More than 1.2 million households together earned ₹4.21 billion through the sale of surplus power in FY2024‑25, translating to an extra income of around ₹3,500 per year per household. The PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world’s largest domestic rooftop solar programme, has crossed a landmark milestone with more than five million households...
Tag: Clean energy
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India Approves ₹50.7 Billion Scheme for Floating Solar Projects with Energy Storage
Union Minister Pralhad Venkatesh Joshi said the initiative would usher in a new era of clean energy by tapping the vast potential of India’s reservoirs and water bodies. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Pradhan Mantri Surya Sarovar Yojana (PM‑SSY), a ₹50.7 billion scheme to develop floating solar photovoltaic (FSPV) projects integrated with...
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Tata Power Renewables Breaks Ground on 800 MW Hybrid Project in Andhra Pradesh
The project will generate annual lease income and create around 4,000 jobs across development, construction, and operations. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power and one of India’s leading clean energy companies, held the groundbreaking ceremony for its 800 MW renewable energy project in Kurnool, Andhra Pradesh, on Thursday. The project...
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Vedanta Uses 4 Billion Units of Clean Energy in FY2026, Cuts Emissions
Renewable energy use rose nearly 450 per cent from FY2020‑21 levels, while emissions intensity across metals and mining fell about 14 per cent. Vedanta Group said it generated and utilised nearly 4 billion units of clean energy in FY2025‑26, reaffirming its commitment to nature‑positive growth. The company marked World Nature Conservation Day on Tuesday by...
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MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
Under the agreement, both companies will explore opportunities in renewable energy generation and supply, combining their expertise to meet the evolving needs of C&I consumers. Mahanagar Gas Ltd (MGL), one of India’s leading City Gas Distribution (CGD) companies, and Fourth Partner Energy Pvt. Ltd. (FPEL), a leading renewable energy developer, have signed an MoU to...
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Centre Clears ₹7.97 Billion Green Hydrogen Jetty at Paradip Port
To ensure optimal utilisation during the sector’s early growth, the facility will accommodate other liquid cargo, broadening Paradip Port’s cargo mix. The Ministry of Ports, Shipping & Waterways has approved the development of a dedicated jetty with allied facilities for handling green hydrogen, ammonia and other liquid cargo at Paradip Port at an estimated cost...
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Clean Energy Transition: India’s Global Leadership
India’s clean power surge, policy strength and bold targets have turned global attention firmly toward its energy transition. India’s accelerating clean energy transition under the leadership of Prime Minister Narendra Modi is receiving widespread recognition from leaders, governments and multilateral institutions across the world, reflecting the country’s sustained expansion of renewable energy capacity and its...
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India Has Set Global Benchmark with Lowest Green Hydrogen Price: Joshi
The Union Minister for New and Renewable Energy noted that households generating their own electricity under the PM Surya Ghar Muft Bijli Yojana are set to cross the 3‑million mark this week. Union Minister for New and Renewable Energy, Pralhad Venkatesh Joshi, has said that India has set a new global benchmark in green hydrogen...
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Aerem Solutions Secures $15 Million to Drive Distributed Solar Adoption Across India
Led by SMBC Asia Rising Fund, the venture capital arm of Sumitomo Mitsui Banking Corp., the pre‑Series B round reinforces global investor confidence in India’s distributed solar story. Aerem Solutions, India’s leading full‑stack platform for distributed solar, has raised $15 million (₹1.36 billion) in a pre‑Series B round led by SMBC Asia Rising Fund, the...
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Transition to Bioenergy Requires Cohesive Effort Across Entire Value Chain: Naik
With MSMEs at the heart of India’s industrial output, he emphasised that their transition to renewable thermal energy is critical. Shripad Yesso Naik, Union Minister of State for New and Renewable Energy and Power, has emphasised that technology alone cannot drive India’s transition to bioenergy, calling for close collaboration across the entire value chain. This...