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RENEWABLE ENERGY ACQUISITION INDIA
Brookfield's ₹2500 crore Bikaner renewable energy portfolio acquisition: Inox Clean Energy, Purvah Green Power lead raceInox Clean Energy and Purvah Green Power are leading contenders for Brookfield's Bikaner renewable energy portfolio. This 550 MW asset, sup...
ADB signs first Transaction Advisory Pact in India to mobilise $1 billion for green energy projectsThe Asian Development Bank will support Madhya Pradesh's renewable energy projects. This partnership aims to attract significant private in...
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...
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...
New renewable energy units may need to store 10% power for 2 hoursAccording to the draft amendment to the Central Electricity Authority (Technical Standards for Construction of Electric Plants and Electric...
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...
How an endangered Washington ground squirrel is determining when crews can dig at Oregon’s renewable energy site built for 100,000 homes - The unexpected environmental challenge behind a massive wind, solar and battery project and why construction work must be carefully timed to protect the tiny mammalA significant renewable energy initiative in Oregon is experiencing delays in its construction schedule due to the presence of the endanger...
India proposes mandatory battery storage for new renewable projects from July 2027India plans to require two-hour battery storage equivalent to at least 10% of capacity for new government solar and onshore wind projects c...
ET World Leaders Forum: Suzlon CEO says ‘marrying’ solar and wind energy offers India a chance to become a global green-energy powerhouseAround 50% of India’s energy is renewable, making it the largest renewable energy market in the world outside of China. The opportunity for...
Aditya Birla Group gets Rs 24,000 crore bank commitments for Shell deal, 70% more than plannedAditya Birla Group secured loan commitments exceeding its initial acquisition funding needs. Axis Bank and State Bank of India offered subs...
JSW Neo, Blackstone & Macquarie among suitors for BluPine EnergySeveral companies submitted bids for BluPine Energy's renewable assets. JSW Neo Energy and Inox Clean are among the potential buyers. Black...
India soon to be 3rd largest wind energy player: Govt officialIndia will soon surpass Germany to become the world's third-largest wind energy producer. The nation is projected to achieve 107 GW capacit...
Share of electricity in India's overall energy mix to reach 45-50 pc by 2047: OfficialIndia aims to increase electricity's share in its energy mix to fifty percent by 2047. The nation is targeting significant additions of new...
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...
Stocks in news: Reliance Industries, Wipro, Tata Motors, among 9 stocks that will be in focus todayThe BSE Sensex ended at 76,944.28, lower by 12.99 points or 0.02%, as gains in IT, FMCG and select heavyweights helped limit the fall.
India’s power needs are surging. So why is solar going to waste?India struggles to use all its clean power despite high demand. Renewable energy providers curtail output as the grid cannot handle excess ...
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...
Odyssey Energy Solutions raises $74 millionOdyssey Energy Solutions has raised $74 million in equity and debt to expand its renewable-energy financing and procurement platform. The c...
India needs Rs 30 lakh crore to hit 500 GW clean-energy target: Pralhad JoshiIndia needs over ₹30 lakh crore investment for its 500 GW non-fossil fuel target. Domestic financial institutions and capital markets will ...
Aditya Birla Group taps local lenders for Sprng EnergyAditya Birla Group is in advanced talks with domestic lenders to raise about Rs 14,000 crore through a long-term loan syndication to fund i...