APT Translations

ReNew's co-founder Vaishali Nigam Sinha told PTI that about Rs 2 crore will be spent on solarising kitchens and this work will be completed within two months from the start of construction.

The strategic collaboration between the two public sector companies "marks a significant milestone in India's journey towards self-reliance in cutting-edge technology, aligning with the Government of India's vision of Aatmanirbhar Bharat", according to an HPCL statement.

This hydrogen system operates with a 1 MW electrolyser, generating high-purity hydrogen during daylight hours, primarily for industrial applications, including oil purification.

The ISA unveiled the Solar Data Portal, which will offer real-time data on solar resources, project performance, and investment opportunities across member nations. Also, the Global Solar Facility, a fund aimed at bringing commercial capital to underserved regions, including Africa, was introduced.

The report highlights a continued expansion in RE installed capacity. From January to September 2024, the country added 17,444 MW of solar and 2,626 MW of wind capacity, reaching a cumulative RE capacity of 201.46 GW. In September alone, about 1,501 MW of combined solar and wind capacity was added.

The Indo-Kazakh joint venture will utilize IREL’s surplus Ilmenite from its Odisha operations to produce high-grade titanium feedstock, with UKTMP JSC providing technology and offtake agreements.

The newly launched AI Zone at ADIPEC showcased innovative AI solutions, with tech leaders like Microsoft’s Neeraj Joshi and Carbon Clean’s Aniruddha Sharma presenting the latest in AI-driven clean energy projects.

The World Solar Market Report forecasts that global solar capacity could reach as high as 7,203 GW by 2030, fueled by climate goals under the Paris Agreement. Alongside this, the solar sector has seen employment soar to 7.1 million jobs worldwide—a 44% increase from last year—highlighting solar’s economic potential.

​The IPO will close on Friday, 8 November, 2024. Investors can bid for a minimum of 51 Equity Shares and in multiples of 51 Equity Shares thereafter.

​“There is a likelihood that just like other markets in India, it may lead to market consolidation, where eventually over time only a few of the largest manufacturers who are able to raise capital effectively and in a diversified way with backward integration will sustain,” Jyoti Gulia, CEO, JMK Research, a cleantech consultancy, told ETEnergyWorld.