sustainable 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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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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State News
Minister Joshi Lays Foundation for EV Battery Testing Facility in Bengaluru, Plans Expansion
Bengaluru, EXPRESS News: In a significant move to bolster the electric vehicle (EV) industry in India, the National Test House (NTH) is preparing to set up EV battery charger and testing facilities in Mumbai and Kolkata, mirroring the successful model already established in Bengaluru. This announcement was made by Union Minister Pralhad Joshi during the foundation-laying ceremony for an EV…
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Business
ATGL launches Green Hydrogen Blending Pilot Project at Ahmedabad
ATGL will use latest technologies to blend green hydrogen with natural gas for over 4,000 Home and Commercial PNG customers during the pilot phase Project will enhance existing infrastructure, diversify energy mix, develop hydrogen ecosystem and reduce CO2 emission by upto 4% The validated initiative will be rolled out in other markets Ahmedabad, 28 November 2023: As world…
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