Uttar Pradesh government will soon send its proposal to the Centre for participating in the electric vehicle (EV) charging infrastructure plan under the PM E-Drive scheme.
Robust order book, strong customer relationship to support growth
Strong growth, but execution and visibility remain key risks
The GST Council has also reduced the tax for hydrogen fuel cell vehicles from the current 12% to 5%
Commerce Minister Piyush Goyal reiterated that India is holding talks with the US on a bilateral trade agreement (BTA).
Its current portfolio of 3 GW is backed by long-term power purchase agreements (PPAs) with central agencies such as SECI (Solar Energy Corporation of India) and NTPC.
The company is embracing clean energy transition, but the valuation is high
The rethink on Chinese investments into India comes at a time when the relationship between the two nations have seen a thaw in recent few weeks.
A group of local solar panel manufacturers in the US has filed a petition alleging that companies in India, Indonesia and Laos are dumping cheap goods in the market to disrupt new American factories' business.
The UK will also support India on green hydrogen, civil nuclear energy, and offshore wind apart from helping it finance climate action.
Operating thermal power plants at low capacity to allow higher injection of renewable energy into the grid during the day is expensive and leads to higher per unit cost of coal-fired electricity
Silver has quietly outperformed gold with a 3.5x surge since pandemic lows, driven by industrial demand from electric vehicles and solar panels, tight supply conditions, and growing investment interest.
Defence and aerospace are other new areas where Australia is interested in collaborating with India, Australia’s trade and investment commissioner Nathan Davis told Moneycontrol.
India's peak power demand touched 243 GW this year, much lower than the previosuly projected 270 GW. Senior power ministry officials now expect to see the current year's peak power demand in September, courtesy an early onset of monsoon and pre-monsoon rains during summers.
The government will commission 3000 MW of pumped storage projects this year, according to Chairperson, Central Electricity Authority (CEA) Ghanshyam Prasad.
'The waiver of ISTS charges will gradually be phased out until June 2028 for solar and wind projects. It is now time to boost other aspects such as battery energy storage and pumped hydro for which we are now offering 100% waiver in ISTS charges for 25 years,' a senior MNRE official told Moneycontrol.
In the initial months after the launch of electricity futures, the exchange will not charge a per transaction fee.
India has at least 13,348 abandoned oil wells with a potential of about 10,600 MW of geothermal power. But it has not exploited even 1 MW so far.
The milestone will put India in the league of countries like China, Iceland, Norway, Brazil, New Zealand and Denmark, where clean energy capacity is 50 percent or more.
The surge reflects rising investor appetite for climate-focused businesses, driven by strong policy support, growing corporate demand for green power and the need to build domestic capacity in line with India’s ambitious clean energy goals
The Central Electricity Authority (CEA) has estimated that India will need 37 GWh of BESS capacity by 2027, and 236 GWh by 2031-32. With the new VGF announcement India is poised to achieve a BESS capacity of 43.2 GW by 2027-28.
India looks set to reach its 2030 target of 50% non-fossil generation capacity ahead of schedule. There has been a surge in investment in renewables, led by solar PV, IEA has said in a report
The charging facility, equipped with a 45 kW solar power system and a 100 kWh second-life battery storage capacity, aims to boost green mobility infrastructure.
India is rapidly scaling solar manufacturing, reducing import dependence and boosting domestic capacity. To sustain momentum, upstream integration, policy clarity, and tech innovation are essential for global competitiveness and climate leadership
The Emmvee Group has a total manufacturing capacity of 2.5 gigawatts (GW) and 6.6 GW for solar cells and solar modules.