MNRE Approves 50 Solar Parks with 37.5 GW Capacity, Expands Wind Energy Plans
Union NRE minister outlined India’s renewable energy targets, identifying potential offshore wind energy sites to reach 30 GW capacity by 2030.
India Regains Presidency of International Solar Alliance till 2026
India was the sole contender for the presidency, while France competed with Grenada for the co-presidency.
IIT Indore Develops Catalyst to Produce Hydrogen from Methanol
This breakthrough is expected to make hydrogen production more efficient and economical, significantly boosting India’s clean energy efforts.
‘Make In India’ Fuels 29x Spurt in Solar Module Manufacturing in 10 Years
The transformational ‘Make In India’ policy increases solar module manufacturing capacity from 2.3 GW in 2014 to 67 GW in 2024.
AD Ports advances ESG agenda, records 174% increase in solid waste recycling
AD Ports Group’s sustainability efforts yield 174 percent increase in solid waste recycling and a 7 percent reduction in electricity consumption.
MUFG and Doha Bank Close First Green Repurchase Scheme in Middle East
This transaction marks both institutions’ first green repo scheme, utilizing green bonds as the underlying collateral.
L&T Creates Separate Renewable EPC Business to Tap Growing Global Demand
Larsen & Toubro carves out a new business vertical for renewable EPC projects amid growing global demand in its infrastructure segment.
Danish Energy Group Orsted Shuts Down its Last Coal-Fired Plant
The yearly coal consumption at Esbjerg Power Station has been about 500,000 tonnes, equivalent to about 1.2 million tonnes of CO2 emissions.
Global Renewable Capacity Rises 14% to 3,870 GW in 2023: IRENA
The report found that solar energy registered the largest share at 1,419 GW last year, recording 32.2 percent over 2022. Hydropower and wind energy accounted for most of the remainder, with total capacities of 1,268 GW and 1,017 GW, respectively.
Clean Energy Accounts for 71% of New Capacity in India
Renewable energy (RE) sources like solar and wind contributed a staggering 71% of the 26 GW of new power generation capacity added during the year.