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Borosil Renewable In Deal With Clean Max For Green Energy

Indian solar glass manufacturer Borosil Renewable has announced acquiring 49 percent stake in Clean Max Prithvi Pvt Ltd (CMPPL) and Clean Max Enviro Energy Solutions Pvt Ltd. The Mumbai-based company in its recent filing before the Bombay Stok Exchange (BSE) said. Indian open access law requires offtakers to acquire proportionate stakes in firms supplying green […]

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UK Announces 9.6 GW of Renewable Awards In Sixth CfD Auction

The much awaited renewable awards with contract for difference have been announced finally. The results were awaited eagerly following the abject failure of the last offer, and was considered particularly vital for the offshore wind industry after a string of bad news, including cancellation of awarded projects elsewhere in Europe. With £1.56 billion allocated to […]

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India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25

India’s renewable energy generation has surged by 5.5 percent in the initial four months of fiscal year 2024-25. The latest data released by the Central Electricity Authority (CEA) indicated that solar and wind power generations have shown good progressive signs in actual generation. The latest renewable generation report of the CEA said that India generated […]

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L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment

Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […]

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Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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NLC Set To Supply 200 MW Renewable Energy To Telangana

NLC India Limited (NLCIL) a Navratna Government of India Enterprise under the Ministry of Coal has signed a Power Usage Agreement with Telangana state discoms for 200 MW solar power at a competitive and affordable price under CPSU scheme for 25 years. NLC India Lmitted’s solar project is set to generate around 1,300 crore units […]

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