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RENEWABLE ENERGY CAPACITY
Cabinet nod sought to extend power fund for 5 yearsThe power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund suppo...
India wastes 1.8 billion units of renewable power amid shortages and dwindling coal stocks: ReportIn July and August, India faced significant curtailment of renewable electricity despite rising power demand. Nearly 1.8 billion units of e...
Suzlon Energy shares drop 30% in a year, but Motilal Oswal screams Buy. Here's why it sees 73% upsideSuzlon Energy shares have declined nearly 30% in a year, but Motilal Oswal retains a Buy rating with a target price of Rs 65, implying 73% ...
India's battery energy storage sector set for 91% growth to 302GWh by FY32E: NuvamaIndia's Battery Energy Storage System (BESS) sector is projected to register a compound annual growth rate (CAGR) of 91 per cent between FY...
India's power transmission expansion, data centre demand to drive capital goods growth: ReportIndia's power transmission network is expanding, which is expected to create growth opportunities within the engineering sector. The integr...
Thermax scouts for a partner to charge up its green energy unitThermax has set its sights on attracting external investors to its renewable energy subsidiary, First Energy. By contemplating a major stak...
Google, Amazon, Meta, Apple fuel India's renewable energy boom as data centre demand surgesMajor technology companies like Google, Amazon, Meta, and Apple are increasingly purchasing renewable energy in India. Their expanding data...
Asia races to stockpile oil, speed up renewables in response to Iran warAmid the uncertainties triggered by the Iran war, Asian countries are stepping up their oil storage frameworks. The Philippines is on a mis...
India's wind energy additions projected to touch 8 GW in FY26-27; Scale progressively to 13.2 GW by FY30-31India's wind energy sector is poised for significant expansion, with annual installations projected to reach 13.2 GW by FY30-31. The curren...
Govt working to re-power around 25 GW of old wind projects: JoshiUnion Minister Pralhad Joshi announced plans to re-power approximately 25 GW of aging wind energy projects. These projects are nearing thei...
Sumitomo buys 49% in Hero Future Energies unit for Rs 375 croreJapan's Sumitomo Corporation has made a strategic investment by acquiring a 49% interest in a Hero Future Energies subsidiary for ₹375 cror...
SunBridge BioEnergy starts commercial production at Rs 350 crore ethanol plantSunBridge BioEnergy Ltd has started commercial production of fuel-grade ethanol at its Seoni facility. This facility, with an investment of...
Tata Power Renewables adds 88,397 rooftop solar installations in Jul-Sep quarterTata Power Solaroof has announced impressive growth in rooftop solar panel installations during the July to September quarter, registering ...
India’s wind industry must move beyond turbines to integrated power solutions: GWECIndia's wind energy companies are encouraged to offer integrated solutions that include wind, solar, and battery storage. This shift is cru...
Sumitomo Corp picks up 49% stake in Hero group unitSumitomo Corporation has acquired a 49% stake in a Hero Future Energies project vehicle that will develop a 500 MW wind-solar-battery proje...
UltraTech commissions 116.55-MW wind project; 1st Indian co to hit 2 GW captive green power capacityUltraTech has become the first Indian company to cross 2 GW of captive green power capacity with a recent commissioning of a 116.55-MW wind...
UN climate chief hails India's Green Energy Corridor-III, says grid strengthening will deliver "big dividends"India’s Rs 1.86 lakh crore Green Energy Corridor Phase-III has won backing from the UN’s top climate official, who said stronger grids and ...
Inox Clean Energy IPO papers kept in abeyance by SebiThe Securities and Exchange Board of India has temporarily suspended the draft offer documents for Inox Clean Energy's upcoming initial pub...
Cabinet clears Rs 1.86 lakh crore Green Energy Corridor-III to evacuate 135 GW renewable powerThe Union Cabinet on Wednesday approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III scheme to build transmission infrastructure ...
Actis launches fourth India renewable platform Leo Energies, targets 3 GW-plus portfolioActis has launched Leo Energies as its fourth renewable energy platform, targeting over 3 GW of capacity. The company plans to acquire abou...