In Short : The Asian Development Bank has established a resident mission in the Solomon Islands to strengthen project delivery and support development efforts. Upgrading its Honiara office, ADB aims to improve coordination and decision-making. Its current portfolio includes 16 projects worth $414 million, with 13 more projects valued at $213 million planned from 2025 […]
With this expansion, the company becomes~6.6 GWp strong in PV modules and 2.5 GWp in solar cells The move will strengthen Emmvee’s position in India as a Module Manufacturer* New Delhi – Emmvee, a national player in India’s solar manufacturing sector, announced the inauguration of its new facility at Sulibele, near Bengaluru International Airport, Karnataka. […]
In Short : Ashish Khanna, Director General of the International Solar Alliance (ISA), is focused on sharing India’s solar success globally. With over 26 years of experience, Khanna aims to drive solar energy adoption in developing nations by overcoming financing, regulatory, and technical challenges. Under his leadership, ISA will foster global collaborations to accelerate renewable […]
In Short : Finance Minister Nirmala Sitharaman urged Austrian companies to invest in India’s green hydrogen, EV, and digital sectors during a business roundtable in Vienna. Highlighting India’s skilled workforce and Austria’s tech strengths, she emphasized collaboration potential. Sitharaman also invited Austria’s finance minister to India, aiming to deepen bilateral ties and boost investment in […]
In Short : Onix Renewable will invest ₹25,000 crore over three years to develop 7 GW of renewable energy capacity and 5 GW of solar manufacturing. Focused primarily on solar and wind, the plan includes a 2,400 MW module plant and 1,200 MW cell facility in Gujarat. The company also targets a total renewable portfolio […]
In Short : BPCL and Sembcorp have formed a 50:50 joint venture to accelerate India’s transition to green hydrogen and renewable energy. The JV will develop projects for green hydrogen, ammonia, and clean fuels, supporting BPCL’s net-zero target by 2040. This move aligns with India’s aim to produce 5 million tonnes of green hydrogen and […]
In Short : NTPC Green Energy shares gained attention after commissioning a 90 MW wind unit at the Dayapar project in Gujarat, boosting its renewable portfolio. Additionally, it formed a joint venture with MAHAPREIT to develop green energy parks across India. These strategic moves align with India’s clean energy goals and have sparked strong investor […]
In Short : Geopolitical upheavals, like the Ukraine conflict, have accelerated the shift to renewables, says IRENA. Renewables enhance energy security, reduce reliance on fossil fuel imports, and foster global cooperation. A decentralized energy system lowers geopolitical tensions and the risk of conflict. IRENA highlights clean energy as a strategic tool for both stability and […]
In Short : India has overtaken Germany to become the world’s third-largest generator of wind and solar power, contributing 10% of its electricity from these sources in 2024, according to Ember’s report. Driven by rapid solar growth and supportive policies, India added 24 GW of solar capacity last year, reinforcing its ambition to reach 500 […]
In Short : Chanakya Opportunities Fund has invested in Sadbhav Future Tech’s ₹36 crore pre-IPO round. Founded in 2020, the renewable energy startup focuses on solar pumps, rooftops, and large-scale installations. With over 50,000 solar pumps deployed, the company aims to impact one million farmers, supporting the PM-KUSUM scheme and enhancing rural energy access while […]