Energy compacts garner $1.4 trillion to tackle global electricity and clean cooking crisis by 2030
This substantial financial pledge was highlighted in the third edition of the Energy Compacts Annual Progress Report, released at the EnergyNow SDG7 Action Forum held on the sidelines of the UN General Assembly.
Hartek Group hits 10 GW installation milestone, sets revenue goal of ₹10,000 cr by 2030
This milestone underscores the company's pivotal role in strengthening grid infrastructure and propelling India's transition to renewable energy.
India's renewable push: 91 GW in tendering to boost 500 GW capacity goal by 2030
"India's dynamic entry into large-scale renewable energy tendering is a robust indicator of our serious commitment to achieving the 500 GW capacity target set for the end of this decade," Joshi said.
India's power sector has potential of INR 40 trillion investment over next decade: Motilal Oswal
The tailwinds driving this "mammoth" investment are power demand accelerating at a higher CAGR, upgrading or replacing old power infrastructure as the electricity mix undergoes a shift, and transitioning to cleaner energy sources.
Infographic: Renewable Power Generation Costs in 2023
Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels.
Himachal Pradesh govt has decided to venture into pumped storage projects: CM Sukhu
Himachal Pradesh Chief Minister Sukhvinder Sukhu on Tuesday said the state government had decided to venture into the technologically advanced domain of Pumped Storage Projects (PSPs), as these projects were considered one of the most reliable in balancing power supply from renewable sources such as solar and wind energy.
Wind, solar need to grow three times faster than current yearly rates to limit warming to 1.5°C
A report from Climate Analytics and NewClimate Institute stresses the urgent need for expanding wind and solar power in key nations to limit warming to 1.5°C. India must more than triple its capacity by 2030, needing international climate finance support for this transition, while also moving away from coal dependence.
Adani Energy, Adani Green join Utilities for Net Zero Alliance to aid India's Net Zero goal
Adani Green Energy Ltd (AGEL) and Adani Energy Solutions Ltd on Tuesday said they have joined the Utilities for Net Zero Alliance (UNEZA) to help India accelerate the adoption of renewables and overcome common barriers in the realisation of global Net Zero ambitions.
Sterling and Wilson Renewable Energy gets 2 new orders worth Rs 512 cr
The company received orders for a 250 MWp DC project in Gujarat and a 65 MWp DC project in Maharashtra from private independent power producers. This highlights the confidence of existing clients in SWREL's capabilities.
Nirmala Sitharaman discusses renewable energy, UPI with Uzbekistan Trade Minister in Samarkand
The two leaders acknowledged the successful agreement towards the Bilateral Investment Treaty (BIT) between India and Uzbekistan and agreed that the signing of BIT will bolster investor confidence in each other's market