India's power sector has potential of INR 40 trillion investment over next decade: Motilal Oswal
The tailwinds driving this "mammoth" investment are power demand accelerating at a higher CAGR, upgrading or replacing old power infrastructure as the electricity mix undergoes a shift, and transitioning to cleaner energy sources.
Infographic: Renewable Power Generation Costs in 2023
Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels.
Himachal Pradesh govt has decided to venture into pumped storage projects: CM Sukhu
Himachal Pradesh Chief Minister Sukhvinder Sukhu on Tuesday said the state government had decided to venture into the technologically advanced domain of Pumped Storage Projects (PSPs), as these projects were considered one of the most reliable in balancing power supply from renewable sources such…
Wind, solar need to grow three times faster than current yearly rates to limit warming to 1.5°C
A report from Climate Analytics and NewClimate Institute stresses the urgent need for expanding wind and solar power in key nations to limit warming to 1.5°C. India must more than triple its capacity by 2030, needing international climate finance support for this transition, while also moving away…
Adani Energy, Adani Green join Utilities for Net Zero Alliance to aid India's Net Zero goal
Adani Green Energy Ltd (AGEL) and Adani Energy Solutions Ltd on Tuesday said they have joined the Utilities for Net Zero Alliance (UNEZA) to help India accelerate the adoption of renewables and overcome common barriers in the realisation of global Net Zero ambitions.
Sterling and Wilson Renewable Energy gets 2 new orders worth Rs 512 cr
The company received orders for a 250 MWp DC project in Gujarat and a 65 MWp DC project in Maharashtra from private independent power producers. This highlights the confidence of existing clients in SWREL's capabilities.
Nirmala Sitharaman discusses renewable energy, UPI with Uzbekistan Trade Minister in Samarkand
The two leaders acknowledged the successful agreement towards the Bilateral Investment Treaty (BIT) between India and Uzbekistan and agreed that the signing of BIT will bolster investor confidence in each other's market
India may miss the net-zero emission target by a decade unless it accelerates green hydrogen economy
The green hydrogen sector stands as a critical pillar of India's energy transition strategy, necessitating urgent investment and policy support to unlock its potential. India must expedite the development of its green hydrogen economy.
Record Growth Drives Cost Advantage of Renewable Power
Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today.
New and Renewable Energy Minister Pralhad Joshi to launch Economic Times Energy Leadership Summit 2024
The opening session of the two day summit will be attended by the "who's who" of the energy sector including Bhupinder Singh Bhalla, Secretary, Ministry of New and Renewable Energy (MNRE); S C L Das, Secretary, Ministry of Micro, Small and Medium Enterprises; Ajay Kumar Sood, Principal Scientific…