Day: February 6, 2025
Solar cell capacity to expand five-fold to more than 50 GW by FY27: CRISIL
the research agency said that the expansion will entail a capital expenditure of Rs 28,000-30,000 crore, likely to be funded through a 70:30 debt-equity mix.
Amazon invests in three new wind energy projects in India
The projects are among 53 solar and wind projects helping match the electricity consumed by Amazon’s operations
CleanMax, Amazon sign PPA for 100-MW of wind energy
According to the official press release, the project will be connected to the national grid of India and will help meet the electricity consumption needs by Amazon’s operations.
Tata Power Renewable Energy, Bank of Baroda sign MoU for financing residential solar rooftop systems
Under the MoU, applicants can avail loan amounts up to Rs 6 lakh at an attractive interest rate starting at 7 per cent per annum, with both fixed and floating rate of interest options available.
OPINION: India’s 2025 renewable energy ambitions face a reality check
While the renewable energy momentum appears unstoppable, fundamental challenges risk undermining the pace and stability of the energy transition.
Potentia Energy buys major Australian renewable energy assets
Potentia said the purchase included 700 megawatts of wind and solar assets, and 430 megawatts of late-stage development projects consisting of the South Australian and Queensland Battery Energy Storage system.
Brazil's farmers bet on solar energy and batteries to stabilize power supply
Increased use of alternative energy in Brazil, the world's largest exporter of various food staples, means greater business for equipment providers, reduced dependence on fossil fuels, and more efficient farming.
Tata Power’s clean energy capacity to reach 16.7 GW, reports 10% YoY PAT growth
The company reported its 21st consecutive quarterly profit after tax (PAT) growth, posting ₹1,188 crore for the quarter ended December 31, 2024, marking a 10 per cent year-on-year increase.
NTPC, Indian Army sign 25-year PPA for solar-hydrogen microgrid in Chushul
The agreement was signed on February 3 by NTPC-Hydrogen Chief General Manager DMR Panda and Indian Army Brigadier and Chief Engineer (Leh) Aditya Harshey.
India to review tariff surcharges on solar cells, luxury cars, may spur US imports
In a bid to avoid President Donald Trump's growing tariff actions, India has already reduced average import tariff rates to 11% from 13% on several items in the latest budget.