Renewable Energy

ReNew's C&I arm secures $95 mn investment from LeapFrog-led consortium

LeapFrog Investments leads $95 million equity infusion into ReNew Green Energy Solutions to expand its commercial and industrial renewable energy platform

New captive power rules to boost renewable energy adoption by industries

Industry says changes to captive power rules will make renewable projects more scalable, enabling group companies to access captive power benefits and boost clean energy adoption

Gulf investors likely to keep funding Africa renewables despite Iran war

Middle Eastern sovereign wealth funds and state-backed companies are unlikely to scale back renewable energy investments in Africa despite disruptions from the Iran war, analysts say, given the strong long-term economic and strategic reasons driving such funding. Investors made wealthy by the Gulf region's abundant oil and gas increasingly are turning to Africa's clean energy sector, attracted by rising electricity demand, rapid urbanization and the continent's growing role in global supply chains tied to critical minerals and manufacturing. A report released last month by the Clean Air Task Force found that more than $101.9 billion had flowed into Africa's renewable energy sector from Gulf countries by end of 2024, led by the United Arab Emirates, Saudi Arabia, Qatar, Kuwait and Bahrain. Much of the investment has been concentrated in North Africa, Southern Africa and parts of East Africa, while West Africa has attracted relatively limited funding. "Africa remains one of the few ..

Rajasthan govt directs officials to ensure uninterrupted power in summer

Rajasthan has stepped up preparations for peak summer power demand, focusing on supply security, solar capacity and battery energy storage systems

Suryakumar Yadav, Tilak Varma invest in Hyderabad's TRUZON Solar

Cricketers Suryakumar Yadav and Tilak Varma announce investment in Hyderabad-based TRUZON Solar, signalling growing interest in India's renewable energy sector

Subdued power demand pulls down spot electricity prices by 18% in Feb

Weak demand and higher renewable generation dragged February spot power prices lower, even as electricity trade volumes jumped to a five-year high, reflecting strong market liquidity

M&A activity in power sector gathers pace as PPAs drive up valuations

Accelerating power demand, revival of long-term PPAs, stronger plant load factors and attractive valuations are triggering a fresh wave of M&A activity across thermal and renewable assets

Sustainable practices can guide NE in renewable push: Shubhanshu Shukla

Indian Air Force Group Captain Shubhanshu Shukla said sustainable practices adopted in space offer lessons for North Eastern states like Meghalaya, expanding renewable energy in remote areas. Speaking at the 23rd National Space Science Symposium hosted by North East Space Application Centre (NESAC) at Umiam near here on Thursday, Shukla, the second Indian astronaut, stressed that life aboard the International Space Station depends almost entirely on solar power. "Astronauts reuse critical resources in an extremely limited environment. That discipline shows sustainable practices are attainable and practical for us as well," Shukla, the first Indian to visit the International Space Station in 2025, told students and researchers during an interaction session on Thursday. He commended Meghalaya's efforts to promote clean energy in rural and remote regions where conventional electricity supply remains a challenge. At the symposium, Meghalaya New and Renewable Energy Development Agency .

Solar equipment majors look to widen horizons to counter US duty threat

US plans steep countervailing duties on solar imports from India, prompting module makers to explore alternative markets and new supply chain strategies to mitigate the impact

Expect $350 billion investments in RE sector by 2030: Pralhad Joshi

The minister said the country's module manufacturing capacity stands at 140 GW

At BS Manthan, Pralhad Joshi outlines storage push for 500GW target by 2030

At BS Manthan, Pralhad Joshi says India's 500 GW non-fossil target hinges on scaling storage, strengthening domestic manufacturing and ensuring cheaper renewable power

Suzlon names Ajay Kapur Group CEO, elevates J P Chalasani to new council

Suzlon appoints Ajay Kapur as Group CEO and elevates J P Chalasani to its new Group Executive Council as the firm pursues its Suzlon 2.0 strategy to become a full-stack renewable energy provider

Cabinet clears higher equity limit for Powergrid to boost transmission push

Cabinet raises Powergrid's equity investment limit to Rs 7,500 crore per subsidiary, enabling greater participation in capital-intensive transmission projects and aiding renewable energy evacuation

AI forcing a rethink on data centre needs, say experts at BS Manthan

GPU-led AI workloads are increasing data centre power use up to tenfold, forcing companies to rethink energy sourcing, efficiency, and long-term renewable power strategies

Rooftop solar power installations at record 3 million households: Joshi

India's rooftop solar installations have crossed 30 lakh households, with MNRE officials stressing the need for digitised DRE data, real-time monitoring

NTPC flags thermal plant damage from flexible ops for renewable integration

NTPC says flexible and two-shift operations for renewable integration are causing wear and failures in thermal units, prompting the power ministry to review plant stress and grid needs

Clean Max Enviro IPO: Profit swings, cost overruns; 5 key risks to watch

Clean Max Enviro IPO will be offered at a price band of ₹1,000 to ₹1,053 per share, with a lot size of 14 shares

Govt to push AI solutions to improve grid stability, RE integration: Joshi

Energy minister Pralhad Joshi said AI-based tools will help tackle grid congestion, curtailment and renewable integration as India expands solar, wind and storage capacity

Adani group commits $100 billion for RE-powered AI data centres

Likely to create $250 bn AI infra ecosystem over a decade

India's solar mfg boom turns into glut as capacity outpaces demand

Capacity utilisation at the country's module-assembly plants has shrunk to around 40 per cent from more than 70 per cent in the year through March 2023