Day: December 31, 2024
The climate scorecard is looking bleak in 2025
China’s energy demand, national climate plans, and global carbon markets will be crucial indicators for the success of climate action over the next few years.
India at high table of clean energy superpowers with over 200 GW capacity; investments to double in 2025
According to the International Energy Agency, India's annual renewable capacity additions through 2030 are expected to increase more quickly than any other major economy, including China. It seeks India's capacity addition more than quadrupling from 15 GW in 2023 to 62 GW in 2030. By the end of…
Waaree secures 2 GW solar EPC contract in Rajasthan
The project was awarded by Sunbreeze Renewables Nine Pvt. Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables.
AGEL CEO Amit Singh to step down, take charge of Adani International Energy Business
Ashish Khanna, who is the CEO of the International Energy Business, will take charge as AGEL CEO from April 1 next year, the Adani group company said in a statement.
Refex Renewables & Infrastructure arm acquires 51% stake in Vyzag Bio
Refex Renewables & Infrastructure on Monday said its arm Refex Sustainability Solutions Ltd (RSSL) has completed acquisition of 51 per cent stake in Vyzag Bio-Energy Fuel.
RECPDCL transfers ₹5,378 crore SPV to Power Grid for renewable energy evacuation
The SPV transfer was conducted in Gurugram, following Power Grid Corporation’s emergence as the Transmission Service Provider (TSP) through a Tariff-Based Competitive Bidding (TBCB) process.
Adani Enterprises revenue to jump to Rs 1.5 lakh crore, net earnings to rise 46% by FY27: Brokerage
Adani Enterprises Ltd, the flagship company of the ports-to-energy conglomerate helmed by billionaire Gautam Adani, is likely to see consolidated revenue grow at a CAGR of 17.5 per cent and net earnings by 45.8 per cent over 2023-24 fiscal year (FY24) and FY27, a report said.
Venture Capital investments in India surge to $16.8 bn in January-November: Report
Venture capital (VC) activity in India has witnessed significant growth from January to November 2024, with investments reaching $16.77 billion across 888 deals, according to the India Brand Equity Foundation (IBEF).
Karnataka’s energy growth dims amid policy snags
This data by Karnataka Renewable Energy Development Ltd (KREDL) highlights that the number of RE projects commissioned in the state over the last few years has declined.