Renewable Energy

Ultratech To Increase Its Green Energy Share To 85% By 2030

The $7.9 billion Indian Cement and Ready-Mix Concrete Company–UltraTech Cement Limited today announced its plans to increase the overall share of green energy in its total energy mix to 85 percent by 2030. As an interim target, UltraTech plans to increase its total green energy share threefold from its current 22% to 60% by FY26. […]

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Green Collar Jobs in India: Paving the Way to a Sustainable Future

As we stand at the precipice of an ecological revolution, India’s vision for a sustainable future is swiftly evolving from concept to concrete reality. The trajectory towards this green horizon extends far beyond the traditional methods of environmental stewardship; it is the very foundation of an emerging green economy. Amid the global crescendo for climate […]

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Shell Sells Part Ownership In 2 US Renewable Projects To InfraRed Capital

Savion Equity, Shell Wind Energy, Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc (Shell), have agreed to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners (InfraRed). Shell will sell 60% interest in Brazos Wind Holdings, LLC (Brazos), a 182-megawatt (MW) onshore wind farm in Fluvanna, […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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India’s Renewable Energy Generation Dips With Slump In Wind Power

A comparison of monthly renewable energy generation data released by the Central Electricity Authority (CEA) claimed that India’s monthly renewable generation (including hydro) dipped in October this year.  As per the latest available report of the CEA, India’s total renewable energy generation stood at 17.9 percent. During the month, the country generated a total of […]

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Gujarat Fuels Renewable Energy Capacity Goals by Partnering with International Firms

Gujarat has signed various MoUs with the intention of accelerating the realization of its renewable energy capacity goals. The state has joined hands with Australia-based MeOH Giga Battery and Australian Premium Solar Pty Ltd. Australian Premium already has a manufacturing unit in Gujarat to give an impetus to its renewable energy capacity goals. Indian firms […]

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AmpIn Energy Transition to Electrify Eastern India with 600 MW Renewable Energy

AmpIn Energy Transition, a renewable energy transition platform, is set to make a significant investment of INR 3,100 crores for setting up renewable energy projects of over 600 MW and an integrated manufacturing facility of solar cells and modules. Investments are planned in West Bengal, Bihar, Odisha, Jharkhand, Chhattisgarh and Northeastern states. In the region, […]

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HPCL Tender Seeks Developer for 78 MW Renewable Energy

Hindustan Petroleum Corporation Limited has issued a tender for the supply of 78 MW of renewable energy under long-term open access from projects located anywhere in India. The developer selected in the HPCL tender will be responsible for supplying power to HPCL’s refinery in Mumbai. The last day for the submission of bids for the […]

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NTPC REL Floats Tender for BOS Package of 1200 MW Wind Projects

The renewable energy arm of India’s largest energy conglomerate NTPC, NTPC REL has floated a tender for the BOS package of ISTS-connected wind energy projects of nominal capacity of 1200 MW with greenshoe option of upto 300 MW at Anantapur in Andhra Pradesh. The last date for receipt of bids comprising both techno-commercial bid and […]

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