Renewable Power News
For wind power generators, govt plans aid linked to use of local parts
The move aims to encourage local manufacturing and reduce dependence on China.
4 min read10 Feb 2025PSBs to finance ₹10 trillion for green energy projects by 2030
As India’s energy demand is expected to double by 2032, the union minister highlighted the need of higher renewable energy financing to meet 50% of expected rise in demand through renewable energy
1 min read29 Jan 2025Actis wins the race for Macquarie’s green energy platform Stride Climate Investments
The $325-million deal process is expected to be completed by February.
4 min read28 Jan 2025Scorching Heat Blights India’s Road to Riches
It could prevent the world’s most populous country from building the economy of the future.
4 min read16 Jan 2025Green electricity costs a bundle
The data make clear: The notion that solar and wind power save money is an environmentalist lie.
4 min read2 Jan 2025Enel India deal on the final stretch
Three investors have made a binding bid for Enel Group’s renewable energy business in India, potentially valuing the wind and solar assets at over $500 million.
2 min read18 Dec 2024UK Can Meet 2030 Clean Power Target With Less Wind Than Promised
The UK has a narrow pathway to achieve the government’s goal of a clean power grid by 2030, and it may not need as much offshore wind as promised to get there.
1 min read5 Nov 2024Cyclones, heatwaves push up insurance cost for India’s wind power projects
While recent cyclones in Gujarat have damaged wind power projects, there have also been cases of windmills catching fire in Rajasthan amid heatwaves.
7 min read3 Oct 2024Thailand’s Banpu, Just Climate & CapitaLand shortlisted to buy Radiance Renewables in $325 million deal
Banpu Public Co. Ltd is vying to acquire Eversource Capital-backed Radiance Renewables for about $325 million. The competition includes Generation Investment Management’s Just Climate and CapitaLand Investment Ltd, both shortlisted for the second round of bidding after submitting non-binding offers.
4 min read25 Sep 2024Tata Power share price trades in green amid legal dispute with Adaro International over coal supply
Tata Power and Adaro International are currently engaged in a legal battle over a coal supply contract. Both companies are pursuing financial compensation. The dispute, centred on a 2020 agreement, has escalated to arbitration, with claims and counterclaims from each side.
1 min read20 Sep 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared