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Renewable Energy

IEX reports 26.4% rise in renewable energy certificate trading

The Indian Energy Exchange (IEX) traded 75.39 lac renewable energy certificates (RECs) in FY 2024, equivalent  to 7.54 billion units, registering a 26.4% increase year-on-year.

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Gruner Renewable Energy secures compressed biogas projects worth INR 1,500 crore

Gruner Renewable Energy has secured multiple contracts for compressed biogas (CBG) plants with a cumulative production capacity of 88,000 tons per annum.

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How green credits and green loyalty programs are shaping a sustainable future

Green credits and green loyalty programs represent a burgeoning movement towards sustainability that transcends traditional environmental activism. They embody a partnership between businesses and consumers, where every green choice is celebrated and rewarded.

Torrent Power commits $5.7 billion investment in Gujarat

Torrent Power will develop 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, and the solar park infrastructure for a 7 GW solar power project in Gujarat. It will also set up a 100 ktpa green hydrogen/green ammonia production facility in the state.

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NTPC signs green hydrogen MoUs with GSPC and GPPL

NTPC Green Energy Ltd (NGEL) has signed a memorandum of understanding for the blending of green hydrogen in the gas networks of Gujarat State Petroleum Corp. Ltd and green hydrogen mobility by setting up of green hydrogen fuelling stations in Gujarat. It has also signed an MoU with Gujarat Pipavav Port Ltd to develop a green hydrogen ecosystem, including production of green ammonia, for export and domestic market.

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SJVN gets approval for 6 GW of renewable energy JVs

SJVN Ltd will form joint ventures with Maharashtra State Power Generation Co. Ltd and Assam Power Development Co. Ltd to develop 5 GW and 1 GW of renewable energy projects, respectively.

“Energy security of the nation can’t be achieved with renewables alone”: Power minister

RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.

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Coal, a heavy burden on Indian Railways

Recognizing coal’s network congestion effects and accelerating clean energy can enable the Indian Railways to better serve an expanding economy, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Adani Electricity powered Mumbai with 100% renewables on Diwali

Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.

Serentica Renewables secures INR 2,600 crore in debt funding from PFC

The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.

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