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The Latest Breaking News from Renewable Energy

World Bank Group commits $890 million to promote solar rooftop project in India

The World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes nationwide. The program will also create significant job opportunities across the renewable energy sector. India seeks to achieve net zero emissions by 2070 and increase non-fossil fuels.…

The Economic Times

Why This Australia-India Deal Matters More Than You Think

India's demand for electricity is rising faster than ever as cities expand, industries grow, and millions of people require reliable power every day. While solar and wind energy continue to grow, they cannot generate electricity around the clock. That is where nuclear energy becomes important. India's latest uranium supply agreement…

MyLifeXP

Morocco is becoming Africa's solar energy powerhouse with one of the world's largest solar complexes

For years, Morocco has relied heavily on imported fossil fuels to meet its energy needs. Today, it is rewriting that story by harnessing one resource it has in abundance: sunshine. Through massive investments in solar and wind energy, the North African nation has emerged as one of Africa's leading renewable…

The Times of India

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Hormuz tensions make India-Germany energy ties vital: Envoy

German Ambassador Philipp Ackermann expressed concern over Strait of Hormuz attacks. He called for diplomacy and a quick return to the status quo. The crisis highlights the need for India and Germany to strengthen energy security cooperation. Both nations are working closely on renewable energy under a development partnership. The…

The Economic Times

NALCO shares in focus on JV with NLC India for 1,080 MW thermal plant in Odisha

National Aluminium Company and NLC India have signed an agreement for a joint venture. This new entity will establish a 1,080 MW captive thermal power plant in Odisha. The plant will supply electricity for NALCO's aluminium smelter expansion project. Partners will also explore renewable energy sourcing and long-term coal supply.…

The Economic Times

Northern Norway’s coastal towns face storms, erosion and energy stress: And scientists say climate plans must cut emissions and protect livelihoods at once

In Northern Norway, communities grapple with the transformative effects of Arctic climate change, which threatens both infrastructure and local livelihoods. To combat these challenges, integrating climate resilience and emission reduction strategies is crucial. Leveraging community knowledge alongside scientific insights supports effective planning. Investments in renewable energy infrastructure bolster both mitigation…

The Times of India

Nalco, NLCIL sign JV pact to set up 1,080 MW captive power plant in Odisha

National Aluminium Company and NLC India have signed a joint venture agreement. They will jointly establish a 1,080 MW thermal captive power plant in Odisha. This new plant will supply essential power to Nalco's aluminium smelter expansion project. The collaboration also aims to explore renewable energy and secure coal supply.…

The Economic Times

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Power transmission projects to face execution risks on land acquisition, regulatory approval challenges: Icra

Power transmission projects face significant execution risks and delays. Land acquisition and regulatory approvals hinder timely project completion. These delays impact renewable energy developers and their financial returns. The sector expects substantial capacity additions by 2032. However, execution challenges persist for future projects.

The Economic Times

How California’s solar farms are helping save the endangered San Joaquin kit fox: Inside the surprising conservation success giving one of America’s rarest foxes a fighting chance

Massive solar farms in Central California are now protecting endangered San Joaquin kit foxes. These projects offer safe havens, reducing predation risks for the small mammals. Carefully designed fences and elevated solar panels provide crucial protection from predators. Fox survival rates inside these facilities have proven to be higher. These…

The Economic Times

Weak monsoon dries up India's hydropower as dam output records sharpest fall in over two years

India's hydropower generation significantly dropped in June due to a delayed monsoon. Shrinking reservoir levels limited water availability for electricity production. Coal, nuclear, and renewable energy plants increased output to meet demand. Recent rains have improved monsoon progress, potentially reviving hydropower generation. Electricity demand has also softened after the summer…

The Economic Times

Maruti Suzuki commissions 1 MWh battery energy storage system at Kharkhoda plant

Maruti Suzuki commissioned a 1 MWh Battery Energy Storage System at its Kharkhoda plant. This system integrates into the plant's internal electricity distribution network as a pilot project. The battery storage will store excess solar power generated during low-demand periods. This initiative helps improve renewable energy utilization and reduce carbon…

The Economic Times

Power shift: Australia could cut fossil fuel shocks

Investing in two renewable energy sources could help boost Australia's fuel security, a study has found, but drilling for oil is no solution.

AAP

Include infra loans in priority sector in absence of vibrant bond market: SBI economists

Economists propose reviewing priority sector lending guidelines for banks. They note banks struggle to meet targets without certificate purchases. Infrastructure loans should gain priority sector status for national development. Housing and education loan limits also need upward revision. Renewable energy project loan limits should be significantly increased.

The Economic Times

Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project

Serentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchable Renewable Energy project. Notably, it achieved the largest allocation in the competitive SECI auction. This innovative project ensures electricity provision during non-solar hours, effectively addressing peak demand while significantly cutting…

The Economic Times

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The Economic Times

India-origin battery tech powers Offgrid's first UK manufacturing facility

Offgrid Energy Labs has launched its first UK pilot manufacturing facility for its India-developed ZincGel® long-duration batteries. The 10 MWh plant marks the commercial scale-up of the company's proprietary zinc-bromine technology. Offgrid aims to serve global energy storage markets while expanding manufacturing of India-origin battery innovation through an international production…

The Times of India

A Native American tribe once relied on oil and gas; now its desert land will help power Meta’s new data center

The Ute Mountain Ute Tribe is developing a large solar project. This initiative will supply clean energy to a new Meta data center. The project marks a significant shift from the tribe's oil and gas revenue. Renewable energy developers face policy uncertainties and permitting challenges. The tribe secured approvals before…

The Economic Times

TPG acquires Aseem Infrastructure from NIIF with GIC, ICICI backing

Global private equity firm TPG is acquiring a full stake in Aseem Infrastructure Finance, a leading sustainable infrastructure debt financier. Partnering with Singapore's GIC and ICICI Bank, TPG's climate investing platform will take over the company, which has funded significant renewable energy and power transmission projects. Aseem Infrastructure, founded by…

The Economic Times

Sunsure Energy secures Rs 262 cr project financing from FMO, Axis Bank

Sunsure Energy has secured a significant Rs 262 crore financing for its 75 MWp open-access solar project in Tamil Nadu. Dutch development bank FMO is leading the funding, with Axis Bank contributing approximately Rs 71 crore. This marks FMO's debut in India's Group Captive C&I renewable energy sector, aiming to…

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The Economic Times

Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambit

Gautam Adani's $11.5 billion aluminium joint venture with IHC marks his biggest bet yet on India's industrial future. Rather than challenging Hindalco and Vedanta directly, Adani is targeting soaring aluminium demand driven by manufacturing, renewable energy and infrastructure, aiming to build a fully integrated metals business and reshape India's aluminium…

The Economic Times

India's power demand likely to grow 6% annually as renewable capacity additions stay strong

India's power demand is expected to grow at around 6 per cent annually over the next four to five years, supported by continued renewable energy capacity additions of 45-50 GW every year, according to a Centrum Institutional Research Q1FY27 power sector results preview report.

The Guardian - UK

‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentre

Suspicions grow in Lanarkshire that local people have been misled on supposed benefits of the huge development

The Guardian - UK

What’s holding back Britain’s green revolution? – a visual story

Labour has approved a wave of renewable energy projects, but turning plans into power remains slow. Why is that?

The Economic Times

PM Modi unveils India's 1st integrated refinery-cum-petrochem unit with 9 MMTPA capacity, other projects

PM Modi inaugurated India's first integrated refinery-cum-petrochemical complex in Rajasthan, a significant Rs 1.06 lakh crore development. This project, a joint venture with HPCL, aims to boost energy security and petrochemical self-sufficiency. The PM also laid the foundation for the Jaipur Metro's second phase and dedicated rail doubling, road, and…

The Economic Times

Energy-hungry Asia is already drawing lessons from Iran crisis

Asia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array of fossil fuel providers. The war highlighted the region's vulnerability to supply disruptions, prompting nations like India to plan strategic stockpiles. This crisis has also accelerated the push…

The Economic Times

Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in Punjab

Tata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Punjab to adopt rooftop solar systems with zero upfront cost. This initiative aims to install 200 megawatts of solar capacity over three years, allowing businesses to repay through savings-based EMIs or lease…

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