Skip to content

Fossil share in Rajasthan’s power mix drops to 50% as solar and wind surge

In Rajasthan, power generation from renewable energy sources (solar, wind, nuclear, hydro, and bioenergy) is now on par with fossil fuel-based generation.

2

Share of green power for cement companies expected to increase to 42% by FY2025: ICRA

Around 25% replacement of thermal power consumption by green power could yield 15-18% savings in power cost and 140-160 bps improvement in operating margins for cement companies

SECI tenders 1.26 GW of renewables storage

Solar Energy Corp. of India Ltd (SECI) has launched a tender to select developers for 1,260 MW of firm, dispatchable power from renewable energy projects with storage systems. Bidding closes on Nov. 10.

3

Hygenco, Al Jomaih Energy to jointly explore green hydrogen projects in Saudi Arabia 

Hygenco develops end-to-end green hydrogen and green ammonia assets on a build-own-operate and build-own-operate-transfer basis.

REC approves over $1.1 billion in debt funding for solar-wind, pumped storage projects

The state-owned power finance company has approved a debt funding of INR 6,075 crore (around $731 million) to Greenko’s 1.44 GW pumped storage project and over INR 3,081 crore ($371 million) to Serentica Renewables’ 560 MW solar-wind hybrid project.

Ashok Leyland to make electric buses in Uttar Pradesh

Ashok Leyland will produce electric buses and also assemble other vehicles powered by emerging alternative fuels at its integrated greenfield plant in Uttar Pradesh.

Green hydrogen to become primary fuel for steelmaking in India only by 2050

The steel industry in India will replace around 25-30% of its grey hydrogen requirements with green hydrogen in the early part of the 2030-50 period. This will increase to 80% by 2050, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.

Shakti Pumps secures INR 293 crore solar pumps contract

Shakti Pumps (India) has secured a contract to supply, install, and commission 10,000 solar water pumps in Uttar Pradesh under the PM- KUSUM III scheme

India’s solar module manufacturing capacity to hit 100 GW by 2026, says MNRE Secretary

Currently, India has 28 GW of solar PV module manufacturing capacity and 6 GW of cell capacity, said Bhupinder Singh Bhalla, secretary, Ministry of New & Renewable Energy (MNRE).

PHDCCI makes recommendations for fast-tracking India’s National Green Hydrogen Mission 

The PHD Chamber of Commerce and Industry (PHDCCI) has recommended nil import duty for electrolyzers until 2030 and zero goods and services tax (GST) for green hydrogen/ammonia. It has also proposed the inclusion of green hydrogen derivatives in the list of activities eligible for carbon credit trading, among other suggestions.

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close