Industry Insights

NTPC aims for 5GW capacity addition in FY’25

This commentary was first published by The Economic Times. State-owned power giant NTPC on Monday said it is eying 5 GW power generation capacity addition in the financial year 2024-25. NTPC aims to add 3 gigawatt (GW) of renewable energy (RE) capacity, exemplifying its steadfast dedication to environmental stewardship, a company statement said.   Simultaneously, the […]

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Transportation

Prices can’t dampen EV sales as it steps on leasing pedal

This commentary was first published by The Economic Times. Leasing is adding to the momentum in electric vehicle sales, even as vehicle price remains a dampener in EV adoption, industry executives and experts said.   The EV leasing business has grown substantially over the past 8-12 months, they said. With the base still remaining low, this […]

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Power

India can have a $78 billion green hydrogen electrolyzer market by 2050: Report

This commentary was first published by The Economic Times. India’s potential in green hydrogen electrolyzers is forecasted to surge to $78 billion by 2050, a significant increase from $4 billion in 2030, according to the latest report titled ‘Green Hydrogen for Decarbonizing Asia’s Industrial Giants’ by the Asia Society Policy Institute.   The report examines the […]

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Power

Tough new EPA rules would force coal-fired power plants to capture emissions or shut down

This commentary was first published by The Economic Times. WASHINGTON (AP) — Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued Thursday by the Environmental Protection Agency.   New limits on greenhouse gas emissions from fossil fuel-fired electric plants are the Biden administration’s most ambitious effort yet to […]

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Power

Adani begins commercial output of wafers, ingots for solar power

This commentary was first published by The Economic Times. Adani Group has begun commercial production of wafer and ingots used for making solar power cells and modules at its factory in Gujarat and aims to make polysilicon in 2027/28 to become India’s first integrated renewable energy player, a senior company official said.   The Adani Group, […]

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Power

Adani to invest Rs 2.3 lakh crore in renewable energy, manufacturing capacity

This commentary was first published by The Economic Times. Ahmedabad (Gujarat), Adani Group will invest about Rs 2.3 lakh crore through 2030 in India’s most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India’s […]

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Building

Developers step up focus on green buildings

This commentary was first published by The Economic Times. NEW DELHI: Developers are increasingly focusing on coming up with net zero energy buildings in cities across the country as the extreme water crisis Bengaluru residents are facing serves as a strong argument for green buildings.   According to Xynteo’s Build Ahead, a business-led initiative focused on […]

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Industry

Panasonic to form JV with Indian Oil to manufacture cylindrical lithium-ion batteries in India

This commentary was first published by The Economic Times. New Delhi: Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation’s biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has signed a binding term sheet and initiated discussions with […]

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Power

India can easily surpass 500 GW RE target before 2030: Official

This commentary was first published by The Economic Times. India can easily surpass the 500 GW renewable energy target before 2030, a senior official said on Wednesday. Ministry of New and Renewable Energy (MNRE) Additional Secretary Sudeep Jain said that India has the 4th largest installed capacity for renewable energy.   “500 GW we will easily […]

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Power

Luminous Power Technologies inaugurates solar panel manufacturing factory in Uttarakhand.

This commentary was first published by The Economic Times. According to the statement, the inauguration event was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish Pant, Chairman of Luminous Board & Executive VP – International Operations, Schneider Electric. Energy solutions provider Luminous […]

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