Historic RE-Invest event drew Rs 32.45 lakh crore investment commitments: MNRE Minister Pralhad Joshi
The government has received record investment commitments worth Rs 32.45 lakh crore up to 2030 through "shapath patras". State governments have given commitments for setting up 520 GW RE capacity and manufacturers have committed additional manufacturing capacity of 340 GW for solar modules, 240 GW…
Hygenco, REC enters into MoU to finance green ammonia project in Odisha
Under the MoU, REC will fund up to $280 million for the project, even as Hygenco is planning to invest about $2.5 billion years towards its green hydrogen and green ammonia projects across India in the next few years.
India, US for giving push to sustainable aviation fuel, hydrogen in buses
The two countries highlighted the importance of modernising the power distribution sector to supply 24x7 reliable power to consumers, welcomed support for India's smart metering deployment, as well as expanded efforts on inverter-based resources, power market reforms, system inertia estimation, and…
REInvest: PM's advisor Tarun Kapoor says price of solar should come down to Re 1 per unit
Speaking at the Global Renewable Energy Investors Summit in Gandhinagar, Kapoor said this cost reduction will require innovation on multiple fronts, including power transmission and grid integration. "RE is not just solar and wind. We have to be able to change the load curve to make power…
REInvest 2024: Who committed how much renewable energy capacity creation
Among the other significant capacity commitments that were promised at the event on Monday include Avaada's 25,300 Mw, Ampin Energy's 21,000 Mw, Greenko's 20,000 Mw, SJVN Green Energy's 15,500 Mw, Tata Power Renewable Energy's 15,234 Mw, and SECI's 10,000 Mw.
Green hydrogen surge: India targets ₹10.6 lakh crore investment to fuel 135 GW clean energy
According to a report by the Council on Energy, Environment, and Water (CEEW), the production of green hydrogen will require 84 GW of wind energy and 51 GW of solar energy. The states of Gujarat and Tamil Nadu will play a critical role in this energy transition, contributing 43% and 24%,…
Renewable energy minister Pralhad Joshi meets German, Danish officials; focuses of boosting ties in clear energy space
Addressing at the Launch of India-Germany Platform for Investments in Renewable Energy Globally, the minister said, “Germany has been our trusted partner in India’s renewable energy journey… I am sure that Indo-Germany collaboration will expand manifolds in coming years.”
SECI invites proposals for 500-MW offshore wind energy project in Gujarat
Project to be set up in Gujarat with viability gap funding of about Rs 8 crore per megawatt
REInvest: ReNew to invest Rs 31,500 crore in solar power plants, manufacturing facilities
The company today signed an MoU with the state government detailing the investments at the ongoing REInvest event in Gandhinagar.
REInvest: Renewable energy companies commit Rs 32 lakh crore investment
The commitments came at the ongoing REInvest event being organised by MNRE in Gandhinagar, Gujarat. Prime Minister Narendra Modi inaugurated the event today assuring investors of "better guaranteed returns" in the renewable energy industry.