Govt approves three pilot projects in steel production under National Green Hydrogen Mission
These green hydrogen projects will receive a total of INR 347 crore from the government of India. The projects are likely to be commissioned in the next three years.
Azure Power secures REC and HSBC refinancing, completes early bond prepayment
With this, more than $ 500 million of debt has been refinanced in the current financial year
Global corporate funding in solar sector down 23% so far this year
Total corporate funding in the solar industry reached $22.3 billion in the first nine months of 2024, down 23% year on year. Mercom Capital Group says global uncertainties are affecting investor confidence, but an increase in debt financing and resilience in newly announced large-scale project funding are bright spots for the sector.
Adani Enterprises raises $500 million primary equity to further its growth plans
The qualified institutional placement (QIP) of Adani Enterprises Ltd was oversubscribed 4.2 times with participation from international and domestic investors.
Leaders from 120 member countries to attend Seventh Session of International Solar Alliance Assembly in New Delhi
The Seventh Session of the International Solar Alliance (ISA) Assembly, to be held in New Delhi from Nov. 3-6, will deliberate on ISA initiatives to improve energy access, security and transition among its member countries.
Waaree Energies IPO to open for subscription on Oct. 21
Waaree Energies intends to utilise INR 27,750 million from the net proceeds to part finance the cost of setting up a 6 GW wafer-to-PV module capacity in Odisha under production-linked incentive (PLI) Scheme. The balance will go towards general corporate purposes.
GEAPP, NITI Aayog partner to advance sustainable development
Global Energy Alliance for People and Planet (GEAPP) and NITI Aayog have partnered to support Indian states in developing comprehensive energy transition plans, focusing on sustainable policies, innovative business models, and the adoption of clean energy solutions.
Will COP29 push the world toward real climate action?
As the world looks to COP29, the stakes have never been higher. Climate finance, energy transitions, biodiversity, adaptation, and carbon markets—each of these issues represents a critical piece of the puzzle in the fight against climate change. Azerbaijan, as host, faces the daunting challenge of balancing competing interests while pushing for ambitious global action.
Capri Global Capital enters rooftop solar finance
The non-banking finance company’s rooftop solar finance product, Capri Solar Finance, targets a loan book size of INR 1,000 crore in the coming years.
PM Surya Ghar Yojana: A game changer for residential rooftop solar uptake in India
Pradhan Mantri Surya Ghar Yojana has attracted 13 million registrations and 1.8 million applications in first six months of its launch, leading to about 1.8 GW of new residential rooftop solar installation.
