Page 6 - Clean Energy

Low-cost finance, private sector role key to nuclear projects: PK Mishra

Timely completion, access to low-cost finance, and leveraging private sector capabilities are key to lowering tariffs and improving feasibility of nuclear projects, P K Mishra, principal secretary to the prime minister, said here on Friday. Addressing the 68th batch of scientific officers at the Bhabha Atomic Research Centre Training School, Mishra encouraged researchers to innovate in cost reduction strategies to make nuclear energy India's preferred power source. Citing the successful opening of the space sector, Mishra said similar initiatives are envisaged for atomic energy, which is essential for clean energy and national security. He underscored the societal impact of nuclear energy and cited the use of radio isotopes for cancer care, and radiation technologies for wastewater treatment and agriculture storage. The government had sanctioned 50 multi-product food irradiation units for the MSME sector under the 2024-25 Union Budget, Mishra said. Irradiation facilities in 12 sta

Reliance set to launch green energy gigafactories within next 6 quarters

Reliance to launch clean energy gigafactories in Jamnagar within four to six quarters; units to produce solar panels, batteries, and electrolysers, cutting energy costs by at least 25 per cent

SAEL to invest ₹8,200 cr in Greater Noida solar manufacturing plant

Through one of the largest investments seen so far in the solar manufacturing space in India, the plant in Greater Noida will boost SAEL's total module manufacturing capacity to 8.5 GW

MNRE revises norms for biomass programme to boost clean energy in India

The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for the biomass programme to promote cleaner energy solutions, ease of doing business, and accelerate the adoption of biomass technologies across India. The norms are revised under Phase-I of National Bioenergy Programme, applicable for the period FY 202122 to 202526. These amendments aim to promote cleaner energy solutions, ease of doing business, and accelerate the adoption of biomass technologies across the country, a ministry statement said. Under the new framework, the ministry has simplified several processes, such as cutting down on paperwork and easing approval requirements, which will enable the industry, especially MSMEs to enhance their production. These changes align with improvement of stubble management and India's broader goal of reaching net-zero emissions by 2070. One of the major highlights of the revision is technological integration by enabling the use of IoT-based monitoring solution

Clean industry projects worth $89 bn stall amid financing woes: Report

India has 41 clean industry projects spanning green ammonia, hydrogen production and sustainable aviation fuels, yet faces challenges in converting announcements into operational facilities

NITI Aayog works out road map to meet India's rising energy demand

This initiative also arises from India's need for a clear pathway to identify data trajectories in its net-zero exercise

Oil's lost decade is about to be repeated amid rising clean energy bets

Even looking forward to 2026, crude output is likely to remain below the production peak the world hit in 2018

India's energy transition, grid security hinge on strategic diversification

Regulatory frameworks must evolve to recognise both 'strategic premium' and 'cybersecurity premium' as legitimate components in tariff determination

Funding in climate-tech startups cools but VCs signal a greener future

Funding in India's climate-tech startups fell from $2.4 billion in 2022 to $1.5 billion in 2024, with capital needs, scale issues and slow adoption posing key challenges

Sharmistha Panoli's accuser booked for hate speech, missing: Kolkata Police

Kolkata Police have filed an FIR against Wajahat Khan Qadri, who filed a case against influencer Sharmistha Panoli. Qadri is now absconding over allegations of posting hate content online

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