Green hydrogen hubs: Unfolding India’s potential
Hydrogen hubs, which are organised areas where production and utilisation facilities are closely linked, can make green hydrogen projects more viable. This cluster-based approach addresses the technical, logistical, and commercial challenges of long-distance hydrogen transport, enhances project viability, and allows for economies of scale and concentrated infrastructure.
Industry tie-ups and innovative financing mechanisms will drive MSMEs’ renewable energy adoption in India
Innovative financing mechanisms, such as credit guarantees and first-loss coverage, are essential to funding MSMEs’ adoption of renewable energy.
GP Eco Solutions IPO to open for subscription on Friday
The initial public offering (IPO) comprises a fresh issue of 3,276,000 equity shares with a face value of INR 10 each through the book-building route. Price band is fixed at INR 90-94 per share.
HomeScape by Amplus Solar partners SBI to provide easy finance options for residential solar customers
HomeScape by Amplus Solar customers can secure State Bank of India (SBI) loans of up to INR 200,000 for residential solar installations up to 3 kW and INR 600,000 for installations up to 10 kW.
India needs $385 billion investment to meet its renewable energy target: Moody’s
India needs $190 billion to $215 billion for renewables capacity addition and another $150 billion to $170 billion for transmission and distribution in order to meet its RE target of 500 GW by 2030.
ReNew posts profit for fiscal 2024
ReNew Energy Global achieved profitability with a net profit of $50 million for FY 2024, compared to a net loss of $60 million for FY 2023. Annual revenue surged to $1,158 million.
Panasonic partners Aerem to provide financing to its solar customers
Panasonic Life Solutions India has partnered with Aerem Solutions to facilitate financial assistance for its solar customers in the residential and commercial & industrial (C&I) sectors.
India’s solar energy sector: Challenges, opportunities, and future prospects
India’s solar journey is a tale of turning challenges into opportunities, of harnessing the sun’s boundless energy to light up lives sustainably. On this World Environment Day, India’s solar saga reminds us that with innovation, policy support, and collective will, we can indeed craft a brighter, greener future—one solar panel at a time.
IRENA calls for investment in small island nations
The International Renewable Energy Agency (IRENA) discussed the financing landscape for small island developing states (SIDS) and mechanisms to accelerate the energy transition at the United Nations 4th International Conference on Small Island Developing States.
Clean hydrogen boom by 2030, but targets remain elusive
The clean hydrogen market must navigate technological, political, and economic uncertainties to realise its full potential.
