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SOLAR AND WIND CAPACITY
In 1956, solar power was priced at about $1,865 per watt and survived largely because spacecraft needed lightweight power. Decades later, prices fell below 50 cents per watt and solar became the cheapest new electricitySolar power once cost a staggering $1,865 per watt in inflation-adjusted terms. Today, solar panels can cost only a fraction of a dollar pe...
Could Germany run some of its coal-fired power plants longer?Germany delayed an interim report on its lignite power exit, raising market expectations. This delay allows for assessing gas plant tenders...
Scientists uncover an impossible giant 'Red Dot' in deep space—and what's inside is terrifyingAstronomers found an unusual object, MoM-BH*-1, in the early cosmos. This object is believed to be the universe's first identified 'black h...
India fuels global growth in planned coal mining capacity, report saysIndia nearly doubled its planned coal mining capacity in 2025 to 638 million metric tons per annum, driving almost all of the global increa...
RPSG’s Purvah Green Power to acquire Renew Solar Power's 1.4 GW solar portfolio for Rs 4,859 crorePurvah Green Power will acquire a 1.4 GWp solar portfolio for Rs 4,859 crore. This acquisition will increase Purvah's contracted renewable ...
Sanjiv Goenka-led RPSG arm to acquire 1.4 GW solar projects from ReNew for Rs 4,859 croreIn a move that signifies a major leap towards sustainability, CESE Ltd, under the RP-Sanjiv Goenka Group, is acquiring six solar projects, ...
MNRE mulls incentive scheme to boost polysilicon manufacturingIndia is on a path to significantly increase its renewable energy capabilities, targeting 500 GW by 2030. With government incentives foster...
Solar powers non-fossil capacity past 300 GWIndia’s non-fossil power capacity has crossed 300 GW, reaching 60% of its 500-GW target for 2030. Solar leads with 164.59 GW, while non-fos...
India achieves 300 GW renewable energy capacity, 60% of 500 GW target by 2030India has achieved over 300 GW of non-fossil fuel power capacity. This milestone represents more than sixty percent of the nation's 2030 go...
India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: GovtSince 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in ...
India eyes record 20 GW distributed renewable capacity this fiscalIndia anticipates its highest distributed renewable energy capacity this fiscal year. Schemes like PM Surya Ghar and PM Kisan Urja are expe...
Macquarie in advanced talks to buy Fourth Partner EnergyMacquarie Asset Management is close to finalizing a major acquisition of a substantial stake in Fourth Partner Energy, a prominent renewabl...
Renewable energy developers seek GST cut on battery storage systems to 5%Developers want a five percent goods and services tax on battery storage systems. This change would support faster deployment of renewable ...
Avaada Group secures $1.3 billion financial closure for 2,150 MW projectsAvaada Group achieved financial closure for its renewable energy portfolio worth USD 1.3 billion for projects in Gujarat and Maharashtra. T...
Can Juniper Green Energy IPO deliver long-term growth for high risk investors?Juniper Green Energy plans a ₹1,800 crore IPO to reduce its debt burden. The company is aggressively expanding its renewable energy capacit...
Tata Power begins work on Rs 5,750 crore renewable energy project in Andhra PradeshThe project comprises 400 MW of wind power capacity (at Kanekallu, Ananthapuram) and 400 MW solar power capacity (at Pattikonda, Kurnool). ...
Brookfield launches renewable energy platform Lumara, to deploy $600 mn in IndiaBrookfield has introduced Lumara, a new renewable energy platform aimed at transforming India's energy landscape. With an investment of abo...