GE Vernova to Invest INR 1,400 Million in India to Expand Grid Technology Manufacturing
GE Vernova announced plans to invest approximately INR 1,400 million (USD 16 million) in India to expand its electrification manufacturing and engineering footprint—specifically, advanced grid technologies that enable stable, reliable, and secure delivery of electricity.
Investment & Trading | 15/05/2025 | By News Bureau
MNRE Secretary Santosh Kumar Sarangi Assigned Additional Charge of CMD, SECI
Santosh Kumar Sarangi, Secretary of the Ministry of New and Renewable Energy (MNRE), has been given additional charge as Chairman and Managing Director of Solar Energy Corporation of India (SECI) following the early termination of Rameshwar Prasad Gupta.
Business | 13/05/2025 | By Mrinmoy Dey
Karnataka Signs INR 5,000 Crore MoU with GAIL for 1 GW RE Project
Karnataka partners with GAIL to develop 1 GW renewable energy capacity, aiming to boost green energy, create jobs, and strengthen infrastructure through solar, wind, and storage solutions.
Business | 13/05/2025 | By EI News Network
NHPC Signs MoU with RVUNL to Develop 2 GW Pumped Storage Projects in Rajasthan
NHPC has signed an MoU with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) to jointly develop pumped storage and other renewable energy projects in Rajasthan, starting with two 1,000 MW PSPs.
Business | 12/05/2025 | By Mrinmoy Dey
Reliance, Jindal, SAEL, Sembcorp, JBM, Hindustan Power Win SJVN’s 1200 MW Solar Plus ESS Auction
SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies have emerged as winners in SJVN’s auction for 1,200 MW of ISTS-connected solar projects with 600 MW/2,400 MWh energy storage systems (ESS).
Business | 12/05/2025 | By Mrinmoy Dey
EcoRatings Achieves SEBI License for ESG Ratings
With this license, EcoRatings will be able to provide ESG ratings to financial securities- both listed and about-to-be listed, as well as to the issuer companies.
Business | 19/11/2024 | By News Bureau
NTPC to Set Up 1 TPD Seawater-to-Green Hydrogen Plant in Andhra Pradesh
NTPC's R&D arm, NETRA, is setting up a 1 TPD seawater-to-green hydrogen plant at NTPC Simhadri, Andhra Pradesh, utilising innovative low-carbon desalination technology.
Renewable energy / Hydrogen / Fuel Cells | 19/11/2024 | By Mrinmoy Dey
Waaree Energies Reports INR 36,635 Million Revenue, 17 Percent PAT Growth in Q2
Waaree Energies reported total income of INR 36,635 million in Q2 FY25, with 17 percent PAT growth and improved EBITDA margins at 16.8 percent. The production reached 3.3 GW in H1, and a robust 20 GW order book underscores strong market confidence.
Business | 19/11/2024 | By EI News Network
Aditya Ultra Steel to Set Up 5 MWp Solar Plant at Jasdan, Rajkot
Aditya Ultra Steel Ltd., a rolled steel products manufacturer, has announced plans to set up a 5 MWp solar plant at its Jasdan, Rajkot factory, with an approximate investment of about INR 15.35 core, to reduce exposure to electricity price fluctuations and enhance sustainability.
Renewable energy / Solar PV | 19/11/2024 | By Mrinmoy Dey
Brazil Raises Solar Module Import Duties, Sparking Concerns in Energy Sector
Brazil's decision to raise import duties on solar modules from 9.6 percent to 25 percent may derail its energy transition. ABSolar warns of increased solar costs, economic setbacks, 281 at-risk projects, job losses, and company closures due to financing challenges.
Renewable energy / Solar PV | 19/11/2024 | By EI News Network
Attero Appoints Satya S. Tripathi as Independent Member of its Board of Directors
Attero has welcomed the recent joining of Satya S. Tripathi as an Independent Member of its Board of Directors. With his wealth of experience in sustainable development and innovative finance, Tripathi’s appointment marks a significant milestone in Attero's journey towards facilitating a future free of virgin mining in critical minerals.
Business | 19/11/2024 | By News Bureau
Saudi SPPC Signs USD 9.3 Billion PPAs for Thermal and Solar Energy Projects
Saudi Power Procurement Company (SPPC) inks agreements for 5 energy projects totaling 9,200 MW, including 7,200 MW thermal and 2,000 MW solar. Investments worth SAR 35 billion align with Vision 2030’s balanced energy mix of gas and renewables.
Middle East Market | 19/11/2024 | By EI News Network
China to Reduce Export Tax Rebates for Solar PV Products
China's PV export tax rebate cuts are set to impact the global solar market, likely driving up costs for overseas buyers amid supply chain shifts and local manufacturing efforts.
Policies & Regulations | 19/11/2024 | By Abha Rustagi
AMPIN Energy Transition and CIP Partner to Enable 2 GWp RE Projects Across India
The new partnership follows the existing partnership that AMPIN and CIP entered in 2021 to enable joint equity investments of initially USD 200 million in renewable energy projects in India.
Renewable energy / Solar PV | 19/11/2024 | By News Bureau
India and Norway to Deepen Collaboration on Renewable Energy, Green Hydrogen, and Green Shipping
India and Norway explore ways to enhance collaboration in renewable energy, green hydrogen, and green shipping during PM Modi's meeting with Norwegian PM Jonas Gahr Store on the sidelines of the G20 Summit in Rio de Janeiro.
Business | 19/11/2024 | By Mrinmoy Dey
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