India's power demand set to surge by 80 GW by 2027; experts recommend 50 GW solar expansion

According to the India Energy and Climate Center (IECC) at the University, peak electricity demand, which reached 250 GW in May 2024—an increase of 46 GW in just two years—could see an additional rise of 50-80 GW by 2027.

Rooftop solar scheme received Rs 3,135 crore as CFA over past three years

“As on 26 July 2024, a total of 1.29 crore registrations and 15.27 lakh applications have been received from the consumers on the scheme’s National Portal,” the minister of state for new and renewable energy and power, Shripad Naik, in his reply to a question in the Rajya Sabha.

Sunsure Energy starts supplying 10.5 MUs green power in UP

The company will supply 10.5 million units of green energy to the two entities located in Uttar Pradesh, Sunsure Energy said in a statement.

Empowering the Future: KBR’s Innovations in Global Energy Transition

In conversation with Hari Ravindran, SVP & Global Head, KBR Technology Solutions, who outlines today’s industry landscape and the role of sustainable solutions…

Adani Energy share sale gets three-fold bids as buyers pile in

The planned $1 billion share sale comprises of a base issue size of $700 million and an option to raise the rest. The shares are offered at an indicative price of 976 rupees, according to the terms of the deal obtained by Bloomberg News.

EIB and Deutsche Bank team up to support EU wind power industry

The so-called counter guarantee is the first in a 5 billion euros initiative mapped out by the European Union's development bank in December to boost wind power capacity in the bloc.

India not responsible for climate crisis, should not repeat West's mistakes: Commonwealth SG

In an interview with PTI, Scotland said India has the opportunity to lead a just and equitable energy transition by sharing expertise and technology within the 56-nation club called Commonwealth, which represents 2.7 billion people.

EU suggestion on carbon tax not to help Indian firms much: GTRI

The main issue is that carbon prices are usually based on a country's economic situation, so simply adding a local tax would not reduce the overall tax burden significantly, the Global Trade Research Initiative (GTRI) said.

Deep-sea mining may be necessary for a greener future

The problem is that the bottom of the sea isn’t one uniform environment but has its own mountains and valleys and unique ecosystems, some of them unexplored. The areas with all the minerals are among the most mysterious.

First Solar's second-quarter profit jumps on strong sales volumes

Many solar project developers favor First Solar's cadmium telluride products because this technology does not depend on polysilicon, a raw material largely produced in China and used in most solar panels.