Renewable Energy

The renewable energy company plans to use the IPO proceeds to repay borrowings, fund subsidiaries and support general corporate purposes

The government says renewable energy potential rose to over 4.7 million MW in FY25, while total primary energy supply increased to 39,055 petajoules in 2024-25

India is projected to have 786 GW of non-fossil capacity by 2035-36, accounting for nearly 70 per cent of its total installed power generation capacity

Diversified group Eleven on Monday said it plans to invest over Rs 4,700 crore to build a proposed renewable-led electricity distribution network across Gurugram and Nuh districts of Haryana. The capital for the first phase is fully locked in, with the equity infused and the complete funding mix of equity and debt in place, a company statement said. Eleven, the diversified group chaired by Medanta co-founder Sunil Sachdeva, will invest over Rs 4,700 crore to build a new, renewable-led electricity distribution network across the Gurugram and Nuh districts, among the largest private investments ever proposed in Haryana's power sector, according to the statement. The company, Eleven Power Private Limited, has applied to the Haryana Electricity Regulatory Commission for a parallel distribution licence for the two districts, and the project is subject to the grant of the licence by the Commission. The proposed network will be powered predominantly by renewable energy and aims to provide

Driven by Tata Steel SEZ, Gopalpur industrial park has attracted over Rs 65,000 crore of investments across green hydrogen, solar, specialty chemicals and advanced manufacturing

CEA Chairman Ghanshyam Prasad says hydropower and pumped storage projects will underpin India's renewable energy expansion, with approvals and clearances being expedited

The exemption applies to net-metering projects and open access renewable energy power projects, but the ministry said there will be no blanket extension for solar projects

The government on Saturday said it has extended the exemption timeline for net-metering and open access RE projects till December 31, 2026 under the ALMM-II. The ministry clarified that there will be no change with respect to the implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells. In a statement, the Ministry of New and Renewable Energy said there is no change in ALMM Policy and the government has provided extended relief window for select solar projects up to December 2026. The MNRE has decided that there will be no change in the policy of the Government of India with respect of implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells, and no blanket extension in applicability of ALMM List-II for solar power projects will be provided. However, a limited window is being provided for net metering projects and open access RE power projects, whereby such projects can now commission with exemption of ALMM .

Solar capacity additions surged 43 per cent year-on-year in the first half of 2026, taking India's total installed renewable energy capacity, including hydro, to 288 GW

India's solar generation has surged to record levels, but an average 24 GWh of electricity went unused every day in May 2026 because the grid could not absorb it before demand shifted to the evening

Renewable electricity generation rose 9.8 per cent globally in 2024, while India's renewable energy capacity increased 22.5 per cent in 2025, according to IRENA

The firms can also transfer transmission rights for their group utility that are generating but does not have connectivity to grid, an order from the ‌Central Electricity Regulatory Commission said

REC has signed two MoUs with the Tripura government to provide Rs 15,000 crore in financial support for renewable energy and power infrastructure projects

The World Bank Group has committed USD 890 million funding support to accelerate India's national programme for solar rooftops to bring clean energy to millions of homes and create 1.7 million job opportunities across the renewable energy manufacturing, installation, and services value chain. The World Bank's Board of Executive Directors have approved the project, the multilateral funding agency said in a statement on Friday. The financing package for the programme includes an USD 820 million loan from the International Bank for Reconstruction and Development (IBRD), a USD 60 million concessional loan from the Clean Technology Fund, and a USD 10 million grant from IBRD's Livable Planet Fund, it said. In addition, the World Bank will mobilise USD 4.2 billion in private financing in the form of commercial loans enabling them to install solar rooftops for households, it said. India has committed to achieving net zero by 2070 and increasing non-fossil-fuel-based energy resources to 60

India has commissioned 7.5 GWh of energy storage capacity, with over 140 GWh under development as the government steps up support for battery storage and recycling

The proposed 1,600-km undersea transmission cable with the UAE is part of India's 'One Sun, One World, One Grid' vision to strengthen cross-border power connectivity

India's power transmission sector is projected to attract Rs 6 trillion in investments through 2032 as grid infrastructure is expanded to integrate rising renewable energy capacity.

The regulator has allowed TP Saurya to continue selling infirm power from the 100 MW solar component of its 600 MW wind-solar hybrid project in Bikaner

India's rapid solar expansion is increasing grid stress as storage capacity lags, creating challenges in managing demand swings and renewable output

India's hydropower generation fell by 6.3 GW year-on-year in June 2026 as El Niño affected rainfall, with higher coal-fired generation offsetting much of the shortfall, S&P Global said