Page 11 - Renewable Enrgy

Reliance's O2C, new energy biz may be valued more than $100 bn: Report

Mukesh Ambani-led Reliance Industries Ltd's plans for investing Rs 75,000 crore in solar, batteries, fuel cells and hydrogen could create valuation of USD 36 billion for the new energy business

Mukesh Ambani, Gautam Adani face off in race to solar domination

Indian tycoon Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to ground and ignite bidding wars with fellow billionaire Gautam Adani, industry analysts say

Power generator NTPC plans IPO for Rs 2.5 trn expansion of renewables biz

Listing intended to enable transformation over the next decade for a company that relies on coal to produce the vast majority of its electricity.

Gail eyes 1 GW renewable energy capacity, to set up biogas, ethanol plants

Gail (India) Ltd will invest about Rs 5,000 crore to build a portfolio of at least 1 gigawatts of renewable energy and set up compressed biogas as well as ethanol plants

India to set rules for encouraging companies' shift to green energy

The new regulations will allow companies to purchase renewable electricity from state distributors at 'green tariffs' said power minister Raj Kumar Singh

NTPC targets 60 GW renewable energy capacity by 2032

State-owned power giant NTPC on Sunday said it has set a taget to install 60 gigawatts (GW) of renewable energy (RE) capacity by 2032. NTPC has become India's first energy company to declare its energy compact goals as part of the UN High-level Dialogue on Energy (HLDE), according to a statement. "NTPC has set a target to install 60 GW of renewable energy capacity by 2032," it added. The country's largest power producer is also aiming 10 per cent reduction in net energy intensity by 2032. NTPC is among the few organisations globally to declare its energy compact goals. Further, NTPC has declared that it will form at least 2 international alliances to facilitate clean energy research and promote sustainability in energy value chain by 2025. The targets were unveiled in the recently held 'Ministerial Thematic Forums for the HDLE' event. The commitment from NTPC has been made public on UN's website as well. The United Nations is set to convene a high-level dialogue in September 202

Mukesh Ambani and Gautam Adani. Two billionaires, one green ambition

Until now, the two billionaires, both hailing from Prime Minister Narendra Modi's home state of Gujarat, have largely operated in their separate spheres. Clean energy would see them overlap.

Sembcorp to expand its renewable portfolio in India, eyes 30% CAGR

The firm is aiming to have a gross installed renewable energy capacity of 10 Gw by 2025

7 GW of unsigned power supply agreements pose risk to RE targets: Crisil

Delays in power supply agreements (PSAs) for 7 GW of the bid out renewable energy projects is one of the main reasons that may lead to 35 per cent shortfall in 160 GW renewable energy capacity target

Solar-powered India? The gap between ambition and reality is growing

India has a target of generating 100 Gw solar power by 2022 and set up a self-reliant industry for it

Facebook ties up with CleanMax to go 100% renewable in India

Facebook and CleanMax on Thursday announced a partnership to support renewable power

Cabinet okays Solar Manufacturing Scheme for 10,000 Mw capacity under PLI

Under PLI, Cabinet in Nov 2020 had okayed Rs 4,500 cr for manufacturing High Efficiency Solar PV Modules. MNRE later proposed a 'National Programme on High efficiency solar PV modules' for the same

India a world leader in deployment of renewable energy: US envoy John Kerry

US Special Presidential Envoy for Climate John Kerry said that decisive action from the country now will determine what this transformation will mean for all generations to come

Phasing out coal for power holds key to India's net-zero goal by 2050

Under pressure to commit to a net-zero target before climate change talks in Glasgow in November, the world's third-biggest emitter of greenhouse gases has been considering a 2050 deadline

Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global

Adani Green Energy announced it has signed a share purchase agreement for acquisition of 100 per cent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global

It's time Gulf Arab States look away from Oil and find new revenue sources

We are approaching an energy inflection point in the global economy: plentiful oil supply, a demand plateau by 2030 and more competitive renewable-energy options

Adani Green Energy arm commissions 100-MW wind power plant in Gujarat

Adani Green Energy on Monday said its arm Adani Wind Energy Kutch Three Limited (AWEKTL) has commissioned a 100 megawatt (MW) wind power plant located at Kutch, in Gujarat

NTPC snaps 4-day winning streak, declines 3% on profit-taking

In the last four trading sessions, the stock has risen nearly 10 per cent

Interview with Vipul Tuli on India's energy sector and the challenges ahead

The company has shifted its focus towards green energy and recently commissioned 800 megawatt of wind power projects

India seeks cheaper renewable power contracts to spur solar, wind projects

The country's debt-burdened distribution utilities, which have suffered losses related to electricity theft, have been reluctant to agree to long-term contracts