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92 GWH ENERGY STORAGE CAPACITY
Torrent Power's Q2 net profit rises 13% YoY to Rs 838 croreIn a strong financial report, Torrent Power recorded a 13% increase in net profit, totaling ₹838 crore for the latest September quarter. Re...
Investors commit nearly $400 billion to India's green energy sector, says Pralhad JoshiInvestors have shown significant interest in committing nearly $400 billion to India's green energy initiatives. Renewable energy minister ...
Battery component makers may get up to 50% capital subsidyThe ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Propose...
Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore supportThe Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative sup...
Indian battery component makers face up to 61% cost disadvantage against imports: ReportIndian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report...
Cabinet approves ₹14,500-crore scheme to add 92 GWh energy storage capacityThe Union Cabinet has approved a significant ₹14,500-crore scheme aimed at developing new energy storage capacity. This funding will suppor...
Essar Power to invest Rs 4,500 crore in 300 MW renewable energy project in Andhra PradeshEssar Power is planning a significant investment in a 300 MW Firm and Dispatchable Renewable Energy project. The project aims to combine so...
Advait Energy Transitions Q2 profit jumps 89% to Rs 19.18 crore; revenue rises 41%Advait Energy Transitions has reported an 88.5 percent increase in net profit for the quarter ending September 30, 2026. Revenue for this p...
India's 500 GW RE target hinges on LDES scale-up; FY28 viability gap funding key enabler: IESA reportWith a target of 500 GW of renewable energy capacity by 2030, India recognizes the urgent need for long-duration energy storage solutions. ...
Why is Adani betting $3.4 billion on global energy trade chaos?Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape ...
ACME Solar shares rally 5% after Q2 profit jumps over 100%, signs 400MV agreement with NTPCACME Solar shares rose 5% after its Q2 FY27 profit surged 133.5% to ₹269 crore and revenue climbed 67.5% to ₹1,007 crore. The rally was als...
Adani Green’s debt maths: Why leverage may fall below 4x as capex cycle maturesAdani Green Energy Limited is looking forward to a decrease in leverage as its upcoming projects start functioning and yield cash flow. Wit...
India climate-tech funding may reach USD 1.9 billion in 2026 as growth capital expands: ReportIndia's climate-tech and deep-tech sectors are expected to attract new investments by 2027 due to various factors. The report indicates tha...
Adani Green Energy shares fall 4% after Q2 results. What are Jefferies, JM Financial saying?Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore. Shares ...
Adani Green Q2 Results: Profit rises 15% YoY to Rs 673 crore; revenue jumps 39%Adani Green Energy reported a 15% year-on-year rise in consolidated net profit to Rs 673 crore in Q2, while revenue grew 39% to Rs 4,520 cr...
Non-lithium batteries set to cut India's 50% storage imports by 2035: NetraRecent surveys suggest that India's battery energy storage sector is transforming towards non-lithium technologies. These include sodium-io...
India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: ReportIndia's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in inv...