Renewable Energy

thumbnail
Ministry Launches Third Tranche of Auction for Seven Critical Mineral Blocks

The Ministry of Mines has unveiled the third tranche of e-auction for critical and strategic minerals. The auction will grant concessions for seven critical mineral...

March 15, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy
thumbnail
SECI Releases ₹1.73 Billion Subsidy Under Solar Park Program in January 2024

The Solar Energy Corporation of India (SECI) paid solar and wind power producers ₹9.39 billion (~$113.3 million) for the energy purchased in January 2024. Disbursements...

March 15, 2024

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Uttar Pradesh Targets 1 Million Metric Tons of Green Hydrogen a Year by 2028

The Uttar Pradesh government aims to produce one million metric tons of green hydrogen annually by 2028 to replace the grey hydrogen used in its fertilizer and refinery...

March 14, 2024

/

Staff

/

Renewable Energy
thumbnail
Avaana Capital Secures $24.5 Million from GCF to Foster Climate Innovation in India

Avaana Capital, a climate-technology investor, has received an investment of $120 million, including $24.5 million from  the Green Climate Fund (GCF), in the “...

thumbnail
In Clean Energy Push, Odisha Approves Project Proposals Worth ₹557 Billion

The Odisha government has given the green light to a number of green energy projects with a promised investment of roughly ₹557 billion (~$6.7 billion). Among the...

March 13, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy
thumbnail
Ballard Power Systems’s Loss Up 77% to $48.9 Million

Fuel cell manufacturer Ballard Power Systems has reported a net loss of $48.9 million in the fourth quarter (Q4) of 2023, an increase of 77.17% year-over-year (YoY) from...

March 13, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy
thumbnail
Indian Coal Sector Targets 9 GW Renewable Energy Capacity by 2030

The Ministry of Coal, under its net-zero electricity consumption plan for coal/lignite public sector undertakings, has set a renewable energy target of 9 GW in the coal...

March 12, 2024

/

Satish Shetty

/

Other

,

Renewable Energy
thumbnail
Haryana Targets 250 KTPA Green Hydrogen, 2 GW Electolyzer Production by 2030

The New and Renewable Energy Department of Haryana has proposed the draft “Haryana Green Hydrogen Policy 2024,” aligning with the Government of India’s...

March 12, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy
thumbnail
Maharashtra Approves Nidar Utilities’ 3 MW RTC Renewable Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved a short-term power purchase for 3 MW of non-solar, non-wind power on a round-the-clock (RTC) basis...

March 12, 2024

/

Arjun Joshi

/

Markets & Policy

,

Other

,

Renewable Energy
thumbnail
DISCOMs Owed Power Generators ₹921 Billion in February 2024

State distribution companies (DISCOMs) owed power generators ₹920.88 billion (~$11.12 billion) in total dues for the monthly billing cycle in February 2024, according to...

March 11, 2024

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Karnataka, Rajasthan Launch Auction of Exploration Licenses for Critical Minerals

In a first for India, Karnataka and Rajasthan have launched an auction of exploration licenses for critical and deep-seated minerals, which play a critical role in the...

March 11, 2024

/

Staff

/

Other

,

Renewable Energy
thumbnail
Month in a Minute: Top Headlines from Indian Renewable Sector in February 2024

Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable...

March 7, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy

,

Uncategorized
thumbnail
IEX Trades 298 MU Green Energy in February, REC Volume Falls 60% MoM

The Indian Energy Exchange (IEX) traded 298 million units (MU) of green energy during February 2024, a 12.61% year-over-year (YoY) drop from 341 MU. The green energy...

March 7, 2024

/

Satish Shetty

/

Other

,

Renewable Energy
thumbnail
BHEL Invites Bids for Power Conditioning Units for Floating Solar Project

Bharat Heavy Electricals (BHEL) has invited bids for the supply and commissioning of grid-connected power conditioning units (PCU) for a 300 MW capacity floating solar...

March 6, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy

,

Tenders & Auctions
thumbnail
Jindal and Hygenco Open Green Hydrogen Facility at Steel Plant in Haryana

India’s first green hydrogen project in the stainless steel sector was inaugurated by Union Minister for Steel Jyotiraditya Scindia at Jindal Stainless in Hisar, Haryana....

March 5, 2024

/

B.S. Nagaraj

/

Other

,

Renewable Energy

1

2

3

...

164