Bihar Business Connect 2024: Sun Petrochemicals pledges Rs 36,700 cr investment in state

Sun Petrochemicals on Friday inked a pact with the Bihar government pledging Rs 36,700 crore investment commitment in the renewable energy sector.

Ashoka Buildcon to invest Rs 9,000 cr in green hydrogen plant in Bihar

Ashoka Buildcon will invest Rs 9,000 crore in Bihar. The company signed an agreement with the state government. The plant will produce green hydrogen. A 1,250 MW solar project will power the plant. The first phase will be in Begusarai. It will take 1.5-2 years to complete.

Waaree Energies begins trial production at US solar module plant

Homegrown Waaree Energies is the first Indian renewable energy company to establish a PV module manufacturing facility in Brookshire, Texas, United States.

India initiates anti-dumping probe into imports of solar glass from China, Vietnam

India has initiated an anti-dumping probe into imports of certain solar glass from China and Vietnam, following a complaint by domestic players. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of 'Textured Tempered Coated and Uncoated Glass' made or from China and Vietnam.

Maha to source 52% energy from renewables by 2030: CM

"Currently, the state has 9 lakh agricultural pumps in use and will provide solar pumps to those who request them, giving connections within three months," he said, while reassuring farmers that govt has initiated projects to generate 16,000MW of solar energy in the state.

West Bengal govt must rise above politics to roll out PM Surya Ghar scheme: Joshi

"The state government needs to provide a proper direction on net metering to the discoms as this remains the key hurdle," Joshi told PTI on the sidelines of a meeting in Kolkata where he reviewed the implementation of the scheme in the eastern and northeastern states.

Adani Green completes funding of reserves for $750 million Holdco Bond

Adani Green Energy (AGEL) has completed the funding for the USD 750 million 4.375 notes due September 9, 2024 (Holdco Notes) with the receipt of the funds under the preferential allotment of Rs 9,350 crore to the promoters of the company, thereby boosting investors' confidence, the Adani Group company said in a release on Monday.

LONGi and IUCN jointly release the Initiative of Advancing Climate Action and Biodiversity Conservation with Photovoltaic

LONGi, in conjunction with the International Union for Conservation of Nature (IUCN), released the "Initiative of Advancing Climate Action and Biodiversity Conservation with Photovoltaic". LONGi’s Vice President and Chief Sustainability Officer Zhang Haimeng, IUCN Deputy Director General Stewart Maginnis, and Ant Group Director of Sustainable Development Wang Xiaoying attended and witnessed the event.

Tata Power and Canara Bank partner to promote rooftop solar systems

The collaboration aims to make solar energy accessible to households by providing affordable financing options and fostering a transition toward clean energy solutions.

Renewables see 60% growth in financing, coal firms secure $3 billion in corporate loans: Report

The report highlights a 63% increase in renewable energy financing, totaling INR 30,255 crore (USD 3.66 billion), but also reveals significant corporate financing of INR 25,945 crore (USD 3.14 billion) for coal-linked companies in 2023.