The Union Cabinet has approved the Atomic Energy Bill, 2025, also known as the SHANTI Act, enabling private-sector participation in India’s nuclear energy sector for the first time. The bill, formally titled Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI), is scheduled to be tabled in Parliament this week. It marks the…
The Ministry of New and Renewable Energy (MNRE) has recognised Deendayal Port Authority (Gujarat), V.O. Chidambaranar Port Authority (Tamil Nadu), and Paradip Port Authority (Odisha) as green hydrogen hubs under the National Green Hydrogen Mission (NGHM). Under the mission’s cluster-based model, ports will serve as key nodes for hydrogen development, helping overcome transport challenges, improve…
Fuel stations in India are expected to play a more active role in the power sector, as the government urges petroleum dealers to integrate clean energy solutions. Union Petroleum Minister Hardeep Singh Puri called on the country’s 70,000-plus fuel retail outlets to adopt rooftop solar power, install electric vehicle (EV) charging stations, and upgrade infrastructure…
At the Rising North East Investor Summit 2025, energy emerged as a core focus of India’s development agenda for the region. The summit attracted Rs 4.3 trillion in investment proposals, with energy and infrastructure leading interest. Mukesh Ambani committed Rs 75,000 crore, Gautam Adani pledged Rs 50,000 crore, and Anil Agarwal over Rs 30,000…
Vietnam has officially approved the amended National Power Development Plan VIII (PDP VIII) for the 2021-2030 period, with a long-term vision extending to 2050. This revision, under Decision 768/QD-TTg, replaces the previous version (Decision 500/QD-TTg) and responds to the country’s growing electricity demand and its commitment to achieving net-zero emissions by 2050. The revised plan…
Hitachi Energy has won contracts worth over €2bn ($2.08bn) with Amprion, a German transmission system operator, to supply four converter stations for two high-voltage direct-current (HVDC) links, V48 and V49. These links are integral to Germany’s clean energy transition, transporting power from the North Sea coast to the Ruhr Region, serving four million people. Hitachi…
The PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has achieved 630,000 rooftop solar installations, averaging 70,000 installations per month. The initiative aims to surpass 1 million installations by March 2025 and reach 10 million by 2027. Key states such as Gujarat, Maharashtra, Kerala, and Uttar Pradesh have shown significant progress due to robust infrastructure and…
Indonesia is in talks with the US and Russia to acquire nuclear power technology, targeting the operation of nuclear power plants by 2036, as reported by Reuters. Vivi Yulaswati, deputy minister at the Ministry of National Development Planning, revealed that the country is evaluating both small modular reactors and conventional nuclear technology to reduce reliance…
The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight ground-mounted solar photovoltaic (PV) plants and four solar PV plants integrated with battery energy storage systems (BESS). The projects…
RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years. This partnership will help advance projects through the NYISO interconnection queue. Additionally, it will allow RIC Energy to grow its portfolio, and…