Renewable Energy

Wind power's rebound is real, but India must fix the bottlenecks soon

Wind energy in India records its strongest revival yet, but transmission gaps, land hurdles, and ecological safeguards must be resolved to sustain momentum toward 2030 targets

India's energy jobs boom exposes the myth of AI-led job destruction

AI has been framed as a job-stealing force. The electricity sector tells a different story

Best of BS Opinion: India must learn from China, support new entrants

Today's Best of BS Opinion looks at India's evolving trade strategy, rising tensions with Bangladesh, lessons from China's manufacturing boom, food loss challenges, and the impact of digital platforms

Data centre surge strains resources: Can AI learn to consume with care?

Big Tech is pumping more than $60 billion into data centres in India to power a smart future. This will also put pressure on scarce power and water resources. Fortunately, there are solutions

ACME Solar secures ₹4,725 crore funding for renewable energy projects

ACME Solar Holdings on Thursday said it has secured Rs 4,725 crore financing from leading Indian financial institutions to fund renewable energy projects and optimise its capital structure by reducing financing costs. The capital raise includes financing and refinancing arrangements with tenors ranging from 18 to 20 years for the projects, a company statement said. According to the statement, the ACME Solar Holdings Ltd (ACME Solar), through its subsidiaries, has secured debt tie-up of Rs 4,725 crore from leading Indian financial institutions to fund the renewable energy projects and optimise its capital structure by reducing financing costs. Under the New Greenfield Financings, the company has got Rs 2,716 crore from Power Finance Corporation Ltd (PFC Ltd) for the 300 MW ACME Sigma FDRE project, a renewable energy initiative equipped with four hours of battery storage. It has also got its first greenfield project financing for Acme from National Bank for Financing Infrastructure .

RE adoption rises in textile sector, but challenges persist: Report

Renewable energy adoption has gained momentum in the Indian textile industry, but intensity-related challenges still persist, stated an ICRA ESG Ratings Report. A new report by ICRA ESG Ratings Ltd shows a steady increase in renewable energy adoption among Indian textile companies, even as energy use per unit of revenue, has also increased, an ICRA statement said. The findings are based on a review of 19 major textile firms, including Page Industries Ltd, Welspun Living Ltd, Arvind Ltd, and KPR Mill Ltd, from FY2023 to FY2025. The study is part of the broader analysis presented in 'Sustainability Unstitched: Indian textile industry's green gauge.' The report says that the average share of renewable energy in the sector's total energy consumption rose from about 14 per cent in FY2023 to nearly 18 per cent in FY2025. Apparel companies led with an increase from 26 per cent to 28 per cent, aided by the feasibility of rooftop solar for electricity-driven operations like cutting and ...

Centre has no list of future project cancellations: Pralhad Joshi

The Centre has not cancelled any renewable energy project awards and has prepared no list for future cancellations, MNRE minister Pralhad Joshi told Parliament in a written reply

Solar transition: Reforms needed to improve long-term performance

Grid-level constraints compound the problem. Solar generation is geographically concentrated, while transmission capacity and energy storage remain severely inadequate

Will invest over $75 bn in energy transition space in 5 yrs: Gautam Adani

Adani Group chairman Gautam Adani on Tuesday said the conglomerate will invest over USD 75 billion in the energy transition space over the next five years, asserting that the country must do what is best for itself, define its own development path and resist external pressures. Speaking at the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad, Adani said the group is building the world's largest renewable energy park at Khavda in Gujarat, spread over 520 sq km. "At full capacity by 2030, this park will generate 30 gw of green energy. At average household consumption, this is equivalent to powering over 60 million homes a year," he said. "With the first 10 GW already commissioned, we are on track to deliver the world's lowest-cost green electron, setting a global benchmark in energy transition," he added. Adani said India is the world's third-largest electricity consumer, but its per capita consumption remains "less than 1,400 kWh a year, l

Nuvama upgrades Suzlon to 'Buy' as wind outlook improves, capacity ramps up

Suzlon Energy stock: The brokerage has trimmed its target price to ₹60 from ₹66, reflecting a lower valuation multiple due to a temporary slowdown in central tendering activity.

Rajasthan govt's cities among 100 chosen to push rooftop solar expansion

"Under the program, awareness activities and vendor training will be conducted in these cities to encourage people to install rooftop solar systems," the official added

2.396 million households covered under solar rooftop scheme PMSGMBY

The scheme is targeting to ramp up the coverage to 3.5 million households by the end of 2025-26 and the government has taken various steps to accelerate its implementation

Parliamentary committee asks govt to remove solar power constraints

The panel, headed by chairperson Shrirang Appa Barne, has also asked the government to address the slow pace of implementation of solar sector schemes, and work out a PLI scheme

MNRE urges lenders to fund solar cells, wafers and polysilicon units

MNRE has urged lenders to expand financing beyond module units to include upstream solar manufacturing while clarifying that no advisory has been issued to pause lending to renewable energy projects

India emerges as key driver of global renewable energy surge: Joshi

Union New and Renewable Energy Minister Pralhad Joshi on Saturday said India has recorded the highest-ever addition of green energy capacity in the current financial year at 31.25 GW (Gigawatt), including 24.28 GW of solar power. Addressing the inaugural session of the Global Energy Leaders' Summit 2025 here, the minister also announced a 1.5 lakh rooftop solar ULA (Utility Led Aggregation) model for Odisha, which would benefit 7-8 lakh people across the state. The summit was inaugurated by Odisha Chief Minister Mohan Charan Majhi and attended by energy ministers of various states. After taking nearly 70 years to reach 1 TW (Terawatt) of renewable energy capacity in 2022, the world achieved 2 TW by 2024, Joshi said adding that the second terawatt was achieved in just two years. "India is a key driver of this explosive global surge in renewable energy. In just 11 years, the country's solar capacity has grown from 2.8 GW to around 130 GW, a rise of more than 4,500 per cent. Between 2

C&I RE capacity may rise to 60-80 GW by 2030, says MNRE secretary

MNRE secretary Santosh Sarangi said C&I renewables could rise to 60-80 GW by 2030, with this year's installations likely above 5-6 GW via bids and contracts

Power demand dips in November as temperatures fall; coal output declines

India's power demand dipped 0.3% to 123 BUs in November amid lower temperatures, even as peak demand hit a record 216 GW, with RE and hydro generation rising and coal output falling

Commercial & Industrial renewable capacity to hit 60-80 GW by 2030

The official said that by 2030, C&I RE capacity will be between 60 GW and 80 GW

India's clean energy firms seek better weather data as rules tighten

The draft framework aims to gradually narrow the permissible gap between the amount of electricity producers commit to supply and what they actually generate and was due to come into effect from April

Datanomics: India's nuclear energy ambitions need a capacity push

India's nuclear ambitions hinge on accelerating capacity growth to meet its 100-GW target by 2047, even as policy reforms gather pace and global peers stay far ahead