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clean energy

China’s Energy Spending Equals EU, US Combined In 2025: IEA

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, said a new International Energy Agency (IEA) report, with clean energy technologies attracting twice as much capital as fossil fuels. Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency […]

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CESC Arm Signs 1 GW Wind Turbine Deal With Envision Energy

Kolkata-based Purvah Green Power Private Limited, a subsidiary of CESC Limited, has entered into a framework agreement with Envision Energy India Private Limited for the supply and commissioning of 1 gigawatt (GW) of wind turbine generators (WTGs). The agreement also includes operation and maintenance (O&M) services for 10 years following the commissioning of the WTGs. […]

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US Tariffs To Lift Cleantech Costs Up to 11%, Except Utility-Scale ESS: WoodMac

The United States (US) has recently seen a rise in tariff policies which are set to increase the cost of power generation technologies, with energy storage system (ESS) witnessing the most hike due to its dependence on Chinese imports, according to Wood Mackenzie’s recent report.  As tariffs create uncertainty in the US power market, development activity […]

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Solar-Plus-ESS Delivers 95% Clean Power Under ₹6/kWh: Report

India’s recent energy storage auctions have yielded record-low prices, with unsubsidized standalone battery storage bids at ₹2.8 lakh/MW/month and solar-plus-storage bids ranging from ₹3.1 to ₹3.5/kWh, according to a report by the India Energy and Climate Center (IECC). The report noted that, based on implied solar and storage costs from these bids and bottom-up global […]

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Saatvik Green Energy Marks 10 Years In India’s Solar Sector

Indian solar module manufacturer Saatvik Green Energy Ltd (SGEL) on Wednesday marked its 10th anniversary, highlighting a decade of operations in the country’s clean energy sector. Founded on May 29, 2015, as Saatvik Green Energy Pvt Ltd, the company was incorporated under the Companies Act, 2013. It transitioned to a public limited company in September […]

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AM Green, Rotterdam Team Up for $1 Bn India-Europe Green Energy Trade

AM Green and the Port of Rotterdam Authority have signed a Memorandum of Understanding (MoU) to build a green energy supply chain between India and Northwestern Europe via Rotterdam, one of the first energy ports in Europe and a key entry point for hydrogen carriers. The project includes the supply of bunkering fuels and Sustainable […]

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SECI Awards 1.2 GW RTC Renewable Tender To Hero, Hexa, Semcorp, Jindal & ABC Cleantech

Solar Energy Corporation of India has now awarded its 1.2 GW round-the-clock (RTC) renewable energy tender to five developers—Hero Solar Energy, Hexa Climate Solutions, Sembcorp Green Infra, Jindal India Power, and ABC Cleantech. SECI allocated 420 MW capacity out of its 1.2 GW round-the-clock (RTC) tender. SECI floated the tender for this project in November 2024 […]

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India Faces Energy Trilemma Amid Coal & Transition Push: S&P Global

India is set to see a sharp rise in energy demand over the next two decades, with coal continuing to play a dominant role despite growing momentum in the clean energy transition, S&P Global Commodity Insights said Tuesday in a note following its Outlook 2025 media roundtable. India’s energy landscape is shaped by a threefold […]

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Guj Solar Project: BluPine Energy Secures ₹376cr Financial Closure

BluPine Energy Private Limited, a renewable energy platform backed by Actis, today announced the successful financial closure of ₹376 crore in debt funding for its 100 MW solar power project in Tharad, Banaskantha district, Gujarat. The project, being developed under BluPine’s wholly owned subsidiary Solarcraft Power India 5 Pvt. Ltd., is part of the GUVNL […]

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