In Short : The Ministry of New and Renewable Energy (MNRE) is considering proposing tax incentives for investors in green bonds. The move aims to attract more private capital into renewable energy and climate-focused projects, enhancing funding for India’s clean energy transition. By offering fiscal benefits, MNRE seeks to make green bonds a more attractive […]
In Short : GE Vernova has agreed to sell its industrial software unit to global investment firm TPG for $600 million. The deal is aimed at sharpening GE Vernova’s focus on its core energy transition and power businesses. TPG plans to expand the software unit’s capabilities, supporting industrial digitalization and efficiency while driving growth opportunities […]
In Short : APGENCO has recorded a 37.4% rise in renewable energy generation this fiscal year, driven by expansions in solar, wind, and other clean energy sources. This growth underscores the company’s commitment to India’s energy transition, enhancing sustainability, reducing dependence on fossil fuels, and strengthening the overall power generation mix. The surge positions APGENCO […]
In Short : KP Group, in partnership with AHES and GH2 Solar, will set up a green ammonia plant in India to accelerate the clean energy transition. Powered by renewable energy, the project will produce sustainable ammonia, reducing carbon emissions in industrial and agricultural sectors. This initiative reflects India’s push towards green hydrogen and ammonia […]
By Gautam Mohanka, Director, Gautam Solar The decision by the GST Council to reduce the GST rate on solar components from 12% to 5% marks a pivotal step in accelerating India’s clean-energy transition. This significant reform greatly increases the accessibility of solar installations for households, businesses, and farmers across the country. At a time when […]
In Short : Small floating solar projects in the US are gaining traction, showcasing big potential despite their modest scale. Installed on reservoirs and water bodies, they generate renewable energy while saving land and curbing evaporation. These innovative systems are proving cost-effective and sustainable, positioning floating solar as a key contributor to America’s clean energy […]
In Short : India’s wind power sector is expected to expand significantly, with capacity projected to reach 107 GW by 2030, according to GWEC. The report highlights strong policy support, growing investments, and technological advancements as key drivers. With this growth, wind energy will play a crucial role in achieving India’s clean energy targets and […]
In Short : Adani Green Energy has received a credit rating upgrade to ‘AA’ with a Stable outlook, backed by strong growth and improved financial stability. The company’s expanding renewable portfolio in solar and wind, along with consistent cash flows, has strengthened investor confidence. The upgrade reflects Adani Green’s pivotal role in India’s clean energy […]
In Short : Union Minister Hardeep Singh Puri stated that the Centre is prioritizing hydrogen and biofuels to strengthen India’s clean energy roadmap. He highlighted their role in reducing fossil fuel dependence, curbing carbon emissions, and creating sustainable growth opportunities. With a focus on innovation and investments, India aims to make hydrogen and biofuels central […]
In Short : The Asian Development Bank (ADB) has approved financing for Pakistan’s transformative Reko Diq copper mining project, one of the world’s largest undeveloped copper-gold deposits. The funding will support sustainable development, job creation, and economic growth while ensuring environmental and social safeguards. The project is expected to significantly boost Pakistan’s mining sector and […]