Energy Vault, Enervest to develop $350 mln energy storage project in Australia
As more companies and countries move towards clean energy to help tackle climate change, BESSs can come in handy to store excess energy generated from renewable sources that can be used during periods of low power generation or high demand.
"Companies are ready to come to India," says Rajasthan CM after he concludes his visit to UK, Germany
The summit will be held from December 9 to 11 in Jaipur. It will feature plenary sessions on key sectors such as agriculture, renewable energy, education, auto and EVs, infrastructure, tourism, and startups.
Brookfield Properties to supply green power to campuses in Delhi-NCR
Brookfield Properties sources renewable energy from the Bikaner Solar Power Project in Rajasthan to supply green power to four office campuses in Delhi-NCR. This initiative, which will reduce CO2 emissions by over 20,000 tonnes annually, leverages the Inter State Transmission System (ISTS) bilateral arrangement for energy distribution.
Turkey aims to boost renewable energy share in electricity production
Turkey is aiming to further boost the share of renewable energy in its electricity production to 47.8 per cent by 2025, according to a report by the semi-official Anadolu Agency, citing the 2025 budget proposal of the Energy and Natural Resources Ministry.
Oriana Power to set up 1-GW green hydrogen electrolyser plant with $60-mn investment
Plans to raise equity in next four to five months.
Waaree Energies’ IPO taps into a 357% rally in renewable stocks in India
Waaree Energies Ltd is valued at $5 billion at the upper end of its price range of 1,427 rupees to 1,503 rupees. Its shares, which have attracted investments from Goldman Sachs Group Inc, BlackRock Inc, and Morgan Stanley, will start trading next week.
India Century to promote humanity's triumph: PM Modi
Prime Minister Narendra Modi on Monday said that the India Century would be the century of the entire humanity's triumph and it will be a century to grow and prosper with talent, innovation and equal opportunity to all.
UN Climate Secy gives call to "step up, scale up" climate finance ahead of COP29
With over a trillion dollars invested in climate action last year globally, a UN official affirmed that international climate finance must grow up, step up, and scale up, to ensure a transition where more countries and companies benefit, and where all peoples and communities are genuinely protected.
Borosil Group aims to cross Rs 7,000-cr revenue in next 4 years
It plans to invest Rs 250 crore for expansion and capacity augmentation to meet the demand, in which it intends to invest about Rs 150 crore on a new plant in Gujarat for Borosil Ltd, which is in the business of products such as glassware and cookware, said Kheruka.
Meeting 2030 renewable energy target may push India's solar equipment imports to $30 bn/yr: GTRI
To meet the government's target of installing 500 GW of renewable energy by 2030, India needs to significantly ramp up installations to 65-70 GW each year, with over 80 per cent of this target expected to come from solar power, according to the Global Trade Research Initiative (GTRI).