Page 4 - Renewable Energy

ReNew signs pact with Microsoft India to supply 150 MW green energy

ReNew said it will produce the clean energy at its recently commissioned solar site near Bikaner in Rajasthan to supply it to the technology company

In waning coal belt of Ramgarh, solar saves day for women entrepreneurs

Ramgarh, Dec 16 (IANS/ 101 Reporters) Kanija Fatma (40) and her husband Riyamuddin Ansari work as tailors in minority-dominated Maganpur village in Ramgarh district of Jharkhand in eastern India

India to attract $10 bn in green energy investment in 2023: Bank of America

India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America

India achieves 166GW of renewable energy capacity till October: R K Singh

India has achieved 165.94GW of renewable energy capacity till October as against the target of 175GW by 2022, Parliament was informed on Thursday. "Against the target of achieving 175 GW of Renewable Energy installed capacity by 2022, a total of 165.94 GW of renewable energy capacity (including large hydro) has been installed in the country as on October 31, 2022," Power and New & Renewable Energy Minister R K Singh stated in a written reply to Lok Sabha on Thursday. A capacity of 76.13 GW (of renewables) is under various stages of implementation and a capacity of 36.44 GW is under various stages of bidding, Singh informed the House. In line with the Prime Minister's announcement at COP26, the Ministry of New and Renewable Energy is working towards achieving 500 GW of installed electricity capacity from non-fossil sources by 2030. Singh further elaborated that so far, a total of 172.72 GW capacity from non-fossil fuel-based energy resources has been installed in the country as on .

Rs 2.44-trn plan for 500-Gw renewable energy transmission launched

Liberty to Renewable project developers to sell on Exchanges till Transmission comes up: Power Minister

Global renewables capacity set to double over next five years, says IEA

In an annual report on the outlook for renewables, the IEA said capacity worldwide is expected to grow by 2,400 gigawatts (GW) - equal to the entire power capacity of China today - to 5,640 GW by 2027

JSW ReNew Energy commissions 27 MW wind energy capacity in Tuticorin

JSW Energy on Monday said that its arm JSW ReNew Energy has commissioned 27 MW wind energy generation capacity at Tuticorin in Tamil Nadu as part of the first phase of its 450 MW wind project. "JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy, has started phase-wise commissioning of 450 MW ISTS-connected wind power project awarded under SECI (Solar Energy Corporation of India) tranche X at Tuticorin in Tamil Nadu with commissioning of the first phase of 27 MW," a BSE filing stated. This is the company's first greenfield wind power project to be commissioned and is a testament of the group's project execution capabilities, it stated. The project has the power purchase agreement with the SECI for a period of 25 years. In addition to this project, the company is also constructing 1.8 GW of greenfield renewable energy capacity in pursuit of reaching 10 GW capacity well ahead of its FY25 timelines, and 20 GW capacity by FY30. Prashant Jain, Joint Managing Director and CEO

Amazon to set up 300-Mw hybrid RE project in Madhya Pradesh, Karnataka

These projects are expected to generate 1,163,000 megawatt hours of clean energy, which is the equivalent amount of electricity needed to power 380,000 average-sized households in New Delhi each year

Top Headlines: Air India on metro-to-metro routes; RBI rate hike & more

A Business Standard poll shows that the Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) is likely to announce a 35-basis point (bp) hike in the repo rate on December 7

India's electricity shortage erased by growth of renewable energy: Analysis

There was no repeat of the widespread blackouts which plagued many parts of India in late September and early October last year when coal-fired power plants ran short of fuel

India taking steps to complete transition into clean energy: Jitendra Singh

Union minister Jitendra Singh said that India is taking steps for the development of Small Modular Reactors (SMR), with up to 300 MW capacity to fulfill its commitment to the Clean Energy transition

Installed power capacity in India doubled in last 10 years: RBI Data

Maharashtra has the highest installed capacity of power of 43,466 MW followed by 42,208 in Gujarat, RBI's 'Handbook Of Statistics On Indian States' showed

NTPC, Tata Motors: Analysts bet on renewable energy stocks for long-haul

Analysts see the renewable energy sector as a long-term structural play given the growing climate awareness and the government's efforts towards adoption of green energy sources

JSW group's renewable energy unit to raise Rs 3,900 crore term loan

JREVL is developing an 825 Mw hybrid plant (225 Mw solar, 600 Mw wind) at a cost of Rs 5,255 cr; India Rating has assigned an "A+" to the loan

India well placed to lead green energy transition: Tata Group chairman

Tata Group Chairman Natarajan Chandrasekaran on Tuesday said transition to a cleaner and greener energy is an imperative that no one can wish away and India is well-placed to lead the change. He further said technological advancements have already made and should continue to make such energy transitions more affordable. The future of any business or industry, whether it is consumer facing or not, will be data-driven as the huge advancements in the field of technology has made real-time data availability both much easier as well as cheaper, he added. "The pressure to shift to green/renewable energy only will increase going forward and the transition to cleaner energy is irreversible. But we need more and newer and cleaner energy so that it becomes more affordable. We need to have hydrogen-based energy, electric batteries, storage systems, technology to reuse of industrial waste etc. "All these will be done in our own lifetime but what we need to ensure is that these solutions are mo

EVs lead climate tech funding but more needed for niche solutions: Experts

Climate tech start-ups traditionally require longer gestation periods due to which the sector has not generated strong commercial returns recently

Govt proposes pool of old thermal power units to balance more renewable

Pool to address grid balancing concern as states relinquish costly thermal power to procure more RE

Must not promote restriction on energy supply: PM Modi at Bali meet

Modi holds talks with Biden, Sunak, Macron

India ranks eighth, moving up two spots on Climate Change Performance Index

In 2022 and 2021, India stood at the 10th spot on the CCPI, while in 2020, it ranked ninth

Submitted long-term low emissions growth strategy: India at COP27

Reiterates its climate goals in its National Statement