Page 2 - Green Energy

Trump's rebranding of climate change is aimed more at global regime change

Trump's UN address targets global discontent, framing climate action as elite-driven, turning science into a political wedge for ideological gain

Over 17,000 rooftop solar plants installed in Delhi under govt's green push

The adoption of rooftop solar plants in the national capital is picking up gradually under the PM Surya Ghar Muft Bijli Yojna, with over 17,000 plants installed so far in a joint green push by the Delhi government and power discoms, officials said on Friday. Delhi Chief Minister Rekha Gupta, in an open letter to residents of the city, had appealed for the adoption of solar power. Under this scheme, the Delhi government is providing a capital subsidy of Rs 30,000 for solar plants up to 3 KW capacity. The banks offer loans for solar panel installation at the rates of 6.50-7 per cent, she said in the letter. If someone installs a solar rooftop plant up to 3 KW, they will receive a total subsidy of Rs 1.08 lakh, Rs 78,000 from the Centre and Rs 30,000 from the Delhi government. Furthermore, if a consumer's monthly electricity consumption is 500 units, they will enjoy a zero electricity bill after installing the 3 KW rooftop solar plant. Additionally, they will receive a monthly ...

ENGIE secures 100 MW solar project in Barmer from SECI in Rajasthan

Global energy company ENGIE on Friday said it has secured a 100 MW solar project in Barmer, Rajasthan, from the Solar Energy Corporation of India. Located in one of India's highest solar irradiance zones, the Barmer project is expected to be commissioned in 2027 and is a strategic addition to ENGIE's growing portfolio in Rajasthan, which now approaches 1 GW, a company statement said. According to the statement, ENGIE, a global leader in low-carbon energy and services, proudly announces the signing of a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 100 MW Solar Photovoltaic (PV) project in Barmer, Rajasthan. Amit Jain, CEO and Country Manager, India MD Renewables & Batteries India & South-East Asia, said in the statement, Our agreement with SECI marks a pivotal chapter in ENGIE's growing partnership in India and reflects our shared ambition to accelerate the country's clean energy transition. The Barmer project is focused on delivering ..

Saatvik Green Energy bags solar modules supply orders worth over ₹700 cr

Saatvik Green Energy on Wednesday said it has secured supply orders for solar PV Modules worth over Rs 700 crore. All orders are set to be delivered in this financial year, a company statement said, adding that these repeat orders were from leading engineering, procurement, and construction companies and from independent power producers. The parent firm, Saatvik Green Energy Ltd, received orders worth Rs 488 crore, while its material subsidiary, Saatvik Solar Industries, received contracts worth Rs 219.62 crore. "At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions. These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability," Prashant Mathur, CEO of Saatvik Green Energy said. Saatvik Green Energy Ltd is a top Indian maker of high-efficiency solar PV modules and the main company in the Saatvik Group. The company works with a wide range of utility-sc

IPO-bound Tata Capital focuses on green financing, tech for growth

Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday. "Over the last decade, the cleantech portfolio has financed over 500 renewable projects and sanctioned more than 22,400 MW of capacity across solar, wind, biomass, small hydro, among others," MD and CEO Rajiv Sabharwal said. "The cleantech segment combines rapid growth with high-quality, secured assets, underpinned by technology-driven monitoring and disciplined underwriting. The portfolio is among the cleanest in the NBFC space, positioning the company as a key mobilizer of global climate capital," he said. The Tata Group NBFC said it is building for the long term with a vision anchored on trust, ...

Saatvik Green Energy IPO listing: Stock makes flat debut; quick overview

Saatvik Green Energy shares listed at ₹465 per share, the IPO issue price, on the National Stock Exchange

India may attract $100 bn investments in green hydrogen by 2030: Joshi

India targets 5 MTPA green hydrogen by 2030, eyeing $100 bn investment and 600,000 jobs, as renewables surge and the nation aims to be a global hydrogen hub

KPI Green Energy secures ₹3,200 cr sanction from SBI for Gujarat projects

The sanction will part-finance the firm's 250 MW solar project and 370 MW hybrid project, strengthening its IPP portfolio with a combined capacity of over 1 GWp

Relux Electric and Tamil Nadu Green Energy to set up EV charging points

Relux Electric Pvt Ltd, an electric vehicle charging infrastructure provider, has joined hands with the Tamil Nadu Green Energy Corporation Ltd to set up about 500 EV charging stations across the State. As part of the association, the two entities would conduct a feasibility study to identify land across Tamil Nadu for establishing the charging stations. "This initiative aligns with the vision of Tamil Nadu to expand EV infrastructure, reduce carbon emissions and promote cleaner transportation," a press release from Relux Electric Pvt Ltd said on Wednesday. Currently, Tamil Nadu has around 1,300 EV charging stations and it is developing a digital map to help users locate nearby charging points. Relux Electric Pvt Ltd Managing Director Karthikeyan S said, "This collaboration between the State and Relux comes at the right time to accelerate EV adoption in TN." "It will be a significant step towards transforming Tamil Nadu into an electric mobility hub, and will open up opportunitie

KPI Green lists India's first externally credit-enhanced ₹670 cr green bond

Gujarat-based renewable energy developer and operator KPI Green Energy on Thursday announced the successful listing of its inaugural green bond worth Rs 670 crore on the National Stock Exchange of India. This marks a significant advancement for sustainable finance in India's renewable sector, a company statement said. The five-year bond carries an annual coupon rate of 8.50 per cent with a quarterly amortisation profile. It is supported by a 65 per cent partial guarantee from GuarantCo , part of the Private Infrastructure Development Group, which is funded by the governments of the United Kingdom, Switzerland, Australia, Sweden, Netherlands, Canada and France. GuarantCo is rated AA- by Fitch and A1 by Moody's. This external credit enhancement has enabled AA+(CE) rating from both CRISIL and ICRA, broadening the investor base to include long-term domestic institutions such as infrastructure funds, mutual funds, and insurance companies. Bond proceeds will be used to expand KPI Gree

KPI Green Energy to raise $363 million from SBI, says CFO Salim Yahoo

The loan approval comes amid the Indian government's green energy push targeting 500 gigawatts of non-fossil capacity by 2030

Saatvik Green Energy IPO opens on Sept 19, sets price band at ₹442-465

Saatvik Green Energy aims to raise ₹900 crore through a combination of fresh issue of 15.1 million equity shares worth ₹700 crore and OFS of 4.3 million shares worth ₹200 crore

China to turn coal plants into nuclear stations to power green shift

China plans to repurpose retiring coal plants into nuclear stations under a C2N strategy led by CEEC, deploying advanced reactors to cut costs and accelerate decarbonisation

Green energy push: Driving India's economic and geopolitical future

India can position itself as the world's renewable powerhouse and green fuel exporter

India to add record 43 GW renewable energy capacity in 2025: Pralhad Joshi

India has added 30 GW of renewable energy capacity so far in 2025 and is on track to reach 43 GW by December, with projects aligning to the 500 GW target by 2030

Green energy aided by strong ecosystem, say industry representatives

India's renewable energy sector is growing fast but faces hurdles in financing, transmission, and storage, even as policy support and innovation drive progress toward 2030 targets

India's renewable energy target hinges on open access to industries

States must shift open access from a reluctant concession to a core strategy, as lower power costs for industries are key to the wider energy transition

Solar park projects to drive Uttar Pradesh's green energy road map

The Yogi Adityanath government, under its Solar Energy 2022, is targeting 22,000 Mw of solar capacity

No major impact of additional tariff or trade uncertainty: Suzlon V-C

The Indian industry is at a stage where renewables have moved from a "nice to have" to "must have" position, says Tanti

Lack of green H2 infra key issue in expanding clean transport: Gadkari

Gadkari underlined the need to shift away from private vehicles by offering airline-like facilities in public transport at lower costs