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RIL to invest ₹1.5 tn in green energy business | Mint Primer | Mint
Reliance Industries Ltd (RIL), led by Mukesh Ambani, is doubling its green energy investment target to ₹1.5 trillion, showing its commitment to sustainability. RIL is progressing on the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, with investments in solar, wind, and battery manufacturing. It's competing with Tata and Adani groups in India's new energy sector. RIL plans to establish 100 GW of solar energy by 2030, build giga factories, and has partnerships with various companies. This push aligns with global trends as companies like ExxonMobil and BP aim for net-zero emissions.
25 Aug 2023Renewable Energy System : How close are we? | Mint Explains | Mint
Every year, the world uses approx 35 billion barrels of oil. This massive scale of fossil fuel dependence pollutes the earth, and it won’t last forever. On the other hand, we have abundant sun, water and wind, which are all renewable energy sources. So why don’t we exchange our fossil fuel dependence for an existence based only on renewables?
4 May 2023In the future, solar and wind will be everywhere you look
Conventional power lives in the walls of our homes like magic, but solar and wind will be everywhere.
3 min read25 Jul 2020Govt plans to bail out clean energy firms
With record low solar and wind power tariffs, banks are wary of lending to renewable energy developersIndia is running the world’s most ambitious renewable energy programme, with a target of 175GW of renewable energy capacity by 2022
2 min read3 Dec 2019What is behind the curious decline in generation of renewable energy
The significant fall in renewable energy generation in August is being attributed to low wind energy generationRenewable energy projects are facing the financial impact
2 min read1 Oct 2019PTC India wind power sale attracts Hero, Macquarie, CLP
KPMG will manage sale of PTC India's 290MW of wind power projects spread across Madhya Pradesh, Karnataka and Andhra Pradesh
3 min read11 Jan 2019Renewable capacity addition may surge by 50% in 2019
Total renewable energy capacity addition in 2019 will be 15,860 MW, 50% higher than what was in 2018
3 min read9 Jan 2019PTC India begins process to find investor for wind energy business
India's renewable energy sector has seen several investments and mergers and acquisitions in the last few years
2 min read7 Jan 2019India to add 10GW of renewable power in FY20: ICRA
ICRA says the share of renewable energy in the all India generation will increase to 10% by FY2020 and further to 13% by FY2022 based on capacity addition forecasts
1 min read11 Dec 20182018 a sobering year for renewable energy in India
The number of new renewable energy projects and rock-bottom power tariffs impacted India's renewable energy sector in 2018
3 min read27 Nov 2018Popular 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