In Short : The Asian Development Bank and Green Climate Fund have launched a \$200 million India Green Finance Facility to boost clean energy investments. Targeting green hydrogen, round-the-clock renewables, biogas, and rural e-mobility, the program will channel funds through Indian DFIs. It includes a \$65 million credit guarantee to support smaller developers and aligns […]
In Short : India has launched the City Accelerator Program under the PM Surya Ghar scheme to boost rooftop solar adoption in urban areas. Pilots in cities like Chandigarh, Nagpur, and Thiruvananthapuram will use demand aggregation and subsidy models to simplify installations. The initiative aims to bring solar power to 1 crore households, reduce emissions, […]
In Short : The Ministry of Skill Development and Entrepreneurship (MSDE) has partnered with Shell India to launch green energy and electric vehicle (EV) training programs. The initiative will equip students and faculty with hands-on and theoretical skills in solar, wind, battery systems, and EV technologies. This collaboration aims to build a future-ready workforce aligned […]
In Short : Coal India Limited (CIL) has formed a new subsidiary in partnership with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) to develop renewable energy projects in Rajasthan. CIL holds a 74% stake, while RRVUNL holds 26%. With an initial capital of ₹10 lakh, the venture aims to implement solar and wind power projects, […]
In Short : The Asian Development Bank and Japan launched the ADB Market Acceleration Platform (AMAP) with an initial \$20 million to boost private sector investment in Asia and the Pacific. AMAP will support policy reforms, build investment pipelines, and de-risk projects in key sectors like clean energy, infrastructure, and digital services, focusing on frontier […]
In Short : Continuum Green Energy has received SEBI approval to launch a ₹3,650 crore IPO, including a ₹1,250 crore fresh issue and a ₹2,400 crore offer-for-sale. Proceeds will repay subsidiary debt and fund corporate needs. The company operates 2.22 GWp of renewable capacity across India and plans to use this IPO to strengthen its […]
In Short : Kolkata will soon host India’s largest EV charging hub, featuring 300 chargers and ranking second globally after China. Set to open by August 2025 in Thakurpukur, the 2-acre facility by EzUrja will include fast and slow chargers. Powered partly by solar energy and a microgrid, it aims to meet 40% of its […]
In Short : India Power Corporation Ltd, in partnership with ChargET, has launched West Bengal’s first green EV charging station in Kolkata’s Salt Lake Sector V. Capable of charging 60 vehicles at once, it currently uses thermal power but will switch to solar within six months. India Power and ChargET plan to expand with more […]
New Delhi – The Global Cement and Concrete Association India (GCCA India), in collaboration with The Energy and Resources Institute (TERI), has launched the “Decarbonisation Roadmap for the Indian Cement Industry: Net zero CO2 emissions by 2070”. This aligns with the Government of India’s commitment to net-zero emissions and reflects the Indian cement sector’s aspiration […]
In Short : Servotech Power Systems and CIMSME have introduced a user-friendly mobile app to simplify solar adoption under the PM Surya Ghar Yojana. The app offers subsidy details, real-time energy monitoring, and end-to-end support, aiming to accelerate the installation of solar systems in 1 lakh homes by 2026, advancing India’s renewable energy targets and […]