Renewable Energy In India

India's renewable energy deal value jumps five-fold to $2 billion in 2025

Interestingly, China's deal numbers dipped by 37 percent (43 disclosed ones) in 2025 which generated $1.5 billion

India, China place strategic bets on clean energy out of favour in West

The massive bets by the world's two most populous nations come at the same time that the West has quietly backed away from its ambitious green hydrogen goals from the start of this decade

Renewable energies overtake global electricity demand in India, China

Record growth in solar, especially in China and India, was a driving factor for clean energy sources surpassing the world's strong demand for electricity in 2025, according to a new global power analysis. Clean power generation grew 887 terawatt hours last year, exceeding overall global electricity demand growth of 849 terawatt hours, according to a report by energy think tank Ember, released after midnight Tuesday London time. Ember analyzes electricity data from 215 countries, and studied 2025 data for 91 countries, which the firm says represents 93% of global demand. Overall, the share of renewables - including solar, wind, hydropower and other clean energies - hit more than one-third of the world's electricity mix for the first time in modern history last year, growing 33.8% to 10,730 terawatt hours. It's promising news for a world embattled by climate change that's driven by the burning of fossil fuels such as coal, oil and gas to meet growing needs from economic growth, risin

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

Gujarat leads India in renewable energy, contributes 16.5% of total

As of Dec 31, 2025, Gujarat had become the first largest contributor to the country's renewable energy capacity, with cumulative installations reaching 42.583 GW

Budget 2026-27: Here are the key challenges for India's green push

Renewable energy developers flag transmission bottlenecks, weak DISCOM finances and high borrowing costs, seeking Budget support for grids, storage and cheaper green finance

India's clean energy firms oppose revocation of connectivity over delays

The paper proposed options such as auctioning surrendered capacity and deeming connectivity surrendered if PPAs remain unsigned for more than 12 months

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 .

Sterling & Wilson Renewable Energy rises 5% on securing this deal; details

Around 10:00 AM, Sterling & Wilson Renewable Energy shares continued to trade higher, up 2.39 per cent at ₹231.35 apiece. In comparison, BSE Sensex was trading 0.30 per cent higher at 85,869.58 levels

Nuvama starts coverage on Premier Energies with 'Buy', sees J-curve growth

The brokerage argues that Premier Energies is strategically positioning itself to capture exponential growth in the New Energy ecosystem, even as its core solar business remains on solid footing.

Not planning blanket cancellation of stuck RE projects, says govt

As of September-end, the Renewable Energy Implementing Agencies (REIAs) have issued Letters of Award (LoAs) for 43,942 megawatt capacity where PSAs with end procurers remain unsigned

India may cancel stalled green power projects struggling to find clients

While the move could free up grid capacity struggling to keep up with India's rapid renewable rollout, it would be a major setback for the green ambitions of the world's third-highest emitter

UK's BII set to invest $75 million for Blueleaf Energy's India plans

The investment will be made in Blueleaf's utility-scale solar, wind, and energy storage projects in India, and is expected to generate more than 3.2 gigawatt-hours (GWh) of clean energy annually

India now 4th largest renewable energy producer at 257 GW: Pralhad Joshi

Union minister Pralhad Joshi on Tuesday said India is the fourth-largest nation in the world in terms of renewable energy capacity, at 257 GW, a three-fold jump from 81 GW in 2014. Addressing the 8th session of the International Solar Alliance Assembly, the union minister of new and renewable energy said India's solar capacity increased from 2.8 GW in 2014 to 128 GW today. He said, "India is now the world's 4th-largest in RE capacity. Renewables in 2014 V/s Now: 81 GW - 257 GW." He informed that solar module manufacturing capacity increased from 2 GW in 2014 to 110 GW at present. Similarly, the solar cells manufacturing increased from 'zero' to 27 GW. He said under the leadership of Prime Minister Narendra Modi, India achieved the Nationally Determined Contribution target of 50 per cent capacity from non-fossil sources, five years ahead of the deadline. India's renewable tariffs, be it solar, solar-plus-battery, and green ammonia, are among the lowest globally, he said, adding th

Centre plans tighter rules for green power to safeguard grid stability

Unpredictable weather makes it difficult for green energy producers to meet scheduled supply, often causing surges or shortfalls that strain the grid's balance

Waaree Renewable Technologies share zooms 13% on record Q2 profit, revenue

At 11:00 AM, Waaree Renewable Technologies share price was trading 8.58 per cent higher at ₹1,231.90 per share. In comparison, BSE Sensex was trading 0.42 per cent lower at 82,156.20 levels.

Waaree Renewable Q2FY26 results: Net profit more than doubles to ₹116 cr

Waaree Renewable Technologies' consolidated net profit in September quarter more than doubled to Rs 116.34 crore on the back of higher revenues. The company had logged a consolidated net profit of Rs 53.51 crore in the quarter ended September 30, 2024, a BSE filing said. According to a company statement, the company recorded its highest-ever quarterly revenue and PAT (net profit), driven by robust execution, strong sectoral tailwinds, and continued expansion into new energy verticals including Battery Energy Storage Systems and data centres. The revenue stood at Rs 774.78 crore as against Rs 524.47 crore in Q2 FY25, delivering a growth of 47.73 per cent. The company's unexecuted order book stands at 3.48 GWp, to be executed over the next 1215 months, while its bidding pipeline remains robust at 27+ GWp, it stated. The board on Friday approved capex budget for setting up 28 MWp IPP solar power plants (14 MWp each) at two locations in Maharashtra. The board also approved capex budg

Centre tells renewable energy agencies to cancel rushed solar tenders

Some agencies gave companies only seven days to submit bids, the ministry said in the circular, without providing details on which agencies were involved or the values of such projects

India adds record 20.1 GW renewable capacity in Apr-Aug, 123% jump YoY

India added 20.1 GW renewable capacity in April-August FY26, a 123 per cent rise from last year, with ICRA projecting over 35 GW additions this fiscal supported by strong demand

Backlog of PPAs getting streamlined, says Hero Future Energies CEO

For developer, there are pros and cons of integrating upwards into equipment manufacturing. The critical thing here is that India is now developing an ecosystem for solar module manufacturing capacity