Tags: renewable energy

Union Budget 2022 Expectation: Abhishek Pathak, Founder & CEO, Greenwear

Abhishek Pathak, Founder & CEO, Greenwear expects the Union Budget 2022 to lay down a 5-year plan to increase participation/usage of renewable energy resources by decentralized small industries and craft sector. He said The government should ensure growth in procurement from start-ups working with renewable energy resources. The textile industry alone has the potential to […]

Read more

Bharat Petroleum Collaborates with SECI to scale up Renewable Energy Portfolio

Bharat Petroleum Corporation Limited (BPCL) is aiming at 1GW of renewable energy portfolio by 2025. The collaboration with Solar Energy Corporation of India Limited (SECI) will help both organizations to leverage each other’s expertise to pursue opportunities in renewable energy space including solar, wind, electric mobility, hydrogen and waste-to-energy. Over a longer term, BPCL is […]

Read more

Adani signs 4.6 GW world’s largest renewable energy PPA with SECI

Adani Green Energy Ltd. has entered into an agreement with SECI to supply 4.6 GW of renewable energy According to the company, this is the world’s largest evergreen power purchase agreement. Adani Group has committed $50-$70 billion of investment in the renewables space. AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar […]

Read more

MG Motor India is now much more greener, adopts Wind Solar Hybrid Energy

MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (CleanMax) for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facility in Halol. With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years which is equal to planting more than 13 lakh trees. CleanMax’s vision […]

Read more

Supply-side flexibility needed for cost-effective integration of 450 GW of renewables by 2030: Study

The technology group Wartsila and KPMG, a leading consultancy firm, recently unveiled a joint study on the current status of the ancillary services market in India along with recommendations. The study demonstrates that supply-side flexibility is needed at the pan India level for an efficient and cost-effective integration of 450 GW of renewables by 2030. However, a step […]

Read more

Germany Announces Additional EUR 1.2 bn in Development Cooperation to India

At the ongoing bilateral government negotiations 2021 during the visit of the delegation of the German Ministry of Economic Cooperation and Development, the Federal Republic of Germany has announced new commitments to the tune of more than EUR 1.2 billion (approx. INR 10,025 crore) In a briefing held at the German Embassy, Ambassador Walter Lindner said, “You […]

Read more

IEX, PXIL set to resume trading of renewable energy certificates from Wednesday

The Indian Energy Exchange as well as Power Exchange of India Ltd are set to resume trading of renewable energy certificates from Wednesday after a gap of 16 months. Renewable Energy Certificate or green certificate trades were suspended in July 2020 after APTEL decided to postpone the trading by four weeks while hearing three separate […]

Read more

India aims for 500 GW of renewable energy by 2030

The ministry of power has issued a statement noting that Under the guidance of Union Minister of Power and New & Renewable Energy, the Ministry of Power and New & Renewable Energy  have issued revised guidelines providing for thermal generation companies to set up renewable energy generation capacity either by themselves through developers by open bids and […]

Read more

NITI Aayog, UNDP & UKIBC discuss critical SDG issues

The UK India Business Council recently hosted a panel discussion on the ‘Socio-Economic Impact’ of UK businesses in India at an event at the British High Commissioner’s Residence in New Delhi. UKIBC Executive Chair, Richard Heald, and British High Commissioner, Alex Ellis, were joined by Amitabh Kant, CEO, NITI Aayog, Nadia Rasheed, Deputy Resident Representative, UNDP […]

Read more

NTPC and Indian Oil Collaborates on renewable energy

NTPC Ltd. and Indian Oil signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for supply of low carbon/RE RTC captive power.  The MoU was signed today at New Delhi in the presence of Gurdeep Singh, CMD-NTPC, Shrikant Madhav Vaidya, Chairman Indian Oil and C K […]

Read more