Renewable Energy
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Business
NTPC Green Energy Eyes $12 Billion Valuation in Upcoming IPO
The wait for NTPC Green Energy Ltd. (NGEL)’s IPO may soon be over, as reports suggest that the state-run NTPC’s clean energy arm could launch its highly anticipated initial public offering (IPO) as early as next week. According to a Bloomberg report citing sources familiar with the plans, NGEL is seeking a valuation close to $12 billion for the offering,…
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India News
Minister Pralhad Joshi Travels to Germany for Green Energy Conference
New Delhi: Union Minister for Renewable Energy Pralhad Joshi has embarked on a three-day trip to Germany to strengthen India’s cooperation in sustainable development and the renewable energy sector. The minister will travel from Delhi to Germany today and is set to participate in the Hamburg Sustainability Conference on October 7 and 8. Key industry leaders in the green energy…
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India News
RE-Invest 2024 Showcases India’s Path to 500 GW Non-Fossil Fuel Capacity
New Delhi: In a groundbreaking announcement, Minister of New and Renewable Energy, Pralhad Joshi, revealed on Tuesday that an unprecedented investment of ₹32.45 lakh crore has been pledged by various stakeholders to support India’s ambitious green energy transition by 2030. Speaking at a press briefing during the RE-Invest 2024 Investors Meet and Expo in Gandhinagar, Gujarat, Joshi emphasized the significance…
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Business
India on Track to Achieve 500 GW Renewable Energy Capacity by 2030
New Delhi: Union Minister for New and Renewable Energy, Pralhad Joshi, announced on Monday that leading banks and financial institutions have pledged nearly $386 billion (approximately ₹32.45 trillion) towards the development of renewable energy projects by 2030. This declaration was made during the inaugural session of the 4th RE-Invest Summit, organized by the Ministry of New and Renewable Energy (MNRE)…
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State News
JSW Renew Energy Inks 300 MW Solar PPA in Karnataka: Energy Minister K J George
Bengaluru, EXPRESS News: JSW Renew Energy Twenty Ltd, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) for a 300 MW solar project awarded by Karnataka Solar Power Development (KSPDCL), announced Energy Minister K J George. The 300 MW solar project will be developed at the Pavagada Solar Park in Karnataka,…
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USA
Biden Administration Launches Largest Rural Clean Energy Initiative Since the New Deal
WESTBY, WI, Sept. 5, 2024 – During a visit to Wisconsin today, President Joe Biden and U.S. Department of Agriculture (USDA) Secretary Tom Vilsack will announce more than $7.3 billion in financing for rural electric cooperatives to build clean energy for rural communities across the country through the Empowering Rural America (New ERA) program. said a press release by USDA.…
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India News
IREDA Secures International Credit Rating from S&P, Marks Milestone in Renewable Energy Sector
New Delhi: Union Minister for New and Renewable Energy, Pralhad Joshi, has announced that India’s IREDA (Indian Renewable Energy Development Agency Limited) has obtained an international credit rating in the renewable energy sector. The Minister expressed happiness that IREDA has taken a step towards a new milestone by obtaining its international credit rating today. IREDA has achieved a significant accomplishment…
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India News
Minister Pralhad Joshi Invites Canadian Powerhouse to RE-INVEST 2024
New Delhi: Minister for New and Renewable Energy Pralhad Joshi has invited Canada to invest in the renewable energy sector in India. He discussed this with the heads of Canada-based CDPQ Global who visited him in New Delhi. Minister Pralhad Joshi held an important discussion with Marc-André Blanchard, the head of Caisse de dépôt et placement du Québec (CDPQ) Global,…
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Business
JNCASR and Hindustan Zinc Collaborate to Develop Innovative Zn-Ion Battery Technologies
Indigenous Zn-ion battery technologies with new variant of zinc materials could soon facilitate low-cost grid-scale energy storage and other related applications. Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an autonomous institute of the Department of Science and Technology (DST) has signed a Memorandum of Understanding (MoU) with Hindustan Zinc Limited (HZL) on August 21, 2024, to develop new variants…
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State News
Karnataka Leads with 5,765 EV Charging Stations, Tops National List
Bengaluru EXPRESS News: Karnataka has emerged as a leader in the country’s transition to electric mobility, boasting the highest number of public electric vehicle charging stations—an impressive 5,765. This achievement, as reported by the Bureau of Energy Efficiency under the Ministry of Power, underscores the state’s unwavering commitment to sustainability and clean energy. Energy Minister KJ George has played a…
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