In Short – Glenmark Pharmaceuticals announces plans to acquire a stake in a renewable power entity, aligning with its commitment to sustainability and clean energy. This strategic move reflects the company’s dedication to reducing its carbon footprint and contributing to environmental preservation. By investing in renewable power, Glenmark aims to bolster its green initiatives […]
Global Electricity Review 2024 – EQ
Government Issued Sovereign Green Bonds Worth Rs 20,000 crore in FY24 to Boost Renewable Energy Sector – EQ
In Short – In FY24, the government issues sovereign green bonds worth Rs 20,000 crore, aimed at bolstering the renewable energy sector. This significant investment underscores the nation’s commitment to sustainable development and accelerating the transition towards clean energy. In Details – New Delhi, According to the latest CEEW Centre for Energy Finance (CEEW-CEF) Market […]
India’s Power and Renewable Energy sectors to receive Rs 17.05 lakh cr investment – EQ
In short – India’s power and renewable energy sectors are poised to receive a substantial investment of Rs 17.05 lakh crore. This infusion of funds signifies a significant commitment to bolstering the country’s energy infrastructure and transitioning towards sustainable sources. Such investment is crucial for driving economic growth, enhancing energy security, and mitigating environmental challenges. […]
Renewable energy firm Juniper Green Energy eyes IPO – EQ
In Short – Renewable energy firm Juniper Green Energy sets sights on IPO, capitalizing on surging demand for sustainable investment opportunities. The move reflects confidence in the market’s appetite for clean energy ventures and signals potential growth opportunities in the renewable sector. In Details – As of February, the company had an operational portfolio of […]
Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers – EQ
In Short – Microsoft commits over $10 billion to expand renewable energy capacity for data centers, advancing sustainability goals. This strategic investment underscores a dedication to clean energy and reducing environmental impact while supporting digital infrastructure growth. In Details – Microsoft has signed a deal with Brookfield Asset Management to invest more than $10 billion […]
UFlex partners with Amplus Phoenix for renewable power at Dharwad plant – EQ
In Short – UFlex collaborates with Amplus Phoenix to integrate renewable power at its Dharwad plant. This partnership underscores UFlex’s commitment to sustainability by reducing carbon emissions and reliance on traditional energy sources. By leveraging Amplus Phoenix’s expertise in renewable energy solutions, UFlex aims to enhance operational efficiency while contributing to India’s renewable energy goals. […]
Webel Solar poised for growth amid India’s renewable energy drive – EQ
In Short – Webel Solar is positioned for substantial growth amidst India’s renewable energy drive. As the nation intensifies its focus on clean energy, Webel Solar’s expertise and capabilities in solar technology are poised to play a pivotal role. With increasing demand and supportive government policies, the company is well-positioned to capitalize on emerging opportunities […]
DVC enters into agreements for Renewable Energy bundling – EQ
In Short – DVC’s entry into agreements for Renewable Energy bundling demonstrates its commitment to sustainability. By combining renewable sources with conventional energy, DVC aims to enhance energy efficiency and reduce carbon footprint, contributing positively to India’s renewable energy goals. In Details – DVC is one of the pioneers to enter into a Power Purchase […]
Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ
In Short – Fitch Ratings maintains stability, affirming Clean Renewable Power’s USD 363 million notes at ‘BB-‘ with a stable outlook. This underscores investor confidence and the company’s financial robustness, emphasizing its resilience in renewable energy investments. In Details – NEW DELHI: Fitch Ratings on Thursday affirmed Hero Future Energies arm Clean Renewable Power (Mauritius) […]