Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million
2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO).
NTPC Green Energy signs MoU with Rajasthan for 25 GW renewable energy projects
The MoU was exchanged during the Rising Rajasthan Investor Meet in New Delhi between K S Sundaram, Director (Projects), NGEL, and Alok (IAS), ACS (Energy), in the presence of Rajasthan Chief Minister Bhajan Lal Sharma.
REC raises CBDT notified zero coupon bonds of Rs 5,000 crore
ZCB are issued at deep discount and are redeemed at face value. Since these ZCBs are CBDT notified, investors are benefitted in the form of lower taxation as redemption of ZCB on maturity is treated as long term capital gain and is accordingly taxed at much lower rate of 12.5 per cent per annum.
Nextracker inaugurates India's first center for solar excellence in Hyderabad
The CFSE is set to advance solar tracker technology and support the region's energy transition. It aims to foster innovation in design, construction, operation, and maintenance of solar trackers, in collaboration with supply chain partners and third-party laboratories.
GreenH Electrolysis unveils 1 MW PEM electrolyser to fuel India's first hydrogen train
The electrolyser, which will be stationed at the hydrogen production and refueling facility in Jind, Haryana, is designed to produce approximately 430 kg of hydrogen daily at a delivery pressure of 40 bar (g) and will adhere to ISO 14687 standards for fuel cell applications.
Vikram Solar files DRHP with SEBI for IPO
The IPO has a face value of Rs 10 per equity share and includes a reservation for eligible employees, alongside a discount for those participating in the employee subscription portion.
Solex Energy announces ₹8,000 crore investment, 15 GW expansion of solar module capacity
The Tapi-R series includes a 12-year product warranty and a 30-year performance guarantee, setting a new standard in solar energy generation, particularly for large-scale projects in challenging environments.
Vivriti Capital secures $25 million from ADB for climate finance projects
At least 30% of the funds will be directed toward the EV ecosystem, such as charging stations and battery-swapping infrastructure, in addition to on-lending to retail borrowers for EV purchases. The financing will also support enterprise and retail borrowers in waste management sectors, aligning…
Tata Power signs ₹1.2 lakh crore MoU with Rajasthan for renewable energy projects
The MoU was signed during the Rising Rajasthan Investor Meet in New Delhi in the presence of Rajasthan Chief Minister Bhajan Lal Sharma and other state officials. The agreement will support Rajasthan’s goal of providing 24/7 clean and reliable power.
Govt rewards CSMC of Rs1.5 Cr under Majhi Vasundhara Abhiyan
The initiative has recognised the best practices of the civic body in solid waste management and efforts towards addressing climate change-related issues under a campaign by the department of environment and climate change of the state govt.