Big push to renewable energy in Andhra Pradesh :
Government plans to roll out an integrated policy covering solar, wind and hybrid, energy storage, green hydrogen, and EV charging infrastructure with a view to promoting clean energy solutions and supporting national net-zero targets
In a significant move towards sustainable development of the State, the government is preparing an Integrated Renewable Energy Policy (IREP) covering solar, wind and hybrid, energy storage, green hydrogen and its derivatives, biofuels and electric vehicle charging infrastructure.
Brookfield proposes massive investment in renewable energy sector in Andhra :
Brookfield, a global owner and operator of real assets, has proposed to invest massively in Andhra Pradesh in the next three to five years in renewable energy, focusing on wind and solar formats. A delegation from the Canadian company met Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday in Amaravati and proposed to build the renewable energy projects, a state government official said.
Ruloans partners with UGRO Capital to foray into rooftop solar finance business :
The partnership with UGRO Capital is aimed at acquiring new customers and grabbing a larger slice of the solar finance pie in the backdrop of the Centre's increased fund allocation to solar energy projects such as PM Surya Ghar Yojana.
JK Tyre to invest Rs 1.32 cr to acquire 26% stake in solar energy venture :
JK Tyre & Industries is set to invest Rs 1.32 crore in acquiring a 26 per cent equity stake in Truere Galaxy Private Limited, a company focused on generating solar power. This strategic investment will involve purchasing 1.32 million equity shares at a face value of Rs 10 per share, the company said in an exchange filing on Wednesday.
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