Page 4 - Clean Energy

Vedanta surpasses 1 GW renewable energy mark, targets 2.5 GW by 2030

Vedanta has increased its clean energy capacity to 1.03 GW and aims to achieve 2.5 GW by 2030 as part of its strategy to reach net zero carbon emissions by 2050 or earlier

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

With ₹20,000 crore already allocated, the ANRM innovation fund will support private-sector R&D in critical technologies like EVs, clean energy, and deep tech

Blackstone to acquire TXNM Energy for $11.5 bn, bets on US energy demand

Blackstone sees TXNM as a sound long-term investment due to the stable, regulated returns and substantial capital requirements of grid modernisation and energy transition

ReNew kicks off work for Rs 22K cr green energy complex in Andhra Pradesh

ReNew reenters Andhra Pradesh with India's biggest single-site renewable energy project, backing the state's clean energy push with a Rs 22,000 crore commitment

Greenko founders eye fresh deal to acquire Orix's stake despite pullout

Anil Chalamalasetty and Mahesh Kolli, co-founders of Greenko, are tweaking the deal structure to pave the way for the acquisition to proceed

CIL to set up $3 bn worth clean energy projects to boost renewable heft

AM Green, in which the founders of India's Greenko Group have large stakes, targets to produce 5 million tons per annum (MTPA) of green ammonia by 2030

Reliance Power allots shares worth Rs 348 cr to Reliance Infra, Basera

Reliance Power has allotted 10.55 crore shares to Reliance Infra and Basera Home Finance after early warrant conversion, boosting its clean energy expansion

Reliance Power to invest Rs 10K cr for Asia's largest solar-BESS unit

Reliance Power's NU Suntech secures SECI contract to develop Asia's largest single-site solar-plus-battery project, with Rs 10,000 crore investment and 930 MW capacity

India-Denmark renew energy cooperation pact to boost net-zero emission

India and Denmark inked an initial pact on Friday to strengthen energy sector cooperation through renewed partnership, which supports the nation's target of achieving net-zero emissions by 2070. The agreement follows five years of successful collaboration under the original MoU, signed on June 5, 2020, and initially set to expire on June 5, 2025, a power ministry statement said. A proactive renewal ensures continuity in dialogue and cooperation, allowing a seamless extension of joint efforts in energy sector development, the ministry said. According to the statement, India and Denmark have reinforced their long-standing energy cooperation by signing a renewed Memorandum of Understanding (MoU) on Friday. The MoU was signed by Power Secretary Pankaj Agarwal and Ambassador of Denmark to India Rasmus Abildgaard Kristensen. The agreement reflects both countries' continued commitment to accelerate clean energy transitions. The renewed MoU supports India's ambitious target of achieving .

Statsguru: Coal reigns supreme as India's clean energy remains elusive

The share of coal in India's total final energy consumption (TFEC) inched up from 31.08 per cent in FY23 to 33.01 per cent in FY24

Construction major L&T incorporates arm to develop green hydrogen projects

Green hydrogen is a clean, renewable form of hydrogen gas produced by using electricity from sources like solar, wind, or hydropower

Waaree Energies launches India's largest solar cell facility in Gujarat

Clean energy player Waaree Energies Ltd on Saturday announced the launch of its solar cell facility having a capacity of 5.4 gigawatt (GW) at Chikhli in Gujarat. Union New and Renewable Energy Minister Pralhad Joshi and Gujarat Chief Minister Bhupendra Patel attended the inauguration event along other senior government officials, Waaree Energies said in a statement. "Bharat's largest solar cell manufacturing Gigafactory inaugurated by Waaree Energies in Chikhli, Gujarat," the company said. The facility is spread across 150 acres, with a built-up area of 101 acres. Speaking on the occasion, Joshi said the launch of one of largest solar cell facility embodies the spirit of Atmanirbhar Bharat and stands as a tribute to India's growing prowess in the global renewable energy landscape. The government's vision is to establish India as a global manufacturing hub for clean energy technologies. "Today, with the launch of our 5.4 GW solar cell gigafactory in Chikhli, Waaree is laying the .

Trump admin cancels clean energy grants as it prioritises fossil fuels

President Donald Trump's administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritizes fossil fuels. The DOE is cancelling two awards to a nonprofit climate think tank, RMI in Colorado, according to a document from the agency confirming the cancellations that was reviewed by The Associated Press on Friday. One was for nearly $5.3 million to retrofit low-income multifamily buildings in Massachusetts and California to demonstrate ways to reduce the use of energy and lower planet-warming greenhouse gas emissions. The other was for USD 1.5 million to assess business models for electric vehicle carsharing in US cities. The department wrote that it had determined the awards do not meet the administration's objectives. Both awards are on a list of about 300 clean energy projects under review. President Donald Trump declared an energy emergency early in his term and is working to speed

Women envoys hail diverse workforce at Adani's clean energy, other projects

A delegation of women envoys from nine countries, including those from Luxembourg, Romania and Slovenia, took stock of Adani Group's renewable energy and other projects in Gujarat and lauded female workforce participation at these facilities. While interacting with women engineers at Adani Green Energy's 30-GW clean energy plant at Khavda in Kutch district, the delegates emphasised how implementation of diversity at workplaces is key to the economic growth of a country. During their tour to the facility on Wednesday, ahead of the International Women's Day, the seven ambassadors and two high commissioners also interacted with women members of Self Help Groups (SHG) supported by Adani Foundation, the philanthropic arm of the ports-to-energy conglomerate. "The ambassadors saw firsthand how the renewables project is integrating cutting-edge technology with sustainable development, including the Energy Network Operations Centre (ENOC) overseen by women engineers," the Adani group said in

Get the transition right: How govt is pushing for a clean-energy shift

Take the issue of clean-energy transition. India's imperative is to provide electricity to millions for livelihood security

India surpassing key climate goals, can grow faster with clean energy: UN

India is already meeting and exceeding key climate targets and has a real opportunity to grow even faster, using clean energy and industry, UN climate change chief Simon Stiell has said. In an email interview with PTI, Stiell emphasised that India's unique geography and huge population means huge numbers of people are vulnerable to climate impacts. And therefore, he said, the need to invest in ensuring people, communities, infrastructure and businesses are resilient is clear. "India is already meeting and exceeding key targets. For example, by installing 100 GW (gigawatt) of solar in record time or providing electricity in every village. "I see a real opportunity for India to grow even faster, using clean energy and industry, which will be a huge benefit to India's economic prosperity, with millions more jobs, better health outcomes, more affordable and secure energy accessible to all, and faster-rising living standards for the Indian people," the executive secretary of the United .

EPA chief seeks return of $20 bn in clean-energy grants awarded by Biden

In a major reversal, the new head of the Environmental Protection Agency said he will try to rescind USD 20 billion in grants awarded by the Biden administration for climate and clean-energy projects. In a video posted on X, Administrator Lee Zeldin said the EPA would revoke contracts for a still-emerging green bank that is set to fund tens of thousands of projects to fight climate change and promote environmental justice. The programme, approved under the 2022 Inflation Reduction Act, is formally known as the Greenhouse Gas Reduction Fund, but is more commonly called the green bank. Two initiatives, worth USD 14 billion and USD 6 billion respectively, are intended to offer competitive grants to nonprofits, community development banks and other groups for projects with a focus on disadvantaged communities. The programme is a favourite of Democrats who passed President Joe Biden's signature climate law without a single Republican vote, and former EPA Administrator Michael Regan ...

Welspun New Energy to invest Rs 13.5k cr in clean energy projects in Odisha

Welspun New Energy has signed a pact with the Odisha government to invest Rs 13,500 crore for the development of two clean energy projects in the state, a statement said on Tuesday. Under this agreement, Welspun New Energy has committed investments worth Rs 13,500 crore to develop a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project in Odisha, its parent firm Welspun World said in the statement. These projects are expected to enhance the state's energy storage capacity, support the integration of renewable energy into the grid, and contribute to India's overall target of achieving 500 GW of renewable energy capacity by 2030, it added. "The projects, backed by our Rs 13,500 crore investment in green technologies, mark a key milestone in our mission to accelerate renewable energy adoption in the state, highlighting our unwavering commitment to innovation and sustainability," Kapil Maheshwari, Executive Director & CEO of Welspun New Energy, said. Welspun World .

Budget's focus on clean energy to push sector growth: RE industry

The renewable energy industry has hailed the Union Budget 2025-26, saying the focus on clean power, manufacturing, and sustainability will push the sector's growth. Union Finance Minister Nirmala Sitharaman presented her record eighth straight Union Budget in the Lok Sabha on Saturday. Vineet Mittal, Chairman of Avaada Group said strategic initiatives like global manufacturing clusters and clean tech advancements under National Manufacturing Mission will position India as a global industrial powerhouse. Sumant Sinha, Founder, Chairman & CEO, ReNew said the Rs 20,000 crore allocation for nuclear energy and proposed legislative reforms demonstrate a forward-thinking approach to energy security and decarbonization. Nikhil Sawhney, Managing Director, Triveni Turbines said, "We see these initiatives as a catalyst for innovation, sustainability, and self-reliance, reinforcing India's leadership in advanced energy solutions." Sharing his views, Abani Jha, CFO, Saatvik Green Energy said .

Ex-oil market chief criticises IEA, seeks cut in energy transition focus

IEA is under fire from the administration of President Donald Trump for a shift in recent years toward a focus on clean energy policy