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Carbon pricing revenues exceed $100bn in 2024
The World Bank’s State and Trends of Carbon Pricing 2025 report shows global carbon pricing revenues surpassed US$100 billion in 2024, with over 50 per cent allocated to environmental, infrastructure, and development projects. This marks a threefold increase in revenue over the past decade and underscores carbon pricing’s fiscal and climate relevance. As of 2025,…
Ministry of Mines announces guidelines for Centres of Excellence under NCMM
The Ministry of Mines has released detailed guidelines to set up Centres of Excellence (CoEs) under the National Critical Mineral Mission (NCMM). The goal is to push forward research and technology development in India’s critical minerals sector. The CoEs will focus on end-to-end research—from extraction and beneficiation to processing. The idea is to move technologies…
Cliantech secures repeat order from IB Solar for 1.2 GW module line
Cliantech Solutions has received a repeat contract from IB Solar to set up a 1.2 GW solar module manufacturing line, marking its second order from the same client. The company had earlier commissioned a 600 MW line for IB Solar, taking the total capacity installed by Cliantech for the client to 1.8 GW. The new…
ACME Solar commissions 112.5 MW in Sikar
ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan. Earlier this month, the company commissioned 52.5 MW. With these additions, the total commissioned capacity has reached 165 MW out of the planned 300 MW. The remaining 135 MW is…
Maharashtra launches portal to fast-track 7,000 MW solar project for farmers
The Maharashtra government has launched the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 project management portal to speed up work under its MSKVY 2.0 scheme. The scheme targets achieving 7,000 MW of decentralised solar capacity. It aims to supply daytime electricity to farmers through solar feeders. It follows a self-paying model where savings from reduced…
First Solar sues Adani Group firm over alleged patent infringement
US solar cell manufacturer First Solar has filed a lawsuit against Adani Group’s Mundra Solar PV Ltd (MSPVL) in a Delaware court, alleging infringement of two patented solar panel manufacturing technologies. The company has sought compensation but has not disclosed the amount. According to Mint, First Solar contacted the Adani Group on April 1, claiming…
