Advertisements Prime Minister Narendra Modi will on Saturday dedicate and also lay the foundation stone of various green energy projects of National Thermal Power Corporation Limited worth over Rs 5,200 crore, and launch power sector’s revamped distribution sector scheme as… Read More ›
Green Energy
ReNew To Invest USD 8 Bn To Set Up Green Hydrogen Plant In Egypt
Advertisements ReNew Power has signed a preliminary agreement with the Egyptian government to invest as much as $8 billion (over Rs 63,000 crore) to produce green hydrogen in the African country, according to the chairman of the renewable energy firm…. Read More ›
Adani Group Market Capitalisation Exceeded USD 200 Bn: Gautam Adani
Advertisements Gautam Adani, Chairman, Adani Group, has said that the combined Group market capitalisation this year exceeded $200 billion. “We were able to raise billions of dollars from the international markets, a direct validation of confidence in the India and… Read More ›
EESL To Invest INR 150 Cr For Upscaling Energy Efficiency Projects
Advertisements State-owned Energy Efficiency Services Ltd (EESL) will invest Rs 150 crore for upscaling 100 energy efficiency projects in different industrial units of various sectors. “With the aim to augment the use of energy efficiency solutions in the industry sector,… Read More ›
India Needs USD 15 Bn Funding To Set Up 15 GW Hydrogen Capacity By 2030: V K Saraswat
Advertisements India will need a funding of USD 15 billion to set up 15 GW (gigawatt) of green hydrogen capacity by 2030, NITI Aayog Member V K Saraswat said on Thursday. He was speaking at a conference ‘India@2030: A Roadmap… Read More ›
Investing For Climate And Sustainability: The Next Big Opportunity
Advertisements By Anjali Bansal, Founder, Avaana Capital & Shruti Srivastava, Principal, Avaana Capital The year is 2050. Rising ocean levels have rendered erstwhile metros like Singapore, New York and Mumbai uninhabitable and destroyed port logistics globally. Extreme weather events have… Read More ›
Australia’s Woodside To Invest USD 10 Mn In Methane Recycling Firm String Bio
Advertisements Australia’s Woodside Energy Group said on Monday it would invest $9.9 million in a greenhouse gases recycling firm and potentially use the Indian company’s technology to recycle methane in its facilities. Woodside said the technology of India’s String Bio… Read More ›
British Private Equity Firm Actis To Buy 10 Percent Of Brazil’s Omega Energia
Advertisements Brazilian renewable energy company Omega Energia MEGA3.SA said on Monday that British private equity firm Actis LLP will acquire 10% of its capital stock for around 770 million reais ($147 million). Tarpon Investimentos, which holds a controlling stake in… Read More ›
Andhra Cabinet Approves 3,700 MW Adani Green Energy Projects In 4 locations
Advertisements The Andhra Pradesh cabinet on Friday approved the proposal of Adani Green EnergyLimited for setting up pumped hydro storage projects, with a total capacity to generate 3,700 MW of power, at four different locations in the state. Adani came… Read More ›
Renewable Energy Auctions To Attract Large Developers: IEEFA Report
Advertisements Large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022, a new report by the Institute for Energy Economics and Financial… Read More ›