Technip Energies plans strategic expansion in India
22/11/2024Renewable Energy Translations
The group, which specialises in engineering and technology for the energy industry, plans to launch the new lab in Chennai to expand its research and development footprint, its Chief Operating Officer Loic Chapuis said at a capital markets day.
India’s first pumped storage plant starts operating at Tehri
22/11/2024Renewable Energy Translations
Tehri Hydro Development Corporation India Limited (THDCIL) has operationalised India's first variable-speed pumped storage plant (PSP) with a 250MW capacity by synchronising it to the national grid on Tuesday evening.
Avaada to invest ₹5,800 crore in 1200 MW pumped storage project in Rajasthan
22/11/2024Renewable Energy Translations
The signing ceremony, attended by Rajasthan Chief Minister Bhajan Lal Sharma, highlights the state’s push toward sustainable energy solutions. Rajasthan currently ranks second in India with 28,617 MW of installed renewable energy capacity.
NTPC Green's $1.2 bln IPO fully subscribed on final day as India bets on renewable energy
22/11/2024Renewable Energy Translations
About three-quarters of the 593.2 million shares offered were set aside for institutional investors, and were 96% subscribed. Bidding will end at 5 p.m. IST on the day.
COP29: Harnessing Digital Power for Climate Action
22/11/2024Renewable Energy Translations
As discussions in COP 29 tackle uphill tasks of climate finance amid geopolitical manoeuvrings, digitalization - artificial intelligence (AI) and big data – has presented itself as a central actor to optimizing energy consumption and reducing carbon footprint.
Billionaire Gautam Adani Charged in US with bribery, fraud
22/11/2024Renewable Energy Translations
Authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.
Global floating solar capacity to reach 77GWdc by 2033, Asia-Pacific leads market
22/11/2024Renewable Energy Translations
The report, Floating Solar Landscape 2024, stated that the APAC region is expected to achieve 57GWdc of the global FPV capacity by 2033, with India, China, and Indonesia leading with a combined installed capacity of 31GWdc.
Ladakh to get 13 GW solar plant, ₹1,080-crore power projects underway
22/11/2024Renewable Energy Translations
A 13 GW solar power plant is being developed in Ladakh to meet the Union Territory’s energy needs and contribute to power requirements in other parts of the country, Union power and housing minister Manohar Lal said.
NGEL, NREDCAP seal ₹2 lakh crore pact for 25 GW renewable energy push
22/11/2024Renewable Energy Translations
This partnership is expected to bring ₹2 lakh crore in investment to Andhra Pradesh and create substantial employment opportunities in the state.
Global solar push could create 27 million jobs by 2050, cut emissions by 25%: ISA
22/11/2024Renewable Energy Translations
The report, titled “Unleashing the Role of Solar in Advancing Economic, Social, and Environmental Equity,” was unveiled by Union Minister of State for Environment, Forests, and Climate Change, Kirti Vardhan Singh, in the presence of Bhutan’s Secretary for Energy and Natural Resources, Karma…