IITM Research Park launches 1 MWh battery storage system
The ready-to-deploy and modular battery storage system is charged with wind and solar power and raises the campus’ renewable energy share to 90%.
Data center power loads threaten corporate net-zero goals
The International Energy Agency (IEA) projects that by 2026, data centers will consume more than 800 TWh annually, more than double their consumption in 2022.
Sunsure Energy starts solar power supply to APL Apollo in Uttar Pradesh
Sunsure will supply 10.5 million units of solar power annually to Apollo Pipes and Apollo Metalex from its PV plant in Mahoba, Uttar Pradesh, helping both the companies to meet over 50% of their power requirement with clean, renewable energy.
How solar PV modules transform commercial buildings into eco-friendly powerhouses
By integrating solar PV modules, commercial buildings can not only significantly reduce their environmental impact but also reap financial benefits and improve public image.
Brookfield acquires controlling stake in Leap Green Energy
Brookfield will initially make an equity investment of over $200 million in Leap Green Energy, through subscription of new shares and acquisition of shares from current shareholders. It may infuse further $350 million of incremental equity capital to support Leap Green’s future growth in renewable energy solutions for the commercial and industrial sector.
Amazon meets 100% renewable energy goal seven years early
All of the electricity consumed by Amazon’s operations, including its data centers, was matched with 100% renewable energy in 2023
Viraj Profiles announces commissioning of 130 MW DC solar plant for self-consumption
The solar plant in Maharashtra, established in partnership with Avaada, will power Viraj Profiles’ Tarapur stainless steel manufacturing operations.
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.
Financing the MSME sector to power India’s renewable energy goals
India has already seen several success stories where innovative financing has empowered MSMEs in the renewable energy sector. For instance, the Indian Renewable Energy Development Agency (IREDA) has launched schemes specifically designed for MSMEs. These schemes offer concessional loans and financial assistance, making it easier for MSMEs to undertake renewable energy projects.
$89 billion worth of investments likely to flow into the C&I RE sector in India by 2030
An additional 120 GW of C&I RE capacity is required to be set up by 2030 for India to attain its solar and wind target of 420 GW by 2030. This translates to US$89 billion worth of investments flowing into the sector between 2024 and 2030.
