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Tata Power to install solar, battery energy systems across one lakh households in Punjab over three years
Tata Power Solaroof has launched 'Ghar Ghar Solar' in Punjab, aiming to equip one lakh households with rooftop solar and battery systems over three years. This initiative, supported by accessible financing and community programs like 'Mera Gaon, Mera Solar', seeks to boost clean energy adoption. The campaign aligns with government subsidies, making solar power more affordable and promoting self-reliant energy solutions across the state.
Adar Poonawalla Family Office invests ₹700 crore in Inox Clean Energy at ₹70,000 crore valuation
The renewable energy company will use the fresh funds to expand projects, boost manufacturing and pursue more acquisitions after completing 10 deals in the past 10 months.
Coal India's SECL strengthens monsoon measures for uninterrupted supply
SECL, a Coal India subsidiary, has implemented robust monsoon preparedness to ensure uninterrupted coal supplies crucial for India's energy security. The company achieved its best-ever first-quarter performance in production and offtake, with a significant portion directed to power utilities. SECL's extensive operations across Chhattisgarh and Madhya Pradesh underscore its vital role in meeting national energy demands.
Adar Poonawalla Family Office invests Rs 700 crore in Inox Clean
Adar Poonawalla's family office has injected Rs 700 crore into Inox Clean Energy, This significant investment bolsters Inox Clean's integrated platform, which now includes solar manufacturing and independent power production, following a series of strategic acquisitions. The capital infusion aims to fuel further expansion, including new projects and manufacturing capacity, reinforcing its position in the clean energy sector.
Ather Energy Shares In Focus As HDFC Securities Raises Target Price — Buy, Sell or Hold?
HDFC Securities has maintained Buy rating on Aether Industries and has raised its target price.
GK Energy gains after securing Rs 48 crore rooftop solar project order
GK Energy rose 2.18% to Rs 140.91 after the company said it had secured a 10 MW rooftop solar project order worth Rs 48.02 crore.
MNRE opposes uniform DSM norms for renewable projects
The Ministry of New and Renewable Energy is pushing for a distinct deviation settlement mechanism for wind and solar projects, arguing they shouldn't face the same penalties as conventional power plants. Renewable energy's weather-dependent nature necessitates a tailored approach, the ministry stated, to avoid increasing financial risks and impacting project viability. They advocate for a graded system considering forecasting and grid readiness.
Coal India bags Rs 2,831 crore 600 MW solar plant deal in UP
State-owned Coal India Limited has clinched a significant ₹2,831.11 crore contract to build a 600 MW solar power facility in Uttar Pradesh's Jalaun Solar Park. This massive project, split into two 300 MW blocks, will supply electricity at a fixed rate of ₹2.73 per kWh. The deal was awarded by Bundelkhand Saur Urja Limited, marking a major green energy push for the mining giant.
Green Stocks July 1: Solar Stocks End Mixed as Benchmark Indices Start July on Firm Note - Saur Energy
Green Stocks July 1: Solar Stocks End Mixed as Benchmark Indices Start July on Firm NoteSaur Energy
Adani Green Energy achieves 20 GW renewable milestone
Adani Green Energy (AGEL) has surpassed 20 gigawatts (GW) of operational renewable energy capacity, becoming the first renewable energy company in India to achieve the milestone predominantly through greenfield development. The company generates over 52 billion units of clean electricity annually. The output represents nearly 3 per cent of India's electricity consumption, enough to power New York City for a year, or almost entire Mumbai and New Delhi combined.
Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestone
Adani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development. This significant feat, accomplished within a decade, generates enough clean electricity annually to power nearly 3% of India's needs. The company's expanding portfolio, including solar, wind, and battery storage, underscores its pivotal role in accelerating the nation's clean energy transition and bolstering energy security.
ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia project
A significant boost for India's green energy ambitions! ACME Group's joint venture with Japan's IHI Corporation has secured a massive $5 billion in Japanese government price support. This funding is earmarked for two key clean energy initiatives, including one of India's largest green ammonia projects in Odisha. This development marks a crucial step towards decarbonising vital industrial sectors.