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PFC Seeks Bids To Evacuate 3 GW Of Renewable Energy From Gujarat

PFC Consulting released a tender requesting proposals for the selection of a transmission service provider through a tariff-based competitive bidding process. The tender invited bids to establish an inter-state transmission system to evacuate renewable power from Raghanesda, Gujarat, for 3GW under phase I. PFC set the 19th of November as the last date for bid []

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NTPC Green Energy plans $1.2 billion IPO

State-owned NTPCs green arm, NTPC Green Energy, has filed draft papers for an initial public offering (IPO) to raise about $1.2 billion (about 10,000 crore). NTPC Green Energy, floated in 2021, was set up with the express purpose of a dedicated approach to green energy capacity creation for NTPC, which has a target of 60 []

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Cygni, HiNa To Bring India-Specific Sodium-ion Energy Solutions

Cygni Energy Private Limited, a Hyderabad-based energy storage solutions player has planned to collaborate with HiNa to develop India-specific Sodium-ion based storage solutions. This storage solution is cheaper, safer, and allows 20-minute charging. Cygni Energy has been an advocate of Sodium-ion-based solutions and a challenger to Lithium for specific applications.  As part of this partnership, []

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COP29 Presidency Proposes 1,500 GW Energy Storage Target By 2030

The Conference of Parties (COP29) Presidency today announced its Initiatives as part of its Action Agenda to give an impetus to climate action and to supplement the formal negotiated COP agenda. In a letter addressed to all Parties and non-party stakeholders, COP29 President-Designate Mukhtar Babayev outlined the details of the package and how global stakeholders []

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Insolation Energy Announces 3rd Manufacturing Plant In Jaipur

Insolation Energy (INA Solar)has announced the ground breaking ceremony of its new state-of-the-art manufacturing facility, located on the Delhi-Ajmer Expressway in Sawarda, Jaipur, Rajasthan. This investment of Rs 400 crore is a part of the companys effort to strengthen its position in Indias renewable energy sector and expand its production capacity. Post the expansion, Insolations []

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JSW Energy Commissions 300 MW Wind Power Project in Tamil Nadu

JSW Energy Ltd. has announced the successful commissioning of a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, developed by its subsidiary JSW Renew Energy Two Limited, is the companys first greenfield wind power plant under SECIs tranche X. The new wind farm marks an addition to JSW Energys renewable energy portfolio. []

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Green Stocks Sep 13: Another Strong Week Despite A Wobble In Adani Green Energy

This week closed  with a broadly positive end for the green stocks pack, with even new entrant Premier Energies closing over 100% above its listing price of 450 a week back, despite the losses this week.  Sterling and Wilson Renewable Energy (SWREL) posting a 3.00% increase in stock price. Waaree Renewables, KPI Green Energy, JSW []

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AMPIN Energy, Sumitomo Collaborate To Boost RE In India

Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial []

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415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals

The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to []

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