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renewable energy projects

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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SunSource Energy Commissions 21 MWp Solar Project In Tamil Nadu

SunSource Energy, a solar energy solutions provider and a subsidiary of SHV Energy, a 127-year-old Dutch Multinational, commissioned a 21 MWp solar power plant in Ramanathapuram in Tamil Nadu. This project, spanning 50 acres, marks SunSource Energy’s foray into the state.  SunSource Energy has already tied up with leading Commercial and Industrial (C&I) businesses for […]

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Grew Energy, IIT Bombay Collaborate For R&D In Photovoltaics

Grew Energy Private Limited, a solar module manufacturing company, has announced a partnership with the Indian Institute of Technology, Bombay (IIT Bombay). The collaboration aims to advance innovation and excellence in photovoltaic technology, with a key focus on solar cell and module manufacturing, performance characterization, and reliability assessments. The two signed the Memorandum of Understanding […]

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Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects

The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […]

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MNRE Issues Clarification On ‘Micrositing’ Norms For Wind Projects

The Ministry of New and Renewable Energy (MNRE) has issued a new notification, clarifying that its earlier issued amendment in norms for onshore wind energy. The latest notification said that the last notification issued in this regard on July 4 on the issue of “micrositing” was meant only for the future projects and not for […]

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Australia To Export Solar Energy To Singapore

Australia has approved a unique solar and battery farm project, set to become the largest of its kind in the world. The $24 billion venture, led by tech billionaire Mike Cannon-Brookes, aims to export clean energy from Australia to Singapore. The project, named SunCable, will span Australia’s remote northern region and include a vast array […]

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Shyam Metalics & Energy Launches 10 MW RE Projects

Shyam Metalics and Energy Ltd., an integrated metal manufacturing company in India, is set to venture into clean energy by integrating rooftop and floating solar installations across their pan-India facilities. This initiative is part of the company’s commitment to sustainable energy, decarbonization, and supporting the country’s green and clean energy mission. The company has announced […]

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