India signs clean and fair economy agreements under IPEF, eyes ₹1.91 lakh crore in green investments
The agreement also facilitates project financing and joint collaborative projects, specifically targeting MSMEs and helping Indian companies integrate further into global value chains. These efforts include initiatives like the IPEF Catalytic Capital Fund and the IPEF Accelerator, designed to support green energy and climate resilience.
Kerala’s green hydrogen valley project to be set up with Rs 18,542 cr investment
The project is estimated to require Rs 731 crore funding from the government – Rs 45 crore to support techno-commercial assessments, Rs 351 crore for transmission infrastructure, Rs 264 crore for pipeline and refueling infrastructure, and Rs 70 crore for offtake infrastructure.
SECI plans IPO within two years, targets 10 GW capacity by 2030: CMD
Speaking to the media, Gupta said that SECI is aiming to achieve 10 GW of cumulative renewable energy capacity by 2030. The company currently has 122.7 MW of installed capacity.
Quad Summit, bilateral with Biden, diaspora event, 'Summit of the Future' on PM Modi's US visit agenda
The Sixth Quad summit brings together India, Australia, Japan, and the United States, with a commitment to work as a force for global good and to support an open, free, and inclusive Indo-Pacific that is prosperous and resilient.
Polysilicon prices forecast to rise on Chinese production cuts
The declines in production are being abetted by seasonal factors including a week-long public holiday in early October and drier weather reducing hydropower output and pushing up power costs, the China Silicon Industry Association said in a statement on Wednesday.
At UN summit, India calls for global shift to sustainable living
India has highlighted the importance of adopting sustainable lifestyles to tackle climate change at the UN Summit of the Future. Emphasizing affordable solutions, India pointed out that actions like saving energy and reducing waste could significantly cut global emissions by 2030. The country also promotes eco-clubs in schools and clean energy job creation.
India’s renewable energy share to reach 35% by FY2030, EV sector to attract ₹25,000 crore investment: Icra
India’s transition to green mobility and renewable energy presents both opportunities and risks. The renewable energy sector is expected to witness significant growth, but investments in energy storage and infrastructure remain vital to sustaining this growth.
India's Solar Energy to invest $2.2 billion in renewables by 2030, mulls IPO
Large power producers in India have been investing heavily in renewables and committing to expand green energy capacities, in tandem with the government's aim to add at least 500 GW of clean energy by 2030 to reduce carbon emissions.
Cantor initiates 'Overweight' rating on AESL in expanding energy markets
AESL has a diversified portfolio that includes transmission assets, distribution assets, and a smart metering business, with an enterprise value of USD 18.5 billion.
CESC arm signs pact to set up 686.85 MW wind project
CESC's subsidiary, Purvah Green Power Private Ltd, has signed an agreement with Ecoren Energy India to establish a wind power project of up to 686.85 MW. The project is expected to be completed within three years, pending necessary approvals. CESC specializes in the generation, transmission, and distribution of electrical power.