In today's dynamic world, the boom in clean energy investment has generated a wealth of opportunities for astute investors. Taking advantage of current trends such as recovering supply chains and the Inflation Reduction Act (IRA) necessitates a planned strategy.
At the G20 Virtual Leaders' Summit, Indian Prime Minister Narendra Modi highlighted India's critical role in the global green energy transition.
The Indian Renewable Energy Development Agency (IREDA) has successfully raised Rs 643.26 crore from 58 anchor investors just days before its initial public offering (IPO) on November 21.
Tata Power Renewable Energy (TPREL) stated that it has surpassed the 1.4-gigatonne (GW) milestone in group captive projects over the last seven months. TPREL's dedication to sustainable practices is seen in the execution of Power Delivery Agreements (PDA) with varied industries.
China's Trina Solar is thinking about getting into the Green Hydrogen electrolyzer business in India. Meanwhile, Bharat Petroleum is aggressively exploring partnerships for offshore wind projects in Japan, as well as investing in hydrogen technology startups.
India is making incredible progress on its green energy journey, leapfrogging its Paris Agreement targets by nine years. The country is determined to generate 40% of its power from non-fossil fuel sources by 2030.
Shell and BP are launching an initiative that will combine solar energy and agricultural produce in a strategic move towards sustainability.
China has launched a revolutionary renewable energy plant in the Tengger Desert, a big step towards cleaner practices.
Amazon has surpassed the 1.1 gigatonnes of renewable energy capacity in India, a huge environmental milestone.
In an attempt to escalate towards the net-zero target, India has launched its first green hydrogen fuel cell bus. This is a significant step towards sustainable transportation in India, and it has the potential to revolutionize the way we commute.