The acquisition comes amid projections of 8-10 per cent CAGR for India’s transformer market, driven by rising demand from emerging sectors such as green hydrogen, EV charging infrastructure, data centres, 5G rollout and railway electrification. Waaree Energies Ltd, India’s largest solar module manufacturer, has acquired a 64 per cent equity stake in Kotsons Pvt. Ltd...
Tag: Green hydrogen
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WABAG Wins $5.6 Million Water Management Contract for RenewSys Solar Cell Facility in Hyderabad
Valued at approximately ₹465 million, the order positions the company to capitalise on future opportunities in solar, green hydrogen, semiconductor, and other emerging industrial applications. Chennai-based VA TECH WABAG, the world’s third-largest water management company, has secured a significant order from RenewSys India to deliver advanced water treatment solutions for its 2 GW solar cell...
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Invest in IREDA Bonds to Support India’s Green Energy Transition and Save Tax
Bonds issued by the Indian Renewable Energy Development Agency (IREDA) on or after 9 July 2025, and redeemable after five years, will now qualify for capital gains tax exemption under Section 54EC of the Income Tax Act, 1961, according to a government notification. The Indian Renewable Energy Development Agency (IREDA) has secured a significant policy...
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India Calls for Inclusive Energy Governance at BRICS Meet
Inviting BRICS nations to participate in the 2026 BRICS Energy Gathering in India, Manohar Lal Khattar, Union Minister for Power, highlighted energy security as one of the most pressing global challenges. Speaking at the BRICS Energy Ministers’ Meeting in Brasília on May 19, he emphasised the need to strengthen BRICS cooperation to ensure economic stability,...
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REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025. Under this agreement,...
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Government to fund green energy conversion of state-run refineries
It plans to produce 30.8 kilo tonnes of green hydrogen annually by 2030
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ReNew signs five PPAs to supply 1,500 MW power from solar plants
Corporate buyers sign long-term PPAs for 0.5 GW of clean energy
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India eyes offshore wind power to become carbon-neutral by 2070
India raises NDC goal of non-fossil fuel capacity of 500 MW by 2030
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