The government of Punjab has launched a new initiative under the Clean and Green Renewable Energy project to boost Punjab’s green energy production. A total of 66 solar projects will be implemented across the state by December 2025, generating 264...
India is set to launch its Critical Mineral Mission in 2025, an initiative to secure essential minerals for the country’s green energy transition and electric vehicle (EV) sector growth. This mission will bring together multiple ministries...
Shri Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Limited (IREDA), delivered a keynote address at the Odisha Solar Investor Conclave hosted by GRIDCO in Bhubaneswar. The CMD confirmed that...
Refex Industries Limited has established a wholly owned subsidiary, Venwind Refex Power Limited, with a subscribed capital of Rs 10 million comprising 100,000 fully paid equity shares at a face value of Rs 10 each. The subsidiary will focus on...
Power Grid Corporation of India Limited (PGCIL) and Adani Energy Solutions Ltd have emerged as qualified bidders for the Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme). REC Power Development...
The Bihar Electricity Regulatory Commission (BERC) has released a consultative paper on the draft BERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024. The draft policy enables voluntary procurement of green energy in increments...
The Central Electricity Regulatory Commission (CERC) has issued the CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024. The amendment addresses implementation challenges and refines operational procedures...
SustVest has secured $1.7 million in equity and debt during its Pre-Series A funding round. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and...
NTPC Limited has signed a tripartite memorandum of understanding (MoU) with the Grid Corporation of Odisha (GRIDCO) and Capital Region Urban Transport (CRUT) to promote green hydrogen mobility in Bhubaneswar. Under the agreement, NTPC will establish...
ReNew Energy Global has entered into an agreement to sell its entire stake in ReNew Sun Waves Pvt Ltd (RSWPL) to Anzen India Energy Yield Plus Trust for $176 million. RSWPL operates a 300 MW solar asset in Jaisalmer, Rajasthan. The deal will close...
The Nepal Electricity Authority (NEA) has exported electricity valued at Rs 13.04 billion during the first five months of the fiscal year 2024/25. From July 16 to December 15, 2024, approximately 1.76 billion units of electricity were sold to India...
India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to...
Union Minister of Power Shri Manohar Lal reviewed Kerala’s power sector at a meeting in Thiruvananthapuram. Shri Suresh Gopi, Minister of State for MoPNG & Tourism, and Shri K Krishnankutty, Kerala’s Minister for Electricity, attended with...
Maharashtra Chief Minister Devendra Fadnavis reaffirmed his government’s commitment to continue providing free electricity to farmers and promote solar energy adoption in the agricultural sector. In the 2024 Assembly elections, the BJP had...
Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability. Solar energy accounted for 49% of the funding...
Reliance Industries, led by Mukesh Ambani, has acquired a 26% stake in Gautam Adani’s Mahan Energen Ltd (MEL), a subsidiary of Adani Power Ltd, as part of a deal to secure 500 MW of electricity for captive use. Reliance will invest Rs 500...
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the “Bihar Business Connect 2024” Global Investors’ Summit in Patna on December 20...
Shriram Finance Limited has introduced Shriram Green Finance, a dedicated vertical for funding sustainable projects beyond electric vehicles (EVs). The initiative will focus on financing EVs, battery charging stations, renewable energy products...
Ashoka Buildcon plans to invest Rs 90 billion in establishing a green hydrogen plant in Bihar. The company has signed a memorandum of understanding with the Bihar government for the project. The plant will include a 1,250 MW solar project to produce...
Sterling and Wilson Renewable Energy Limited (SWREL) has won a Rs 12 billion contract for a 500 MW AC solar photovoltaic project in Gujarat. The project includes design, engineering, procurement, and construction (EPC) for the Balance of System...
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The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...
Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...
Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...
Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...
Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...
JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...
Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...
Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...
Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...