renewable-energy

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India Requires $56 Billion to Meet 2030 Green Hydrogen Demand: USAID

India’s strategic advantages, including abundant renewable energy resources, existing consumption markets, and favorable investment opportunities, position it as a...

June 6, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewable Energy Developers Must Comply with Connectivity Rules or Face Action

The Central Electricity Authority (CEA) has directed renewable energy developers who have applied for connectivity until April 30, 2023 to comply with CEA Connectivity...

June 6, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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Ohmium to Deploy 400 MW Green Hydrogen Electrolyzers for NTPC

Ohmium International, a green hydrogen solutions provider, announced that its subsidiary in India has been chosen as the preferred partner by NTPC Renewable Energy...

June 2, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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MYTILINEOS Enters Canadian Market with Acquisition of 1.2 GW Solar Projects

MYTILINEOS Energy & Metals (MYTILINEOS), a global industrial and energy company, announced its entry into the Canadian market through the acquisition of a 1,235 MW...

June 1, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Capgemini’s India Office Operations Now Powered by 100% Renewable Energy

Capgemini, a France-headquartered multinational corporation, announced that all its facilities across 13 cities in India are now powered by 100% renewable energy, which...

June 1, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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ONGC to Invest ₹1 Trillion in Renewables to Achieve Net-Zero by 2038

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...

May 30, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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States’ Role in Facilitating Renewable Energy Installations Critical: MNRE

The Ministry of New and Renewable Energy (MNRE) has emphasized the significance of the states taking the lead in expanding renewable energy capacity, which has touched...

May 24, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Daily News Wrap-Up: Solar Exports Surge by 6,293% & Imports Fall by 34% in Q1

India exported solar cells and modules worth $479 million (~₹39.5 billion) in the first quarter (Q1) of the calendar year 2023, a staggering increase of 6,293%...

May 23, 2023

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Mercom India

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Daily Wrap-up
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PFC Floats Transmission Tender to Evacuate Renewable Energy from Karnataka

PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC), has invited bids to develop an interstate transmission system (ISTS) for integration of...

May 19, 2023

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Rakesh Ranjan

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Grid

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T&D
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Philippines Awards Contracts for 610 MW Floating Solar Project

Blueleaf Energy and SunAsia Energy have been awarded contracts by the Philippine government to construct and manage what is claimed to be the world’s largest floating...

May 12, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Azure Power Announces New CEO and CFO Appointments

Azure Power, a renewable energy company, has announced the appointment of a new Chief Executive Officer (CEO) and Group Chief Financial Officer (CFO). The new...

May 5, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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India Could Attract $500 Billion Funding for 450 GW Renewables Goal by 2030

India could attract massive investments to fund the ambitious renewable capacity addition currently underway to meet the 450 GW capacity target by 2030. It allows...

May 2, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Reduced NPAs Help IREDA Post 12% YoY Jump in Q4 Profit at $31 Million

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a profit of ₹2.54 billion (~$31 million) for the fourth quarter (Q4) of the financial...

April 26, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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India’s Bid to Strengthen Domestic Renewable Energy Supply Chains in Focus

India’s efforts to boost domestic manufacturing of products used in renewable projects and strengthen local supply chains are geared towards achieving its clean...

April 19, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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ArcelorMittal to Use Wind Energy for Steel Factories in India and Brazil

Steelmaker ArcelorMittal has said it has roped in Siemens Gamesa in India and Casa dos Ventos in Brazil to install wind projects for powering its steel factories to...

April 18, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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