situation and implement response measures.

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Solar panels very helpful in irrigating fields: Rajkot farmer shares 'life-changing' story

Ashok Makwana, a farmer of Khambhala village in Paddhari taluka of the city, faced immense hardships in irrigating his fields due to erratic power supply, but a very welcome change has happened in his life, thanks to solar panels.

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India’s solar glass anti-dumping duty to raise module prices by 3-5%

Policy measure to bring relief to domestic players who have suffered from cash flow challenges and reduced returns on capital due to dumped imports, say experts

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Borosil Renewables set to invest Rs 900 cr to boost solar glass mfg capacity to 10 GW by 2026

“We are now increasing our capacity in India by another 3.5 GW. We will reach about 10 GW of solar glass production in India by July CY26. The project is running and in the next 15 months we will be in production of the extra capacity of 3.5 GW,” Kheruka said in an exclusive interaction.

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Masdar eyes stake in TotalEnergies' Portuguese renewable assets

This move aligns with Masdar's goal to achieve 100 gigawatts of renewable energy by 2030, expanding its European presence further through strategic acquisitions and partnerships.

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Chennai mayor hints at rethink on Rs 3,500 crore waste-to-energy plant

Following councillor opposition and public petitions, the corporation will hold a review meeting before deciding the project's fate.

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India's solar sector grows stronger with 60 GW domestic manufacturing: Rubix Data Sciences

India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.

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India's solar sector grows stronger with 60 GW domestic manufacturing: Rubix Data Sciences

India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.

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Parminder Chopra takes additional charge as CMD of REC Ltd

The government has assigned additional charge of Chairman and Managing Director (CMD) of REC Ltd. to Smt. Parminder Chopra, who currently holds the position of CMD at Power Finance Corporation Ltd. (PFC), according to an official order issued by the ministry of power.

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Regulatory, financial hurdles impact India’s clean energy transition: Report

The study, titled ‘The Intersection of Power Sector Regulation & Sustainability Goals in India’, outlines the critical reforms needed to ensure a stable investment climate and policy certainty for renewable energy expansion.

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Chartered Speed to operate over 900 electric buses under Pradhan Mantri e-Bus Sewa scheme

The initiative aims to serve over 2.9 lakh passengers daily and create employment opportunities for more than 2,000 people.

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ISTS green open access growth at risk as transmission waiver deadline nears

The waivers, which currently allow C&I consumers to procure renewable energy from states with surplus generation at lower costs, will begin reducing from July 2025 and will be fully removed by June 2028, according to an analysis by JMK Research.

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ISTS green open access growth at risk as transmission waiver deadline nears

The waivers, which currently allow C&I consumers to procure renewable energy from states with surplus generation at lower costs, will begin reducing from July 2025 and will be fully removed by June 2028, according to an analysis by JMK Research.

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BCCL monetizes Dugda coal washery in Jharkhand

The initiative, undertaken under the guidance of the Ministry of Coal, marks the first-ever monetization of a coal washery in India.

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India’s petroleum product imports drop 17.5% in February, crude oil imports up 4.7%: PPAC

The increase in POL imports during the April-February 2024-25 period was 5.6%, driven primarily by higher imports of petcoke and liquefied petroleum gas (LPG).

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India’s electricity demand to touch 273 GW in 2025 – Can the grid handle the surge?

The study, prepared under the Electricity (Amendment) Rules, 2023, assesses the adequacy of generation resources to meet energy requirements throughout the year and highlights key challenges in ensuring grid stability.

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Brent crude oil prices projected to average $73 per barrel in 2025: Wood Mackenzie

The projection has been revised downward by $0.40 per barrel from the early February report, primarily influenced by OPEC+ production plans and U.S. tariff policies.

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As mercury soars, Delhi’s power demand set to hit new highs

With rising temperatures expected to push energy consumption to record levels, the power utility has arranged up to 2,850 MW to ensure uninterrupted supply.

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Maharashtra govt collaborates with IIT Bombay for solar cell efficiency with Perovskite tech

A 30% efficient perovskite-silicon tandem solar cell, developed by IIT Bombay, could revolutionise solar energy, with plans for a 300-MW pilot plant in Maharashtra.

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Adani investors should push for bond buybacks: Analysts

The new facility is reportedly borrowed at a weighted life of 19 years, and now carries a funding cost of 9.2%. The loan it refinanced was taken in 2021 to develop wind-solar hybrid projects.

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IIT Kanpur, Mars Antennas Ink MoU to develop smart EV chargers, hybrid inverters

The partnership aims to drive research and industrial collaboration in energy-efficient solutions for India’s growing EV and energy storage sectors.

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MERC gives approval for MSEDCL to procure over 7000 MW solar energy for farm lands

The Maharashtra Electricity Regulatory Commission (MERC) has accorded its approval for MSEDCL to procure over 7000 MW electricity on long term basis at low tariff of Rs 2.82 to Rs 3.10 per unit from solar generators.

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Developing 100 GW of nuclear energy by 2047 will require nearly Rs 15 lakh crore investment

Recent government announcements to amend nuclear energy and liability Acts aim to attract private capital amid huge financing needs for net-zero targets

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Wind-powered mast to cut emissions sets sail to Canada

A pioneering rigid shipping mast has set off on its first journey, harnessing the wind to propel a cargo ship from England to Canada and using less fuel to help reduce emissions. It harnesses the wind that hits its surface to propel the ship.

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Adani Green Energy committed to achieving net water positivity by FY2025-26

Adani Green Energy, India's largest renewable energy firm, on Sunday said it is committed to achieving net water positivity by FY2025-26, reducing its freshwater consumption across all operations.

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DVC's Rs 1,500 crore push to modernise power supply

Damodar Valley Corporation (DVC) unveiled a Rs 1,500 crore project to modernise power supply within its command area, primarily serving industries in West Bengal and Jharkhand.

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All municipal corpns in UP to develop solar cities: Chief Minister Yogi Adityanath

Chief Minister Yogi Adityanath announced all municipal corporations in UP would develop solar cities to minimise carbon emissions and promote conservation of environment.

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Terabase Energy secures $130 million to expand solar technology deployment

​The funding round, the largest in the company's history, brings Terabase Energy's total funding to $200 million. The company did not disclose the valuation at which the amount was raised.

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Renewables company Jakson Green lines up $1 billion for expansion

Jakson Green plans to invest up to $1 billion in its renewable energy portfolio over the next four years. The company aims to build a 5 gigawatt portfolio across solar, wind, batteries, and FDRE spaces, starting from FY27.

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Renewables company Jakson Green lines up $1 billion for expansion

Jakson Green plans to invest up to $1 billion in its renewable energy portfolio over the next four years. The company aims to build a 5 gigawatt portfolio across solar, wind, batteries, and FDRE spaces, starting from FY27.

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Govt launches initiatives to promote R&D in steel sector

The initiatives aim to increase steel production capacity to 300 MT by 2030 in the country.

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Govt launches initiatives to promote R&D in steel sector

The initiatives aim to increase steel production capacity to 300 MT by 2030 in the country.

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NTPC commissions 50MW MP solar project, group capacity reaches 77,461 MW

NTPC has commissioned the final 50 MW unit of the Shajapur solar project in Madhya Pradesh, raising its total installed capacity to 77,461.50 MW. The first 55 MW unit had already been operational since November 29, 2024.

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"Historic Day" Hardeep Singh Puri lauds clearing of Oilfields (Regulation and Development) Amendment Bill 2024 in LS

The Bill is set to amend the Oilfields (Regulation and Development) Act, 1948 which regulates the exploration and extraction of natural gas and petroleum.

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Adani Green shares in focus after 250 MW solar project goes live

AGEL recently posted a sharp 85% rise in consolidated net profit for the December quarter, reaching Rs 474 crore, compared to Rs 256 crore in the same period last year.

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NDMC aims for solar panels on every rooftop by 2026

The New Delhi Municipal Council is working towards 100% solar energy adoption by 2026, providing subsidies and installing solar panels on rooftops. Major initiatives include night sweeping, rainwater harvesting, anti-encroachment drives, and extensive CCTV coverage, aimed at enhancing civic infrastructure and sustainability.

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NBFCs seek FAME, PLI-like scheme to incentivise EV finance

The Finance Industry Development Council has requested a scheme to incentivise electric vehicle financing, pointing out that EV financing is a major bottleneck. The council proposed a dedicated fund for non-bank financial companies to finance EV loans with subsidised interest rates and called for initiatives similar to the FAME and PLI schemes.

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Israel promotes renewable energy at sea to boost energy security

Israel’s Energy Ministry issues a tender for a strategic environmental survey to explore renewable energy technologies like wave, wind, and solar power in its maritime space.

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Sunsure Energy in talks to raise Rs 5,000 cr in debt for renewable expansion plans

Sunsure Energy, backed by Partners Group, seeks ₹5,000 crore in debt funding this year for renewable energy expansion. The company plans to add 2.5 GW of capacity by 2027, with a total investment of ₹9,000-10,000 crore. Sunsure aims to raise about Rs 10,000 crore in debt within the next two years and has already secured ₹1,000 crore.

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Sunsure Energy in talks to raise Rs 5,000 cr in debt for renewable expansion plans

Sunsure Energy, backed by Partners Group, seeks ₹5,000 crore in debt funding this year for renewable energy expansion. The company plans to add 2.5 GW of capacity by 2027, with a total investment of ₹9,000-10,000 crore. Sunsure aims to raise about Rs 10,000 crore in debt within the next two years and has already secured ₹1,000 crore.

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Pending PPAs result of excess RE bids, low discom demand: Stakeholders tell govt

It was informed in the meeting that the PPA pendency was due to availability of a large number of renewable energy (RE) bids as compared to demand from the discoms

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India's per capita CO2 emissions among lowest in world as green energy capacity surges

India, which has emerged as the world's 5th largest economy, also stands out as a country with one of the lowest per capita carbon dioxide (CO2) emissions globally as it balances growth with sustainability and switches to renewables at a rapid pace.

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Solar manufacturers demand duty protection from imported ingot, wafer

The Indian Solar Manufacturers Association calls for a safeguard duty on polysilicon, ingot, and wafer imports to protect local solar manufacturing.

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Pending PPAs result of excess RE bids, low discom demand: Stakeholders tell govt

It was informed in the meeting that the PPA pendency was due to availability of a large number of renewable energy (RE) bids as compared to demand from the discoms

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Solar capacity additions to accelerate with 85-90 GW projected for FY26-27: Report

Solar capacity additions in the country will accelerate in the Financial Year (FY) 2026 and FY27, with 85-90 GW of new solar capacity expected to be added during these two years combined, according to a report by SBI Caps.

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Tripura: Govt strengthening Panchayats for sustainable development, says CM Manik Saha

"The state government has given special importance to strengthening the Panchayat system. The present government is working with the aim of taking every Panchayat in the state forward successfully in the coming days. The government is committed to strengthening the infrastructure of the Panchayati Raj system, as well as advancing good governance and development," said the Chief Minister.

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Oil ministry to pursue $2.81 billion demand from Reliance Industries, partners till end: Hardeep Singh Puri

Petroleum and Natural Gas Minister Hardeep Singh Puri stated that the ministry will persist in demanding USD 2.81 billion from Reliance Industries following the Delhi High Court's decision on the gas migration issue. Reliance Industries plans to challenge the verdict in the Supreme Court.

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JSW Energy completes KSK Mahanadi buyout ahead of May deadline

JSW Energy has successfully completed the acquisition of the 1800 MW KSK Mahanadi thermal power company by paying Rs 16,084 crore to creditors ahead of the deadline. This acquisition is part of a broader strategy, marking JSW's third significant power sector acquisition.

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US exits Just Energy Transition Partnerships, impacting South Africa and Indonesia

The withdrawal halts grant-funded projects and complicates coal phase-out plans, though other international partners remain committed to the initiative.

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Grid firm TenneT open to German state involvement with $216 bn spending plan

Despite stalled talks, TenneT welcomes German state involvement in financing its expansion plans, while exploring private investor stakes or an IPO for its German operations.

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Greenko promoters in talks with global lenders for $850-million loan

Deutsche Bank (DB) and Barclays are syndicating the fundraising at a likely 12-13%, and they could also tap Keppel Credit, Elham Credit Partners, and Broadpeak Capital for participation.

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Bengaluru start-up deploys low-cost thermal energy storage for industrial use

Voltanova’s solution, offering 95% efficiency and 24/7 renewable energy, targets energy-intensive sectors to reduce reliance on fossil fuels and cut emissions.

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Nuclear power road map towards 100 GW goal likely by month end

India is set to finalize a road map under the Nuclear Energy Mission to achieve 100 GW of nuclear power by March end. An inter-ministerial committee will outline steps to support this goal, including the development of small modular reactors (SMRs) and joint ventures. The initiative aims to address rising power demand and achieve 'net zero' by 2070.

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Suzlon bags 204.75MW wind energy order from Jindal Renewables

Renewable energy solutions provider Suzlon on Tuesday said it has bagged a 204.75 MW wind energy order from Jindal Renewables. The new order was bagged from Jindal Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables.

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Oil Ministry seeks $2.8 billion from RIL and partners afresh

Reliance Industries and its partners have been directed by the oil ministry to pay $2.81 billion following a Delhi High Court ruling in a gas dispute. Reliance plans to challenge the judgement, arguing that the demand is unsustainable and expects no liability.

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Odisha CM reviews energy dept, focuses on summer power supply and solar scheme

Mohan Charan Majhi directs officials to upgrade infrastructure, ensure 85% budget utilisation, and promote PM Surya Ghar Yojana for sustainable energy.

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Adani Green refinances $1 billion loan for hybrid project in Rajasthan

India's Power Finance Corporation refinanced a $1.06 billion construction-linked loan for Adani Green, marking its largest deal in renewables. The lender offerd a 19-year fixed rate loan amid Adani's offshore fundraising issues due to a US Department of Justice probe, while reinforcing its green investment commitment.

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Naveen Jindal Group set to acquire Bhadreshwar Vidyut as lenders approve Rs 500 cr bid

The Committee of Creditors (CoC) of Bhadreshwar Vidyut, which is currently going through an insolvency resolution process, has voted in favour of the resolution plan by Jindal Power Limited (JPL), a Naveen Jindal Group company, according to industry sources.

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NLC India shares in focus after securing 200 MW wind power project from SJVN

NLC India secures a contract to develop and operate a 200 MW wind power project awarded by SJVN, aiming to generate 526 million units of clean energy annually. This project supports India's goal of 500 GW non-fossil fuel capacity by 2030, aligning with the National Green Energy Policy.

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Green hydrogen, AI, and storage: The missing links in India’s clean energy puzzle

This shift has enabled renewable energy sources to meet nearly 25% of India's electricity demand. However, coal continues to dominate the energy mix, supplying approximately 55% of the nation's power.

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Green hydrogen, AI, and storage: The missing links in India’s clean energy puzzle

This shift has enabled renewable energy sources to meet nearly 25% of India's electricity demand. However, coal continues to dominate the energy mix, supplying approximately 55% of the nation's power.

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Ohmium in talks for India collab; looks to set up more projects in southern states

The companu currently has both refinery and ammonia plant projects in the works in India

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Standard Chartered unveils Transition Plan to achieve Net Zero by 2050

The Transition Plan primarily focuses on Standard Chartered’s material emissions, also known as the bank’s financed emissions. These are the emissions of high-emitting clients, where the pace and scale of the transformation needed presents a significant opportunity to drive innovation and growth.

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String of acquisitions brings 20 GW target closer to JSW Energy

JSW Energy's acquisition of assets from O2 Power and Hetero Group, along with a thermal power asset, has increased its capacity to meet a 20 GW target by 2028, two years ahead of schedule. The company aims for further expansion in renewable energy and manufacturing units for wind blades and solar modules.

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Standard Chartered unveils Transition Plan to achieve Net Zero by 2050

The Transition Plan primarily focuses on Standard Chartered’s material emissions, also known as the bank’s financed emissions. These are the emissions of high-emitting clients, where the pace and scale of the transformation needed presents a significant opportunity to drive innovation and growth.

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Adani Green Energy reaches 12,000 MW renewable energy capacity

AGEL is the first and only renewable energy firm in India to reach this landmark.

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Adani Green Energy reaches 12,000 MW renewable energy capacity

AGEL is the first and only renewable energy firm in India to reach this landmark.

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India to launch first exploration license auction in March 2025; Assam, J&K, and Kerala to join auction regime

The provision for granting Exploration Licenses for critical and deep-seated minerals through auctions was introduced in the MMDR Act amendment in 2023. The minister also informed that Jammu & Kashmir, Kerala, and Assam will join the mineral auction regime, expanding the total number of participating states to 17.

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Sunsure Energy secures Rs 129 crore long-term debt finance from Tata Capital, Aditya Birla Finance

Sunsure Energy, a renewable energy solution provider, on Thursday said it has secured Rs 128.82 crore long-term debt financing from Tata Capital and Aditya Birla Finance (ABFL), which will be used to construct its commissioned 49 MW open-access solar plant in Augasi, Uttar Pradesh.

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Sunsure Energy secures Rs 129 crore long-term debt finance from Tata Capital, Aditya Birla Finance

Sunsure Energy, a renewable energy solution provider, on Thursday said it has secured Rs 128.82 crore long-term debt financing from Tata Capital and Aditya Birla Finance (ABFL), which will be used to construct its commissioned 49 MW open-access solar plant in Augasi, Uttar Pradesh.

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South Africa's G20 presidency to prioritise climate finance

South Africa's G20 presidency this year will prioritise efforts to help developing countries finance their shift to a low-carbon economy, President Cyril Ramaphosa said, even as the United States radically scales back its support.

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Absolute values of GHG emissions, energy usage decline for top 10 retail-NBFCs

Top retail-NBFCs have reduced GHG emissions and energy use by 19% and 7% over three years, aligning with multiple UN SDGs. Highlights include paper reduction, solar energy adoption, and waste recycling. Key initiatives come from companies like Bajaj Finance, Cholamandalam, and Mahindra Finance, focusing on sustainability and green products.

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AI and digitalization to drive India’s renewable energy integration: Schneider Electric

Schneider Electric is focusing on demand-side management, a critical aspect of India’s energy transition that aims to reduce peak demand, improve grid efficiency, and lower energy waste.

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Energy efficiency a necessity for economic growth and sustainability: Power minister

The two-day conference, organized by the Bureau of Energy Efficiency (BEE) and the Power Foundation of India (PFI) under the Ministry of Power, focused on policies and strategies to accelerate energy efficiency and address rising cooling demands.

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SECI signs MoU for 200 MW solar and 1000 MWh battery storage project in Madhya Pradesh

The MoU was signed by Shri Sivakumar V Vepakomma, Director (Power Systems), SECI, and Shri Manu Srivastava, Additional Chief Secretary (NRE), Madhya Pradesh, in the presence of Shri Rakesh Shukla, Minister of New & Renewable Energy, Madhya Pradesh, and Shri R P Gupta, Chairman and Managing Director, SECI.

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India needs $300-bn in renewable energy investment by 2032: Ember

India needs $300 billion in renewable energy investment by 2032, with annual financing rising to $68 billion — a 20 per cent yearly increase, according to a latest report by UK-based energy think-tank Ember.

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IREDA to raise ₹5,000 crore through QIP; govt stake to be diluted by up to 7%

The approval was granted through remote e-voting during the 22nd Extra-Ordinary General Meeting (EGM) held via video conferencing. The meeting was chaired by Pradip Kumar Das, Chairman and Managing Director, IREDA, and attended by Board Directors and shareholders.

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India’s solar capacity surges, but power output struggles to keep pace

As of Jan 2025, India’s solar power installed capacity reached 100.1 GW, reflecting an addition of about 25.8 GW between Jan 2024 and Jan 2025

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India’s solar capacity surges, but power output struggles to keep pace

As of Jan 2025, India’s solar power installed capacity reached 100.1 GW, reflecting an addition of about 25.8 GW between Jan 2024 and Jan 2025

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Financial, capacity constraints of EU's carbon border policy may disrupt India's steel sector: Study

The EU's Carbon Border Adjustment Mechanism presents difficulties for India's small and medium-sized steel enterprises due to financial and technological constraints, as per an IIM-Lucknow study.

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Arunachal’s Small Hydropower Projects to generate 570.75 MW, Rs 7000 crore investment & 7500 jobs

Arunachal Pradesh has allocated 570.75 MW capacity across 35 small hydropower projects, expecting Rs 7000 Crore in investments and generating 7500 local jobs. Deputy Chief Minister Chowna Mein has committed support to the projects, urging developers to expedite work for timely completions and revenue generation.

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Ethiopia set to reduce greenhouse gas emissions by 68.8 per cent by 2030

Ethiopia has set an ambitious goal to reduce greenhouse gas emissions by 68.8 per cent by 2030, Minister of Planning and Development Fitsum Assefa has said.

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Five ways to have more constructive climate conversations

Techniques based on the extensive analysis of theories and research from social psychology, sociology, environmental and media studies can pave the way for a consistent approach to climate action commitment and citizen empowerment.

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Petrol prices in India among lowest in the world: Union Minister Puri

Petroleum prices in India are among the lowest in the world, said Union Petroleum Minister Hardeep Singh Puri.

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Cuba opens first of 92 solar parks in bid to tame energy crisis

Cuban President Miguel Diaz-Canel inaugurated the first of 92 solar parks on Friday as part of a Chinese-backed plan to ease hours-long blackouts across the Caribbean island nation.

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Govt reclassifies Barytes, Felspar, Mica, and Quartz as major minerals

The decision follows the approval of the National Critical Mineral Mission by the Union Cabinet on January 29, 2025, which aims to enhance exploration and mining of critical minerals within India.

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NTPC Green Energy, Bharat Light and Power sign MoU for green hydrogen off-take

NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) signed a memorandum of understanding (MoU) on February 19, 2025, to accelerate green energy initiatives and support India’s carbon-neutral goals.

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States urged to fast-track smart metering and enhance cybersecurity in power sector

The meeting was attended by Union minister of state for power and NRE Shripad Yesso Naik, Power Secretary Pankaj Agarwal, senior officials from the ministry of power, state representatives, and CMDs of central and state power utilities.

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India, Argentina ink MoU for lithium exploration and mining cooperation

The agreement was formalized during a meeting between Union Minister for Coal and Mines G. Kishan Reddy, and Raúl Alejandro Jalil, Governor of Catamarca, Argentina, in New Delhi. Senior officials from the Ministry of Mines and the provincial government of Catamarca were present at the meeting.

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Green steel needs incentives to work and Japan has a plan

Decarbonising steel production is critical for the energy transition, with government policies like subsidies essential for progress. Japan is offering incentives for using low-emission steel in vehicles, aiming to make green steel affordable despite production challenges.

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India needs massive investment to meet 2070 net-zero target: Moody’s

India needs substantial investments in its power sector to meet the 2070 net-zero commitment, requiring 2% of GDP annually over the next decade. Despite a boost in renewable energy capacity, coal-based power will still see a significant expansion to cater to rising power demand.

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Climate change must be part of everyday conversations: Attorney General at SILF-CII ESG & Climate Law Day

He was speaking at the SILF-CII ESG & Climate Law Day, organized by the Society of Indian Law Firms (SILF) and the Confederation of Indian Industry (CII) National Committee on Legal Services on February 18, 2025.

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CCI clears Nippon Steel, JFE Steel's proposal to collectively acquire stakes in Australian coal mine

The Competition Commission of India (CCI) has approved the acquisition of a 30% stake in Queensland's Blackwater coal mine by Nippon Steel and JFE Steel. The deal involves a 20% share for NS Blackwater Pty Ltd and a 10% share for JFE Steel Australia Pty Ltd, enhancing their coking coal supply agreements.

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Metro rails leading shift towards greener future: Manohar Lal

Energy efficiency and clean power are the need of the hour and transitioning from thermal to renewable energy, utilising solar rooftops, and implementing regenerative braking in Metros exemplify the shift towards a greener future, said Union Minister of Housing and Urban Affairs and Power Manohar Lal on Tuesday.

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Nagpur Metro’s solar expansion stalls due to MSEDCL approval delay

The Nagpur Metro, recognised as one of India's greenest metro systems, was initially planned to be fully powered by solar energy.

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India's path to energy independence: Harnessing solar power and electric mobility, says Prashant Ruia

Ruia said energy transition in India is possible due to inherent cost advantages.

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Extend waiver on transmission charges for renewable power till 2030, powerproducers to govt

A consultative meeting chaired by Minister for New and Renewable Energy Pralhad Joshi was held on February 5, where Wind Independent Power Producers Association (WIPPA) and other associations shared their concerns and suggestions.

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Extend waiver on transmission charges for renewable power till 2030, powerproducers to govt

A consultative meeting chaired by Minister for New and Renewable Energy Pralhad Joshi was held on February 5, where Wind Independent Power Producers Association (WIPPA) and other associations shared their concerns and suggestions.

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US-based Plug Power looks to set up ‘multi-gigawatt’ green hydrogen electrolyser plants in India by 2030 end

However, this depends on the demand and cost drivers provided by the Indian government, according to its President

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US-based Plug Power looks to set up ‘multi-gigawatt’ green hydrogen electrolyser plants in India by 2030 end

However, this depends on the demand and cost drivers provided by the Indian government, according to its President

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Cairn Oil & Gas to invest $1 billion in ASP technology to boost production

The company is also focusing on offshore expansion and acquiring deepwater blocks, diversifying its portfolio beyond its significant onshore assets.

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E-mobility transition requires large-scale investment, policy support: Experts at IEW 2025

Experts at the session “Establishing Transformative, Integrated E-Mobility Ecosystems in Emerging Economies” discussed the challenges in scaling electric mobility and the role of public-private partnerships.

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Solar-powered farm mechanisation can drive agricultural growth: Experts at IEW 2025

Uwe Gehlen, Head of German Development Cooperation in India and Minister, German Embassy, New Delhi, highlighted the role of international partnerships in scaling solar mechanisation for sustainable agricultural growth.

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Global collaborations will drive India’s energy transition: Hardeep Singh Puri at India Energy Week

India also took steps toward clean energy with BPCL partnering with Eco Wave Power, Israel, to establish the country’s first wave energy pilot project in Mumbai using wave energy converter technology. In the biofuel sector, BPCL signed an MoU with the National Sugar Institute, Kanpur, to scale up sweet sorghum-based bioethanol production and build capacity for farmers and industry partners.

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Waaree Renewable wins Rs 40 crore battery storage EPC contract for Gujarat hybrid sites

The project will deploy lithium iron phosphate (LFP) based liquid-cooled containerized battery energy storage system (BESS) solutions. It will be executed under a Lump Sum Turnkey Project agreement, consolidating the solar project with a single battery storage system.

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Govt eased norms for Adani's border solar project: Congress

The Congress has accused the Modi government of endangering national security by allowing the Adani group to establish a solar energy project near the Pakistan border. They claim the project was approved by relaxing security norms and pressuring the army. Congress leaders demand an explanation from Prime Minister Modi and Defence Minister Rajnath Singh.

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Solarium Green Energy IPO listing today. What GMP signals ahead of debut?

Solarium Green Energy is set to list on the BSE SME platform, with the IPO receiving an 8-time subscription, indicating strong investor interest. The company aims to utilize the funds raised for working capital and general purposes while providing comprehensive solar energy solutions and products.

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India, US to strengthen energy cooperation, focus on hydrocarbons, renewables, and emerging technologies

India and the United States have agreed to deepen their energy partnership with a focus on hydrocarbon trade, renewable energy cooperation, technology exchange, and investments in emerging energy solutions.

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Green Power International calls for policy push to accelerate gas-based power solutions

The company’s Managing Director, Varun Puri, emphasized the need for these measures to make gas gensets a more attractive option for industries.

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IEW 2025 Day 2 to spotlight hydrogen innovations, India–US energy deal, and global biofuels dialogue

The event, featuring 10 country pavilions, highlighted India’s expanding role in the global energy sector, with a focus on technology, innovation, and the energy transition.

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Nepal Energy Minister arrives in New Delhi for 'India Energy Week-2025'

Nepal's Minister for Energy, Water Resources and Irrigation, Deepak Khadka, arrived in New Delhi on Monday evening to take part in the 'India Energy Week-2025' that will be held in the Indian capital from February 11-14.

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BHEL gets Letter of Intent for renewable energy transmission project in Rajasthan

Bharat Heavy Electricals Ltd received a Letter of Intent from Rajasthan Part I Power Transmission Ltd to design and execute the high voltage direct current (HVDC) link along with associated AC substations to transmit renewable energy from Bhadla III (Rajasthan) and Fatehpur (UP), according to a regulatory filing on Sunday.

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India's first hydrogen train will be among world's longest and maximum powered: Railway Minister

"Indian Railways has taken up a state-of-the-art project for the development of the first hydrogen train on a pilot basis by retrofitment of hydrogen fuel cell on diesel electric multiple unit (DEMU) rake," Vaishnaw said.

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PM Modi to visit US on Feb 12-13; energy, defence on agenda during talks with President Trump

Foreign Secretary Vikram Misri said at a special media briefing that Prime Minister's visit within three weeks of the new administration taking office shows the importance of the India-US partnership.

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India achieves 100 GW solar energy capacity: Pralhad Joshi

Earlier, India had planned to have 175 GW of renewable energy capacity, including 100 GW solar by 2022. But it could not be achieved due to staggering impact of the pandemic which forced imposition of lockdown restrictions.

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India’s installed solar capacity reaches 100 GW, driven by rooftop and utility-scale growth

Union Minister of New and Renewable Energy, Pralhad Joshi, said, “Under the leadership of Prime Minister Narendra Modi, India’s energy journey over the past ten years has been historic and inspiring.

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Amazon invests in three new wind energy projects in India

The projects are among 53 solar and wind projects helping match the electricity consumed by Amazon’s operations

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India, UK hold workshop to strengthen green hydrogen standards and cooperation

The workshop focused on strengthening cooperation between India and the United Kingdom in hydrogen standardization, particularly in green hydrogen production and regulations.

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Brazil's farmers bet on solar energy and batteries to stabilize power supply

Increased use of alternative energy in Brazil, the world's largest exporter of various food staples, means greater business for equipment providers, reduced dependence on fossil fuels, and more efficient farming.

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India to review tariff surcharges on solar cells, luxury cars, may spur US imports

In a bid to avoid President Donald Trump's growing tariff actions, India has already reduced average import tariff rates to 11% from 13% on several items in the latest budget.

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India to review tariff surcharges on solar cells, luxury cars, may spur US imports

In a bid to avoid President Donald Trump's growing tariff actions, India has already reduced average import tariff rates to 11% from 13% on several items in the latest budget.

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Uttarakhand CM approves installation of 500 solar streets in disaster-prone areas

Uttarakhand Chief Minister Pushkar Singh Dhami has given the green light for the installation of 500 solar streets in disaster-prone and rural areas, including Khair Mansingh, Dron Dwara, Theva Maldevta, Asthal, and Akhandwali Bhilang, with a budget of Rs. 28.69 lakh, on Tuesday.

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Tata Power’s clean energy capacity to reach 16.7 GW, reports 10% YoY PAT growth

The company reported its 21st consecutive quarterly profit after tax (PAT) growth, posting ₹1,188 crore for the quarter ended December 31, 2024, marking a 10 per cent year-on-year increase.

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NTPC, Indian Army sign 25-year PPA for solar-hydrogen microgrid in Chushul

The agreement was signed on February 3 by NTPC-Hydrogen Chief General Manager DMR Panda and Indian Army Brigadier and Chief Engineer (Leh) Aditya Harshey.

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20 coal mines receive bids in 11th round of commercial auction: Coal ministry

The bids were decrypted and opened electronically in the presence of bidders. Sealed envelopes containing offline bid documents were also opened in front of the bidders. The entire process was displayed on a screen for transparency.

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India, Saudi Arabia to discuss critical minerals, investment opportunities

The meeting follows the Union Minister’s participation in the Ministerial Round Table at the Future Minerals Forum 2025 in Riyadh, where he highlighted India’s commitment to securing critical minerals for energy transition and clean energy systems.

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HMPL plans 500 MW solar project in Andhra Pradesh at Rs 2,500 cr investment

It has already submitted a proposal with the state government to set up the project in Prakasam district over an area of 2,000 acres, as per information shared by the company.

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Budget 2025: Green hydrogen allocation rises 100 per cent to Rs 600 cr

The provision is to make India the global hub for production, usage and export of green hydrogen and its derivatives and to achieve the aim of being self sufficient through clean energy and serve as an inspiration for the global clean energy transition.

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India’s green hydrogen sector may belong to big players; costs to squeeze-out small firms

One of the key reasons behind big firms dominating the sector includes their advantage on economies of scale

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Budget 2025: Key measures to expect for the energy sector

The government will be well served to address policy gaps which can, in the near term, spur private investments as government capex by itself cannot suffice for the capital hungry energy sectors.

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Jupiter International to invest ₹2,005 crore in solar manufacturing unit in Odisha

The facility will have an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules, contributing to the expansion of India’s solar manufacturing ecosystem.

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Karnataka to add 20 GW renewable energy capacity over five years

The state will establish ten renewable energy clusters of 2,000 megawatts (MW) each to facilitate expansion.

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Energy storage corporate funding rises to $19.9 billion in 2024, smart grid funding drops 27%

The top five energy storage VC funding deals in 2024 included Form Energy ($405 million), Sila Nanotechnologies ($375 million), EnerVenue Holdings ($308 million), Natron Energy ($189 million), and Ascend Elements ($162 million).

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PM-Surya Ghar surpasses 8.5 lakh installations, India targets 1,800 GW renewable energy by 2047

"The government aims to achieve 500 GW of renewable energy capacity by 2030, with a long-term vision of 1,800 GW by 2047," Joshi said. "This initiative, along with ongoing policy support and financial backing, positions India as a global leader in the clean energy transition."

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Hygenco secures EU RFNBO pre-certification for green ammonia exports

The CertifHy scheme, recognized by the European Commission, ensures compliance with international sustainability standards and allows end-users in the EU to access certified green hydrogen and low-carbon hydrogen.

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PLI, ALMM expansion, and EV tax cuts: What industry expects from Budget 2025?

With the government targeting 500 GW of non-fossil fuel energy by 2030 and aiming for Viksit Bharat 2047, stakeholders seek PLI scheme expansion, ALMM inclusion, GST rationalization, and enhanced R&D incentives.

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Hygenco secures EU RFNBO pre-certification for green ammonia exports

The CertifHy scheme, recognized by the European Commission, ensures compliance with international sustainability standards and allows end-users in the EU to access certified green hydrogen and low-carbon hydrogen.

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Oil prices hold near two-week low as weak China data adds to demand concerns

Brent crude oil futures rose by 12 cents, or 0.2%, to $77.20 per barrel by 0220 GMT. U.S. West Texas Intermediate crude futures were up 10 cents, or 0.1%, to $73.27. Brent settled on Monday at its lowest since Jan. 9, while WTI hit its lowest since Jan. 2.

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TP Solar secures ₹455 crore contract for 300 MWp solar modules

The contract, valued at ₹455 crore, is part of MSPGCL’s larger 750 MWp tender finalized through a competitive e-Reverse Auction (eRA) process. The modules will be delivered to multiple locations across Maharashtra within the current year.

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Oil, gas prices to remain high for time being: GAIL chairman

Speaking with PTI here during the World Economic Forum Annual Meeting, Gupta also said GAIL is looking to scale up its capital expenditure in the next 3-5 years to Rs 10,000-12,000 crore as work is underway on several gas pipelines and other projects.

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Solar scheme helps 2,448 power consumers in MMR turn self-reliant

Household solar projects in Maharashtra have surged, reducing the need for MSEDCL to buy external power. Over 26,000 rooftop solar installations have been completed, supported by a government subsidy scheme. Maharashtra's significant progress in solar adoption contributes impressively to the state's renewable energy sector and sets a strong example for other states.

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India's innovation, strategic partnerships key to global climate targets: EDF president Fred Krupp

Krupp underscored that while the world is lagging in addressing the climate crisis, countries like India have a chance to accelerate progress.

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NTPC REL secures 300 MW solar project in NHPC auction

The auction was part of NHPC’s tender for the selection of solar power developers for 1,200 MW of ISTS-connected solar power projects with energy storage systems.

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NTPC REL secures 300 MW solar project in NHPC auction

The auction was part of NHPC’s tender for the selection of solar power developers for 1,200 MW of ISTS-connected solar power projects with energy storage systems.

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UltraTech Cement's Q3 profit falls over 17 pc at Rs 1,470 crore

Cement maker UltraTech Cement on Thursday reported more than 17 per cent decline in its consolidated net profit for Q3 FY25 at Rs 1,470 crore, compared to Rs 1,774.78 crore in the year-ago period.

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Oil prices extend losses on uncertainty over Trump tariff impact

Brent crude futures fell 23 cents, or 0.3%, to $78.79 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude (WTI) eased 18 cents, or 0.2%, to $75.26.

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Apollo Green Energy plans to launch IPO by Q4 CY25

Plans to enter domestic solar manufacturing space by FY26.

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India’s power demand to double by 2032; renewables lead the way: Union minister Pralhad Joshi

Addressing the Regional Review Meeting on Renewable Energy in Jaipur, Joshi said the country’s power demand is projected to double by 2032, requiring a greater role for renewables in the energy mix.

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India’s power demand to double by 2032; renewables lead the way: Union minister Pralhad Joshi

Addressing the Regional Review Meeting on Renewable Energy in Jaipur, Joshi said the country’s power demand is projected to double by 2032, requiring a greater role for renewables in the energy mix.

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Tata Power, OREDA sign MoU for rooftop solar expansion in Odisha

The MoU was signed by OREDA CEO Saidutta Biplab Keshari Pradhan and Tata Power CEO & MD Dr. Praveer Sinha in the presence of Deputy Chief Minister K.V. Singh Deo and Chief Secretary Manoj Ahuja.

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Trump leaves Paris climate agreement, doubles down on fossil fuels

The Republican leader also declared a "national energy emergency" to expand drilling in the world's top oil and gas producer.

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Domestic composite materials industry to touch USD 2.8 bn-mark by 2030: Report

Composite materials or fibre-reinforced plastics (FRP) help in the circular economy as these are manufactured by combining multiple materials with different properties.

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9 solar panels stolen from Panchkula Golf Club

According to the club's general manager, Colonel AS Dhillon, a total of 990 solar panels were installed at the golf course. However, upon inspection at around 3 pm on Saturday, it came to our notice that nine panels were missing.

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India’s green hydrogen developers eye offtakers in Japan, South Korea

India’s green hydrogen and green ammonia large project developers are looking to sign offtake contracts in Japan, South Korea as the domestic market is yet to take off, according to industry experts.

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India’s green hydrogen developers eye offtakers in Japan, South Korea

India’s green hydrogen and green ammonia large project developers are looking to sign offtake contracts in Japan, South Korea as the domestic market is yet to take off, according to industry experts.

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Oil prices dip but post 4th straight weekly gain on US sanctions

Brent crude futures dipped 50 cents, or 0.6%, at $80.79 per barrel, but gained 1.3% this week. U.S. West Texas Intermediate crude futures lost 80 cents, or 1%, at $77.88 a barrel, having climbed 1.7% for the week.

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Delhi’s air quality improves, GRAP stage-III restrictions revoked

The city’s average Air Quality Index (AQI) stood at 289 on Thursday, categorized as “Very Poor,” marking a sharp decline from the "Severe" levels earlier this week.

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Oil prices climb on supply fears, Fed rate cut hopes

Brent crude futures rose 13 cents, or 0.2%, to $81.42 per barrel by 0113 GMT, after declining 0.9% in the previous session. U.S. West Texas Intermediate crude futures were up 27 cents, or 0.3%, to $78.95 a barrel after dropping 1.7% on Thursday.

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India’s solar capacity surpasses 200 GW, non-utility solar grows 53%: SBICAPS Report

The year saw approximately 24.5 GW of new solar capacity, with rooftop solar growing by 53% year-on-year to 4.6 GW and off-grid solar expanding by 197%.

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Oil little changed as falling US stockpiles outweigh soft demand outlook

Brent crude futures were up 2 cents to $79.94 a barrel by 0205 GMT, after dropping 1.4% in the previous session. U.S. West Texas Intermediate crude rose 12 cents, or 0.15%, to $77.62 a barrel after a 1.6% drop.

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Budget 2025: Industry demands tax breaks, incentives for green energy push

With Finance Minister Nirmala Sitharaman set to present the Union Budget on February 1, leaders from the renewable energy sector are urging targeted policy measures and financial reforms to expedite progress toward India’s 2030 goal of achieving 500 GW of non-fossil fuel energy capacity.

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Tenders invited for seven solar power projects of 72 MW: Himachal CM

Himachal Pradesh Chief Minister Sukhvinder Sukhu on Monday said the government is aiming to harness green energy on a large scale. He said tenders have been invited for setting up seven solar power projects of 72 MW, which are being evaluated.

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Supreme Court declines to hear from oil and gas companies trying to block climate change lawsuits

The order allows the city of Honolulu's lawsuit against oil and gas companies to proceed. The city's chief resilience officer, Ben Sullivan, said it's a significant decision that will protect "taxpayers and communities from the immense costs and consequences of the climate crisis caused by the defendants' misconduct."

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Renewable energy capacity addition in India increases by 113 pc in 2024: Centre

India added about 30 GW (Gigawatt) of new renewable energy capacity last year, 113 per cent higher compared to 13.75 GW added in 2023, according to the Ministry of New and Renewable Energy.

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Delhi's air pollution levels drop, stage-III measures withdrawn

Following the improvement, the Sub-Committee on the Graded Response Action Plan (GRAP) of the Commission for Air Quality Management (CAQM) revoked all Stage-III restrictions across the National Capital Region (NCR) with immediate effect.

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Waaree Energies acquires Enel Green Power India for ₹792 crore

EGP India operates a renewable energy platform with a net capacity of approximately 640 MWAC (760 MWDC), encompassing solar and wind projects.

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Oil prices rally 3% as US hits Russian oil with tougher sanctions

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest U.S. sanctions package targeting Russian oil and gas revenue.

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Centre approves additional 5,000 MW renewable energy allocation to Rajasthan

The Central government on Thursday approved an additional allocation of 5,000 MW under Component-A of the PM Kusum Yojana for the Rajasthan government, officials said.

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ebm-papst, HYTING partner to develop hydrogen-fuelled heat generators

HYTING has developed a forced-air heating system, currently in the prototype stage, that uses a catalytic process to generate heat directly from hydrogen and oxygen without combustion.

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Telangana govt proposes 1,000 MW power generation by encouraging SHGs to set up solar plants

State Deputy Chief Minister Mallu Bhatti Vikramarka, along with other ministers, held a meeting with district collectors and officials on Wednesday to discuss the plan, an official release said.

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PM Modi to lay foundation stone for ₹1.85 lakh crore green hydrogen hub in Andhra Pradesh

The project, the first Green Hydrogen Hub under the National Green Hydrogen Mission, involves an investment of ₹1,85,000 crore.

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US to scrap curbs on Indian nuclear entities, boost energy ties

The US announced plans to ease regulations hindering civil nuclear cooperation with India, marking a significant step to fully realize the 2008 India-US civil nuclear deal. US NSA Jake Sullivan emphasized the importance of US-India defense, technology cooperation, and the India-Middle East-Europe Economic Corridor, while urging adherence to democratic values for deeper partnerships.

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Tata Power's ambitious pumped hydro project in Maharashtra to commence from this month

Tata Power's Pune and Raigad pumped hydro storage projects, with a combined 2,800 MW capacity, have received necessary approvals. These projects, valued at Rs 13,000 crore, aim to ensure a 24×7 clean power supply by 2029, contributing to grid stability and renewable energy integration.

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NTPC Renewable Energy bags 1,000-MW solar power project

NTPC Renewable Energy Ltd has secured a 1,000-MW solar power project from Uttar Pradesh Power Corporation Ltd (UPPCL) at a tariff of Rs 2.56/kWh.

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India’s petroleum demand to rise 3%-4% in FY25: Fitch

The demand growth will primarily be driven by diesel and petrol consumption, which account for a significant portion of India’s petroleum product usage. This follows increases of 3% during the first seven months of FY25 and 5% in FY24.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/qlL9Ymp

Facing Rs 4k cr revenue gap, discoms want to hike power tariff by 7.5%

Though the overall hike of 7.52% has been sought, the domestic consumers will face the burnt of 7.3% and for agricultural consumers the hike will be 8.3%.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/Big0MjY

Andhra Pradesh cabinet approves Rs 2,723 cr for Amaravati works, other investments

The Andhra Pradesh cabinet approves two engineering projects worth Rs 2,723 crore for Amaravati, including a green ammonia manufacturing facility and South India's first integrated energy project. Financial aid comes from the World Bank, HUDCO, and Germany. Other notable projects by Tata Power, RIL, and visits by PM Modi were also detailed.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2nje86K

Oil rises as investors return from holidays, eye China recovery

Brent crude futures rose 46 cents, or 0.6%, to $75.10 a barrel by 0128 GMT after settling up 65 cents on Tuesday, the last trading day for 2024. U.S. West Texas Intermediate crude futures gained 49 cents, or 0.7%, to $72.21 a barrel after closing 73 cents higher in the previous session.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/eVFZcr3