India

Amara Raja Batteries Reports Q3 Numbers; Announces 50 MW Solar Plant

Amara Raja Batteries has issued its Q3 numbers, also announcing that it will be setting up a 50 MW solar power plant in Andhra Pradesh. Driven by the revival in demand across all key sectors of the business, Amara Raja Batteries Limited (ARBL), one of India’s leading Industrial and Automotive Battery majors has issued its […]

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4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme

RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […]

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Vegas-based Barrel Energy Signs MoU for Lithium Battery Production in India

Las Vegas-based Barrel Energy has signed an MoU to partner with Roshan Energy for Lithium Battery development and production in India and NA. Las Vegas-based Barrel Energy, an energy and minerals sector player, has announced that it has signed a Memorandum of Understanding (MoU) to enter a partnership with Roshan Energy Technologies, located in Hyderabad, […]

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Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore

Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […]

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IFC to Support India’s Continuum in First Green Bond Offering in Singapore

IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […]

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KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL

VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […]

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SECI Extends Deadline for 20 MW Solar Plus 20 MW Storage Tender in Leh

SECI has extended the bid submission deadline for its tender for the commissioning of a 20 MW solar with 20 MW storage in Leh, Ladakh. The Solar Energy Corporation of India (SECI) has notified that it has extended the bid submission deadline for its tender for the commissioning of a 20 MW (AC) solar PV […]

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Committed to Reduce Emissions by 33 to 35% From 2005 Levels: PM Modi at WSDS

PM Modi at the WSDS inauguration reiterated India’s commitment to reduce the emissions intensity of GDP by 33 to 35 percent from 2005 levels. Prime Minister Narendra Modi on February 10, 2021, inaugurated the World Sustainable Development Summit (WSDS) 2021 via video conferencing. During the event, PM Modi reiterated India’s commitment to reduce the emissions […]

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Premier Energies to set up new Rs 483 Cr Solar Manufacturing Facility in Hyd

Premier Energies is setting up a new state-of-the-art solar cells and modules manufacturing facility at the cost of Rs 483 crore in Hyderabad Premier Energies, a leading domestic solar PV cells and modules manufacturing company has announced that it is setting up a new state-of-the-art facility at E-City Hyderabad. A Greenfield Project, the new plant […]

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