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Vedanta Boosts RE Capacity to 1 GW, Targets 2.5 GW By 2030

Vedanta, a diversified conglomerate in energy transition metals, critical minerals, and technology, has ramped up its renewable energy capacity to 1.03 GW (gigawatt) of round-the-clock equivalent power through a series of power delivery agreements. The company aims to scale this to 2.5 GW by 2030 as part of its broader ambition to reach net-zero emissions […]

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Serentica Clinches $100 mn Loan for BALCO Solar Project

Serentica Renewables has secured more than USD 100 million in external commercial borrowing (ECB) from Rabobank and Société Générale to develop a 300 MW solar project in Rajasthan that will supply power to Bharat Aluminium Company Ltd (BALCO), a subsidiary of the Vedanta Group. This marks Serentica’s second ECB deal, reinforcing the company’s push to […]

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Rooftop Solar Adoption Spurred Energy-Conscious Behaviour: Report

A latest report jointly produced by the Uttar Pradesh Renewable Energy Development Agency (UPNEDA) and energy think tank Vasudha Foundation claimed that the adoption of rooftop solar in Varanasi led to boosting energy-conscious behaviour among the prosumers. The report took a deep dive to understand the socio-economic impact of the adoption of rooftop solar in […]

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THDC Operationalizes 250 MW Tehri Pumped Storage Unit

THDC India Limited (THDCIL), has announced the successful commencement of the COD process of the 1st Unit (250 MW) of the 1000 MW Variable Speed Pumped Storage Plant (PSP) at Tehri, Uttarakhand. This makes Tehri PSP one of the largest Pumped Storage Plants by any Central Public Sector Enterprise (CPSE) and the first Variable Speed […]

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Green Stocks June 4: EPC Stocks In Focus

On one of those rare days more reminiscent of the boom time from 2023, both KPI Green and Waaree RTL shot up over 4% as investor enthusiasm for the two solar EPC stocks returned. Strong results backed by positive management commentary on prospects going ahead seem to have given confidence to many, as the two […]

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Enfinity Global Sells Minority Stakes in 380 MW ESS Projects

Enfinity Global Inc., a leading U.S.-based renewable energy developer, has sold a 49% minority stake in two large-scale battery energy storage system (BESS) projects totaling 380 MW to Japan’s Daiwa Energy & Infrastructure Ltd. (DEI), a unit of the Daiwa Securities Group. Enfinity will retain a 51% controlling interest and continue to lead the development, […]

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India’s RE Sector Faces Compliance Crush With 2,700 Annual Filings

India’s renewable energy companies are grappling with a staggering volume of regulatory obligations, with a single solar power project facing over 2,700 compliance instances annually, according to a new report released by TeamLease RegTech. Titled “Decoding Compliance Management for the Renewable Energy Sector”, the report highlights the regulatory complexity hampering India’s clean energy transition, even […]

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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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Epigral, Prozeal Ink 19.8 MW Wind-Solar Hybrid Power Pact

Gujarat-based chemicals manufacturer Epigral has signed an energy supply agreement with Pro-Zeal Green Power Ten Private Limited (Power Producer) and Prozeal Green Power Private Limited (Promoter) to source 19.8 MW of wind-solar hybrid (WSH) power. as a captive consumer from a project in Gujarat, the company said in a regulatory filing. The transaction involves Epigral […]

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