NTPC board approves raising of INR 12,000 crore via bonds, NCDs
NTPC’s board of directors has approved a proposal to raise up to INR 12,000 crore ($1,438.23 million) through the issuance of bonds and non-convertible debentures (NCDs).
World Bank approves additional $1.5 billion to support India’s green hydrogen, renewable energy push
The World Bank has approved an additional $1.5 billion loan to help promote the development of green hydrogen market and scale up renewable energy penetration in India.
Delhi’s peak power demand grew 3.8 times faster on hot and humid days than on moderate days in the last 12 months: IEEFA
Also, hot and humid days nearly doubled in the 12-month period till June 22, 2024 compared to the corresponding period in 2022-23, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).
Financial incentives, awareness could boost energy transition among MSMEs: WRI India
A new working paper by WRI India identifies existing gaps and offers suggestions to design policies that assist micro, small and medium enterprises (MSMEs) to switch to clean energy at a faster rate.
India installed 14.7 GW solar in FY 2024
India installed about 11.7 GW of utility-scale solar capacity and another 3 GW of rooftop solar capacity in the twelve months ending March 31, 2024.
The Hydrogen Stream: Hygenco secures green ammonia offtake agreement with Ameropa
India’s Hygenco Green Energies has signed a term sheet with Switzerland’s Ameropa for the potential supply of green ammonia from its forthcoming project at the Gopalpur port in Odisha.
Understanding the evolving landscape of Corporate Sustainability Due Diligence Directive
The Corporate Sustainability Due Diligence Directive signals a new era of corporate responsibility, urging Indian businesses to embrace sustainable practices to thrive globally. This presents an opportunity to enhance competitiveness, attract global partners, and contribute to a more sustainable and resilient future.
Cultural considerations for international solar expansion
Each region has a different way of doing things, whether it’s selecting sites, managing employees, or implementing manufacturing standards. Companies looking to expand into foreign markets need to be prepared to deal with these cultural differences, says Clean Energy Associates (CEA) Vice President Mark Hagedorn.
Cleantech Solar secures INR 855 crore debt finance to advance C&I portfolio in India
Cleantech Solar has announced the financial close of a long-term debt finance amounting to INR 855 crore ($102.49 million) from Aseem Infrastructure Finance Ltd.
Hydrogen power: Unlocking the next frontier in renewable energy
The hydrogen economy in India is expected to undergo vast development in the coming years owing to government support and industry funding.
