Renewable Energy

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

Clean Max Enviro Energy IPO opens Feb 23; sets price band at ₹1,000-1,053

Clean Max Enviro aims to raise ₹3,100 crore through a combination of fresh issue of 11.4 million shares worth up to ₹1,200 crore and an OFS of 18 million shares worth up to ₹1,900 crore

Lower consumer power costs key to AI-renewable success: MNRE Joint Secy

The success of artificial intelligence and renewable energy convergence will be when the overall power cost comes down, and industrial competitiveness goes up, a government official said on Monday. India has been significantly adding renewable energy capacity, and the country's total capacity is around 520 GW. Also, there is around 35 GW of distributed renewable energy capacity. JVN Subramanyam, Joint Secretary at the Ministry of New and Renewable Energy (MNRE), said Artificial Intelligence (AI) is going to be a game changer, especially for distributed renewable energy. He was participating in a session on 'Global Mission on AI for Energy Scaling through citizen-centric India Energy Stack' at the AI Impact Summit in the national capital. "I think in the next two to three years' time, success in AI and the renewable energy convergence would be where the overall cost of power to the consumers goes down, our industrial competitiveness goes up, and consumer empowerment becomes prosume

Coal India doubles solar capex to ₹961 crore, surpassing FY26 targets

Coal India has more than doubled its solar capex to ₹961 crore this fiscal, exceeding full-year goals as it advances its 3,000 MW renewable capacity plan and scales up participation in solar auctions

Renewable energy accounts for 75% of total power capacity addition in FY26

Solar and wind led capacity growth as India added 52,537 MW between April and January, with renewable energy accounting for three-fourths of total additions

Rajasthan govt approves incentive packages for 10 ultra-mega projects

The Rajasthan government on Saturday approved customised incentive packages for 10 ultra mega projects involving an investment of about Rs 46,000 crore, officials said. The Board of Investment, in a meeting chaired by Chief Minister Bhajanlal Sharma, approved proposals related to solar module and cell manufacturing, renewable energy, cement, mines and minerals, automobile, chemical, textile and tourism sectors, an official statement said. The projects are expected to generate employment for more than 12,000 people in the state. The chief minister said the government's priority is to promote revenue growth along with job creation and directed officials to regularly monitor the progress of companies availing benefits under the Rajasthan Investment Promotion Scheme (RIPS). Sharma also instructed officials to review district-wise progress of MoUs signed during the Rising Rajasthan Global Investment Summit and to promote the "One District One Product" initiative. He further called for .

GREW Solar raises ₹1,050 crore to expand solar cell capacity to 8 GW

Chiripal Group-backed solar module maker to scale cell capacity from 3 GW to 8 GW, with fresh funds from Bay Capital and institutional investors