India's renewable energy sector generated over 10 lakh jobs in 2023
Employment in the Indian renewable energy sector reached an estimated 1.02 million (10.02 lakh) in 2023, highlighting the country's growing leadership in clean energy and its focus on creating green jobs that drive economic growth, the government said on Friday.
Jakson Green nears $476 mln fundraise for renewables capacity expansion
Jakson Green is nearing a 40 billion-rupee fundraise, aiming to add 1 GW to its renewable energy capacity by early 2026. Partnering with green energy funds, the company plans a 75% debt and 25% equity investment, further enhancing India's clean energy targets.
Green hydrogen hype fades as high costs force project retreat
In recent months, some of the biggest would-be developers of the fuel have canceled projects, axed orders and scaled back investment plans. The low-carbon fuel is simply too expensive to stimulate demand in many sectors of the economy.
Matrix Gas & Renewables aims to raise up to $143 million in IPO
Matrix Gas & Renewables, which is a unit of Gensol Group, plans to file for its IPO next year, Kotecha told Reuters on the sidelines of the Renewable Energy India Expo.
Guiding India's renewable path: Meet MNRE’s new secretary Prashant Kumar Singh
Singh, an alumnus of IIT Delhi with a master's in Public Policy & Sustainable Development from TERI University, has taken the reins at a pivotal moment in India's renewable energy transition.
Cabinet approves India’s entry into elite global energy efficiency hub
This strategic move underscores India's commitment to bolstering global collaboration in enhancing energy efficiency and aligns with its objectives to curb greenhouse gas emissions.
Power ministry sets new benchmark for biomass pellet pricing in NCR to foster co-firing in power plants
This pricing directive aims to facilitate the integration of sustainable biomass utilization in energy production, supporting India’s environmental and energy diversification goals.
Colombia seeks $40bn in investment towards energy transition
The country's first left-wing president, Gustavo Petro, last year halted all new concessions for oil, coal and gas exploration as part of his government's commitment to combat climate change.
Global hydrogen production set to surge despite uncertainties: IEA
The report highlights that electrolyser capacity with final investment decisions now totals 20 gigawatts (GW) worldwide, with China accounting for over 40% of new capacity.
Alpex Solar to invest Rs 642 cr for 1.6-GW solar cell manufacturing capacity
The firm is targeting 500-MW capacity by October 2025, with the remaining 1.1 GW to be achieved by September 2026 in two phases.