Tag: Renewable energy
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
MNRE Reaffirms Commitment to Solar Manufacturing
India’s renewable energy transition continues to accelerate, with the Ministry of New & Renewable Energy (MNRE) reiterating its commitment to expanding domestic solar manufacturing...
NTT Invests ₹2,400 Crore in New Bengaluru Data Center Campus
NTT Data Group has announced a significant expansion of its India data center footprint with a ₹2,400 crore (US$288 million) investment in a new...
Firmus Raises A$500 Million to Expand Project Southgate AI Infrastructure
Australian AI infrastructure company Firmus has secured A$500 million (US$325 million) in fresh funding to accelerate the development of Project Southgate, its large-scale data...
UBS: 40% Surge in Energy Storage Demand Driven by AI Data Centres
The surge in electricity demand from AI-powered data centres is expected to trigger a five-year boom cycle for global energy storage, according to a...
KPMG Report Finds 97% of Global Executives See AI Driving Climate Progress
As global leaders gather for COP30 in Brazil, a new KPMG International survey finds overwhelming support for artificial intelligence (AI) as a driver —...
NTT DATA Warns AI Growth Is Unsustainable Without Green Shift
A new white paper from NTT DATA, titled “Sustainable AI for a Greener Tomorrow,” warns that artificial intelligence’s rapid expansion is placing unprecedented strain...
IREDA Q2 Profit Rises 41% Amid Clean Energy Push
India’s renewable energy sector continues to gain remarkable traction, as the Indian Renewable Energy Development Agency (IREDA) reported exceptional financial performance in Q2 FY26,...
Google Subsidiary Plans ₹87,250 Cr AI Data Center in Vizag
In a major escalation of its India infrastructure ambitions, Raiden Infotech India Pvt. Ltd., a subsidiary of Google, has submitted a proposal to establish...
Madhya Pradesh Pushes Green Energy Shift
Madhya Pradesh has set an ambitious goal to generate 50% of its total power consumption from renewable energy sources. The announcement was made by...
Google to Invest ₹52K Cr in Vizag Data Centre
Tech giant Google is preparing to make its largest infrastructure investment in India yet, with plans to build a 1 gigawatt (GW) data centre...
India Nears 500 GW Clean Energy Goal
India’s installed power capacity has crossed the 476 GW mark, with nearly half of it—49%—now sourced from non-fossil fuels. According to the latest government...
India Adds 34 GW Power, Expands Battery Storage
India successfully met a peak power demand of 241 gigawatts (GW) on 9th June 2025 without any shortage, marking a milestone in the country’s...
