Page 16 - Green Energy

Epsilon to establish EV battery component factory in US, sets aside $650 mn

Mumbai-based Epsilon will generate more than 1,500 direct and indirect jobs at this new facility. The facility is expected to be commissioned by 2026

US, India to pursue energy transition goals, to set up investment platform

The US also welcomed India's decision to co-lead the multilateral Hydrogen Breakthrough Agenda

SJVN partners Mahagenco for 5,000 MW green energy projects in Maharashtra

SJVN on Wednesday signed an agreement with Mahagenco to develop renewable energy projects with a total capacity of 5,000 megawatts (MW) in Maharashtra. The MoU was signed by SJVN Director (Personnel) Geeta Kapur and Mahagenco CMD P Anablagan in the presence of Devendra Fadnavis -- Deputy Chief Minister and Power Minister of Maharashtra and State Principal Secretary Energy Abha Shukla, SJVN said in a statement. "Nand Lal Sharma, Chairman & Managing Director, SJVN informed that the company has signed a Memorandum of Understanding (MoU) with Maharashtra State Power Generation Company (Mahagenco) for the development of 5,000 MW Renewable Energy Projects in the state of Maharashtra," the company said. Under the pact, the companies will explore the feasibility of setting up various renewable projects in Maharashtra, including hydro, pumped storage projects, wind, solar, hybrid and green hydrogen projects, the CMD said. SJVN and Mahagenco will jointly participate in tenders floated by ...

Clean energy a $2 trillion opportunity for RIL: Bernstein report

RIL could potentially achieve around $10 billion of revenue from new energy business in 2030

Rs 64,000-crore renewable energy transmission projects on the anvil

The last largest tranche of power transmission projects offered to the private sector was in 2015 when eight projects totalling Rs 50,000 were tendered

What are green skills and which sectors are hiring for them right now?

As the industries shift towards more resource-conscious and eco-friendly goals, here is everything you need to know about green skills, job, and growing sectors

KPI Green Energy gets letter of intent for 40 MW hybrid project in Gujarat

KPI Green Energy on Wednesday said it has got a letter of intent (LoI) from a private player to develop a 40 megawatt hybrid green energy project in Gujarat. The capacity includes 21.50 MW wind and 18.5 MW solar, the company said in a regulatory filing. "KPI Green has received a new largest single LoI for executing Wind-Solar Hybrid Power Project of 40 MW capacity from Anupam Rasayan India, Surat under Captive Power Producer (CPP)' business segment of the company," it said. This LoI is a significant milestone for the company, showcasing its strong position in the renewable energy market.

SC's intervention positively impacted Taj city's environment: Activists

The 'Green Activists' of the Agra city on Monday said that the cumulative impact of dozens of pollution abatement measures at the intervention of the SC has made Taj city environment cleaner

Legal issues in green finance need to be cleared up

The central bank has identified renewable energy, waste management, clean transport, energy efficiency, and afforestation as projects to be funded from green deposits

Green energy to agri, winners of Startup India to get 'handholding support'

As a part of the handholding exercise, multiple virtual and physical sessions, delegations, showcases, and programs of specialised support will be organised

India, EU should use trade council for stable green energy supplies: Frans

European Union's climate policy chief Frans Timmermans on Thursday suggested using the India-European Union Trade and Technology Council to have access to technology and raw material necessary for stable green energy supplies to fight the climate crisis. On the first day of his two-day crucial diplomatic mission to India to discuss developments on emission reductions and clean energy transition, Timmermans also called for collectively setting a renewable energy generation goal on the international stage. Addressing the 'Confederation of Indian Industry Annual Session 2023' here, he said the whole nature of the cooperation between the EU and India should be focused on how "we create the instruments that will allow us transform our economies and societies in a way that we create sustainable jobs". "If you want to depend more on sustainable energy, you have to develop systems which create stability in energy supplies which means battery systems and green hydrogen systems for which you

India, only major economy close to meeting Paris Agreement goals: Report

Balancing the energy trilemma, the report shows that India's policy reforms have fostered stability, and accessibility and is on the track for green transition

Investments in green energy now 70% higher than in fossil fuels: IEA

The Paris-based agency said that the war in Ukraine has accelerated momentum behind the deployment of clean energy technologies

Innovation plays critical role in reducing emissions: OPEC Secy Gen

"We need to focus on 'all-peoples, all-fuels and all-technologies' approach for the energy transitions,'' he noted

Green energy to hold a third of REC's loan portfolio by 2030: CMD

The management also said its growing exposure to green energy sector, non-power sectors, such as infrastructure, logistics and irrigation aided its growth plans

India's G20 Presidency, opportunity for financial institution, says Bhalla

India's G20 Presidency is an opportunity for offshore wind countries, businesses, and financial institutions to work together for clean energy transition ambitions, New & Renewable Energy Secretary Bhupinder Singh Bhalla said. As part of the third Energy Transition Working Group (ETWG) meeting under India's G20 Presidency, Ministry of New and Renewable Energy (MNRE) in collaboration with the Global Wind Energy Council (GWEC) and National Institute of Wind Energy (NIWE) convened a high-level event 'Harnessing Offshore Wind for Accelerating Energy Transition: The Way Forward' on Tuesday in Mumbai', an official statement said. The event brought saw a gathering of government representatives, financial institutions and senior domestic and international industry representatives. The event emerged as a platform for the exchange of urgent priorities for bolstering offshore wind deployment in India and globally - permits and clearances, supply chain resilience, low-cost financing, capacity

Saint-Gobain signs PPA with Vibrant Energy for 189 GW of green power

Construction and industrial products major Saint-Gobain has signed a power purchase agreement (PPA) in India with Vibrant Energy to provide wind-solar electricity to six local sites

Focusing on budget-oriented buyers, Ather to launch 450S to gain mkt share

The new electric scooter is likely to miss on features like the 7-inch TFT touchscreen and auto-hold. The feature of riding modes may also be omitted to bring costs down

Biju Patnaik Airport inaugurates 4 MW solar plant, switches to green energy

The airport is committed to continuously reducing energy consumption and carbon footprint through various initiatives

NTPC, IOC try 'ITC diversification strategy' to craft plans for clean fuels

Like tobacco major, the state-owned power generator and fuel retailer are seeking to transition from toxic fossil fuel businesses to green energy but rely on those margins to grow these new ventures