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ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India

Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […]

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Assistant Manager / Senior Engineer – ME

If you are a Manufacturing Engineer specialist, Emerson has an exciting role for you! We are looking for a Manufacturing Engineer to work for our Pressure Management Business unit (Mahindra World City, Chengalpattu). This role will strive to provide understanding and technicality of drawings, manuals, procedures, routing creation and process required for assembly line. We […]

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Q4 FY25: Power Exchange Liquidity Rises 36%, Electricity Vol to Grow 19%

IN an analyst call after its Q4 results , the Indian Energy Exchange (IEX) shared that on the power sector front, electricity consumption during Q4 FY ’24 recorded 415 billion units, which is an increase of 3.7% on a year-on-year basis. States such as UP, Maharashtra, Gujarat, MP, Rajasthan, Karnataka, and Tamil Nadu remained drivers […]

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5 Challenges For India’s 500 GW Clean Energy Target

India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […]

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India’s Wind Industry Pledges 100 GW Target By 2030: IWTMA

India’s wind energy sector has pledged to install 100 gigawatts (GW) of wind power capacity by 2030, reaffirming support for the government’s clean energy and manufacturing goals under the ‘Make in India’ initiative, the Indian Wind Turbine Manufacturers Association (IWTMA) said Sunday. Following a recent meeting with the Ministry of New and Renewable Energy (MNRE), […]

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Green Stocks May 2: No Weekend Joy for Most In Green Pack

On a day when the markets see-sawed between cautious optimism and pessimism, only developers saw some joy in the green pack. Perhaps it is a factor of how far they have been beaten down from their highs that drew in bottom fishing, but the picture remained dull for green energy stocks. EPCs like KPI Green […]

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MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP

Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […]

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Spanish Grid Collapse Places Spotlight On Grid Resilience, Diversified Sourcing

With power restored to over 99% of consumers by 29th April, the power outage in Spain and Portugal that happened on the 28th is the subject of deep investigation. Depending on which side of the fence you are, people have rushed to blame/defend renewable energy, but a more clear eyed certainty seems to be anything […]

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Rising Heat, Rising Demand: Demand Response Makes a Case For India

Climate change has caused the global temperatures to soar to new heights with the world now witnessing significant heatwaves, and with that the rise of global cooling needs. In the new era of power consumption dominated by renewable energy (RE), Demand Response (DR) may play a crucial role in optimal use of power, especially in […]

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