Global Energy Alliance for People and Planet (GEAPP) and NITI Aayog have partnered to support Indian states in developing comprehensive energy transition plans, focusing on sustainable policies, innovative business models, and the adoption of clean energy solutions.
As the world looks to COP29, the stakes have never been higher. Climate finance, energy transitions, biodiversity, adaptation, and carbon markets—each of these issues represents a critical piece of the puzzle in the fight against climate change. Azerbaijan, as host, faces the daunting challenge of balancing competing interests while pushing for ambitious global action.
The non-banking finance company’s rooftop solar finance product, Capri Solar Finance, targets a loan book size of INR 1,000 crore in the coming years.
Tembo Global Industries, an engineering mechanics and project execution solutions provider, has forayed into the renewable energy sector with investment in a 124 MW solar power project. The project will supply power to Maharashtra State Electricity Distribution Co. Ltd under a 25-year power purchase agreement.
Researchers from China found that big solar power plants have a positive positive impact on the ecological environment of desert areas. Their testing was conducted at a 1 GW solar park located in China’s northeastern Qinghai province.
Pradhan Mantri Surya Ghar Yojana has attracted 13 million registrations and 1.8 million applications in first six months of its launch, leading to about 1.8 GW of new residential rooftop solar installation.
Rayzon Solar will supply 216 MW of its PV modules for floating solar projects in Panchet and Ramagundam, and a ground-based project in Bihar, being executed by Larsen & Toubro on a turnkey basis.
ITC targets to meet 100% of electricity requirements from renewable sources by 2030 as a part of its ambitious Sustainability 2.0 Vision. The new Karnataka solar project will help it reduce CO2 emissions by over 12,000 tonnes every year.
Avaada Energy has secured around INR 597 crore ($71.1 million) in refinancing for its commercial & industrial (C&I) solar projects in Karnataka and Maharashtra.
Prescinto is a software-as-a-service (SaaS) platform to manage and optimize the end-to-end operations of renewable energy assets. Its acquisition will enhance the capabilities of IBM’s integrated solution for asset lifecycle management.
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