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BANK GUARANTEES RENEWABLE ENERGY
Rupee hits one-month low as renewed Mideast conflict lifts oil pricesThe Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sen...
Why Volkswagen replaced lawnmowers with 100 sheep at its Poland solar farm and how the unusual move is helping power its factory, cut emissions and boost biodiversityVolkswagen's solar farm in Poland now uses one hundred sheep for grazing. These animals maintain grass growth beneath thousands of solar pa...
Naveen Jindal plans Rs 70,000 cr investment in Jharkhand in steel, nuclear, RE spaceNaveen Jindal Group plans significant investments in Jharkhand's industrial sector. Over Rs 70,000 crore will fund steel, nuclear, and rene...
India's non-fossil fuel-based energy capacity rises 22 pc to 297.36 GW in JuneIndia's non-fossil fuel energy capacity reached 297.36 GW in June. This represents a significant year-on-year increase of over twenty-two p...
Global Market: Geopolitical risks return to centre stage for ECB as inflation fears resurfaceFresh US-Iran hostilities have pushed the European Central Bank back to its inflation fight. Rising energy prices now threaten to reignite ...
Adani, France's Dioxycle partner to develop low-carbon chemicals in IndiaAdani Enterprises and Dioxycle will pilot formic acid production using captured carbon. This new venture aims to convert emissions into ind...
World Bank Group commits $890 million to promote solar rooftop project in IndiaThe World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes...
US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decisionNew York Fed President John Williams said oil prices are likely to ease over the coming months despite renewed Middle East tensions, while ...
Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
Hormuz tensions make India-Germany energy ties vital: EnvoyGerman Ambassador Philipp Ackermann expressed concern over Strait of Hormuz attacks. He called for diplomacy and a quick return to the stat...
Rising battery costs seen pushing up India storage tariffs as developers warn on project viabilityBattery storage tariffs in India are anticipated to increase significantly. Rising input costs and reduced Chinese incentives are pushing u...
Include infra loans in priority sector in absence of vibrant bond market: SBI economistsEconomists propose reviewing priority sector lending guidelines for banks. They note banks struggle to meet targets without certificate pur...
Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE projectSerentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchab...
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...
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...
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...
Higher performance guarantees from lower bids in highway projects: Road transport ministryThe government is tightening rules for highway project bids, demanding higher performance guarantees for offers exceeding 30% below origina...