India

Oil Price

Oil Prices up in Thin Pre-christmas Trade

Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the …

India

Oil India to Launch Subsidiary for Green Energy Ventures

Oil India Ltd. (OIL) has announced plans to establish a wholly-owned subsidiary, OIL Green Energy, to oversee its green and alternative energy ventures. The sta…

Solar project

SECI Allocates 600 MW Solar in India at $0.036/kWh

Solar Energy Corp. of India (SECI) has allocated 600 MW of solar at $0.036/kWh in its 1 GW solar tender, with Acme Solar, Adani Renewable Energy, and ReNew emer…

Tender/bid

Bharat Petroleum Wins 150 MW of Solar in NTPC Auction With INR 2.55/kWh Bid

India’s Bharat Petroleum has offer the lowest bid of INR 2.55 ($0.03)/kWh in NTPC’s new 1.2 GW solar auction, securing 150 MW of project capacity.Im…

Crude Oil

India to Overtake China in Crude Oil Consumption by 2024, 2025

Representation imageIndia is poised to overtake China as the leading source of growth in global crude oil consumption.In 2024 and 2025, India will account for o…

Switzerland

Gurit Updates Strategic Realignment for Wind Business

Gurit is strengthening its focus on Europe, North America, India, and the Asia-Pacific region (excluding China) in its wind market operations, exiting non-compe…

Green Hydrogen

Avaada Group Commits $12B to Transform Rajasthan Into a Global Renewable Energy Hub With Green Hydrogen and Ammonia Investments

Avaada Group, a leading name in the renewable energy sector, has announced an unprecedented investment of $12bn in Rajasthan, India, for accelerating green ener…

Solar project

Sterling and Wilson Wins $141 Million Deal for 500 MW Solar Project in India

Sterling and Wilson Renewable Energy has won an engineering, supply (excluding PV modules), and construction contract for a 500 MW (AC) solar PV plant in the In…

Solar Cell

Bifacial Perovskite Solar Can Achieve Bifaciality of 90% When Tilted at 20 Degrees

New research from India has shown that bifacial perovskite solar cells can achieve a 2% higher power conversion efficiency with a tilt angle of 20 degrees. The …

Crude Oil

Venezuela Sends Crude to India in New Deal

A high-seas oil tango is back on between Venezuela's state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by …

China

India to Surpass China as Leading Contributor to Global Oil Consumption Growth in 2024, 2025

India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which consistently led global oil consumption growt…

Solar Module

Waaree Starts Solar Module Production at Its USA Facility

Waaree Solar Americas has started trial production of PV modules at its facility in Texas. The facility is set to fully commission its Phase-1 manufacturing cap…

Solar Cell

Indian Solar Cells Costs More Than Chinese Imports, Says Crisil

India’s domestically manufactured solar cells cost 1.5 to two times more than Chinese imports, even after customs duties, says CRISIL Market Intelligence …

Oil&Gas Drilling

Transocean Drillship Gets $111 Million to Stay Longer at Drilling Gig Offshore India

Switzerland-based offshore drilling contractor Transocean has secured a multi-well contract extension for one of its drillships off the coast of India.Reliance …

Energy Storage Project

India to Mandate Energy Storage for Photovoltaic, Wind Power Projects

India’s Ministry of New and Renewable Energy (MNRE) may soon introduce new policies which will mandate the inclusion of battery storage in new solar and wind p…