APT Translations

Masdar CEO Mohamed Jameel Al Ramahi and SRF Chairwoman Zhu Jun signed the MoU, which establishes a strategic partnership to support renewable energy projects developed, invested in, or operated by Masdar.

The group, which specialises in engineering and technology for the energy industry, plans to launch the new lab in Chennai to expand its research and development footprint, its Chief Operating Officer Loic Chapuis said at a capital markets day.

Tehri Hydro Development Corporation India Limited (THDCIL) has operationalised India's first variable-speed pumped storage plant (PSP) with a 250MW capacity by synchronising it to the national grid on Tuesday evening.

The signing ceremony, attended by Rajasthan Chief Minister Bhajan Lal Sharma, highlights the state’s push toward sustainable energy solutions. Rajasthan currently ranks second in India with 28,617 MW of installed renewable energy capacity.

About three-quarters of the 593.2 million shares offered were set aside for institutional investors, and were 96% subscribed. Bidding will end at 5 p.m. IST on the day.

As discussions in COP 29 tackle uphill tasks of climate finance amid geopolitical manoeuvrings, digitalization - artificial intelligence (AI) and big data – has presented itself as a central actor to optimizing energy consumption and reducing carbon footprint.

Authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

The report, Floating Solar Landscape 2024, stated that the APAC region is expected to achieve 57GWdc of the global FPV capacity by 2033, with India, China, and Indonesia leading with a combined installed capacity of 31GWdc.

A 13 GW solar power plant is being developed in Ladakh to meet the Union Territory’s energy needs and contribute to power requirements in other parts of the country, Union power and housing minister Manohar Lal said.

This partnership is expected to bring ₹2 lakh crore in investment to Andhra Pradesh and create substantial employment opportunities in the state.