India's solar panel exports surge as world looks beyond China
India is emerging as a major exporter of solar photovoltaic (PV) cells as countries look for alternatives to China for sourcing supplies in their switch to renewable energy to fight climate change.
36% dip in emission intensity in 2020 against 2005 level: Govt
India has successfully reduced the emission intensity of its GDP by 36% in 2020 compared to 2005 levels, reflecting significant progress towards its climate goals. The country also reports a notable increase in cumulative renewable power installed capacity, aiming for 50% from non-fossil sources by…
Waaree secures 150 MW solar module order for FY26
The project will utilize Waaree’s Glass N-type Topcon bifacial modules rated at 585/590Wp. These high-efficiency solar modules are scheduled for delivery in the financial year 2025-26, the company said.
Mumbai-based startup Manastu tests its green propulsion system in space
Mumbai-based Manastu Space successfully test-fired its Vyom 2U thruster onboard the PSLV Orbital Experimental Module-4 (POEM) on New Year's Eve. The POEM-4 platform, comprising the fourth stage of the PSLV-C60 rocket that launched the SpaDeX satellites on Monday, is now in orbit at an altitude of…
IREDA loan disbursement up 41% to Rs 17,236 crore in Q3
State-owned Indian Renewable Energy Development Agency (IREDA) has achieved a remarkable 41% growth in loan disbursements, reaching Rs 17,236 crore in the December quarter. Loan sanctions surged by 129% Year-on-Year to Rs 31,087 crore. The outstanding loan book increased by 36%, reflecting…
India enters 2025 as global lighthouse with 214 GW green energy capacity: Pralhad Joshi
As India ushers in New Year, it rounded off 2024 with 214 GW installed green energy capacity, according to figures compiled by the Ministry of New and Renewable Energy, while the country is firmly on track to meet its ambitious target of achieving 500 GW energy capacity from non-fossil fuels by…
Two more solar power projects for farmers come up in Jalna district
The 6 MW solar project at Hiwardi, installed within a 5 km radius of agriculture-dominated substations, is already operational and supplying electricity to 30 villages, benefiting 2,570 agricultural connections.
Power Grid inks USD 200 mn green loan pact with SMBC
This facility denominated in JPY for a US Dollar equivalent of 200 million with a greenshoe option of USD 150 million highlights the strategic collaboration between Power Grid and SMBC to develop critical infrastructure for renewable energy evacuation and integration into the national grid, a…
IFC, ADB, DEC get CCI's clearance to acquire stake in Fourth Partner Energy
CCI has approved the acquisition of certain shareholding in Fourth Partner Energy by IFC, ADB, and DEG to support its expansion in renewable energy. Additionally, CCI cleared Mars Inc's $35.9 billion acquisition of Kellanova, a leader in global snacking and frozen foods, to enhance its product…
2024 – a Year of Records for Renewables, Yet Progress Falls Short to 3xRenewables by 2030
2024 marks a pivotal moment in the global energy transition as renewable energy surges to unprecedented heights. Yet, despite the remarkable progress, the pace of change remains insufficient to meet the ambitious goal of tripling renewable energy capacity by 2030