Tags: green energy

India’s renewable energy capacity crosses 100 GW; R K Singh says ‘landmark day’

India’s total installed renewable energy generation capacity crossed 100 GW mark on Thursday and the country is fourth in the world in terms of installed renewable energy capacity. The country has set an ambitious target to have 175 GW or 1,75,000 MW of renewable energy capacity by 2022. “The total installed renewable energy capacity in […]

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ReNew Power acquires two renewable energy assets totaling 359 MWs

ReNew Power today announced the acquisition of two assets with a combined enterprise value of INR 28.5 billion (US$384.0 million), which are expected to generate INR 3.8 – 4.0 billion (US$ 50.7 – 53.4 million) of EBITDA annually. ReNew announced that it will acquire L&T Uttaranchal Hydropower Ltd., which owns the Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T […]

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India added 601 MW renewable power, low-cost capital to fuel green energy projects, Renewable energy investment rose and more

This week’s solar news wrap includes, India added 601 MW renewable power, low-cost capital to fuel green energy projects, Renewable energy investment rose, Indonesia starts construction on region’s largest floating solar plant, CESL signs MoU with BSES for new Energy Transition Program India added 601 megawatt of commercial and industrial renewable power generation capacity in […]

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Ball Corporation Announces New Sustainability Goals, focus on renewables and recycling

Ball Corporation, one of the leading suppliers of sustainable aluminum packaging and aerospace technologies, has announced 2030 sustainability goals focused on enhancing product stewardship and social impact to create value for stakeholders, together with a vision on how industry partners can collaborate to achieve a fully circular aluminum beverage packaging system. Ball’s new global sustainability […]

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India’s wind market set to bounce back with 50% growth: Report

A new report, India Wind Energy Market Outlook 2025, jointly released today by the Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+) finds that India, the world’s fourth-largest wind power market, is expected to add nearly 20.2 GW of new wind power capacity between 2021-2025. This would increase the country’s 39.2 GW wind market […]

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Universal Access to Sustainable Energy Will Remain Elusive Without Addressing Inequalities: Report

During the last decade, a greater share of the global population gained access to electricity than ever before, but the number of people without electricity in Sub-Saharan Africa actually increased. Unless efforts are scaled up significantly in countries with the largest deficits, the world will still fall short of ensuring universal access to affordable, reliable, […]

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Supporting battery swapping solutions would lead to faster EV adoption: Chargeup

Founded in 2019 by Akshay Kashyap and Varun Goenka, Chargeup is building country’s one of the largest network of Battery Swapping Stations for e-rickshaws. The company is helping India achieve its electric mobility target by creating the largest distribution network for electric 2 & 3 wheelers. It has deployed an advanced technology based approach and […]

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New coal-fired power plants in India will be economically unviable: IEEFA

According to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded. “Coal-fired power simply cannot compete with the ongoing cost reductions of renewables. Solar tariffs in India are now […]

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World Environment Day: HDFC Bank Commits to Becoming Carbon Neutral by 2031-32

HDFC Bank announced it plans to become carbon neutral by 2031-32. As part of this initiative, the Bank is looking at reducing its emissions, energy, and water consumption. As part of its ESG strategy, the Bank will also focus on offering loans for green products like electric vehicles at lower interest rates and incorporating ESG […]

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IRENA Council Meets with Spotlight on Energy Transition ahead of COP26

More than 280 representatives from 96 countries will gather virtually to attend the 21st Council of the International Renewable Energy Agency (IRENA), next week as countries continue to calibrate energy policy in line with the achievement of sustainable development goals and a 1.5° future, ahead of COP26 this year.  The Council meetings will take place […]

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