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India requires ₹30 lakh crores investment to meet NDC goals by 2030: IREDA

Investment is required in the manufacturing of capacity for Solar, Electrolysers, Wind & Battery; Transmission, Green Hydrogen, Solar, Hydro, Wind, and Waste to Energy sectors. CMD of Indian Renewable Energy…

Centre issues guidelines for pilot projects on green hydrogen use

Guidelines will support pilot projects based on the use of green hydrogen as fuel in buses, trucks and 4-wheelers. The Government of India has come out with guidelines for undertaking…

Adani Green begins generation from world’s largest RE park

Operationalises the first 551 MW solar capacity at Khavda, starting supply to the national grid. Adani Green Energy Limited (AGEL), India’s largest renewable energy (RE) company and the second largest…

$2 trillion annually required to triple global renewables by 2030: Report

A recent report by Climate Analytics underscores the urgent need for substantial investments to triple global renewable energy capacity. A recent report by Climate Analytics underscores the urgent need for…

REC facilitates transfer of 5 SPVs for inter-state transmission projects 

PGCIL, Indigrid 2 Limited and Indigrid 1 Limited, and Apraava Energy emerged as the successful bidders. REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited –…

IREDA, IIT Bhubaneswar forge alliance for renewable energy innovation

The collaboration aims at research, tech transfer, and startup support to boost renewable energy sector growth. The Indian Renewable Energy Development Agency Ltd. (IREDA) took a significant step towards fostering…

Nextracker gets repeat order by Sterling and Wilson Renewable Energy for projects at Kutch…

To provide its flagship solar trackers for phase two (1.5 GWdc) and phase three (375 MWdc) Solar Projects at NTPC Renewable Energy Limited’s solar park in Khavda, Rann of Kutch.…

Bluebird solar unveils M10 half-cut solar PV modules at Renewable Energy Expo in Chennai

Cutting-edge technology promises enhanced efficiency and quality, driving India’s green energy transition. Bluebird Solar Pvt Ltd, a leading manufacturer of solar modules, made a significant stride towards advancing the country’s…

Indian Energy Exchange records historic volumes surpassing 10,893 MU in January 2024

The market clearing price in the day-ahead market during January 2024 was ₹5.83/unit, down approximately 6 percent year-on-year, due to easing supply-side constraints. In January 2024, the Indian Energy Exchange, the…

Structural issues related to bond market, discoms and land availability hindering India’s RE surge

Structural issues impeding rapid RE adoption include an underdeveloped domestic corporate bond market, fiscal situation of discoms, lack of land availability and question of just transition. India stands at a…

India makes remarkable stride in RE despite inadequate supply chain

Constraints in transmission connections and land availability could pose challenges in achieving targets. India has made commendable strides in the renewable energy sector, all because of the collaborative efforts of…

Budget 2024 promises to achieve RE goals

300 units of free electricity each month under the initiative of rooftop solarisation and muftbijli. Budget 2024 announcements started with the address of the joint session of the Lok Sabha…

NTPC Green signs pact with Maharashtra Govt to develop Green Hydrogen 

The pact encompasses the establishment of Pumped Storage Projects amounting to 2 GW and the development of renewable energy projects, with or without storage, totaling 5 GW in the state.…

Government propelling initiatives to ensure 24×7 renewable power

In the dynamic landscape of India’s power sector, transformative initiatives and collaborations have propelled the nation towards sustainability. Kumar Mukund shares his views on the trends with EPR Magazine. What government…

ACME to supply green ammonia to Japan 

ACME Group and IHI Corporation, a Japanese integrated heavy industry group, signed an offtake term sheet for supply of green ammonia from Odisha.

IREDA inks pact with IOB to co-lend, loan syndication for several RE projects 

The partnership aims to streamline loan syndication and underwriting processes, management of Trust and Retention Account (TRA) for IREDA borrowers.

‘Suryotsava: Nutan Aarambh’ pilot project launched marking milestone in clean cooking

Funded by EKI Energy Services Ltd, the project, for the distribution of ‘Surya Nutan,’ developed and patented by Indian Oil Corporation Ltd, aims to provide underprivileged and tribal beneficiaries in…

Bluebird Solar introduces M10 half-cut PV modules

The new product range of Bluebird Solar includes four premium quality mono-facial and bifacial half-cut solar PV modules, with capacities ranging from 400W to 550W. In the pursuit of becoming…

Tata Power to develop 10,000 MW RE power projects across multiple sites in Gujarat

TPREL has signed a MoU with the Gujarat government at the Vibrant Gujarat summit.  

Grew energy Inks INR 3800 crore deal for 2.8 GW solar manufacturing unit in…

Vibrant Gujarat Summit witnesses historic pact, propelling Grew Energy as a key player in renewables. Grew Energy marked a significant milestone by signing a momentous Memorandum of Understanding valued at…

Tata Power and Tamil Nadu government forge partnership to propel 10,000 MW renewable energy…

₹70,000 Crore Investment, 3,000 Green Jobs, and Expansion of Solar Manufacturing in Strategic Collaboration. Tata Power Renewable Energy Limited recently entered into two Memoranda of Understanding (MoUs) with the Government…

Copenhagen Infrastructure Partners commences construction on 300 MW project with Envision 

Envision India signs 300 MW Turbine Supply Agreement for EN156 | 3.3MW platform, the project to be implemented at Karnataka, expected to be completed by 2025-end. Copenhagen Infrastructure Partners (CIP),…

No plans to offer viability gap funding for pumped storage projects, Indian government announces

The government’s decision aligns with its strategic outlook on financial allocations, emphasising the self-sufficiency of certain technologies. Union Minister for Power, New and Renewable Energy, RK Singh, has informed the…

AGEL and TotalEnergies form strategic JV to propel India’s renewable energy leadership

Adani Green Energy Limited (AGEL) and TotalEnergies have formally entered into a binding agreement to establish a new joint venture (JV).

India joins global initiative to achieve 5 GW battery energy storage systems by 2024

Collaborative effort led by GEAPP aims to boost renewable energy integration and ensure grid reliability worldwide. During the 2023 United Nations Climate Change Conference (COP28), India officially joined the Battery…

NTPC REL Secures Bid for 900 MW Solar Project in PFCCL’s 1250 MW Solar…

NTPC will be responsible for procuring the energy generated through this project, strategically designed to replace thermal power sourced from existing PPAs of NTPC with various State DISCOMs. NTPC Renewable…

IEX records 17.5 percent volume growth in November 2023

The energy exchange reached 9,136 million units (MU), including 7.55 lakh Renewable Energy Certificates (RECs), equivalent to 755 MU. Indian Energy Exchange (IEX), the premier energy exchange in India, reported…

Kundan green energy partners with Uttarakhand for 80 MW hydropower boost

The MoU outlines plans to augment the state's hydropower generation capacity with a substantial investment of INR 1000 crore, creating jobs and advancing Uttarakhand's renewable energy goals.

Renewable energy FDI in India surges despite quarterly fluctuations

The report by Mercom India says,  there has been a 9 percent YoY increase in FDI during the second quarter of the FY 2024, driven by solar, wind and hydro investments.

Union Minister inaugurates power pavilion showcasing India’s transformative power sector initiatives

R.K. Singh highlights global climate responsibility, India’s achievements, and transformative power sector initiatives. The inauguration of the Power Pavilion at the India International Trade Fair 2023 in Pragati Maidan, New…

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