Reliance Industries awarded 10 GWh advanced chemistry battery capacity under PLI Scheme
India’s Ministry of Heavy Industries has signed a programme agreement with Reliance New Energy Battery Ltd for 10 GWh capacity under the production-linked incentives (PLI) Scheme for advanced chemistry cells.
Adani moves to allay fundraising fears
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
Borosil Renewables posts INR 8.64 crore net loss in Q3
The solar glass manufacturer said all of its major export markets are showing lower demand due to low level of local manufacturing as cheap modules imported from China dominate the installations.
India could cut industrial emissions by 65% by 2050 with policy interventions
WRI India projects that industrial emissions could be reduced by 65% in 2050 with policy-driven interventions compared to a reference scenario without additional policies.
PM Surya Ghar: Muft Bijli Yojana turns one
The PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, is reshaping India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027.
Juniper Green raises $1 billion in debt financing to expand its clean energy portfolio
Juniper Green Energy has secured $1 billion in phased debt financing to support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects.
Tata Power Renewable Energy partners Bank of Baroda for finance to residential solar customers under PM Surya Ghar Yojana
Tata Power Renewable Energy Ltd and Bank of Baroda have signed a Memorandum of Understanding to facilitate low-cost, hassle-free financing options for residential rooftop solar customers under the Pradhan Mantri Surya Ghar Yojana.
Welspun New Energy commits INR 13,500 crore for pumped storage, floating solar in Odisha
Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.
Solarium Green Energy IPO opens this week
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Union Budget 2025-26: India focuses on waste-to-wealth to secure lithium battery supply chain
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
