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Apollo Green Energy targets Rs 100 billion in renewables
Kolkata Metro’s Orange Line Phase II deadline moved to March 2025
The completion date for the Orange Line's Phase II extension, stretching from Ruby to Sector V, has been shifted to March 2025. Rail Vikas Nigam Ltd. (RVNL), the agency overseeing the project, initially aimed for a December 2024 deadline but cited a delay in bridging an 800-meter viaduct gap at Chingrighata as the reason for the revised schedule. Work to bridge an additional 125-meter gap at Metropolitan is ongoing. Despite land challenges at locations such as Tagore Park, Chingrighata, and Nicco Park, the corridor received safety approval from the Commission of Railway Safety (CRS) for opera..
Solar efficiency, cost cuts vital for energy transition: Pralhad Joshi
Union Minister for New and Renewable Energy, Pralhad Joshi, emphasised the global focus on advancing solar technology to achieve significant cost reductions and efficiency gains during a conference on clean energy transition. As President of the International Solar Alliance (ISA), he remarked, “The world is united in the energy transition, harnessing global efforts.” Joshi highlighted the need for more efficient solar technology, stating, “Traditional solar panels typically convert only 15-20% of sunlight to electricity, but innovations like bifacial panels and solar paint are increasin..
Domestic solar manufacturers fuel IPO boom for expansion
Domestic solar manufacturers are launching a series of IPOs to support expansion plans, aiming to capitalise on favourable market conditions. Industry experts, however, predict this trend could eventually lead to consolidation, where only the largest manufacturers with robust capital-raising capabilities will remain competitive. Jyoti Gulia, CEO of cleantech consultancy JMK Research, observed that primarily large-scale solar PV manufacturers are pursuing IPOs to fund expansions and invest in advanced technology, driven by the optimistic outlook for renewable energy stocks. Following the Appr..
