India's solar equipment manufacturing poised for healthy growth next 2-3 years entailing Rs 1 lakh crore capex: CareEdge
India's solar equipment manufacturing capacity is poised for healthy growth over the next 2-3 years, entailing a capex of nearly Rs 1 lakh crore, asserted CareEdge Ratings.
Siemens Gamesa sells power electronics biz to ABB for undisclosed amount
The business designs and manufactures converters, inverters and control cabinets for wind, solar and storage industries, Siemens Energy said in a statement.
1L solar-powered agri pumps installed: MSEDCL
MSEDCL has installed 1 lakh agriculture solar pumps across the state under the Magel Tyala Saur Krushi Pump Yojana, officials said.
IMFA partners with JSW Green Energy for renewable power in smelting operations
In a statement, the company said IMFA signed a binding term-sheet with JSW Green Energy One Ltd and JSW Green Energy Seven Ltd, and will invest Rs 83.26 crore in a hybrid project that combines 50 megawatt (MW) AC solar and 100 MW of wind for a total contracted capacity of 70 MW.
Gujarat: Banaskantha's Masali becomes country's first 'solar village' in border area
In a significant milestone for the country's solar energy program, the Masali village in Gujarat's Banaskantha district has become the country's first 'solar village' on the border.
Renewable energy projects facing up to 12-month delay in signing of PPAs
India’s renewable energy sector is grappling with sizable delays in signing of power purchase agreements (PPAs) with 80-90 GW projects under pipeline and about 40-45 GW facing delays, according to industry experts.
Domestic solar cells capacity to be over 47 GW by June 2026: CRISIL
High prices can push up the capital cost for solar developers and, in turn, tariffs
Increased govt support measures can help achieve India’s 2030 clean energy goals, unlock co-benefits
The central government has set ambitious goals to ramp up a range of clean technologies by 2030 as part of its strategy to increase energy independence, energy security, and energy access while promoting industrial development and reducing air pollution and greenhouse gas emissions.
India set for 12-fold increase in energy storage capacity to 60 GW by FY32: SBI Report
This will surpass the growth anticipated for renewable energy sources themselves. The country's energy storage landscape is evolving rapidly, with the proportion of RE projects incorporating storage solutions increasing significantly, from 5 per cent in FY20 to 23 per cent in FY24.
BCL Industries invests Rs 150 crore to set up bio-energy plant in West Bengal
Renewable energy player BCL Industries on Wednesday said it is setting up a bio-energy plant in West Bengal with an investment of Rs 150 crore. The company has also received an environment clearance for its 75 KLPD (kilo litres per day) plant coming up in Kharagpur, it said.