Enfinity Global, CPP Investments to power 2 mn homes in India with $135 mn renewable deal
The projects are projected to generate 2.4 gigawatt-hours (GWh) of electricity annually, sufficient to power over two million homes and reduce carbon emissions by about 2.6 million tonne each year.
IEX reports 13.7% increase in annual volume, revenue up 16.2% in FY'24
The company announced its audited standalone financial results on May 15, 2024, highlighting a revenue growth of 16.2% to ₹550.8 crore.
A second Trump presidency would target IEA's green focus, advisers say
The Paris-based IEA has provided research and data to industrialized governments for more than half a century to help guide policy around energy security, supply and investment. The United States provides around a quarter of the group's funding.
GP Eco to raise up to ₹35 crore via IPO to expand solar operations
The IPO aims to bolster GPES's expansion and its subsidiary operations, with ₹12.45 crore earmarked for working capital and expansion, and ₹7.6 crore for a new solar inverter assembly facility in Noida.
What will be the repercussions of Biden's new China tariffs?
Biden's EV, semiconductor and battery tariffs "will not have a noticeable impact on US inflation or GDP," said economist Ryan Sweet at Oxford Economics.
Morocco to almost double its energy capacity by 2027: minister
Renewables would make up 6.5GW of the added capacity, Benali told a conference on batteries in Rabat. Renewable capacity is currently 4.5GW, or 37.6 per cent of total capacity, according to electricity regulator.
ReNew inks MoU with Societe Generale for USD 1 billion finance support
ReNew has signed a Memorandum of Understanding (MoU) with Societe Generale, to support the financing and development of the company's various strategic energy transition projects both in India and globally, a company statement said.
Reliance completes sale of REC Solar Norway
In October 2021, a unit of Reliance acquired Norway's solar panel manufacturer at an enterprise value of USD 771 million as the Indian oil-to-retail conglomerate sought to extend its dominance into alternative energy.
CPSUs exempted from state approval for solar park charges: MNRE
Under the new guidelines, Solar/RE Parks developed by CPSUs or JVs of CPSUs will no longer require vetting of detailed project reports (DPRs) by the state government committee.
Rajasthan aims for 90 GW of renewable energy by 2030, focus on solar and wind
He emphasized the role of consumers in pushing companies toward sustainability and highlighted the need for public excitement about a sustainable and net-zero future.