Day: February 5, 2025
ACME Solar partners with GREW Solar for Bikaner solar power project
ACME Solar has a portfolio of 6.97 GW of renewable energy projects, with 2.54 GW of operational assets and an additional 4.43 GW under development.
Reliance to launch new energy initiative in Bengal by 2025, focus on green power
Reliance has invested over ₹50,000 crore in West Bengal, marking a twenty-fold increase since 2016. The company’s investments have created over one lakh direct jobs in the state. Ambani said, “Mamata Didi, we shall double this investment by the end of this decade.”
Wind power giant Vestas profit soars on record orders
The Danish group's after-tax profit jumped from 77 million euros in 2023 to 499 million euros ($520 million) last year. Revenue grew 12 percent to 17.3 billion euros.
Equinor cuts renewable energy target due to industry headwinds
Equinor follows peers BP and Shell, which have trimmed plans to expand in renewable energy, especially offshore wind, where they previously hoped to benefit from their experience of operating oil and gas production at sea.
China expands key mineral export controls after US imposes tariffs
The restrictions were the latest attempt by China since 2023 to leverage its dominance in mining and processing critical minerals used in everything from smartphones and electric car batteries to infrared missiles and ammunition.
Uttarakhand CM approves installation of 500 solar streets in disaster-prone areas
Uttarakhand Chief Minister Pushkar Singh Dhami has given the green light for the installation of 500 solar streets in disaster-prone and rural areas, including Khair Mansingh, Dron Dwara, Theva Maldevta, Asthal, and Akhandwali Bhilang, with a budget of Rs. 28.69 lakh, on Tuesday.
OPINION: Cleantech manufacturing in mission mode
In the evolving geopolitical scenario of unilateralism, all round self-reliance has become a dire necessity for country’s Viksit Bharat vision.
India issues 4,419 MW renewable energy tenders in January, RE capacity at 209.4 GW
India’s renewable energy installed capacity reached 209.4 GW by December 2024. Between January and December 2024, 24,546 MW of solar capacity and 3,426 MW of wind capacity were added.
India, Saudi Arabia to discuss critical minerals, investment opportunities
The meeting follows the Union Minister’s participation in the Ministerial Round Table at the Future Minerals Forum 2025 in Riyadh, where he highlighted India’s commitment to securing critical minerals for energy transition and clean energy systems.