Page 8 - Renewable Energy

Centre's plan on sale of RE power to states offers only a flickering hope

The power ministry's plan to become an intermediary in the sale of green power generation to states is only a limited solution to the larger problem facing state discoms

Powering renewable energy

Uniform tariffs will address a key problem

Centre proposes uniform tariff for renewable energy procurement by states

Monthly revision of rates for states to purchase RE

Torrent Power and Sembcorp Industries in race to buy Vector Green Energy

The transaction is expected to have an equity value of 30 billion rupees ($377 million) and an enterprise value of 50 billion rupees

Adani group to invest Rs 57,575 cr to set up alumina mill in Odisha

In a press statement, the group said it will set up a 4-million tonnes a year alumina refinery near bauxite mines as well as an iron ore project

RIL annual report: Growth engines shifting to top gear, says Mukesh Ambani

5G coverage planning done in 1,000 cities, retail investments at Rs 30,000 cr

India among leaders in annual renewable energy investment: UN report

The report mentions WFP estimates of an increase of 47 million acutely hungry people in 2022 across 82 countries due to the lingering effects of Covid-19 and the continuing Russian-Ukraine war

Raj, Goa and Gujarat lead in placing govt trained solar panel technicians

Spending on research and training of solar panel technicians (suryamitras) was halved in 2022-23 compared to 2019-20

Adani Group to invest $70 bn in green energy, infra: Gautam Adani

Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders

Sterlite Power to launch renewable energy biz, cater to industrial clients

To provide integrated green energy solutions to carbon-intensive industries

States to meet 25% of their energy needs from renewable energy sources

The stringent targets come in the wake of India committing an ambitious 500 gigawatt (GW) of RE by 2030 at the Glasgow COP26 climate summit last year

States to meet 25% of their energy needs from renewable energy sources

The stringent targets come in the wake of India committing an ambitious 500 gigawatt (GW) of RE by 2030 at the Glasgow COP26 climate summit last year

Biden stops short of declaring climate emergency, takes steps on wind power

"Climate change is literally an existential threat to our nation and to the world," Biden said

Blackrock, Mubadala to invest in Tata's renewable arm via rights issue

Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake

NTPC signs pact with Moroccan Agency for cooperation in Sustainable Energy

State-owned power giant NTPC has inked a pact with Moroccan Agency for Sustainable Energy (MASEN) for cooperation in renewable energy.

UAE, US to invest $2.3 billion in India under the framework of I2U2

I2U2 was conceptualised during a meeting of the foreign ministers of the four countries in October last year

Global energy crisis hastening end of fossil fuel dominance, says India

Renewables paired with energy storage are now cheaper than coal after the fuel's price surged in recent months, while fossil sources are also experiencing a lack of investment, RK Singh said

NMDC keen to invest in green energy capacities, says CMD Sumit Deb

Mining major NMDC has plans to invest in the renewable energy sector, said chairman and managing director Sumit Deb

Tata Power plans Rs 75k-cr capex push in green energy: Chandrasekaran

Company advances net-zero carbon target by five years, saying will achieve it by 2045

GE Renewable Energy commissions 180-MW Bajoli hydro project in Himachal

Three units of 60 MW each have been generating electricity since the project was connected to the grid in March 2022, the company said