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INDIA RENEWABLE ENERGY SECTOR
Founder of Brookfield-backed Avaada seeks $750 million loanAvaada Group founder Vineet Mittal plans to borrow $750 million from global lenders. This new financing will refinance the company's existi...- Govt panel calls for tracking EV power demand in India's energy dataAn expert committee has recommended overhauling India's energy statistics framework. This includes granular measurement of electricity dema...
- Assam eyes stronger Japan ties in semiconductors, clean energy after India-Japan SummitAssam's Chief Minister met Japan's Ambassador to India, Ono Keiichi, in New Delhi. They discussed strengthening the India-Japan Special Str...
- TPG to buy NIIF’s green NBFC Aseem Finance for $500 mnLaunchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPG’s investment is being made throu...
- EL Nino to hit India's energy system harder than anywhere else in world: CREA reportIndia's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning...
- Sunsure Energy secures Rs 262 cr project financing from FMO, Axis BankSunsure Energy has secured a significant Rs 262 crore financing for its 75 MWp open-access solar project in Tamil Nadu. Dutch development b...
- Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambitGautam Adani's $11.5 billion aluminium joint venture with IHC marks his biggest bet yet on India's industrial future. Rather than challengi...
- Investors rush to fund solutions for India's AI power crunchEnergy transition is emerging as a new thematic bet for venture capital and private equity firms and investors look to back startups buildi...
- India's power demand likely to grow 6% annually as renewable capacity additions stay strongIndia's power demand is expected to grow at around 6 per cent annually over the next four to five years, supported by continued renewable e...
- Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in PunjabTata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Pu...
- Tata Power Renewable Energy commissions 100.8 MW Jewali wind project in MaharashtraTata Power Renewable Energy Ltd (TPREL) has successfully commissioned its 100.8 MW Jewali Wind Project in Maharashtra, boosting its wind en...
- Pragyawan Technologies files DRHP with Sebi for Rs 400 crore IPOPragyawan Technologies has filed its DRHP with SEBI for an IPO comprising a Rs 400 crore fresh issue and an OFS of 15 million shares. The c...
- India's solar sector a big opportunity, could become exporter to Europe: Renewables Norway CEOIndia's burgeoning solar power sector is a significant driver for global climate action, according to Renewables Norway CEO Bard Vegar Solh...
- MNRE opposes uniform DSM norms for renewable projectsThe Ministry of New and Renewable Energy is pushing for a distinct deviation settlement mechanism for wind and solar projects, arguing they...
- Coal India bags Rs 2,831 crore 600 MW solar plant deal in UPState-owned Coal India Limited has clinched a significant ₹2,831.11 crore contract to build a 600 MW solar power facility in Uttar Pradesh'...
- Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestoneAdani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development....
- ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia projectA significant boost for India's green energy ambitions! ACME Group's joint venture with Japan's IHI Corporation has secured a massive $5 bi...
- AI could become the next competitive advantage for renewable energy companies: ReportArtificial intelligence is poised to become a major competitive edge for renewable energy firms, according to a BCG report. The focus is sh...
- India Inc's green transition triggers hiring surgeAs organisations step up their sustainability efforts, demand is also growing for senior leadership talent, including business heads for re...
- Banks boost renewable energy credit by 7% in April amid energy security concernsBanks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. Thi...
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