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.
Andhra Pradesh Eyes $12B Investment in Clean Energy for Net Zero by 2047
AP Chief Minister Chandrababu Naidu unveils the Integrated Clean Energy Policy to promote renewable energy projects and employment.
India Crosses 200-GW Mark in Renewable Energy Production: CEA
Solar and wind power dominated the mix, while Rajasthan, Gujarat, Tamil Nadu and Karnataka topped the RE capacity list.
Sunsure Energy Eyes $1.19B Deft Financing from REC to Power Clean Projects
REC Ltd. and Sunsure Energy to develop 3 GW of renewables and battery energy storage projects, offsetting 5 million tonnes of CO2 annually.
InoxGFL’s Renewable Energy Venture Raises $35.8M From Investors
Marquee investors Akash Bhansali, Rohit Kothari and Madhusudan Kela raised the capital for the company through their respective entities.
JSW Neo Energy Powers Ahead with 600 MW MSEDCL Hybrid Project Win
With this deal, the company’s total locked-in generation capacity has increased to 18.2 GW, which includes hybrid capacity of 3.8 GW.
Suzlon Secures Wind Energy Order of 1,166 MW from NTPC Green Energy
This landmark deal will contribute significantly to India’s renewable energy goals and strengthen Suzlon’s position as a leading player in the sector.
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.
Inox Wind’s Resco Global Raises $41M for Wind Energy Expansion
Inox Wind’s subsidiary raises $41.75 million to expand its wind energy EPC services in India and capitalize on the growing renewable energy market.
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.