Page 19 - Green Energy

Aditya Birla group to invest in green energy as rivals make commitments

'Thin line between hustle and hubris', Kumar Mangalam Birla warns upcoming companies in blog post

Himachal Pradesh targets to be first 'green energy state' by 2025: CM Sukhu

The Himachal Pradesh government intends to make the state as the first Green Energy State by the end of 2025 by harnessing hydro, hydrogen and solar energy and switching to green products, Chief Minister Sukhvinder Singh Sukhu said on Friday. Presiding over a meeting of senior officers of the energy department and HPSEBL, he directed all the concerned departments including HPSEBL, HIMURJA, Himachal Pradesh Power Corporation Limited (HPPCL) and the Department of Energy to initiate action in this direction and make policy changes, wherever required. He said that refurbishing the present system is essential and the departments should focus on harnessing green energy in the best interest of the State. To ease the norms, the Chief Minister directed the officers to make necessary amendments to the existing power policy and open all the solar projects up to 5 MW capacity for allotment. The state government would also invest in solar plants and will install 500 MW solar projects during the

WEF: Experts pitch for carbon pricing standards to accelerate green energy

Carbon pricing is essential to unlock trillions of dollars in private capital needed to reach emission reduction targets, experts and business leaders said on Thursday

NTPC, Reliance, Adani top green hydrogen plays to bet on, say analysts

As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries

Need to forge pacts to attain India's net-zero targets: Industry leaders

"India can be the world platform for green energy but regulation needs to be accelerated"

India sets targets for green hydrogen consumption by some industries

Green hydrogen is a zero-carbon fuel made by electrolysis, using renewable power from wind and solar to split water into hydrogen and oxygen

L&T partners with H2Carrier to develop floating green hydrogen projects

L&T strongly believes its expertise in ammonia and hydrogen production makes it an 'ideal partner' for H2C in this venture

Centre to seek bids to set up green hydrogen manufacturing plants by May

The bidding process is part of a first phase of a $2 billion incentive plan announced last week to boost use of green hydrogen to cut emissions and make India a major exporter in the field

Mukesh Ambani to focus on green energy as scions helm other Reliance units

Reliance is seeking billions of dollars of investments in India's energy sector and has approached potential investors including Middle Eastern funds, two of the people said

Cabinet approves Rs 19,744 cr for National Green Hydrogen Mission

Plan to have four components; domestic manufacturing of electrolysers key focus area

Railways to roll out hydrogen-powered trains on heritage routes by Dec 2023

"This will mean that these heritage routes will go completely green," said Vaishnaw

Torrent Power to buy 1.1 Gw green energy capacity from ReNew Energy: Report

Ahmedabad-based Torrent Power has submitted a non-binding offer (NBO) for ReNew's solar and wind assets of 350 and 450 Mw for $450 million

Goal set for up to Rs 50,000-crore green investments in Uttar Pradesh

The state has set a target to generate 22,000 megawatt (Mw) of solar power over the next five years

Kinetic to start producing electric version of Luna at Ahmednagar plant

Company set ups dedicated production line with an initial capacity of 5,000 sets per month

Multi-pronged policy support gives green signal to renewable energy: CRISIL

Currently, non-fossil or clean sources make up around 25 per cent of energy and 40 per cent of the installed power base in the country

After the year of reset, businesses now poised to truly get back in form

Some firms braved the headwinds and stepped on the gas, others played it safe; green energy turned a bright spot

Inox Green to acquire majority stake in independent wind service provider

Inox Green Energy Services on Monday said it will acquire a majority stake in an independent wind service provider that operates majorly in South India with a 230+MW fleet. However, the company did not disclose the value of the transaction and the name of the target company. The transaction is subject to certain regulatory and other customary closing conditions and is expected to conclude by the end of January 2023, a company statement said. "Inox Green...has signed a term sheet for acquisition of majority stake in a renowned independent O&M (operations and maintenance) wind service provider with a 230+MW fleet that operates majorly in South India," it said. The target company specializes in O&M of multibrand wind turbine OEMs (original equipment manufacturers) and provides comprehensive O&M services as well as specialized corrective maintenance services. Inox Green is actively pursuing inorganic growth opportunities along with the rapid growth that it envisages from the ..

India can't afford yet more disruptions to supply chains: Ficci President

'What is most unfortunate is that countries are looking to finance their transition to a green economy by taxing others'

RE firms may use rupee loans to refinance $3 bn overseas green bonds

Costly overseas funds forcing them to tap domestic sources

Trends show coal is here to stay despite India's renewable energy goals

Coal is dirty -- it makes up for 40 per cent of carbon dioxide emissions from fossil fuels, its mining wreaks havoc on the environment and burning it produces pollutants like mercury which are linked to acid rain and particulate matter that causes respiratory illnesses. But the war in Ukraine has caused a mini-energy crisis globally, pushing its use to record levels this year. And India, the world's third largest energy consumer, was at the forefront of the global rise in coal usage as it fell back on the easiest available fossil fuel in the face of a surge in oil and gas prices that threatened to derail the economic recovery from the pandemic. The trends of coal consumption and production this year indicate that the dirty fuel is here to stay despite the nation's ambitious target of meeting 50 per cent of energy requirements from renewable energy and non-fossil fuel capacity of 500 GW by 2030. India's coal consumption has doubled since 2007 at an annual growth rate of 6 per cent an