Renewable Energy

TotalEnergies to Invest in Adani Green’s Projects, Sources

TotalEnergies to Invest in Adani Green’s Projects, Sources

TotalEnergies to Invest in Adani Green’s Projects, Sources TotalEnergies SE will put money into Adani Green Energy Ltd.’s green projects. After someone claimed Gautam Adani’s business did something wrong, this is the first deal between the French oil company and Adani that everyone knows about. Total wants to buy parts of Adani Green’s projects to …

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The promise to triple global renewable energy capacity by 2030, a significant step but with challenges

How to triple global renewable energy capacity by 2030, a significant step but with challenges

How to triple global renewable energy capacity by 2030, a significant step but with challenges The G20 meeting’s most significant climate-related conclusion is a resolution to strive toward tripling the world’s renewable energy capacity by 2030. It has the potential to have a huge impact on lowering greenhouse gas emissions and is the only brand-new, …

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How India’s G20 Presidency Can Boost Global Biofuels Alliance

How India’s G20 Presidency Can Boost Global Biofuels Alliance

How India’s G20 Presidency Can Boost Global Biofuels Alliance India is set to take over the presidency of the G20, the group of 20 major economies, in 2023. One of the key initiatives that India plans to pursue during its tenure is to form a global biofuels alliance, similar to the International Solar Alliance (ISA) …

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PM Modi-Biden announced joint initiative for renewable energy worth $1 billion

PM Modi-Biden announced joint initiative for renewable energy worth $1 billion

PM Modi-Biden announced a joint initiative for renewable energy worth $1 billion In NEW DELHI: US President Joe Biden and Prime Minister Narendra Modi have given the go-ahead for a joint investment fund of up to $1 billion to boost India’s efforts for a speedier transformation through the development and deployment of cutting-edge green technologies. …

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Union Cabinet sanctions ₹3,760 crore VGF to support Battery Energy Storage Systems

Union Cabinet sanctions ₹3,760 crore VGF to support Battery Energy Storage Systems

Union Cabinet sanctions ₹3,760 crore VGF to support Battery Energy Storage Systems New Delhi: To support the renewable energy sector, which depends on storage when green power generation is low or down, the Union Cabinet approved a 3,760 crore viability gap fund (VGF) for battery energy storage systems (BESS). The VGF provides grants to improve …

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Airtel invests in renewable energy projects to power six Nxtra data centres with 23,000 MWh

Airtel invests in renewable energy projects to power six Nxtra data centers with 23,000 MWh

Airtel invests in renewable energy projects to power six Nxtra data centers with 23,000 MWh One of the top telecom service providers in India, Bharti Airtel, will purchase 23,000 MWh of renewable energy by the fourth quarter of the current fiscal year (Q4FY24) for its data center business, Nxtra. According to Airtel’s filing with the …

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IREDA and IIFCL Collaborate to Finance Renewable Energy Projects in India

IREDA and IIFCL Collaborate to Finance Renewable Energy Projects in India

IREDA and IIFCL Collaborate to Finance Renewable Energy Projects in India The Indian Renewable Energy Development Agency Ltd. (IREDA) and India Infrastructure Financing Corporation Ltd. have signed a Memorandum of Understanding (MoU), which is a key step towards advancing renewable energy efforts in India (IIFCL). The co-lending, co-origination, and loan syndication of renewable energy projects, …

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Shell Energy India to Spend Rs 3,500 Crore on Renewable Energy Project in Gujarat

Shell Energy India to Spend Rs 3,500 Crore on Renewable Energy Project in Gujarat

Shell Energy India to Spend Rs 3,500 Crore on Renewable Energy Project in Gujarat On Wednesday, Shell Energy India said that it would invest Rs 3,500 crore in Gujarat to build an LNG regasification terminal, electric vehicle charging stations, and a facility for renewable energy. These projects would support almost 4,300 employees. According to a …

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ReNew’s Net Profits Rise to US$36 Million in Q2 2023

ReNew’s Net Profits Rise to US$36 Million in Q2 2023

ReNew’s Net Profits Rise to US$36 Million in Q2 2023 ReNew Energy Global, a firm based in India that produces renewable energy, has released its preliminary financial results for the first quarter of its 2024 fiscal year. These data show net profits of US$36 million (INR3 billion) and total revenues of US$300 million. The company’s …

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Vedanta Aluminium Secures 1335 MW Renewable Energy Contract, Pledges to Go Green

Vedanta Aluminium Secures 1335 MW Renewable Energy Contract, Pledges to Go Green

Vedanta Aluminium Secures 1335 MW Renewable Energy Contract, Pledges to Go Green According to Vedanta Aluminium, it has negotiated long-term power delivery contracts to obtain 1335 MW of renewable energy to run its operations. On the occasion of Akshay Urja Diwas, the company made the statement. As a result of the agreements, Vedanta Aluminium will …

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