Airox Nigen sets up 600 MW solar module manufacturing line in Haryana

Situated in a 17-acre renewable energy Park in Rohnat, Haryana, the project is set to become a major hub for sustainable energy innovation, the company said in a statement.


Mahindra Group's solar division committed to investing Rs 11K cr in Rajasthan: Anand Mahindra

Mahindra Group's solar division is investing ₹11,000 crore in Rajasthan to add 2.8 GW of solar capacity to its existing 1.1 GW. This investment has already created 5,000 jobs, with significant increases planned. Club Mahindra also intends to double its six properties in the state.


Nuclear power twice as expensive for Australia as renewables: Report

A draft of the 2024-25 GenCost report, published on Monday by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Australian Energy Market Operator (AEMO), identified solar and wind generation backed by storage and transmission as Australia's cheapest electricity option,…


Aditya Birla Group to invest Rs 50,000 cr in Rajasthan

Aditya Birla Group Chairman Kumar Mangalam Birla said the group's investment will include Rs 6,000 crore in renewable energy over the next 1-2 years.


Govt plans to cut logistics costs to single digit in 2-3 years: Nitin Gadkari

The logistics cost in India is currently 14-16 per cent and "we will reduce the logistics costs as far as speed is concerned. I am sure that within two to three years, the logistics cost will be nine per cent, which would significantly enhance India's economic competitiveness", said the minister.


Telangana bags fresh manufacturing investments worth Rs 7600 crore

Telangana secured Rs 7,600 crore in investments across diverse sectors, creating around 5,200 jobs. Four MoUs were signed with eyewear manufacturer Lenskart, renewable energy and energy storage solutions provider Premier Energies, and aerospace and defence company Azad Engineering, in the presence…


Adani's solar contract has tariff lower than competition, can find new buyer: Analysts

US authorities have charged Adani Group Founder-Chairman Gautam Adani and others for being part of a scheme to offer USD 265 million bribe to Indian officials to gain a contract to supply 8 gigawatt of electricity generated from solar energy by Adani Green Energy Ltd (AGEL).


3-fold rise in rooftop solar in island city in 2 years

In the past two years, there has been a three-fold rise in solar installed capacity -- from 580 Kwp to 17,679 Kwp -- between Cuffe Parade-Colaba and Sion-Mahim. Most of these are schools, colleges, hospitals, and govt edifices.


Gautam Adani did not meet CM to discuss solar power deal: Senthilbalaji

The minister said it was AIADMK govt that signed a direct deal with Adani Group to purchase 648 megawatts of solar power at `7.01 per unit in 2015 when there was no renewable purchase obligation (RPO), as is imposed by the Centre now.


Waaree Energies sets up arm in Australia

Waaree Energies announced the incorporation of a new subsidiary, Waaree Renewable Energies Australia PTY Ltd, aimed at expanding its renewable energy business in Australia. The wholly owned subsidiary was established on December 6, 2024, according to a filing with the Bombay Stock Exchange (BSE).…