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solar and wind

GCF, ADB Launch $200 Mn Green Energy Facility in India

The Green Climate Fund (GCF), a climate fund to support developing countries in their efforts to combat climate change, has approved $200 million for a new Asian Development Bank (ADB)-led program. Sharing the goals of this program, ADB said, this program aims to unlock large-scale public and private investment in high-impact and emerging clean energy […]

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Green Stocks July 3- Stocks Continue To Struggle

With the July 9 ‘deadline’ for an Indo-US trade agreement coming closer all the time, markets were understandably nervous about the possible outcomes. An expiry day further kept prices subdued, leading to a few breakouts among green stocks as well. Waaree Energies and Waaree RTL, however, did make an earnest push to gain ground, on […]

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Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac

Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […]

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Green Stocks July 2: Investors Remain Skittish As Trade Deadline Nears

While hopes of a good Q1 show might yet be alive, it is clear that for now, markets are more preoccupied with the looming deadline of July 9 for an India-US trade agreement. While the data has no special significance other than being an arbitrary target date, the fact remains that even a small deal, […]

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JSW Signs BESS Pact With Rajasthan Utility for 250 MW Project

SW Renew Energy Thirty Seven Ltd, a step-down subsidiary of JSW Energy, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for a 250 MW/500 MWh standalone Battery Energy Storage System (BESS). The project will be developed on a Build, Own, and Operate (BOO) basis in Rajasthan. […]

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Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps

Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […]

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SECI Crosses 60 GW Milestone in Power Sale Agreements

The Solar Energy Corporation of India Limited (SECI), a Navratna Central Public Sector Enterprise under the Ministry of New and Renewable Energy, has successfully executed over 60 Gigawatts (GW) of Power Sale Agreements (PSAs) for renewable energy (RE) capacity, it said. A SECI statement said, “This achievement marks a pivotal step in the nation’s progress […]

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July 1: Green Stocks Seek Direction

With Q1 finally behind the pack, it was obvious that, much like the market, green stocks would also be seeking direction going ahead. A key factor will be the India-US trade agreement, if it is announced, even an abridged version as indicated, in the next two weeks. One feels the whole market will let out […]

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CleanMax, Toyota Tsusho To Supply 300 MW RE To Japanese Firms In India

CleanMax, a Brookfield-backed company, and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership. TTIPL, a subsidiary of Toyota Tsusho Corporation, Japan, and a member of the Toyota Group’s new partnership entity, aims to leverage synergies between both companies to develop and operate 300 MW of renewable energy projects for corporations by March […]

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