Renewable Energy
India’s strategic advantages, including abundant renewable energy resources, existing consumption markets, and favorable investment opportunities, position it as a...
Global renewable capacity additions are set to soar by an unprecedented 107 GW to over 440 GW in 2023. This growth is driven by expanding policy support, concerns over...
The Indian Energy Exchange (IEX) traded 358 million units (MU) of renewable energy during May 2023, a 28% increase from 280 MU traded in April and a 44% year-over-year...
The European Union has formally informed the World Trade Organization that it has notified the setting up of the Carbon Border Adjustment Mechanism (CBAM), which seeks...
Here is a recap of important headlines from May 2023: India installed 1.9 GW of new solar capacity during the first quarter (Q1) of 2023, a decline of 48%...
Ohmium International, a green hydrogen solutions provider, announced that its subsidiary in India has been chosen as the preferred partner by NTPC Renewable Energy...
The Union government has launched the unified registration portal for GOBARdhan, with the aim of streamlining the process of setting up compressed biogas CBG/Biogas...
The Central Electricity Authority’s (CEA) National Electricity Plan (NEP) proposes the development of over 8.68 GW of battery energy storage systems in place of...
The Solar Energy Corporation of India (SECI) has disbursed ₹40.9 million (~$495,480) as subsidies under the rooftop solar program in April 2023, a 194% increase from ₹13....
Capgemini, a France-headquartered multinational corporation, announced that all its facilities across 13 cities in India are now powered by 100% renewable energy, which...
The Delhi Electricity Regulatory Commission (DERC) has proposed to amend the state’s net metering regulations for renewable energy to provide greater flexibility...
Wind turbine manufacturer Suzlon Energy posted a net profit of ₹3.2 billion (~$38.7 million) during the fourth quarter (Q4) of the financial year (FY) 2023, an increase...
Foreign Direct investment (FDI) in India’s renewable energy sector stood at $838 million (~₹69.2 billion) in the fourth quarter (Q4) of the financial year (FY)...
Gujarat-based power company Torrent Power posted a profit of ₹4.88 billion (~$58.97 million) for the fourth quarter (Q4) of the financial year (FY) 2022-23 against a...
In a significant move towards sustainable energy practices, Oil and Natural Gas Corporation (ONGC), India’s oil and gas major, has announced plans to invest ₹1...
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