Page 3 - Green Energy

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

India awards 862,000 TPA green hydrogen capacity, eyes 10% of global demand

India awards 862,000 TPA green hydrogen capacity to 19 companies, aiming to capture 10% of global green hydrogen demand by 2030, says Union Minister Shripad Naik at FICCI Green Hydrogen Summit

Juniper Green Energy gets ₹1,739 cr debt funding from Ireda for renewables

Juniper Green Energy on Wednesday said it has secured Rs 1,739 crore in debt financing from Indian Renewable Energy Development Agency Ltd (IREDA). This funding will support the growth and development of Juniper Green Energy and its subsidiaries, enabling the execution of large-scale renewable projects and strengthening its operational capacity, a company statement said. According to the statement, Juniper Green Energy has successfully secured Rs 1,739 crore in debt financing from IREDA. This round of financing follows Juniper Green Energy's successful USD 1 billion debt raise last year, from leading financial institutions, including Power Finance Corporation Ltd (PFC), DBS Bank, HSBC Bank, and IREDA. "This funding from IREDA marks another important step in our growth journey. We remain committed to scaling renewable energy infrastructure that is sustainable and aligned with India's energy goals," Parag Agrawal, Chief Financial Officer, Juniper Green Energy, said. Juniper Green En

Foreign firms linked to up to 30% of China's carbon emissions, says study

Foreign companies drove a quarter of China's corporate emissions over two decades, with poorer inland provinces shouldering most of the environmental costs

Govt body NRDC suggests mandatory policy framework for zero emissions

ZEV credits will be calculated based on the difference between the ZEV-mandated requirements and the number of vehicles sold by the manufacturer

Govt scraps uniform tariff rule, dissolves pricing pools for green energy

The power ministry on Wednesday said it has done away with a uniform tariff mechanism and dissolved central pricing pools for renewable energy purchase pacts amid concerns over uncertainty on power tariffs. The move is expected to ease price discovery between renewable energy producers and users as well as deployment of renewable capacity in the country. In view of the substantial renewable energy capacity awaiting power sales agreement (PSA) signing and to expedite the deployment of RE, it has been decided to withdraw the order regarding the implementation of the Uniform Renewable Energy Tariff (URET) mechanism, the ministry said in a statement. Consequently, the Solar Power Central Pool and Solar-Wind Hybrid Central Pool shall stand dissolved, it said. Earlier, the ministry had ordered implementation of URET from February 15, 2024 for three years up to February 14, 2027. The URET mechanism and the associated central pools were notified to address the potential impact on procurer

NHPC, NTPC Green Energy to raise ₹4,500 cr via short-term bonds this month

NHPC eyes shorter-tenor bonds; NTPC Green plans debut local-currency issue of up to ₹3,000 crore

KPI Green Energy Q1 net jumps over 68% to Rs 111.32 cr on higher revenues

KPI Green Energy on Tuesday posted over 68 per cent jump in its net profit to Rs 111.32 crore for the June quarter, driven mainly due to higher revenues. Profit After Tax (PAT) reached Rs 111.32 crore, registering a 68 per cent increase from Rs 66.11 crore, backed by sustained margin expansion and disciplined financial practices, a company statement said. The company's total revenue stood at Rs 614.12 crore, up 75 per cent from Rs 349.85 crore a year ago, reflecting significant growth in project execution and continued momentum in solar and hybrid segment orders. The board approved the declaration of the first interim dividend at 4 per cent, i.e. Re. 0.20 (Twenty Paisa Only) per equity share of a face value Rs 5 each, for the financial year 2025-26. The dividend shall be paid within 30 days from the date of its declaration to the shareholders whose names appear in the Register of Members as on the record date. The board also approved raising funds through the issuance of ...

Policy decisions, not financial markets, can lead to real climate action

Without strong policy guardrails, markets alone can't drive the green transition

President Murmu urges MES officers to adopt green tech, build smart

As emerging leaders in the field of military construction, young Military Engineer Services (MES) officers have a crucial responsibility "not only to build but to build with responsibility", President Droupadi Murmu said on Wednesday. The MES plays a vital role in strengthening the operational readiness of the country's armed forces, she said. "By providing comprehensive engineering support, MES ensures that our troops are equipped with world-class infrastructure and facilities, enabling them to remain mission-ready under all conditions," Murmu said, addressing a group of MES probationers, who had called on her at the Rashtrapati Bhavan here. Murmu further called on the officers to focus on adopting renewable energy sources to promote sustainable development and reduce the carbon footprint of defence infrastructure. The President noted that MES is actively promoting the use of indigenous materials and technologies under the Make in India initiative, aligned with the national vision

Juniper Green Energy commissions additional 43 MWp in Maharashtra

Juniper Green Energy on Tuesday announced the commissioning of an additional 43 MWp at its power project site in Wardha, Maharashtra. The project supplies power to Maharashtra State Electricity Distribution Company Ltd (MSEDCL), through its subsidiary, Juniper Green Power Five Pvt Ltd, a company statement said. This marks the completion of the entire 103 MWp solar component of the 129 MWp hybrid power project. With this, Juniper Green Energy has commissioned the solar capacity in two phases -- 59.55 MWp on June 6, 2025, followed by 43 MWp on July 14, 2025 -- achieving full solar capacity within just eight months of signing the PPA (power purchase agreement. This execution brings the solar portion of the hybrid power project online nearly 16 months ahead of its scheduled commissioning date of November 17, 2026. "This achievement highlights our significant contribution to India's increasing need for clean energy," said Ankush Malik, Chief Executive Officer, Juniper Green Energy. Ju

Reliance's expansion into green energy segment sparks analyst optimism

Billionaire Mukesh Ambani's firm on Friday revealed details of progress of a $10 billion investment to build its clean energy portfolio and achieve net-zero carbon emissions by 2035

Assam halts green hydrogen policy; investors reassess plans: Report

Assam's decision to pause the green hydrogen policy surprised some of the companies, forcing them to recalibrate potential returns and investment plans worth millions of dollars, three of the sources

Uttarakhand cabinet clears geothermal energy policy to boost RE goals

The Uttarakhand Cabinet on Wednesday approved the Geothermal Energy Policy, under which scientific and technical research will be encouraged for the exploration of geothermal resources in the state. Official sources said here that the policy was approved in a cabinet meeting chaired by Chief Minister Pushkar Singh Dhami. Sources said that the policy's objective is to encourage scientific and technical research for the exploration of economically and environmentally viable geothermal resources in the state. They said that through geothermal energy, carbon emissions in the state will be reduced, and energy security will be strengthened. The policy will be implemented by the Energy Department in collaboration with various agencies. The Cabinet also approved the formation of a project management unit (PMU) for studies related to increasing the carrying capacity of bridges under the Public Works Department. In another decision, the Cabinet also approved the establishment of a digital

Tata Steel on track for green transition in UK, Netherlands: Chandrasekaran

Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasekaran said. In the UK, the company has progressed toward low-emission steelmaking with the decommissioning of two blast furnaces at Port Talbot, paving the way to transition to state-of-the-art Electric Arc Furnace-based steelmaking by fiscal 2028, supported by 500 million pounds of UK government funding. In the Netherlands, the company is in discussions with the Dutch government for financial and policy-level support on our decarbonisation plan. Tata Steel has also launched a cost transformation programme, targeting savings of 500 million