Page 9 - Renewable Energy

World energy crisis would be even worse without China's rainy season

Hydro is still China's biggest carbon-free energy resource, accounting for about as much power as solar, wind and nuclear combined, although growth has flattened as topography limits expansion

Fast-track the financing of renewables

India has the world's second-largest population and its rapid growth rate and low per-capita energy consumption means an insatiable thirst for energy in the years ahead

NTPC arm to develop 10GW renewable energy power park in Rajasthan

The power PSU in a statement said that NTPC Group has set a target of 60 GW renewable energy capacity by 2032.

Tata Power Renewables set to get support from big investors: Ashish Khanna

In a Q&A Ashish Khanna, president, Tata Power Renewables talks about the road ahead for the company in the renewables space in India

India needs $223 bn to meet 2030 renewable capacity goals: Report

India will need $223 billion of investment to meet its goal of wind and solar capacity installations by 2030, according to a new report

Nuclear power is the future. Tiger Global and Bill Gates know it

Nuclear power stands to be the solution, or at least fill major energy gaps, in the coming years

Oil firms bet on green hydrogen as future of energy; plan to invest billion

After years of dabbling, major oil companies are finally planning the kind of large-scale investments that would make green hydrogen a serious business

What does Ashish Khanna of Tata Power say about India's renewable target?

In a chat with Business Standard's S Dinakar, president of Tata Power Renewables Ashish Khanna tells about how the company is gearing up to meet the challenge facing India's ambitious energy targets

ReNew Power's loss narrows to Rs 355 cr in March qtr due to high revenues

Net loss in the year-ago period was Rs 393.9 crore, a company statement said

Financial health of discoms hurdle for renewable energy sector: Moody's

The payment delays to the state-owned distribution companies are common, leading to a build-up of receivables from off-takers and an increase in working capital debt for renewable energy companies

Indian oil firms to compensate ethanol makers for higher energy costs

Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production

Green investment jumped 125% to $14.5 billion in FY22: IEEFA report

Acquisitions, bond issues make up for 75% of total value

Ayana Renewable Power to invest Rs 12,000 cr in two projects in Karna­taka

Ayana Renewable Power Pvt Ltd (Ayana) is scaling up its presence in Karnataka by setting up renewable energy projects totaling 2 gigawatts (GWs) with an investment of Rs 12,000 crore. At present, it has an operational portfolio of 340 megawatt-alternate current (MWAC) in the state, Ayana said in a statement on Wednesday. "The company has signed an expression of interest with the government of Karnataka to develop wind and solar power projects totaling 2 (GW) capacity with an investment of around Rs 120 billion (Rs 12,000 crore). At present, Ayana has an operational portfolio of 340 megawatt-alternate current (MWAC) in the state," it said. With the addition of 2 GW of green capacities, the company aims to to provide clean energy for nearly 2 million households. Karnataka, under its Renewable Energy Policy 2022-27, aims to develop 10 GW of additional renewable energy projects and Ayana is keen to help achieve the target, Shivanand Nimbargi, MD & CEO, Ayana, said. "Karnataka is a big

An inexhaustible solar power station in space? China may get one by 2028

China will launch a satellite in 2028 to test wireless power transmission technology from space to the ground

ACME Cleantech to invest Rs 52,000 crore for hydrogen, ammonia plant

The firm has built a solar portfolio of over 6 gigawatts-peak and operates over 1.5 GWp of capacity with another 10 GWp under construction

Commercial entities reduce electricity bills by renewable energy: Mercom

Commercial and industrial entities from various sectors, including steel and cement, have reduced their electricity expenses by using renewable energy, according to Mercom India. The 'C&I Clean Energy Meet 2022' held in Bengaluru witnessed participation from players operating in solar, IT, automobile, manufacturing, chemical, textiles and FMCG sectors, Mercom India said in a statement on Monday. Over 100 players joined the one-day event to discuss opportunities in the domestic renewable energy sector, available technologies, business models, financing mechanisms and regulatory guidance to set up green units. "Narayana Health is saving over Rs 40 million every year through solar power. Representatives from Kurlon, a mattress company with rooftop solar installations at its manufacturing units in three different states with a combined capacity of 2.5 MW, have saved more than Rs 75 million since its first installation in 2016," the research firm said. According to Mercom, the ...

India to meet 50% of its energy needs from renewables by 2030: Minister

Union Rural Development and Panchayati Raj Minister Giriraj Singh said India has set target of meeting half of its energy needs from renewable resources by the decade-end

Record renewables output helps coal shortage in May despite power demand

Surging supply from renewables will go some way towards mitigating India's coal shortage amid extraordinarily rapid growth in demand

Japan's Chubu Electric to buy 20% stake in India's OMC Power for $39 mn

Japan's Chubu Electric Power Co Inc said it will spend up to 5 billion yen ($39 million) to buy a 20% stake in India's rural renewable energy service company, OMC Power Private Ltd

Centre announces Rs 1,000 cr scheme for power and RE equipment making zones

The proposed funding for the three zones is Rs 1,000 crore with a ceiling of Rs 4,000 crore