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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