Day: January 22, 2025
Avaada Group receives financial commitments worth Rs 8,500 crore for 9 projects
The financial closure for the 9 projects includes a mix of utility-scale independent power projects (IPPS), large-scale agri photovoltaic projects, merchant power generation projects, commercial and industrial projects and the group's green module manufacturing business.
Assam CM holds meeting in Seoul on renewable energy generation
Assam Chief Minister Himanta Biswa Sarma on Tuesday discussed with one of the leading groups of South Korea in renewable energy generation and asserted that the state aims to generate 3,000 MW of clean energy in the next five years.
Global solar sector funding falls 24% to $26.3 billion in 2024: Report
“2024 was a year of uncertainties for the solar industry, with inflation, high interest rates, trade disputes, and policy ambiguity contributing to declines in funding and M&A activity,” said Raj Prabhu, CEO, Mercom Capital Group.
CleanMax secures AED 99 million HSBC credit for UAE solar projects
The solar projects will be deployed across industrial facilities, malls, schools, and universities.
Essar Renewables to invest Rs 8,000 crore in Maharashtra for 2 GW green energy projects
The projects will focus on round-the-clock renewable energy solutions, primarily supporting the Electric Vehicle truck charging ecosystem of Blue Energy Motors and Greenline.
India, Germany collaborate on low-carbon building transition project
The project, implemented by the Global Green Growth Institute (GGGI) with support from the International Climate Initiative (IKI) of the German Government, aims to integrate low-carbon concepts into new and existing buildings.
India’s power demand to double by 2032; renewables lead the way: Union minister Pralhad Joshi
Addressing the Regional Review Meeting on Renewable Energy in Jaipur, Joshi said the country’s power demand is projected to double by 2032, requiring a greater role for renewables in the energy mix.