Economic Times : Renewable Energy News

1. Envision 2025 kicks off at IIT Madras, focus on energy transition and climate innovation

   The three-day event, themed “Ground Zero for Net-Zero,” features expert sessions, panel discussions, technology showcases, and workshops with participation from industry leaders, academia, and government officials.

2. OPINION: What is driving sustainability reporting

   Growing pressure from stakeholders has catalysed the development of comprehensive sustainability reporting standards, enabling businesses to align with global expectations while addressing risks.

3. Tata Steel becomes India's first to develop hydrogen transport pipes

   The pipes, processed at Tata Steel's Khopoli plant using steel manufactured at its Kalinganagar plant, have successfully met all the critical properties required for hydrogen transportation, the company said in a statement.

4. Japan revises rules for offshore wind power auctions

   After a number of consultations since September to find ways to ensure the completion of offshore projects, Japan's industry and land ministries decided on changes including an electricity price adjustment scheme and a higher deposit requirement to cover delays.

5. Apraava Energy commissions 250.7 MW wind power project in Gujarat

   The project consists of 120 Suzlon wind turbine generators (WTGs) with a rated capacity of 2.1 MW each. With this addition, Apraava’s operational wind portfolio now stands at approximately 1,200 MW.

6. Jakson Green, Blueleaf Energy announce partnership with Rs 3,400 cr

   The companies are targeting over 5 GW of renewable capacity in India by 2030

7. HMPL announces foray into renewable energy sector with 1.2 GW solar project

   Once operational, the project is expected to generate approximately 2.10 TWh (terawatt-hours) of green power annually offsetting 0.945 million tonnes of carbon emissions.

8. China built out record amount of wind, solar power in 2024

   China is now positioned to lead the global energy transition, despite its current heavy reliance on coal.

9. Centre notifies revised quality control order to boost solar energy goals

   In a bid to boost India's ambitious renewable energy (RE) targets, the government on Wednesday notified a revised quality control order for solar photovoltaic (PV) products.

10. Odisha can generate 10 lakh green jobs, attract ₹3.5 lakh cr investment by 2030: Study

    The study, launched at the ‘Utkarsh Odisha - Make in Odisha Conclave’ in Bhubaneswar, estimates that these developments could add ₹2 lakh crore (~USD 24 billion) to Odisha’s GDP, increasing it by 23%.

11. PM-Surya Ghar surpasses 8.5 lakh installations, India targets 1,800 GW renewable energy by 2047

    "The government aims to achieve 500 GW of renewable energy capacity by 2030, with a long-term vision of 1,800 GW by 2047," Joshi said. "This initiative, along with ongoing policy support and financial backing, positions India as a global leader in the clean energy transition."

12. Avaada pledges Rs 20,700 cr investment for green projects in Odisha

    Avaada Group has signed a memorandum of understanding to invest Rs 20,700 crore in developing renewable energy projects in Odisha. This investment will fund 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects, and green energy equipment manufacturing.

13. ACME Solar Holdings Q3 net profit jumps two-and-a-half-fold to Rs 112 cr

    The company had a consolidated net profit of Rs 44 crore in the quarter ended on December 31, 2023, a company statement said.

14. PLI, ALMM expansion, and EV tax cuts: What industry expects from Budget 2025?

    With the government targeting 500 GW of non-fossil fuel energy by 2030 and aiming for Viksit Bharat 2047, stakeholders seek PLI scheme expansion, ALMM inclusion, GST rationalization, and enhanced R&D incentives.

15. India, Oman discuss energy cooperation, CEPA talks in final stages

    The meeting, held from January 27-28, 2025, reviewed bilateral economic relations, with a focus on renewable energy, technology, food security, and investments.