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Green Energy

Emphasis on green transition to strengthen India's clean energy leadership

The Budget's focus on green transition will strengthen India's position as a global clean energy leader and meet decarbonization goals, industry players said. Girish Tanti, Vice Chairman, Suzlon said by strengthening Aatmanirbhar Bharat across manufacturing and agriculture, with a focus on clean tech, wind, solar, EV, and battery storage, the budget aims to accelerate self-reliance in wind and solar manufacturing. Pratik Agarwal, Managing Director, Sterlite Power and Chairman, Serentica Renewables, said there is continued focus on domestic manufacturing of generation and storage equipment, there is new-found mention of high-voltage transmission equipment. Given that there are global deficits in this product category, focusing on this sub-segment is a very sound move. Goldi Solar Managing Director said the National Manufacturing Mission's targeted support for all renewable energy sources is a welcome move, as it reinforces India's commitment to a level playing field and ambitious ...

Emphasis on green transition to strengthen India's clean energy leadership
Updated On : 02 Feb 2025 | 7:51 PM IST

Inox Wind Q3 result: Profit jumps to Rs 239 cr backed by revenues

Inox Wind Ltd (IWL) on Friday reported a multifold rise in consolidated profit after tax (PAT) to Rs 239 crore, backed by higher revenues. It had posted a Rs 33 crore PAT in the year-ago quarter, the company said in a statement. The company's consolidated revenues rose 96 per cent to Rs 994 crore from Rs 507 crore in the October-December period of 2023-24. IWL's order book stood at 3,286 MW at the end of the third quarter of the ongoing fiscal year, 28 per cent higher from 2,575 MW in the year-ago period. INOXGFL Group Executive Director Devansh Jain said "Q3 results firmly establish the enormous growth trajectory the company is on. We continue to capitalise on the large growth opportunities in the Indian market, and supplemented by our new ventures, our offerings now encompass the entire renewables ecosystem, opening up additional areas of businesses for Inox Wind and its subsidiaries." Part of USD 12-billion INOXGFL Group, IWL is India's leading wind energy solutions provider ..

Inox Wind Q3 result: Profit jumps to Rs 239 cr backed by revenues
Updated On : 31 Jan 2025 | 5:33 PM IST

Avaada, Casale partner to develop India's largest green ammonia plant

Avaada Group on Friday announced its strategic collaboration with Casale to develop India's largest green ammonia plant, with an annual production capacity of 1,500 tonnes per day, in Gopalpur, Odisha. This milestone project marks a major advancement in Avaada's mission to drive decarbonisation, innovation, and sustainable industrial growth, further solidifying its role in India's clean energy revolution, a company statement said. According to the statement, Avaada Group, a leader in India's renewable energy sector, inked a strategic collaboration with Casale, a global pioneer in ammonia technology, to develop a 1,500 tons per day (TPD) green ammonia plant in Gopalpur, Odisha. The Gopalpur plant will be powered entirely by renewable energy, utilising Casale's advanced ammonia production technology to ensure a carbon-free process. It will provide the green ammonia process license, basic engineering package, proprietary equipment, and detailed engineering review, helping to create a .

Avaada, Casale partner to develop India's largest green ammonia plant
Updated On : 31 Jan 2025 | 1:03 PM IST

Blueleaf Energy to invest $400 mn in Jakson Green's India solar assets

Investment will be made in three solar projects, which are expected to be commissioned in 2025-2026 and will be funded through a combination of debt and equity, the companies said

Blueleaf Energy to invest $400 mn in Jakson Green's India solar assets
Updated On : 30 Jan 2025 | 12:33 PM IST

Strategies and roadmap for making green fertiliser production viable

India's Green Hydrogen Mission targets decarbonising fertiliser production

Strategies and roadmap for making green fertiliser production viable
Updated On : 22 Jan 2025 | 7:31 PM IST

Blue Energy to invest Rs 3,500 cr to set up Maharashtra electric truck unit

LNG-powered truck maker Blue Energy Motors on Wednesday said it plans to invest Rs 3,500-crore for setting up an electric trucks production plant in Maharashtra to fuel the state's green energy transition. Under the terms of an initial pact, announced at the World Economic Forum in Davos, Blue Energy Motors will establish a dedicated facility for advanced electric (EV) trucks that will house advanced R&D capabilities, battery-pack line, motor manufacturing unit and set up charging stations as well, the company said. The proposed projects are slated to commence in the next financial year, Blue Energy Motors said. This investment, according to the company, is expected to generate direct employment for over 4,000 people. "Our investment will not only reaffirm Maharashtra's position as a global hub for advanced clean mobility solutions but also will contribute to job creation and economic growth," said Anirudh Bhuwalka, CEO of Blue Energy Motors. The new inter-connected facility will

Blue Energy to invest Rs 3,500 cr to set up Maharashtra electric truck unit
Updated On : 22 Jan 2025 | 12:41 PM IST

Green transition: Expectations and recommendations for Budget 2025

It is important for India to establish a coherent and comprehensive tax framework which will incentivise green investment and support the renewable energy value chain among other measures

Green transition: Expectations and recommendations for Budget 2025
Updated On : 20 Jan 2025 | 8:53 AM IST

India-Singapore to build green energy corridor, work in key sectors

India and Singapore are working on establishing a green energy corridor and looking at boosting cooperation in areas like green hydrogen, green shipping, semiconductor and manufacturing, the Ministry of External Affairs (MEA) said on Friday. The MEA said this while briefing the media on the ongoing visit of Singaporean President Tharman Shanmugaratnam to India. Shanmugaratnam held separate talks with President Droupadi Murmu and Prime Minister Narendra Modi on Thursday with a broad focus on further expansion of the bilateral ties. There is already work going on for setting up a green hydrogen corridor between the eastern part of India and Singapore, Secretary (East) in the MEA Jaideep Mazumdar said. The green corridor includes a link from Tuticorin and another from Paradip in Odisha, Mazumdar said. The two sides are also looking at setting up a data corridor between the GIFT City in Gujarat and Singapore. The data corridor is an important venture between Gujarat's GIFT City and .

India-Singapore to build green energy corridor, work in key sectors
Updated On : 17 Jan 2025 | 9:55 PM IST

NTPC Green recoups partly from 30% fall; freezes at 10% upper circuit

Till 03:22 PM; a combined 19.16 million equity shares changed hands and there were pending buy orders for 3.19 million shares on the NSE and BSE.

NTPC Green recoups partly from 30% fall; freezes at 10% upper circuit
Updated On : 14 Jan 2025 | 3:55 PM IST

Andhra Pradesh will be transformed into a green energy hub, says CM Naidu

Chief Minister N Chandrababu Naidu on Sunday said that Andhra Pradesh will be transformed into a clean and green energy hub, encouraging the use of non-polluting fuel. Observing that revolutionary changes are happening across the country in fuel and energy, the CM said the southern state is very keen on using natural gas. "We are very keen to use natural gas in Andhra Pradesh and for that we will extend all the cooperation to those who are interested to work in this direction," said Naidu, addressing a conference organised by a city gas distribution company. On Sunday, he started piped gas supply for domestic consumers in Tiruchanur and also flagged off a rally of vehicles powered by compressed natural gas. During the erstwhile TDP government in 2014-2019, Naidu said he planned gas distribution for 99 lakh families in all cities of the state by engaging five companies, but alleged that the YSRCP government had cancelled them. However, as soon as he became the CM in 2024, Naidu sai

Andhra Pradesh will be transformed into a green energy hub, says CM Naidu
Updated On : 12 Jan 2025 | 11:47 PM IST

Envision bags 1GW wind, first 320 MWh BESS orders from Juniper Green Energy

Envision Energy India on Thursday said it has secured a 1 GW wind energy project and its first 320 MWh battery energy storage system order from Juniper Green Energy (JGE). JGE will deploy Wind Turbine Generators (WTGs) for various projects secured through State and Central auctions, as well as the Battery Energy Storage System (BESS) package for the Firm Dispatchable Renewable Energy (FDRE) project awarded to SJVN under its first FDRE auction, according to a statement. Envision Energy India said it has signed up with JGE for the supply of 200 EN 182|5MW turbine platforms, along with its debut 320 MWh BESS. Envision's WTGs are based on 182-metre rotor diameter, hub height of 140-metre and an ideal configuration for wind & site conditions in India. This 5MW turbine platform has a proven performance in booming markets of Middle East and North Africa (MENA) region, Southeast Asia, and China. Envision's energy storage solution with 5MWh and 20-feet containerised storage unit will be ..

Envision bags 1GW wind, first 320 MWh BESS orders from Juniper Green Energy
Updated On : 09 Jan 2025 | 1:14 PM IST

Karnataka HC strikes down central rules on green energy open access

The Karnataka High Court has invalidated the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022, formulated by the Central Government for the generation, purchase, and consumption of renewable energy. The Court ruled that the Centre lacked the authority under the Electricity Act, 2003, to frame such rules, as the Act specifically grants this power to the Karnataka Electricity Regulatory Commission (KERC). Justice N S Sanjay Gowda noted that the Act was designed to ensure that regulatory powers, including tariff determination and open access provisions, are handled by independent bodies like the KERC, free from governmental interference. "The Parliament, through the Electricity Act, entrusted the Regulatory Commissions with the exclusive power to oversee open access. The Central Government cannot bypass this legislative mandate by framing its own rules," the Court stated. The Court also struck down the Karnataka Regulatory Commission (Terms and ...

Karnataka HC strikes down central rules on green energy open access
Updated On : 08 Jan 2025 | 6:51 PM IST

India has clean energy capacity over 200 GW; investments to double in 2025

As barren arid land gets covered with solar panels and giant windmills dot the coastline, India made it to the high table of clean energy superpowers with installed capacity crossing 200 gigawatts and projections of investment doubling to over USD 32 billion in 2025. According to the International Energy Agency, India's annual renewable capacity additions through 2030 are expected to increase more quickly than any other major economy, including China. It seeks India's capacity addition more than quadrupling from 15 GW in 2023 to 62 GW in 2030. By the end of 2024, its installed capacity touched 205 GW. Alongside, domestic solar PV and wind turbine manufacturing is being scaled up as part of the broader commitment to decarbonise and shift away from fossil fuels. India, which has set 2070 as the target for Net Zero, is aiming 500 GW of renewable energy capacity by 2030. To achieve this it is looking to add 50 GW of renewable energy (RE) capacity annually. Talking to PTI, Union New & .

India has clean energy capacity over 200 GW; investments to double in 2025
Updated On : 31 Dec 2024 | 10:58 AM IST

CRISIL analysis: Sprint towards power sector's 500 Gw of green energy goal

As of October 2024, India's non-fossil base, including solar, wind, large-hydro and other renewables, surpassed 200 gigawatt (Gw)

CRISIL analysis: Sprint towards power sector's 500 Gw of green energy goal
Updated On : 24 Dec 2024 | 7:00 PM IST

Govt reviews $30 billion sulphur-cutting programme for coal plants

Instead of FGDs, government officials have proposed deploying locally made electrostatic precipitators that remove fine particles such as dust and smoke from emissions

Govt reviews $30 billion sulphur-cutting programme for coal plants
Updated On : 24 Dec 2024 | 3:51 PM IST

NTPC to establish green hydrogen infrastructure in Odisha under MoU

State-run power giant NTPC on Monday said it has signed an initial pact with GRIDCO and CRUT to set up green hydrogen infrastructure in Odisha. NTPC has signed a Memorandum of Understanding (MoU) with GRIDCO, a Government of Odisha undertaking for Energy and Capital Region Urban Transport (CRUT), the public transit agency of the state government, on Monday, as per a statement. The tripartite MoU intends to further green energy technologies in Odisha, especially green hydrogen mobility scheme. As per the MoU, NTPC will set up a green hydrogen fuelling station in Bhubaneswar, along with hydrogen buses for short-haul and long-haul operations. This will open an option of phasing out fossil fuel buses in favour clean and green fuels, bringing decarbonisation and energy security. The Ministry of New & Renewable Energy has contributed partially for setting up of the project in Bhubaneswar. The NTPC is operating the green hydrogen blending project in Surat for the last two years and has

NTPC to establish green hydrogen infrastructure in Odisha under MoU
Updated On : 23 Dec 2024 | 11:12 PM IST

Ireda sanctions over Rs 3,000 crore for green energy projects in Odisha

The Indian Renewable Energy Development Agency Limited has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, a top IREDA official said here on Monday. Chairman and Managing Director of IREDA, Pradip Kumar Das said this while addressing the Odisha Solar Investor Conclave, organised by GRIDCO and iFOREST (International Forum for Environment Sustainability and Technology) here. Das reaffirmed its commitment to Odisha's ambitious renewable energy target, with the state setting its vision on achieving 10 GW (gigawatt) capacity by 2030. He highlighted IREDA's unique position as a competitive financier with fully paperless, digitized and borrower-friendly operations, fostering seamless support for green energy projects. Das said Odisha has the potential to emerge as a leading solar power producer and a hub for solar equipment manufacturing. Sharing IREDA's national contributions, he noted tha

Ireda sanctions over Rs 3,000 crore for green energy projects in Odisha
Updated On : 23 Dec 2024 | 7:47 PM IST

India needs greater support to achieve 2030 clean energy goals: Report

GH2 will not be cost-competitive with natural gas-based grey hydrogen until after 2050, as per the report. Current subsidies cover only 5 per cent of the cost gap and will run out before 2030

India needs greater support to achieve 2030 clean energy goals: Report
Updated On : 18 Dec 2024 | 12:07 AM IST

Jindal Saw to acquire 31.2% stake in ReNew Green Energy for undisclosed sum

Jindal Saw on Tuesday said it has inked a pact to acquire 31.20 per cent equity in ReNew Green Energy. However, the company did not divulge the financial details of this equity acquisition. In a filing, Jindal Saw said, "It has entered into a share purchase agreement with ReNew Green Energy Solutions Private Limited (RGES) to acquire shareholding up to 31.20 per cent equity share capital in ReNew Green MHH One Private Limited (RGMHH), which resulted RGMHH as an associate of the company". The acquisition is with an objective to procure electricity at a concessional rate, the company said. Jindal Saw further said it aims to complete the acquisition by May 31, 2025, or any other date as may be mutually decided between the parties. It is a manufacturer and supplier of steel pipe products, fittings and accessories with manufacturing facilities in India, the US, Europe and the UAE.

Jindal Saw to acquire 31.2% stake in ReNew Green Energy for undisclosed sum
Updated On : 17 Dec 2024 | 9:50 PM IST

Energy symbiosis, not transition: A revealing take on climate challenges

Jean Baptiste-Fressoz's book exposes how governments and corporations embrace green rhetoric while reinforcing the carbon economy

Energy symbiosis, not transition: A revealing take on climate challenges
Updated On : 17 Dec 2024 | 1:29 AM IST