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ETMarkets Management Talk | AI and data centres are powering CleanMax's next growth engine; 42% of portfolio now comes from the segment, says Kuldeep JainIn an interaction with Kshitij Anand of ETMarkets, Kuldeep Jain, Founder and Managing Director of CleanMax, says the rapid expansion of hyp...
Racks to riches: 6 GW data centre surgeIndia’s data centre capacity is set to triple by 2029, driven by major investments from TCS, Microsoft, Google, AdaniConneX, Nxtra by Airte...
Weak green hydrogen demand puts L&T's 1 GW plan on iceLarsen & Toubro has postponed its electrolyser manufacturing expansion plans. Weak green hydrogen demand is impacting investment decisions ...
Coal shortage deepens power crisis in Punjab, generation drops by 1,500 MW: MinisterPunjab's power generation has declined by 1,500 MW due to a national coal shortage. Major thermal plants are operating at reduced capacity,...
Goenka Group’s Purvah Green Power to acquire Welspun New Energy for ₹2,500 crPurvah Green Power is set to acquire Welspun New Energy for approximately ₹2,500 crore. This acquisition will provide Purvah access to Wels...
Energy efficiency: India's next strategic power resourceAs India's energy needs escalate due to growth and climate challenges, the focus on efficiency emerges as a key strategy for sustainable ab...
In 1991, EPFL scientists Brian O’Regan and Michael Grätzel developed solar cells inspired by plant photosynthesis. 34 years later, the technology had reached 12% efficiencyIn 1991, EPFL scientists Brian O’Regan and Michael Grätzel developed a solar cell inspired by plant photosynthesis. Their dye-sensitized so...
CG Power and Industrial Solutions starts production at new Madhya Pradesh facilityCG Power and Industrial Solutions announced the first power transformer rollout from its new Sehore facility. This facility is India's larg...
JSW Energy crosses 15 GW capacity, renewables account for 60%JSW Energy's total operational capacity has now surpassed fifteen gigawatts. Renewable energy sources constitute sixty percent of this subs...
Motilal Oswal initiates coverage on Adani Power with Buy call, sees 20% upside. Time to hold or sell?Motilal Oswal initiated coverage on Adani Power with a Buy rating and a target price of Rs 250, implying around 20% upside. The brokerage s...
Broadcom raises AI chip forecast as Big Tech keeps writing bigger checksThey have gained about 6% this year, significantly underperforming rivals and the broader semiconductor index, as AI spending concerns an...
India could be a big winner in AI data centre boom, but power demand may be the catchIndia is set to gain significantly from the global AI data centre expansion. Demand for local cloud infrastructure and sovereign AI is driv...
Coal India bets ₹50,000 crore on life beyond coal; goes big on gasification, critical mineralsCoal India is investing nearly fifty thousand crore rupees in coal gasification projects. The company is also actively seeking overseas cri...
India's installed power capacity projected to surpass 2,000 GW by 2047India's power capacity is projected to surpass 2,000 gigawatts by 2047, with solar significantly leading this clean energy expansion, reach...
ONGC can withstand oil prices in $60-90 range, says chairmanONGC chairman Arun Kumar Singh stated the company is prepared for oil prices between $60-90 per barrel. The company's integrated operations...
Tata Power Renewable Energy commissions 72.5 MW solar project in RajasthanTata Power Renewable Energy has commissioned a 72.5 megawatt solar project in Rajasthan. This new facility will supply clean energy to Tata...
Next market winners: Jefferies sees potential in data centers as hyperscalers race for AI capacityHyperscalers are accelerating data-centre leasing as power constraints and lengthy development timelines limit supply. North American non-c...
Avaada Electro files updated draft papers with Sebi for Rs 7,600-cr IPOAvaada Electro Ltd is making waves in the financial market by submitting updated draft papers for a massive Rs 7,600 crore initial public o...
India's data centre footprint to touch over 101 million sq ft by 2030India’s data centre footprint is projected to exceed 101 million sq ft and capacity 6.7 GW by 2030, driven by cloud adoption, AI, digital p...
Welspun RE biz race: Macquarie, RP Sanjiv Goenka in last lapWNEL has a relatively small operating renewable energy portfolio, with about 45 MW of operational capacity. Its largest project under const...