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Central University of Himachal Pradesh Sets up Green Hydrogen Research Laboratory

A Green Hydrogen Research Laboratory has been established in the Central University of Himachal Pradesh (CUHP). Vice-Chancellor Prof Sat Prakash Bansal held that the set up of its Green Hydrogen Research Laboratory is an important step with respect to sustainable energy research. “This laboratory has been established in line with the vision set by our […]

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Ministry Of Power Notifies Domestic Carbon Credit Market Scheme

  The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […]

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India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme

Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market.  According to officials in the concerned ministries, […]

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RACEnergy Opens Battery Facility Capable of Producing 30,000 Swappable Batteries PA

RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. As per the firm, the new facility will provide a collaborative environment for engineers and designers to push the boundaries of […]

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Govt Proposes To Delicence Transmission Line Setup For Bulk Consumers

The Ministry of Power has now proposed delicensing establishing, operating and maintaining transmission lines for certain segments of power consumers and electricity generators. It includes bulk power consumers, power generating firms, captive generators, or an energy storage system (ESS).  The proposal has featured in the latest Draft Electricity (Amendment) Rules 2023. The ministry has put […]

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ReNew Energy Commissions 27.2 MW Hybrid Renewable Project For Toyota Kirloskar

Toyota Kirloskar Motor (TKM) has inaugurated a 27.2 MW group captive solar and wind renewable energy project, established through a joint venture with ReNew Energy Global Plc, located at Kudligi Taluk, Vijaynagara district of Karnataka State, home to TKM’s existing solar plant. The green power generated through this project will be exclusively channelled to TKM, […]

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Avaada Group Successfully Pockets INR 10,700 Cr as Funding

Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […]

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Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report

A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […]

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Leyline Renewable Capital Funds RAI Energy’s Solar and Storage Ventures

Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. […]

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