Sunsure Energy, REC sign MoU for Rs 10,000 cr to develop green energy projects
The MoU was signed on the sidelines of the 4th Global RE-Invest Meet and Expo organized by the Ministry of New and Renewable Energy in Gandhinagar, Gujarat.
INOXGFL Group’s IGREL Renewables raises Rs 300 cr equity capital from marquee investors
The company has a target to reach an installed renewables capacity of 2 GW by FY27 comprising of both wind and solar capacities
Uttar Pradesh secures ₹1.15 lakh crore investments for green hydrogen, ammonia projects
The government’s ‘Uttar Pradesh Green Hydrogen Policy 2024’ offers administrative and financial incentives to promote green hydrogen and ammonia production. The Indian BESS market, forecasted to grow at a compound annual growth rate (CAGR) of 11.41% until 2032, will play a key role in the state’s…
RE-INVEST 2024: REC sign MoUs worth ₹1.12 lakh crore for renewable energy projects
The agreements will support projects spanning across solar, wind, hydroelectric power, and battery energy storage systems, with implementation set over the next five years.
Jindal India Re to build 1 GWh battery pack assembly, eyes 5 GWh capacity by 2027
The company’s foray into BESS aligns with the rapid growth in the sector, driven by government policies pushing for renewable energy adoption and grid stability. The Indian BESS market is projected to grow at a CAGR of 11.41% until 2032, highlighting the significant potential for growth in this…
India should not be seen as 3rd or 4th-largest GHG emitter due to low per capita emissions: Minister
"India should not be viewed as the world's third or fourth-largest emitter of greenhouse gases. While we might rank 'fourth or fifth' in terms of (cumulative) carbon emissions, our per capita emissions are significantly lower than those of developed countries," he said.
Gautam Solar enters solar cell manufacturing, to invest Rs 1,000 cr in facility
The company aims to enhance its competitiveness by offering high-quality, DCR-compliant solar cells, positioning itself as a strong alternative to Chinese manufacturers, who currently dominate the Indian solar cell supply chain.
India's Hero Future Energies plans to invest $20 billion in renewables over 6 years
Hero Future Energies, backed by global investors such as KKR and International Finance Corporation (IFC), aims to increase its capacity to 30 gigawatts (GW) by 2030 from an installed 1.9 GW currently.
Torrent Power bags 1,500 MW pumped hydro storage project
Under the Pumped Hydro Energy Storage Facility Agreement (PHESFA), the company shall make available to MSEDCL a contracted capacity of 1,500 MW capable of scheduled discharge of eight hours (with maximum continuous five hours) per day.
We will focus on monitoring the investment commitments at RE-Invest: MNRE Minister Pralhad Joshi
Minister of New and Renewable Energy Pralhad Joshi is a satisfied man, with the successful conclusion of RE-Invest, his ministry's flagship event that has managed to attract huge investment commitments from investors. The next step is to ensure the commitments are honoured, he says in an exclusive…