Renewable Energy News - Latest Updates & Headlines
Gujarat Minister highlights state's power and green energy achievements
Gandhinagar, March 26: During the discussion on the budgetary demands for the Energy and Petrochemicals Department in the Gujarat Assembly, State Energy Minister Kanu Desai said on Wednesday that the four electricity distribution companies in the state received 'A+' ratings from the Union Power Ministry, with the Dakshin Gujarat, Madhya Gujarat, and Uttar Gujarat companies ranking first, second, and third, respectively.
Revised RBI's priority sector lending norms to further boost economy: SBI report
New Delhi, March 26: The recent amendments in priority sector lending (PSL) guidelines by the Reserve Bank of India (RBI) should further help the economy grow faster and fine tune the building blocks of the factors of productions, mainly the MSMEs, agri and allied sectors, housing and exports, etc, a report by SBI Research said on Wednesday.
RBI's revised priority sector lending norms ease credit constraints in renewable energy sector: SBI
New Delhi, March 26: The Reserve Bank of India's (RBI) revised guidelines for Priority Sector Lending (PSL) have helped ease credit constraints in the renewable energy sector, according to a report by the State Bank of India (SBI).
Gujarat's coastal power upgrade: Rs 2,534 crore investment to prevent cyclone damage
Gandhinagar, March 25: The Gujarat government has undertaken a phased initiative to convert overhead power lines into underground cables, aiming to ensure uninterrupted electricity supply, particularly for farmers and residents in vulnerable regions.
RBI's revised priority sector lending norms to benefit banks: Experts
New Delhi, March 25: The Reserve Bank of India's (RBI) decision to revise priority sector lending (PSL) norms will benefit banks with a significant housing loan portfolio, while also intensifying competition in the renewable energy sector, experts said on Tuesday.
Maha CM releases Energy Department's 100-day report card
Mumbai, March 24: Maharashtra Chief Minister Devendra Fadnavis on Monday released a progress report on the achievements of the state's Energy Department during the first 100 days of the government.
Gujarat: Banaskantha residents benefit from solar pumps, installed under PM-KUSUM scheme
Banaskantha, March 24: The Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) was launched in 2019 with an objective of providing energy security to farmers while also honouring the country’s commitment to increasing its share of electric power to about 49 per cent by 2030.
Adani Energy Solutions wins Rs 2,800 crore transmission project in Gujarat
Ahmedabad, March 21: Adani Energy Solutions Ltd (AESL) on Friday announced it has won Rs 2,800 crore worth of power transmission project in Gujarat.
India's solar sector grows stronger with 60 GW domestic manufacturing: Rubix Data Sciences
New Delhi, March 21: India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.
Renewable energy hiring to surge around 18 per cent in FY25 as demand for skilled professionals rises
Bengaluru, March 21: As India accelerates its transition towards achieving renewable energy targets of 500 GW of non-fossil fuel capacity by 2030, the sector is undergoing a significant workforce transformation, according to Teamlease report.
AESL wins Rs 2,800 Cr transmission project in Gujarat for green hydrogen/ammonia manufacturing
Ahmedabad, March 21: Adani Energy Solutions Ltd (AESL) on Friday said it has won a power transmission project in Gujarat, which will supply green electrons for manufacturing Green Hydrogen and Green Ammonia in Mundra, Gujarat.
Hiring in India's renewable energy sector to surge over 18 pc in FY25: Report
Bengaluru, March 21: Hiring in renewable energy sector in India is expected to surge more than 18 per cent in FY25 as the country accelerates its transition towards achieving the ambitious target of 500 GW of non-fossil fuel capacity by 2030, according to a report on Friday.
Gujarat Budget: Rs 165cr allocated for climate change; renewable energy capacity reaches 32,303 MW
Gandhinagar, March 20: Presenting the demands of the Climate Change Department in the Gujarat Assembly, it was highlighted that the state established a dedicated Climate Change Department in 2009. This move not only set an example for India but also positioned Gujarat as a pioneer in Asia.
Himachal govt to seek legal opinion to take over power projects operating without set timelines: CM Sukhu
Shimla, March 20: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said that his government was seeking legal opinion to take over power projects operating in the state without set timelines.
Union govt is measuring to increase blending of ethanol in petrol beyond 20 pc from 2030
New Delhi, India, March 20: The Union government is planning to increase the blending of 20 per cent ethanol in petrol from 2030, Union Minister of State for Tourism and Petroleum Suresh Gopi said in a written reply to the Lok Sabha on Thursday.
India's renewable hydrogen developers bank on cost advantage in lackluster global market: S&P report
New Delhi, March 20: India's renewable hydrogen developers hope cost advantages and offtake interest will help kickstart "green ammonia" export opportunities in 2027 despite the sector's uncertain outlook, according to S&P Global Commodity Insights.
India's GDP to expand by 6.7 pc in FY25, fastest growing in Asia-Pacific: S&P Global
New Delhi, March 20: An S&P Global Ratings report on Thursday projected India's GDP to expand by 6.7 per cent in fiscal 2025 (year ending March) -- the fastest growing economy in the Asia-Pacific region.
State-owned IREDA launches 1st-ever perpetual bond to raise Rs 1,247 crore
New Delhi, March 20: State-owned renewable energy financier, Indian Renewable Energy Development Agency (IREDA), on Thursday announced that it has launched its first-ever perpetual bond to raise Rs 1,247 crore.
India's energy efficiency above global average: RBI bulletin
Mumbai, March 20: India's energy efficiency improved by 1.9 per cent between 2000 and 2023, which is faster than the global average of 1.4 per cent, according to a study carried out by an RBI research team.
Delhi's peak power demand may touch 9000 MW this Summer, BSES gears up for reliable supply
New Delhi, March 19: Delhi is likely to witness another record-breaking power milestone, with the peak power demand expected to touch 9000 MW for the first time this summer, according to the State Load Dispatch Centre (SLDC). This comes after the national capital recorded its highest-ever demand of 8656 MW in 2024.
India's imports of solar cells and modules declined by 20% and 57% in first eight months of 2024-25: Report
New Delhi, March 18: Several factors, including the expansion of domestic manufacturing capacity and the government's proactive measures, have over the past years contributed to a positive change in India's overall solar landscape.
Adani Green Energy committed to achieving net water positivity by FY2025-26
Ahmedabad, March 16: Adani Green Energy, India's largest renewable energy firm, on Sunday said it is committed to achieving net water positivity by FY2025-26, reducing its freshwater consumption across all operations.
Adani Green Energy aims to be water-positive in all operational locations by 2025-26
Ahmedabad, March 16: Adani Green Energy on Sunday said that it is committed to achieving net water positivity by 2025-26 at all its operational locations.
Jammu and Kashmir: DM directs smooth implementation of 'PM Surya Ghar: Muft Bijli Yojana' in Doda
Doda, March 15: In a review meeting held on Saturday regarding the PM Surya Ghar: Muft Bijli Yojana, District Magistrate Harvinder Singh directed the authorities to ensure the smooth implementation of the scheme.
MahaVitaran to be profit-making discom, listing to happen before March 2027: CMD Lokesh Chandra (IANS Interview)
Mumbai, March 14: As Chief Minister Devendra Fadnavis recently stated in the Assembly that state power distribution company (discom) will be the first to be listed on stock exchanges, Maharashtra State Electricity Distribution Company (MahaVitaran) CMD Lokesh Chandra said they are vigorously implementing capex for turnaround and cut tariffs charged to various consumers.
Waaree Renewable Technologies upgraded to CARE A by CARE Ratings
New Delhi, March 14: Waaree Renewable Technologies Limited (WRTL) has been raised from CARE A- to CARE A in the most recent ratings published by CARE Ratings, India's top credit rating agency, the company said in a release.
UP to transform all municipal corporations into solar cities, announces CM Yogi Adityanath
Gorakhpur, March 13: Chief Minister Yogi Adityanath announced on Thursday that all municipal corporations in Uttar Pradesh will be transformed into solar cities as part of the state's commitment to clean energy and sustainable urban growth.
Chandigarh, Daman and Diu achieve 100 pc govt building rooftop solar targets
New Delhi, March 13: Chandigarh and Daman and Diu have achieved 100 per cent of their government building rooftop solar targets, leading the nation in clean energy adoption, the government said on Thursday.
PM Surya Ghar Muft Bijli Yojana led to 10 lakh homes becoming solar-powered
New Delhi March 13: World's largest domestic rooftop solar initiative, the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), has achieved a historic milestone with 10 lakh homes now solar-powered as of March 10 this year.
India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030: CEEW
New Delhi, March 13: India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, as per a study by the Council on Energy, Environment and Water (CEEW) launched at the national dialogue on powering India's future here on Wednesday.
Solar electrification of PHCs in 18 dists to ensure quality healthcare services: Maha CM
Mumbai, March 12: Chief Minister Devendra Fadnavis on Wednesday said that the primary health centers in 18 districts of Maharashtra are being solar-electrified. The solar electrification of primary health centers in eight districts has been completed, while the project is in progress in ten other districts.
Govt dedicated to providing industries with sustainable green energy supply: Gujarat CM Bhupendra Patel
Gandhinagar, March 12: Gujarat Chief Minister Bhupendra Patel reaffirmed the state's commitment to providing green energy to industries, driving the growth of renewable energy.
Delhi: NDMC makes solar plant mandatory for building plan approval
New Delhi, March 11: The NDMC's Architecture and Environs department has made the installation of a Solar Power Plant mandatory for the approval of building plans, Vice Chairman Kuljeet Singh Chahal said on Tuesday.
PM Surya Ghar Yojana powers 10 lakh homes in India with solar energy: Centre
New Delhi, March 11: PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) -- the world's largest domestic rooftop solar initiative -- has achieved a significant milestone by completing 10.09 lakh installations across the country, the Ministry of New and Renewable Energy (MNRE) said on Tuesday.
Israel promoting renewable energy at sea
Tel Aviv, March 11: In what it described as a "groundbreaking step to promote renewable energy in Israel's sovereign and economic waters."
Gujarat's power capacity reaches 51,869 MW, renewable energy projects underway
Gandhinagar, March 11: Gujarat's total installed power capacity has surged to 51,869 MW as of October 2024, marking a significant rise from 48,914 MW in March 2024 and 42,719 MW in March 2023, government officials said.
Gujarat govt promotes green energy use in industries
Gandhinagar, March 10: Gujarat Chief Minister Bhupendra Patel has promised to provide green energy to industries in the state. He said that the state government has promoted green energy in the agriculture sector, and now, it was time for industries to turn to the use of green energy.
Gujarat to lead green industrial revolution: CM Patel
Gandhinagar, March 10: Gujarat Chief Minister Bhupendra Patel announced plans to establish a Green GIDC (Gujarat Industrial Development Corporation) where industries will operate solely on green energy supplied by the state government. The initiative aims to position Gujarat at the forefront of sustainable industrial growth.
Chhattisgarh attracts Rs 3 lakh crore investment proposals at Energy Investor Summit
Raipur, March 10: Chhattisgarh has attracted investments worth Rs 301,086 crore through various industrial proposals in the energy sector at the 'Chhattisgarh Energy Investors Summit 2025', the State govermment said on Monday.
India's per capita CO2 emissions among lowest in world as green energy capacity surges
New Delhi, March 9: India, which has emerged as the world's 5th largest economy, also stands out as a country with one of the lowest per capita carbon dioxide (CO2) emissions globally as it balances growth with sustainability and switches to renewables at a rapid pace.