Renewable Energy

Solar module overcapacity drags factory utilisation down to 35-40%: Report

India's module capacity reached 233 GW in June, nearly seven times its cell capacity, leaving factories operating well below levels needed for sustainable operations

India's floating solar plan: Strategic clean-energy move or risky bet?

India's PM-SSY targets 5 GW of floating solar capacity with two-hour storage and Rs 28,500 crore of investment, but high costs, viability concerns and technical risks could impede scale-up.

Solar heat: A market waiting to be created

For these industries, their operating costs would be substantially lower if they used solar thermal systems, as solar radiation is free unlike diesel and gas

Opportunities in the solar sector

In this session, Nishant Sood, Managing Director, Candi Solar India, talks about the solar sector and provides career tips to the B-Schoolers.

AESL wins ₹4,700 cr transmission project in Maha for 4.5 GW renewable power

The 36-month project will add 562 circuit km of transmission lines and 9,000 MVA of transformation capacity while supporting pumped-storage projects in Maharashtra

August Energy, Energeia form $100 mn platform to decarbonise C&I facilities

The August Energeia platform will finance and manage energy-efficiency upgrades and renewable energy systems for commercial and industrial customers without upfront investment

AM Green planning ₹10K cr investment across states to set up bio-refineries

Clean energy firm plans five bio-refineries through 2030, with projects in Uttar Pradesh, Andhra Pradesh and Madhya Pradesh using a range of feedstocks

Suzlon's ₹10,500 crore Andhra Pradesh wind energy projects on track

The 1,325 MW wind energy projects are expected to generate 1,600 direct and indirect jobs, while Suzlon has expanded its smart blade manufacturing facility

India needs a grid revolution

The focus must shift from the visible spectacle of capacity addition to the invisible architecture of grid management

Uttar Pradesh eyes ₹10,000 crore investment in energy value chain

UP targets ₹10,000 crore investment as power demand rises; UPPCL, MP Power Management Company sign MoU for 2,000 MW peak power procurement and power banking

Rising FDRE, RTC volumes to drive electricity futures market growth

Rising round-the-clock renewable power and a larger merchant market could give India's electricity futures market the volumes it needs to deepen and mature

'India needs rapid battery storage expansion as renewable capacity rises'

The growing renewable capacity has created an immediate need to scale up storage systems, industry stakeholders said, highlighting the huge gap between the demand and current capability to manufacture essential battery cell components. Sharing their views with PTI, industry members have also cautioned against treating import dependence as a reason for slow deployment. The experts' comments assume significance as India's domestic battery manufacturing currently accounts for less than 1 per cent (2 GWh) of its approximately 260 GWh demand pipeline from competitive tenders in 2026. Battery energy storage systems (BESS) and pumped storage projects are gaining importance as India expands renewable capacity to meet rising electricity demand and balance solar generation with peak demand, Sunkind India founder and Managing Director Hanish Gupta said. Batteries and other storage technologies are key to addressing the intermittency risk of solar power and unlocking its growth potential, Prem

India weighs low-cost loans for RE projects hit by power curbs

Government data shows India, which is the world's third-biggest solar power generator, curtailed 14%, or 8,133 gigawatt hours, of its solar power output between April and June.

Uttar Pradesh nets investment worth ₹35,000 crore in renewable energy

Uttar Pradesh attracts over ₹35,400 crore in renewable energy proposals, with five projects in Gautam Buddha Nagar expected to create more than 20,000 jobs and boost the state's green-energy push

PSBs propose 2% sub-target for climate finance under PSL framework

Public sector banks also seek higher lending limits for renewable energy projects and inclusion of electric vehicle financing under the priority sector lending framework

ReNew's Q1FY27 net profit rises 16% to ₹595 crore, revenue up 16%

Renewable energy firm ReNew reported a 16 per cent rise in Q1FY27 net profit to Rs 595 crore, while commissioned capacity increased 17 per cent year-on-year to 13.1 GW

Industry body IESA seeks collaboration among Brics nations to meet RE goals

Collaboration on advanced energy storage technologies, resilient supply chains, and timely access to critical minerals is key to achieving renewable energy targets, industry body IESA told BRICS countries on Tuesday. The India Energy Storage Alliance (IESA) handled the technical coordination at a virtual event which was attended by representatives from Brazil, Russia, the United Arab Emirates, and other members of BRICS - a forum of emerging economies. The event, organised by the power ministry, was aimed at accelerating India's clean energy transition by deepening international collaboration on advanced energy storage technologies and developing resilient local supply chains. According to a statement, IESA has urged BRICS nations, including Brazil, Russia, and the UAE, to strengthen energy cooperation and mineral security. It also submitted recommendations to the Indian government. India's clean industrial investment pipeline has reached an estimated USD 433 billion, placing the .

Shera Energy eyes 25-30% revenue growth in FY27, bets on capacity expansion

Jaipur-based Shera Energy is targeting 25-30 per cent revenue growth in the current financial year, supported by capacity expansion and foray into new value-added products to cater to the power and renewable energy sectors, according to a top company official. The NSE-listed company, which is also into recycling, began operations in 2003 with aluminium winding wires and had annual revenues of around Rs 20 crore during its early years, its Chairman and Managing Director Naseem Sheikh said in an interaction with PTI. In FY26 Shera Energy reported annual turnover of Rs 1,640 crore. The company manufactures winding wires and other electrical products using copper, aluminium and brass, catering primarily to transformers, motors and other electrical equipment. "This year, we intend to grow another 25-30 per cent on our revenues and bottom line," Sheikh said. To achieve its goal, Shera Energy is expanding its product portfolio into higher value-added segments, including solar ribbon and

ITA backs 11 Indian projects to accelerate clean industrial transition

The Industrial Transition Accelerator (ITA) on Thursday said it has selected 11 Indian projects that will receive tailored support as part of its India Project Support Programme to accelerate critical clean industrial projects. The ITA is a global multi-stakeholder initiative launched at COP28 to fast-track industrial transition across energy-intensive industry and transport sectors. The selected projects, led by companies including Jindal Steel, JSW Steel, ACME Group, Yamna, Circular Urban Energy (CUE) and ReNew, represent more than USD 18 billion in potential investment and could deliver over 7.8 million tonnes of annual carbon abatement across multiple sectors, a statement said. "In a world shaped by geopolitical volatility, the ability to produce clean materials domestically and competitively will be a key driver of both economic resilience and long-term growth," James Schofield, Managing Director, Industrial Transition Accelerator, said in the statement. Across in-country ...

PM Surya Ghar got 7.77 million applications, 4.19 million installations

PM Surya Ghar has received 7.77 million applications since February 2024, with 4.19 million rooftop solar systems installed, covering 5.04 million households