Waaree Energies IPO Rides Stock Rally

India Requires Rs 32 Lakh Cr Renewable Investment

India will need a staggering ?32 lakh crore investment in renewable energy by 2030 to meet its ambitious clean energy and climate targets, according to the Indian Renewable Energy Development Agency (IREDA) CMD. This massive financial commitment is essential to scale up the country's renewable energy capacity, which includes solar, wind, and other clean technologies, as it aims for a significant energy transition to reduce carbon emissions and achieve sustainability. The country’s renewable energy journey is critical not only for achieving domestic energy security but also for establishing ..

Energy Vault, Enervest to Develop $350M Project

Energy Vault and Enervest are partnering to develop a large-scale energy storage project in Australia valued at $350 million. This project aims to bolster Australia's renewable energy infrastructure by providing reliable and scalable storage solutions. As the demand for sustainable energy grows globally, effective energy storage systems have become critical for ensuring grid stability and meeting energy requirements. Energy Vault, known for its innovative gravity-based energy storage technology, along with Enervest, plans to deploy advanced storage solutions that will allow for better integra..

BRS Opposes Power Tariff Hike

The Bharat Rashtra Samithi (BRS) has voiced strong opposition to the proposed power tariff hike in Telangana, sparking a debate over rising electricity costs in the state. The proposal, put forward by power distribution companies, aims to increase the tariff rates to cope with the rising operational costs, fuel price hikes, and financial challenges faced by the power sector. However, the BRS has rejected the move, arguing that it would place an undue burden on consumers, especially households and small businesses, already grappling with inflation and economic pressures. Telangana has seen rap..