renewable energy News

Essar Renewables Launches a Rs 8,000 Crore Green Initiative in Maharashtra for Sustainable Future

Essar Renewables Ltd partners with the Maharashtra government for a Rs 8,000 crore investment in renewable energy, aiming to develop 2 GW capacity and support EV truck charging eco...

Fitch Predicts High and Volatile EU Gas Prices by 2025: What's Driving the Surge?

Fitch Ratings forecasts high and volatile natural gas prices in Europe by 2025 due to a tight market, influenced by cold weather, increased LNG demand, and halted Russian gas impor...

12 Visionary Leaders Transforming the World: Stories of Impact and Innovation

Discover the inspiring stories of 12 visionary leaders who are making a significant impact across various sectors, from healthcare and renewable energy to design and jewelry, drivi...

India's Green Investment Boom: A 5x Surge to Rs 31 Lakh Crore by 2030

India anticipates a five-fold increase in green investments to Rs 31 lakh crore by 2030, crucial for achieving net-zero goals. Significant investments are expected in renewable ene...

Breaking New Ground: EIB and Societe Generale Unite to Propel Wind Power Investments

The European Investment Bank and Societe Generale have entered into a significant agreement to boost wind energy investments, potentially unlocking up to €8 billion. This initiativ...

India Shatters Records with 30 GW Renewable Energy Surge in 2024

India achieved a record 30 GW renewable energy capacity addition in 2024, a 113% increase from 2023, moving closer to its 500 GW target by 2030. This growth highlights India's comm...

Constellation Energy to Acquire Calpine in a $26.6 Billion Deal, Aiming to Lead in Clean Energy

Constellation Energy Corporation is set to acquire Calpine Corporation for $26.6 billion, aiming to become the leading producer of clean and reliable energy in the US. The deal inc...

IREDA Shatters Records with a 27% Surge in Net Profit to Rs 425 Crore in Q3

IREDA reports a 27% increase in net profit to Rs 425.37 crore in Q3, driven by higher revenues. The company's net worth grows to Rs 9,842.07 crore, showcasing its significant role ...

Sasan Power, a Reliance Power Subsidiary, Settles $150 Million Debt with IIFCL

Sasan Power, a Reliance Power subsidiary, has repaid a $150 million debt to IIFCL, UK, enhancing its parent company's liquidity and credit rating. This move strengthens Reliance Po...

IREDA's Loan Disbursement Soars by 41% to Rs 17,236 Crore in Q3, Marking a Significant Leap in Renewable Energy Funding

Indian Renewable Energy Development Agency (IREDA) reported a 41% increase in loan disbursement to Rs 17,236 crore in Q3, with loan sanctions soaring by 129% YoY. The outstanding l...

Waaree Renewable Technologies Secures Monumental 2 GW Solar Project in Bikaner

Waaree Renewable Technologies Ltd (WRTL) has secured a landmark 2 GW solar project in Bikaner, Rajasthan, marking its largest-ever order. This project, in collaboration with Jindal...

Leadership Shuffle at Adani Green: CEO Amit Singh Steps Up for a New Global Energy Role

Adani Green Energy announces a leadership transition as CEO Amit Singh moves to head the Adani Group's international energy business, with Ashish Khanna set to take over as the new...

JSW Energy's Bold $1.4 Billion Move: Acquiring O2 Power's Green Energy Sector

JSW Energy announces a $1.4 billion acquisition of O2 Power's green energy business, aiming for a 20 GW capacity by 2030. The deal, through JSW Neo Energy, includes a 4.7 GW portfo...

JSW Energy's Billion-Dollar Leap: Acquiring O2 Power for a Greener Future

JSW Energy announces a $1.4 billion deal to acquire O2 Power, aiming for a 20 GW capacity by 2030. This strategic move enhances JSW's renewable energy portfolio, marking a signific...

Suzlon: Pioneering India's Renewable Energy Revolution

Suzlon, India's leading wind energy company, champions 'Make in India' by creating clean energy, empowering communities, and saving millions of tonnes of CO₂ annually.

Solar91 Cleantech SME IPO: A Green Energy Leap for India

Solar91 Cleantech, an EPC solutions provider, has fixed the price band for its Rs 106 crore IPO at Rs 185-195 per share, set to open on December 24. The company aims to use the fun...

Japan Aims for a Greener Future: 40-50% Renewable Energy by 2040

Japan aims for renewable energy to account for up to 50% of its electricity mix by 2040, according to a draft energy policy. The plan also includes reducing thermal power usage and...

Coal India Pumps Rs 1,209 Crore into Solar Projects: A Giant Leap Towards Renewable Energy

Coal India Limited has invested Rs 1,209 crore in solar projects with a capacity of 661 MW, aiming to achieve 3,000 MW by 2027-28. The company has taken measures to ensure timely e...

Orsted Sells Half of Greater Changhua 4 Wind Farm to Cathay Life for $1.64 Billion

Danish energy company Orsted has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwan's Cathay Life Insurance for $1.64 billion. The wind farm, part of...

BP and JERA Join Forces for $5.8B Offshore Wind Energy Venture

BP plc and JERA form a joint venture, JERA Nex bp, focusing on offshore wind energy production with a potential 13GW capacity. The venture, expected to be completed by 2025, will i...

BP and JERA Join Forces to Invest $5.8B in Offshore Wind Energy

BP plc and JERA form a joint venture, JERA Nex bp, to focus on offshore wind energy production with a potential net generating capacity of 13GW. The companies plan to invest up to ...

Aditya Birla Group Announces Massive Rs 50,000 Crore Investment in Rajasthan

The Aditya Birla Group plans to invest Rs 50,000 crore in Rajasthan across its businesses, including Rs 6,000 crore in renewable energy. The investment will scale up cement product...

Germany's Economic Crisis: Energy Shock Exposes Longstanding Weaknesses

Germany's once-thriving economy is now struggling due to an energy crisis, exposing longstanding weaknesses. The International Monetary Fund and the European Union expect Germany's...