NextEnergy Capital raises record $896 mln for solar infrastructure fund

While larger solar-focused funds may exist with a more restrictive geographic focus, the firm said its latest was the biggest of its kind to be raised with the broader remit.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/HXdapwmD9

SBI, Tata Power tie up for financing of solar power projects

The cell will process all the loan applications for solar projects (capacity up to 1 MW) sourced from across the country, for installation by business entities as well as households.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/kCA2Yyqih

India witnessed fastest rate of RE capacity addition growth in past 7.5 years: Economic Survey

Renewable energy, excluding large hydro, constituted over 24.71 per cent of the country’s installed power capacity and about 10.7 per cent of the electrical energy generation for 2020-21

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/MIBuZ28aL

Amid coal shortage, govt removes SECL chief as output lags

The effect of the shortfall is already showing. Industry sources said SECL stopped supply to non-power consumers after Railway Board executive director (coal) A K Shamsi on January 25 ordered all zonal railways to give higher priority in loading coal for power plants till February 15.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/hkWUpQt2A

Towards greener pastures: How FM can give requisite push to renewable energy sector

The year 2021 was a landmark one for the RE sector. Cumulative 100GW capacity installation milestone was achieved in this year which further adds up to 150GW if one includes hydro power projects into it

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3hGOt2sJE

RIL projects to save $300 million interest costs in FY23

India’s largest company by market capitalisation raised the debt just before interest rates started firming up globally

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/NQYbA3p0I

Mukesh Ambani’s $75 billion plan aims to make India a hydrogen hub

Analysts say Reliance is likely to opt for hydrogen in a bid to avoid India’s wholesale electricity market, which is dominated by financially stressed utilities and plagued by delayed payments.

from renewable - Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/nbu1qdTMU