Pumped Storage Plants: Are we doing enough?
The government’s new tariff-based competitive bidding (TBCB) for pumped storage plants (PSPs) marks a shift from past hydro policies. This aims to improve renewable energy management but requires substantial government support. Currently, India has no off-stream PSPs, and capacity assessments are…
Sembcorp secures 150MW wind-solar hybrid project from SECI
The project is expected to commence commercial operations within 24 months of the PPA signing and will be funded through a combination of internal funds and debt.
Azure Power secures REC, HSBC Refinancing; completes early bond prepayment
With this, over $500-million debt has been refinanced in the current financial year.
India’s Sustainability Push for Data Centers: A Progressive Move Towards Decarbonization
The data center industry resists MeitY's PUE benchmark of less than 1.35 due to cost and feasibility concerns. However, building energy-efficient infrastructure is vital for India's net-zero goals. A dialogue and incentives may help align industry efforts with sustainability targets.
AMPIN Energy Transition achieves financial closure for 200-MW solar-wind hybrid project
Project is expected to generate over 435 Million Units of Solar Energy annually.
Stride Green to facilitate $500 mn climate tech funding over 18-24 months
The platform focuses on enabling the electric vehicle (EV) ecosystem and is rapidly expanding to support key climate tech sectors such as renewable energy, green hydrogen, waste management, and circular economy solutions.
GE Vernova investing $1 bn in R&D for energy technologies: Ramesh Singaram
Industrial conglomerate GE recently split into three entities, housing energy business in GE Vernova. Ramesh Singaram, President and CEO, Gas Power Asia, GE Vernova talks about the implications of the split, key energy technologies including Small Modular Nuclear Reactors, Hydrogen Combustion and…
PMSGY registers 13 million sign-ups, adds 1.8GW rooftop solar capacity in 6 months
The scheme, aimed at adding 30 gigawatts (GW) of rooftop solar capacity across 10 million households by 2027, has already resulted in 385,000 installations, contributing 1.8GW of new capacity.
Waaree Energies to open IPO on Oct 21, 2024
Price band of the IPO has been fixed at Rs 1,427 per equity share to Rs 1,503 per equity share
Solar energy key to global climate action, says Pralhad Joshi at ISA curtain raiser
The seventh session of the ISA Assembly, scheduled from November 3 to 6, 2024, at Bharat Mandapam, New Delhi, is expected to see participation from ministers, senior officials, and private sector stakeholders from around the world.