Renewable Energy In India

Govt extends exemption for net metering, open access RE projects till Dec

The government on Saturday said it has extended the exemption timeline for net-metering and open access RE projects till December 31, 2026 under the ALMM-II. The ministry clarified that there will be no change with respect to the implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells. In a statement, the Ministry of New and Renewable Energy said there is no change in ALMM Policy and the government has provided extended relief window for select solar projects up to December 2026. The MNRE has decided that there will be no change in the policy of the Government of India with respect of implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells, and no blanket extension in applicability of ALMM List-II for solar power projects will be provided. However, a limited window is being provided for net metering projects and open access RE power projects, whereby such projects can now commission with exemption of ALMM .

CERC orders renewable firms to surrender unused grid connectivity

The firms can also transfer transmission rights for their group utility that are generating but does not have connectivity to grid, an order from the ‌Central Electricity Regulatory Commission said

India among lowest-cost solar markets, beats China on PV power cost: IRENA

India's utility-scale solar power cost stood at $35 per MWh in 2025, below China's $36 and the global average of $44, according to IRENA

Serentica Renewables to invest ₹1 trillion in Rajasthan clean energy sector

Serentica Renewables on Monday announced plans to invest Rs 1 lakh crore in Rajasthan's clean energy space. The company's strategy is focused on enabling hard-to-abate sectors through firm and dispatchable renewable energy solutions that combine scale, reliability and affordability. "Underscoring its long-term commitment, Serentica has announced plans to invest Rs 1 lakh crore in coming years in the state of Rajasthan, with more than Rs 10,000 crore already deployed," the statement said. The company said Rajasthan now accounts for over 50 per cent of its total solar portfolio, with major assets located in Bikaner and Jaisalmer. The portfolio is expected to expand to Bhadla in the next phase. Together, these projects are part of the company's planned renewable energy pipeline of 27,000 MW. Serentica Renewables is a renewable independent power producer committed to decarbonise hard-to-abate industries by providing firm dispatchable renewable energy (FDRE) solutions.

Centre eases compliance burden for pre-installed rooftop solar modules

Case-to-case basis exemption allowed under the new ALMM-II framework

Premier Energies promoters divest 5.3% stake; JM launches pvt credit fund

The appointments of Saurabh Shukla and Gopalan S Raghavan as executive directors (ED) at BSE come after a regulatory mandate to strengthen governance of exchanges and other market institutions

Can India build a China-like super grid for its clean energy push?

China built its super grid over two decades through massive state investment and planning. Experts explain whether India can realistically replicate

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