SUBSCRIBE NEWS LETTER

national electricity plans

2.8 GW Versus 9.3 GW- EMBER Report Points to Huge Gap In Wind Additions In India

The winds of change are blowing across India’s energy landscape. Over the past three years, annual wind installations have surged, but there’s a catch: the 2023 figures were a whopping 51% higher than in 2022, the latest report from EMBER said. It also said that despite this growth, the current build rate of 2.8 GW […]

Read more

NDCs 3.0 A Key For Global Goal To Triple RE By 2030: IRENA

Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to the World Energy Transitions Outlook 2024 of IRENA. Released at the opening of the UN Climate Conference COP29 in Baku, Azerbaijan, the Agency’s 1.5°C Scenario outlines a net-zero […]

Read more

Alpex Solar Gets Solar Pump Order In Haryana Under PM-KUSUM

Alpex Solar, an integrated solar energy solutions company announced securing a fresh order valued at Rs 34.51 crore.  The latest contract is for the supply of 1,141 solar pumps to the Haryana Renewable Energy Department (HAREDA) under Component-B of the PM-KUSUM scheme. This follows the company’s recent success in securing two major orders worth Rs […]

Read more

MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni

Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […]

Read more

Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs

Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use.  Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […]

Read more

REC Raises $500 Mn Through Green Bonds

REC Limited, a state-owned infrastructure company has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. REC plans to use these funds to finance eligible green energy projects that qualify under its green finance framework. REC a ‘Maharatna’ company under the administrative control of the Ministry of Power, […]

Read more

Sustainiam Onboards 400 MW Portfolio Of Brookfield Assets In India

Sustainiam, a climate tech startup, and a carbon management solutions provider, onboarded 400 MW of renewable assets from Brookfield, a global renewable energy provider, for the registration, issuance, and trading of International Renewable Energy Certificates (I-REC). This portfolio primarily consists of wind assets, to help Brookfield expand its renewable energy capabilities in India and beyond. […]

Read more

Climate Pledge Set To Invest $2.65 Mn For EV Charging Stations

The Climate Pledge, co-founded by Amazon and Global Optimism, is set to build a new project powered by renewable energy. Through this project, over $2.65 million will be collectively invested in these renewable energy-powered charging stations by signatories and partners of firm. This $2.65 million initiative aims to support over 5,500 EVs by 2030 and […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll