T20 World Cup-winning captain Suryakumar Yadav and cricketer Tilak Varma have taken strategic stakes in TRUZON Solar, a Hyderabad-based solar solutions provider operating under Suntek Energy Systems Pvt. Ltd. The company said the investment adds to its existing group of high-profile backers, which includes Sachin Tendulkar. The investment reflects growing private investor interest in India’s…
NLC India Limited has approved an equity investment of up to Rs 16.30 billion in its wholly-owned subsidiary, NLC India Renewables Limited (NIRL). The in-principle approval is subject to clearances from the Department of Investment and Public Asset Management (DIPAM) and other relevant authorities. The funds will support NLC’s ongoing renewable energy projects under NIRL….
Vietnam will invest $136.3 billion in its power sector by 2030 to expand capacity and reduce coal use. Installed capacity is set to grow from over 80 GW in 2023 to between 183 GW and 236 GW. Coal’s share will fall to 13.1%–16.9%. Solar will rise to 25.3%–31.1%, wind to 14.2%–16.1%, and LNG to 9.5%–12.3%….
Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy. The investment includes developing 100 GW of renewable energy capacity, aiming to create the world’s largest integrated green energy ecosystem. The projects are expected to be implemented over the next five years.
Avaada Group has pledged an investment of Rs 1 trillion to transform Rajasthan into the world’s largest renewable energy hub. This initiative aims to drive green manufacturing, create millions of jobs, and contribute to the state’s economic empowerment.
Energy Development Corporation (EDC) has committed USD434 million to expand the Southern Negros Geothermal Project (SNGP). The investment will support new well drilling, pad expansion, road and pipeline network upgrades, and the integration of emerging technologies. Currently, the SNGP operates at a dependable capacity of 221.8 MW across multiple geothermal plants, with this expansion set…