Page 29 - Green Energy
US to help India achieve 450 GW green energy goal by 2030: John Kerry
US Special Presidential Envoy on Climate Change John Kerry has welcomed India's ambitious goal of generating 450 gigawatts of renewable energy by 2030
 "US to help India achieve 450 GW green energy goal by 2030: John Kerry")
ReNew Power lines up $9 billion over 4 years in India's green push
The company plans to triple capacity to 18.5 Gw by 2025
 "ReNew Power lines up $9 billion over 4 years in India's green push")
Cabinet clears Rs 4,500-cr PLI scheme for solar PV modules manufacturing
The Union Cabinet on Wednesday approved a production linked incentive (PLI) scheme with an outlay of Rs 4,500 crore to add 10,000 MW capacity of integrated solar PV modules manufacturing plants
 "Cabinet clears Rs 4,500-cr PLI scheme for solar PV modules manufacturing")
Green energy arm of NTPC to raise Rs 2,100 crore through term loan
NTPC REL is likely to borrow through both domestic and international markets to minimise the borrowings costs
 "Green energy arm of NTPC to raise Rs 2,100 crore through term loan")
Making power consumer a king
The Indian power consumer, in addition to being given the choice of buying green electricity only, might also get to choose the supplier soon.
Adani Green raises $1.35 bn to finance its renewable portfolio
The debt facility, with participation from 12 intl banks, would initially finance the company's 1.69 GW hybrid portfolio of solar and wind renewable projects to be setup in 4 SPVs in Rajasthan
 "Adani Green raises $1.35 bn to finance its renewable portfolio")
Urgent action needed for clean energy for all by 2030: UN member states
Over 20 ministerial-level "Global Champions" from the UN member states have issued messages, calling for urgent action to achieve affordable, clean energy for all by 2030
 "Urgent action needed for clean energy for all by 2030: UN member states")
Aid agencies to achieve 175 GW renewable energy by 2022: Parliament
A parliamentary panel has asked the MNRE to monitor working of the implementing agencies on a real-time basis and aid them help achieve a target of having 175 GW of renewable energy capacity by 2022.
Dealing a blow: Green policy flip-flops spook foreign investment firms
Centre calls a meeting between states, PEs, funds
 "Dealing a blow: Green policy flip-flops spook foreign investment firms")
Ashok Leyland ups sourcing of clean energy, to cut carbon footprint by 60%
Hinduja Renewables, part of the Hinduja Group, has built a solar plant for Ashok Leyland
 "Ashok Leyland ups sourcing of clean energy, to cut carbon footprint by 60%")
Interview with Vipul Tuli on India's energy sector and the challenges ahead
The company has shifted its focus towards green energy and recently commissioned 800 megawatt of wind power projects
 "Interview with Vipul Tuli on India's energy sector and the challenges ahead")
Explore green hydrogen potential to boost Ladakh's economy: LG R K Mathur
Ladakh Lieutenant Governor R K Mathur stressed on exploring the possibility of using 'green hydrogen' for transport, heating and lighting purposes in the Union territory
 "Explore green hydrogen potential to boost Ladakh's economy: LG R K Mathur")
Nestle to recycle 100% packaging by 2025 to reduce carbon footprint
Globally, firm aims to become net zero by 2050 via reduced use of water at farms, sustainable packaging and use of green energy at all its 800 plants and warehouses
 "Nestle to recycle 100% packaging by 2025 to reduce carbon footprint")
The 'stunner' from India
India's rooftop solar installations are a little over 10% of the 40-Gw target set for 2022
 "The 'stunner' from India")
Green energy to offer $20-bn annual business potential for 10 years: PM
India has the fourth-largest renewable energy capacity, at 136 Gw, which is estimated to rise to 220 Gw by 2022
 "Green energy to offer $20-bn annual business potential for 10 years: PM")
At Rs 3.13 a unit, Delhi's Lady Irwin College will generate 80% own power
Set up by Oakridge, the plant save up to Rs 3.81 crore in bills over the life of the project
 "At Rs 3.13 a unit, Delhi's Lady Irwin College will generate 80% own power")
Green energy set for higher share in NTPC basket over next decade
Over the next decade, NTPC's energy basket will see thermal portfolio fall to 70 per cent from 90 per cent and that of renewable sources increase to 25 per cent from miniscule 1.7 per cent right now
 "Green energy set for higher share in NTPC basket over next decade")
Power equipment companies changing tack in push for green energy
The second of a two-part series talks about how stiff competition in thermal projects is forcing manufacturers to focus on renewable sector
 "Power equipment companies changing tack in push for green energy")
Tata Power to raise green energy portfolio to 50% with focus on renewables
Tata Power currently has a consumer base of 2.5 million and it aims to quadruple it to 10 million over the next five years
 "Tata Power to raise green energy portfolio to 50% with focus on renewables")
ReNew Power to raise Rs 1,000 cr equivalent in part-guaranteed forex bonds
Will be the first such issuance in over a year, signalling that high-yield markets overseas are opening up, but remain circumspect on likely impact on debt serviceability after Covid outbreak
 "ReNew Power to raise Rs 1,000 cr equivalent in part-guaranteed forex bonds")