Tata Power Renewables, IndusInd Bank join hands to offer solar financing for MSEs
29/10/2024Renewable Energy Translations
The move is aimed at boosting solar energy adoption among small businesses by making financing accessible and affordable.
Energy storage funding jumps 15% to $17.6 bn in first nine months of 2024: Report
29/10/2024Renewable Energy Translations
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.
Delhi air pollution situation remains grim as quality AQI plummets
29/10/2024Renewable Energy Translations
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.
NTPC Green Energy gets Sebi nod for Rs 10,000-crore IPO
28/10/2024Renewable Energy Translations
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.
BASF, AM Green ink MoU for low-carbon chemical production in India
28/10/2024Renewable Energy Translations
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.
Suzlon Vice-Chairman Girish Tanti appointed as IWTMA Chairman
28/10/2024Renewable Energy Translations
IWTMA held its Annual General Meeting on October 25, 2024 at the Chennai Trade Centre.
Renewable energy projects need debt financing over grants: IREDA CMD
28/10/2024Renewable Energy Translations
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.
ARYA raises ₹100 crore for biogas projects in joint ventures with IOCL, BPCL
28/10/2024Renewable Energy Translations
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).
Masdar, EMSTEEL complete MENA’s first green hydrogen steel pilot project
28/10/2024Renewable Energy Translations
The pilot, now fully operational, uses green hydrogen to extract iron from iron ore, a crucial step in the steel production process.
AMPIN Energy, Varroc Group ink 27MWp solar project deal in Maharashtra
28/10/2024Renewable Energy Translations
This new power purchase agreement (PPA) comes after the successful implementation of AMPIN’s earlier solar projects in Maharashtra, Karnataka, Uttar Pradesh, and Tamil Nadu, further solidifying the partnership between the two companies.