Nov 21, 2024
Hyundai Motor India to Establish Two Renewable Energy Plants in Tamil Nadu
Hyundai Motor India Ltd (HMIL) plans to set up two renewable energy plants in Tamil Nadu to achieve 100% renewable electricity for its manufacturing operations by 2025.
On November 21, 2024, HMIL announced a partnership with Fourth Partner Energy Ltd to develop two renewable energy facilities in Tamil Nadu, investing ₹38 crore in the project. This initiative aims to increase HMIL’s renewable energy usage from the current 63% to 100% by 2025, aligning with the company’s commitment to sustainability and reducing carbon emissions. Read more.
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Jun 5, 2025
Renewable Energy Investors Receive Mixed Signals In The U.S.
In early 2025, U.S. clean energy investments faced significant setbacks, with $8 billion in projects canceled amid policy uncertainties and shifting federal priorities.
U.S. Utility-Scale Solar Installations Drop 30% in Q1 2025 Amid Policy Uncertainty
In the first quarter of 2025, the U.S. installed 4.4 GW of utility-scale solar power, marking a 30% decrease from the previous year’s record, as policy uncertainties and market challenges impact the renewable energy sector.