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  • ONGC gears up for Rs 1-lakh-crore green push to reach 10 GW capacity by 2030 May 30, 2023 06:19 AM IST

    ONGC gears up for Rs 1-lakh-crore green push to reach 10 GW capacity by 2030

    Chairman Arun Kumar Singh said that ONGC wants to focus on round-the-clock renewable energy projects and the company’s research centre is working on such solutions

  • Rising share of non-fossil fuels to make power generation in India cleaner May 23, 2023 08:53 AM IST

    Rising share of non-fossil fuels to make power generation in India cleaner

    Renewable energy sources will likely account for 64 percent of India’s installed capacity mix for power generation by FY30, according to official estimates.

  • Deferred renewable projects pulled FY23 capex down to Rs 6,500 crore: Tata Power CEO May 05, 2023 09:17 PM IST

    Deferred renewable projects pulled FY23 capex down to Rs 6,500 crore: Tata Power CEO

    Tata Power’s debt-equity ratio of 1 “is normally not seen in any infra company; they typically are in 2:1 ratio. Going forward, we expect to continue to have debt-equity in the similar range”, said Praveer Sinha.

  • India needs to install 30 GW solar capacity annually to meet 280 GW target by 2030: Mercom CEO April 20, 2023 06:11 PM IST

    India needs to install 30 GW solar capacity annually to meet 280 GW target by 2030: Mercom CEO

    The government launched production-linked incentive programmes, renewable manufacturing zones and a few other initiatives to make India Atmanirbhar in this area.

  • G7 ministers set big new targets for solar and wind capacity April 16, 2023 12:35 PM IST

    G7 ministers set big new targets for solar and wind capacity

    G7 ministers finish two days of meetings on climate, energy and environmental policy in the northern Japanese city of Sapporo on Sunday.

  • Reliance, Tata Power, JSW Energy among 11 winners of Rs 13,937-cr solar cell project March 29, 2023 06:00 AM IST

    Reliance, Tata Power, JSW Energy among 11 winners of Rs 13,937-cr solar cell project

    The contract is for setting up 39.6 GW solar photovoltaic module manufacturing capacities under the second tranche of the PLI scheme of the government

  • KPI Green shares gain 4% on power purchase deal with Jamnagar Air Force Station March 08, 2023 10:26 AM IST

    KPI Green shares gain 4% on power purchase deal with Jamnagar Air Force Station

    KPI Green Energy is the leader in solar energy under third party sale business in Gujarat. It generates revenue by supplying the power, generated from its solar power plants to reputed business houses through Power Purchase Agreements.

  • Tesla's Investor Day: Solar energy, economic EV and robotaxis likely to be in Masterplan 3 February 28, 2023 11:11 AM IST

    Tesla's Investor Day: Solar energy, economic EV and robotaxis likely to be in Masterplan 3

    Tesla's third Master Plan, which will include information about the company's new lower-cost car platform and its effort to grow to "extreme size," is soon to be unveiled by Elon Musk.

  • Bengaluru couple's solar powered mud house generates zero electricity bill February 14, 2023 04:50 PM IST

    Bengaluru couple's solar powered mud house generates zero electricity bill

    The house is powered by solar energy and they have no air conditioners. The architect has designed the house in such a way that lights are not needed until 6.30 pm.

  • Goldi Solar plans to recruit 5,000 people by FY25: MD Dholakiya February 07, 2023 01:22 PM IST

    Goldi Solar plans to recruit 5,000 people by FY25: MD Dholakiya

    The Gujarat-based company is in process of investing Rs 5,000 crore to expand its module manufacturing capacity to 6 gigawatt (GW).

  • Google Doodle honours Mária Telkes, solar energy pioneer known as ‘The Sun Queen’ December 12, 2022 12:07 PM IST

    Google Doodle honours Mária Telkes, solar energy pioneer known as ‘The Sun Queen’

    Mária Telkes Google Doodle: Learn about the life and times of the Hungarian-American inventor

  • Solar power prices expected to decline 50% by 2050: Ajay Mathur November 30, 2022 08:56 PM IST

    Solar power prices expected to decline 50% by 2050: Ajay Mathur

    A decline in solar power prices will help in production of green hydrogen at reduced costs, said the director general of International Solar Alliance.

  • Solar capacity addition falls marginally in Jul-Sep to 2.7 GW: Mercom report November 23, 2022 07:31 PM IST

    Solar capacity addition falls marginally in Jul-Sep to 2.7 GW: Mercom report

    There were 2.8 GW installations during the same period in 2021, the research firm said in its report on Wednesday.

  • Sembcorp to acquire Vector Green Energy for Rs 2780 crore November 13, 2022 11:37 AM IST

    Sembcorp to acquire Vector Green Energy for Rs 2780 crore

    The acquisition will bring Sembcorp's gross renewable energy capacity to 8.5 GW, closer to its 2025 target of 10 GW of gross installed renewable capacity, it said in a press statement.

  • Tata Power mulls 10,000 MW clean energy capacity in next five years in Rajasthan October 07, 2022 05:50 PM IST

    Tata Power mulls 10,000 MW clean energy capacity in next five years in Rajasthan

    Tata Power, along with its fully-owned subsidiary Tata Power Solar, will expand its presence in the state to generate clean energy through solar power.

  • Punjab seeks financial assistance for solarisation of agri-pumps with 15 HP capacity October 01, 2022 02:59 PM IST

    Punjab seeks financial assistance for solarisation of agri-pumps with 15 HP capacity

    The financial assistance is given under the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan) scheme.

  • Cabinet approves second tranche of PLI scheme for solar PV modules; Rs 19,500 crore allocated September 21, 2022 04:31 PM IST

    Cabinet approves second tranche of PLI scheme for solar PV modules; Rs 19,500 crore allocated

    The Cabinet has also approved changes to the PLI scheme for semiconductor and display manufacturing, with the government now offering fiscal support of 50 percent, instead of 30 percent, for setting up of semiconductor ATMP / OSAT facilities in India.

  • Ideas For Profit |Borosil Renewables: Why the stock is set to gain from solar energy push September 20, 2022 06:02 PM IST

    Ideas For Profit |Borosil Renewables: Why the stock is set to gain from solar energy push

    Borosil Renewables is the only solar glass manufacturer in the country with an installed capacity of 450 metric tons per day. Nearly 65% of India’s solar glass demand is satisfied by imports from China and other countries. Given trend in RM prices & removal of ADD, see domestic margins stabilize around 20%-25% over FY23-24 which is worth knowing. Here’s why

  • Tata Power to set up 100 MW captive solar plant for Viraj Profile in Nashik September 08, 2022 04:27 PM IST

    Tata Power to set up 100 MW captive solar plant for Viraj Profile in Nashik

    The plant is expected to generate about 200 MUs of energy and offset approximately 170.43 million kg of carbon dioxide annually.

  • Reliance Industries AGM 2022: RIL to develop New Energy business by 'adhering to First Principles' August 29, 2022 05:52 PM IST

    Reliance Industries AGM 2022: RIL to develop New Energy business by 'adhering to First Principles'

    The RIL chairman said a team comprising hundreds of scientists, engineers and experts is working on bringing its New Energy vision to life.

  • Govt updates ALMM for solar modules, adds new players to list August 22, 2022 04:43 PM IST

    Govt updates ALMM for solar modules, adds new players to list

    A total of 66 Indian manufacturers have been enlisted, making their products eligible to be sourced for government-supported solar projects.

  • Piyush Goyal calls for deepening trade ties with Africa; exploring solar energy, startup ecosystem July 19, 2022 01:13 PM IST

    Piyush Goyal calls for deepening trade ties with Africa; exploring solar energy, startup ecosystem

    The trade between India and African countries has been pretty balanced with exports of trade and services of about USD 40 billion and imports of USD 49 billion, Goyal said while speaking at the inauguration of 17th CII-Exim Bank conclave here.

  • Jharkhand eyes 4,000 MW solar power capacity in 5 yrs July 05, 2022 03:45 PM IST

    Jharkhand eyes 4,000 MW solar power capacity in 5 yrs

    CM Hemant Soren Soren launched the Solar Energy Policy 2022 today and laid the foundation stone for 600 KW capacity solar plant at Dhanbad and Dumka airports.

  • JNCASR researchers discover 'new material' that can convert infrared light into renewable energy July 05, 2022 03:04 PM IST

    JNCASR researchers discover 'new material' that can convert infrared light into renewable energy

    The material can emit, detect, and modulate infrared light with high efficiency making it useful for "solar and thermal energy harvesting and for optical communication devices", the government said.

  • Tech Mahindra to acquire 26% stake in Huoban Energy for Rs 1.60 crore June 08, 2022 10:15 PM IST

    Tech Mahindra to acquire 26% stake in Huoban Energy for Rs 1.60 crore

    The acquisition would enable the company to procure 5 MW solar energy for consumption at its facilities located in Pune, Tech Mahindra said.