In Short : India’s renewable energy capacity has grown by 15.84% year-on-year, reflecting the nation’s strong push toward sustainable energy. This surge is fueled by government initiatives, increased investments, and technological advancements across solar, wind, hydro, and bioenergy sectors. The growth aligns with India’s goals to reduce fossil fuel dependence, enhance energy security, and meet […]
In Short : Lupin Pharmaceuticals has successfully completed its equity acquisition in Sunsure Solarpark, marking its entry into the renewable energy sector. This acquisition aligns with Lupin’s strategic goal to diversify its portfolio and contribute to sustainable energy solutions. Sunsure Solarpark, known for its solar energy projects, will benefit from Lupin’s investment, supporting India’s growing […]
In Short : The Solar Energy Corporation of India (SECI) has achieved a significant milestone, surpassing 73 GW of renewable energy projects. This accomplishment highlights SECI’s pivotal role in driving India’s renewable energy transition. The projects span solar, wind, and hybrid energy, contributing substantially to the nation’s clean energy targets and efforts to mitigate climate […]
In Short : India’s renewable energy capacity saw a remarkable 113% increase in 2024, according to the Centre. This surge reflects the nation’s commitment to transitioning to clean energy and reducing its carbon footprint. The substantial growth in solar, wind, and other renewable sources underscores India’s progress towards achieving its sustainable energy goals and combating […]
In Short : The Indian Gas Exchange (IGX) has signed an MoU with Austria’s Central European Gas Hub (CEGH) to enhance the trading of natural gas and renewable gases, including hydrogen and biomethane. The partnership aims to boost India’s gas market by leveraging CEGH’s expertise and IGX’s market knowledge, focusing on market development, training, and […]
In Short : The Indian government has approved an additional 5,000 MW allocation for renewable energy projects in Rajasthan. This move aims to bolster the state’s renewable energy capacity, supporting its transition towards sustainable energy. The increased allocation will help drive investment, create jobs, and contribute to India’s overall renewable energy targets, reinforcing Rajasthan’s position […]
In Short : Renewable energy projects account for over ₹28 lakh crore in Renewable Resource (RR) Memorandums of Understanding (MoUs). This substantial investment underscores the growing focus on renewable energy in India’s development agenda, reflecting the country’s commitment to sustainable growth and reducing its carbon footprint through enhanced clean energy initiatives. In Detail : Renewable […]
In Short : The Central Electricity Authority (CEA) has updated its CO₂ Baseline Database for India’s power sector, showcasing progress in renewable energy integration and emission reductions. In 2023-24, renewable energy generation increased to 225.83 billion units. The database tracks emissions across all power stations, helping evaluate the impact of renewable energy and supporting India’s […]
In Short : The President of the UAE has expressed interest in collaborating with Pakistan in the mining and minerals sector. This partnership aims to leverage both nations’ resources and expertise to enhance the growth of this key industry. The collaboration is expected to foster economic development, promote investment, and create job opportunities, strengthening bilateral […]
In Short : REC Limited disbursed an impressive ₹54,692 crore in Q3 FY25, marking a robust performance. Renewable energy loans surged by 58%, reflecting REC’s commitment to green energy and sustainability. This growth aligns with India’s renewable energy goals, as REC continues to fund solar, wind, and other clean energy projects, driving the transition towards […]