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NCRTC has signed a power purchase agreement for a 110 MW solar project to supply 60% of electricity for the Delhi-Meerut Namo Bharat corridor. The ?450 crore facility in Uttar Pradesh is expected to cut energy costs and reduce carbon emissions by 1.77 lakh tonnes annually. View More
The company will supply G12R modules designed to deliver high energy generation, enhanced efficiency and consistent long-term performance View More
The solar project is part of a 400 MW wind-solar hybrid renewable energy project, integrated with BESS and connected to the State grid View More
Latest modeling shows high risks of floods, drought and extreme heat persisting until February 2027. View More
watch nowVIDEO4:4904:49El Niño causes widespread economic fallout as it hits food and energy suppliesSquawk Box Asia The El Niño climate event is intensifying into a "supersized" phenomenon that will persist until February 2027, raising the risk of floods, droughts and extreme heat in many countries, the United Nations warned on Thursday.It "has the potential to deliver a massive blow to communities and economies across the world," Celeste Saulo, secretary general of the U.N.'s World Meteorological Organization, said."We are already seeing disruption and devastation from droughts and floods and we expect these impacts to increase as El Niño intensifies," Saulo added. Countries in Asia-Pacific and Latin America are set to bear the brunt of the immediate impact, but the entire world is set to feel the impact in commodities from corn, cocoa and coffee to energy. Boats as Lake Guija experiences low water levels due to drought conditions in Metapan, El Salvador, on Tuesday, Sept. 1, 2026. El Salvador declared a state of emergency on Aug. 25 due to El Nino-linked drought conditions affecting communities nationally. Bloomberg | Bloomberg | Getty Images Guatemala, Honduras and El Salvador are experiencing erratic weather conditions and drought, linked in an August report by Oxfam to El Niño, that have led to severe crop losses, as Indonesia battles devastating wildfires. A weaker monsoon season in India is expected to impact the growth of rice, sugar, cotton, soybean and more, while officials in Peru say fishing of anchovy â commonly used in livestock feed â has faced a "devastating blow." Extreme weather is expected to have unpredictable effects on energy generation and demand, with potential disruption to hydropower, wind and solar output, oil and gas production and refining operations, as well as mining. UN Secretary General António Guterres said on Thursday that El Niño was being "supersized before our eyes." "The world is in the danger zone of extreme weather. The race now is between rising risks and our commitment to take climate action and protect people. We must win that race." 'Perfect storm' brews for global food supply this winter as grain prices soar An El Niño event occurs when sea temperatures in the tropical eastern Pacific rise 0.5 degrees Celsius above the long-term average. Sea surface temperatures were more than 2 degrees Celsius above normal in July and ranged between 2.2 and 2.6 degrees Celsius above normal in the period from late July to mid-August, according to the WMO's latest research. Below the surface shows "even more exceptional warmth," the WMO said, with subsurface ocean temperatures more than 8 degrees Celsius above average during July and early August.El Niño, meaning "little boy" in Spanish, is a naturally occurring climate pattern that oscillates with La Niña, or "little girl," every two to seven years. watch nowVIDEO7:2607:26Rabobank on the impact of El Niño on soft commoditiesSquawk Box Europe Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Delhi government's revised Solar Policy offers free 3kW rooftop solar systems to 2.3 lakh households consuming up to 400 units monthly by March 2027, with ?78,000 capital subsidy, no upfront cost, five-year free maintenance and net metering reduced to 25 days. View More
Nomura has initiated coverage on Clean Max Enviro Energy Solutions with a ‘Buy’ rating and a target price of ?1,510, indicating over 20% upside potential. The company's strong tariff economics and capital-efficient model position it well for growth in renewable energy supply. View More
The Delhi-Meerut Namo Bharat corridor is set to receive power from a 110 MW captive solar plant, which is expected to fulfil nearly 60% of the corridor’s electricity needs. The National Capital Region Transport Corporation (NCRTC) has signed a power purchase agreement with NIRL NCRTC Renewables Limited (NNRL) for the project. View More
The Delhi-Meerut Namo Bharat corridor is set to receive power from a 110 MW captive solar plant, which is expected to fulfil nearly 60% of the corridor’s electricity needs. The National Capital Region Transport Corporation (NCRTC) has signed a power purchase agreement with NIRL NCRTC Renewables Limited (NNRL) for the project. View More