Jaipur, May 6 (IANS) Rajasthan continues to position itself as an attractive investment destination, driven by policy reforms, green energy initiatives and tourism development, Chief Secretary V. Srinivas said on Wednesday.He was addressing a meeting at the Secretariat with India’s Ambassador to Japan, Nagma Mohamed Mallick.Discussions during the meeting focused on enhancing the ease of doing business in Rajasthan, strengthening the availability of skilled human resources and expanding opportu…
Latest Renewable Energy News & Updates
Bhopal, May 5 (IANS) The Madhya Pradesh government on Tuesday unveiled a pioneering initiative to boost renewable energy and citizen participation by offering an assured eight per cent return on green bonds issued against a newly inaugurated solar power plant in Jalood village of Khargone district, officials said. The project marks a significant step in the state’s renewable energy journey, combining innovation with community involvement. After a Cabinet meeting, State MSMEs Minister, Chetanya K…
New Delhi, May 3 (IANS) Amid rising global concerns over oil price volatility and the ongoing Middle East conflict, Morgan Stanley has struck an optimistic note on India, identifying the turbulence as a catalyst for long-term investment growth. In its latest report, the global brokerage has upgraded its outlook for India’s investment cycle, projecting the investment-to-GDP ratio to climb to 37.5 per cent by FY30, up from its earlier estimate of 36.5 per cent.This upward revision translates int…
New Delhi, May 3 (IANS) The Ministry of New and Renewable Energy (MNRE) organised the ‘Run for Sun’ Marathon on Sunday, on the occasion of International Sun Day, as a tribute to the ‘Saur Shakti’ lighting the world.The event celebrated over 1,50,000 MW of solar energy installed capacity and the transformative progress under the PM Surya Ghar: Muft Bijli Yojana (PM-SGMBY), under which 30 lakh solar rooftop installations have been completed, with the highest single-month number — 2.7 lakh of …
New Delhi, May 2 (IANS) India’s data centre capacity is set to surge nearly six‑fold from 1.8 GW to about 10.5 GW by FY2031 as demand rises due to artificial intelligence adoption and data localisation policies, a new report has said.The report from investment bank Morgan Stanley said AI workloads alone could account for roughly 6.8 GW of the projected capacity and that rising demand for low‑latency processing, tighter localisation norms and increasing compute intensity are another major d…
Islamabad, April 29 (IANS) The implementation of some regulatory needs for small-scale solar systems, followed by a decision rollback, showcases lack of coherent vision in Pakistan for transition to renewable energy, a report has stated. “The rollback of licensing requirements and fees for solar generation capacity of 25kW or below exposes an uncertain policymaking process that, rather than following a long-term framework, reacted first to cost pressures as consumers shifted away from the grid, …
Ahmedabad, April 29 (IANS) Adani Power Limited (APL), a part of Adani portfolio of companies, on Wednesday reported a sharp 64 per cent year-on-year (YoY) surge in its consolidated net profit to Rs 4,271 crore for the fourth quarter ended March 31 (Q4 FY26), driven by improved operational efficiency and lower tax outgo despite a volatile power demand environment.The company’s revenue for the quarter rose 10 per cent to Rs 15,989 crore, while EBITDA grew a robust 27 per cent to Rs 6,498 crore, …
New Delhi, April 29 (IANS) Commerce and Industry Minister Piyush Goyal said on Wednesday that India is among the globally best performing countries in climate action and having already achieved its renewable energy target eight years ahead of schedule, the country is now aiming for a 500 GW clean energy capacity by 2030.In his keynote address at the ‘Advancing Resilience with Climate Change’ dialogue here, the minister highlighted India’s strong performance in achieving Intended Nationally…
New Delhi, April 29 (IANS) India is rapidly advancing its clean energy transition, with a target of achieving 500 gigawatts (GW) of installed power capacity by 2030, Union Minister Pralhad Joshi said on Wednesday.Speaking to media on the sidelines of the ‘Resilient Futures Summit 2026’ in the national capital, Joshi highlighted that under the leadership of Prime Minister Narendra Modi, the country has made significant strides in the renewable energy sector.“India has already achieved its g…
New Delhi, April 29 (IANS) Prominent renewable energy firm Adani Green Energy is aligning all its capacity expansion plans with its target of achieving 50 GW of renewable energy capacity by 2030, Executive Director Sagar Adani said on Wednesday.Speaking to the media on the sidelines of the ‘Resilient Futures Summit 2026’, he said every incremental addition to capacity is being planned in line with this long-term goal.The Executive Director of the company highlighted that Adani Group Chairman Gau…