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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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Green Stocks Jan 10: Retreat Turns To Rout As Selling Pressure Continues

Like a Self-fulfilling prophecy, days of continuous falls have finally established a pattern of more selling in green stocks as well. On the last day of the week, it was time for many investors to sit on the fence, hoping for even more drops, as the fall continued unabated. It was a day when the […]

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CEA’s CO2 Baseline Database- Impact of RE On Indian Grid Emissions Intensity

The Central Electricity Authority (CEA) under the Ministry of Power, Government of India, has published the latest “CO2 Baseline Database for the Indian Power Sector, Version 20.0” in December 2024. The CDM tool, “Tool to Calculate the Emission Factor for an Electricity System” (Version 7.0), was used for the calculations. The calculations are based on […]

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Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

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Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture

A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation.  The rise of renewable power through the recent decades has also […]

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Adani Green Subsidiary Commissions 250 MW Solar Project At Rajasthan

Adani Green Energy Limited (AGEL), step-down subsidiary, Adani Green Energy Twenty Five Limited, recently commissioned its 250 MW solar power project. This project is located at Badi Sid, District in Jodhpur, Rajasthan.  With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,434 MW. Earlier this year, the company commissioned […]

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South Australia Grid May Soon Become 100% Reliant On Renewables

South Australia seems to be moving towards an interesting journey. The region is now touted to become the first grid in the world to be run 100% net on solar and wind energies. This means that although the grid will continue to use thermal power, it will be able to infuse enough renewable power to […]

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ReNew To Go Private? Key Investors Make Offer

ReNew Energy Global, which got listed at the NASDAQ exchange in the US through the SPAC route back in 2021, could well go private next year, if its biggest investors, including founder Sumant Sinha have their way. A consortium with voting rights of 64% have offered to take the company private at $7.07 per share, […]

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Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant

Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […]

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