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Tata Power on Thursday said that its arm Tata Power Renewable Energy will invest Rs 6,500 crore in a photovoltaic ingot and wafer manufacturing facility of up to 10 GW capacity. The production of ingot and wafer will support the company's backward integration, the company said in an exchange filing. The Board of Directors of Tata Power Renewable Energy Limited (TPREL), a subsidiary of the company, approved the proposal to adopt a new line of business, photovoltaic (PV) ingot and wafer manufacturing. The proposed new line of business falls under upstream solar photovoltaic (PV) manufacturing, specifically PV Ingot and wafer manufacturing. This segment represents a critical part of the solar value chain, supplying key inputs for downstream cell and module manufacturing. The foray into ingot and wafer manufacturing supports backward integration, reduces dependence on imports (currently dominated by China), and positions the company to benefit from India's policy-driven push towards ...
Union Minister Pralhad Joshi on Wednesday said that nearly one-third of the record peak demand of over 256 GW earlier this month was met through renewable energy like solar, wind and hydro. The peak power demand touched a record high of 256.11 GW on Saturday, April 25, 2026, according to Power Ministry data. Speaking at the Resilient Futures Summit organised by Economist Enterprise, Joshi, the new and renewable energy minister, said that one-third of the peak power generation on 25th April was successfully met through renewable energy. That itself showcases that India is capable of generating and India is capable of handling peak power demand through renewable energy, he pointed out. The minister highlighted that India is investing in grid modernisation, digitisation, and also using AI and digital twins. "I think in the coming days...the generation capacity will also increase," he said. The minister also said that the government is making efforts to translate installed capacity
Record growth in solar, especially in China and India, was a driving factor for clean energy sources surpassing the world's strong demand for electricity in 2025, according to a new global power analysis. Clean power generation grew 887 terawatt hours last year, exceeding overall global electricity demand growth of 849 terawatt hours, according to a report by energy think tank Ember, released after midnight Tuesday London time. Ember analyzes electricity data from 215 countries, and studied 2025 data for 91 countries, which the firm says represents 93% of global demand. Overall, the share of renewables - including solar, wind, hydropower and other clean energies - hit more than one-third of the world's electricity mix for the first time in modern history last year, growing 33.8% to 10,730 terawatt hours. It's promising news for a world embattled by climate change that's driven by the burning of fossil fuels such as coal, oil and gas to meet growing needs from economic growth, risin