APT Translations

The selection process for this model solar village will focus on villages with a population of over 2,000 and a strong engagement with non-conventional energy practices. The government will allocate Rs 1 crore to the chosen village to support green energy initiatives, he said.

This 100% indigenous technology, developed entirely by Indian scientists and engineers, is tailored for India’s environmental conditions and operates across a temperature range of -20°C to 60°C. With a lifespan of 20 years, the stack delivers hydrogen at 30 bar pressure, eliminating the need for additional compressors.

The move is aimed at boosting solar energy adoption among small businesses by making financing accessible and affordable.

However, venture capital (VC) funding in the sector saw a sharp 69% decline, amounting to $2.7 billion in 61 deals, down from $8.6 billion across 68 deals in 2023.

The Air Quality Index (AQI) was 363 at a 'severe' level with real-time air pollution PM2.5, and PM10. The temperature in the national capital was around 25 degrees Celsius in the morning.

It added that the proceeds from the fresh issue to the extent of Rs 7,500 crore will be used for investment in its wholly owned Subsidiary, NTPC Renewable Energy (NREL) for repayment or prepayment, in full or in part of certain outstanding borrowings availed by NREL, and general corporate purposes.

The agreement was signed by Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, and Mahesh Kolli, Group President of AM Green, during the Asia-Pacific Conference of German Business 2024 held in New Delhi.

IWTMA held its Annual General Meeting on October 25, 2024 at the Chennai Trade Centre.

Speaking at the Bhutan-India Renewable Energy Roundtable in Thimphu, Das outlined how such financing could accelerate the region’s clean energy transition. The event was jointly organised by the governments of India and Bhutan, focusing on enhancing renewable energy cooperation.

The funding is part of a larger ₹200 crore round that ARYA is raising to develop Compressed Biogas (CBG) projects in collaboration with Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation Limited (BPCL).