India
World Bank OKs $1.5b for India’s low-carbon transition
World Bank OKs $1.5b for India’s low-carbon transition
This will boost the development of green hydrogen and renewable energy.
India’s coal stocks at thermal plants up 33% YoY in June
Supply still meets the 18.5-day requirement.
IEEFA urges India to boost utility-scale solar amidst higher electricity demand
It should not only rely on thermal energy.
Juniper Green signs PPAs for 2 RE projects in Rajasthan and Gujarat
One of the projects is a wind-solar hybrid power plant.
India increases green ammonia allocation for fertiliser sector
It added 200,000 tonnes per annum.
L&T to develop 185-MW solar PV project in India
It will also build an energy storage plant.
India OKs $1.63m new transmission schemes
These will be implemented through competitive bidding.
Enhancing Financing Availability is Crucial for Achieving India’s Decarbonisation Goals
For India to achieve its net-zero target by 2070, a comprehensive transition to renewable energy is imperative. This necessitates a multifaceted approach, encompassing policy frameworks, investment strategies and technological advancements.
India approves VGF scheme for offshore wind projects
It includes funding for two 500 MW projects in Gujarat and Tamil Nadu.
India’s Adani Group to boost energy transition with $100b investment
The company said it is already building a 30-GW renewable energy park.
India logs highest peak demand amidst heatwave
Measures have been implemented to ensure enough power supply.
IFC commits $105m for solar power project in India
This will be through long-term non-convertible debentures.
Adani Power adds Mirzapur Thermal Energy as new subsidiary
It acquired five million shares in Mirzapur Thermal Energy.
Solarpack wins 25-year PPA to supply clean energy to SJVNL
The power will be generated from the 482 MW Ganeko hybrid project.
India requires $385b investment for power sector transition
The country aims to reach 500 GW of renewable energy by 2030.
India issues selection request for green ammonia production
The 539,000 green ammonia production per annum will be supplied to fertiliser firms.
ReNew’s net profit rebounds to $50m in FY 2024
It has a total portfolio of 13.5 gigawatts.