Waaree Solar Americas starts 1.6 GW solar module production in Texas
23/01/2025Renewable Energy Translations
The facility aims to meet the increasing demand for photovoltaic (PV) modules in North America, contributing to the localization of solar manufacturing in the United States. The initiative is also expected to create jobs and reduce dependence on imported solar products.
Indian Oil's green hydrogen plant in Panipat will be commissioned within 2 years says Chairman, IOC
23/01/2025Renewable Energy Translations
In a significant step towards sustainability, Indian Oil Corporation (IOC) is set to commission its green hydrogen plant in Panipat, Haryana, within two years.
IH2A proposes $2.5 billion boost to green hydrogen mission
23/01/2025Renewable Energy Translations
The proposal aims to address slow project development and lack of offtake agreements, while accelerating the establishment of a green hydrogen economy in India.
India's renewable energy capacity reaches 217.62 GW with record additions in 2024
23/01/2025Renewable Energy Translations
The country’s renewable energy growth reflects a significant step toward its target of 500 GW of non-fossil fuel-based energy capacity by 2030.
India’s energy supply grows 6% in 2024, solar leads with 24.5 GW additions
23/01/2025Renewable Energy Translations
The report noted that renewable energy capacity surpassed the 200 GW milestone, with solar energy driving the growth.
Apollo Green Energy plans to launch IPO by Q4 CY25
23/01/2025Renewable Energy Translations
Plans to enter domestic solar manufacturing space by FY26.
Avaada Group receives financial commitments worth Rs 8,500 crore for 9 projects
22/01/2025Renewable Energy Translations
The financial closure for the 9 projects includes a mix of utility-scale independent power projects (IPPS), large-scale agri photovoltaic projects, merchant power generation projects, commercial and industrial projects and the group's green module manufacturing business.
Assam CM holds meeting in Seoul on renewable energy generation
22/01/2025Renewable Energy Translations
Assam Chief Minister Himanta Biswa Sarma on Tuesday discussed with one of the leading groups of South Korea in renewable energy generation and asserted that the state aims to generate 3,000 MW of clean energy in the next five years.
Global solar sector funding falls 24% to $26.3 billion in 2024: Report
22/01/2025Renewable Energy Translations
“2024 was a year of uncertainties for the solar industry, with inflation, high interest rates, trade disputes, and policy ambiguity contributing to declines in funding and M&A activity,” said Raj Prabhu, CEO, Mercom Capital Group.
CleanMax secures AED 99 million HSBC credit for UAE solar projects
22/01/2025Renewable Energy Translations
The solar projects will be deployed across industrial facilities, malls, schools, and universities.