Matrix Gas & Renewables raises Rs 350 cr in pre-IPO round
Key investors participating in the pre-IPO round include Gunavanth Vaid (4GCapital Venture), Sarda Group, Sunil Kumar Singhvi (Singhvi Heritage LLP), Blue Lotus Fund, NAV Capital Emerging Fund, and Matrix’s promoters.
L&T Metro Rail Hyderabad Transitions Completely to Solar Power
The company plans to fulfil 100% of its energy needs with solar power, aiming for carbon neutrality by 2040 and water neutrality by 2035.
SJVN Subsidiary Commissions 50 MW Solar Power Project in Uttar Pradesh
A power purchase agreement has been inked with the Uttar Pradesh Power Corporation (UPPCL) for a tenure of 25 years.
Solar Booms in Europe in 2024 Power Generation
2023 saw a record-breaking 14 GWDC of new solar capacity in Germany, with rooftop installations playing a key role.
Adani Green Links 551 MW from Khavda Solar Park to National Grid
With a planned capacity of 30 GW over the next five years, this park will stand as the largest renewable energy installation globally.
USD 2 Trillion Per Annum is Needed to Triple Global Renewables by 2030
Asia as the only region on track to achieve this goal, driven mainly by initiatives in China and India, says the report.
Sri Lanka Eyes Progress on Adani Wind Projects, Hopes for LNG Deal Soon
The cash-strapped nation, seeking to ramp up green energy to reduce reliance on expensive imports, is currently evaluating the projects due to disputes over pricing and efficiency.
Hindalco Secures 26% stake in Ayana Renewable Power
Hindalco secures 26% stake in Ayana Renewable to power Odisha smelter with 100 MW clean energy, advancing its net-zero journey by 2050.
India Revs Up Green Hydrogen Integration for 24/7 Power Security
India is accelerating its green hydrogen integration strategy with CfD models to ensure 24/7 clean energy access, aligning with PM Modi’s vision for global leadership in hydrogen production and export.
American State California to Say Bye to Crude Oil
Exxon Mobil and Chevron, the two leading U.S. oil producers, will officially announce a combined $5 billion devaluation of their California assets in their upcoming fourth-quarter reports.