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Rajasthan To Get 1 GW Solar Power Plant By ONGC

Oil and Natural Gas Corporation (ONGC) is planning to build a 1 GW solar power plant in Rajasthan as a crucial step toward gaining a footing in the green energy sector. The management stated that the company has made contract with the state government to find 5000 acres of land to house its planned 1 […]

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IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia

A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can  help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […]

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ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies

Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […]

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Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025

Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […]

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iVOOMi Partners with Bajaj FinServ, L&T to Offer Easy Financing Solutions

Pune-based electric two-wheeler manufacturer iVOOMi Energy recently partnered with Bajaj FinServ and L&T to promote the adoption of electric scooters through easy retail finance options to its consumers.  iVOOMi and Bajaj FinServ have teamed to offer up to 100% EV finance at zero down payment with a minimum 7% interest rate to give customers viable […]

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Madhya Pradesh Eyes 50000 Cr Investment for RE Segment by 2027

Recently, Madhya Pradesh Government published the new renewable energy policy titled “Madhya Pradesh Renewable Energy Policy – 2022.” Madhya Pradesh government indicates investing Rs 15,000 crore and Rs 50000 crore for RE (renewable energy) generation industry. The state government plans to build four thousand (4,000) MW of renewable energy projects in the open access solar […]

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Cummins to Build Gigawatt Electrolyzer Manufacturing Facility in Spain

The US-based power technology provider Cummins Inc. has said that it will soon start building its new gigawatt electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain to expanding the green hydrogen economy in Europe and globally. In 2021, Cummins had selected Spain as the site of a new proton exchange membrane (PEM) electrolyzer plant. Earlier […]

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