Renewable Energy Sector

Petronet LNG, Gruner Renewable form JV to invest ₹1,200 crore in CBG plants

The 50:50 joint venture plans to develop 10 compressed biogas plants across India, with a combined capacity of 180 tonnes per day, strengthening Petronet LNG's renewable-gas presence

Renewable energy demand could rise as data centres surge in India

CleanMax founder Kuldeep Jain estimated that 5 GW of data centre capacity could require 30-40 GW of renewable power, as US backlash and West Asia conflict risks boost India's appeal

Vayona Energy unveils next-generation 5 MW wind turbine platform in Chennai

Developed with Germany's Aerovide, the Vayona 5.0/193 features a 193-metre rotor and is designed for India's wind and climate conditions, with local manufacturing and service

Torrent Power tanks 35% from April high; stock hits 31-month low

Motilal Oswal Financial Services initiated coverage on Torrent Power with a Neutral rating and a sum-of-the-parts (SoTP)-based target price of ₹1,270.

Pakistan's solar boom is so widespread it is now part of wedding dowries

Rising grid tariffs, TikTok-driven popularisation and the affordability of Chinese solar systems have driven Pakistan's solar boom to such an extent that panels are now being used as wedding dowries

Brics 2026: Energy industry seeks easier cross-border investments

Companies want easier cross-border investment, technology partnerships, development-bank financing and stronger cooperation on critical minerals, smart grids and biofuels

Inox completes ₹6,000 cr acquisition of BlackRock-owned GIP's Vena Energy

Inox Clean Energy on Tuesday said it has completed the acquisition of BlackRock-owned GIP's Vena Energy India Holdings Pte Ltd, Vena Group's India renewable energy platform, for a total transaction value of about Rs 6,000 crore. The transaction represents one of the fastest signing-to-execution deals in the renewable energy sector, having been completed within two months, despite involving multiple stakeholders and financing partners, according to a company statement. The entire transaction value has been secured through internal equity and refinancing, highlighting Inox Clean's strong financing capabilities and ability to execute complex transactions at speed. Vena Energy India's renewable portfolio comprises about 1 GW of operational capacity, 1.7 GW of solar and wind and 1.2 GWh of BESS assets at advanced stages, along with an additional 2.7 GW of solar and wind and 1.3 GWh of BESS development pipeline. Following completion, Inox Clean's operating and near-operational portfolio

Solar met over 20% of peak power demand in June quarter: CREA report

Solar generation rose 37 per cent year-on-year in Q1FY27 and met more than one-fifth of peak electricity demand as renewable energy's role in India's power mix expanded

India's emission record improved in 2025: Global climate consultants

India recorded its slowest rise in carbon emissions since the pandemic, aided by slower fossil fuel use and rapid renewable energy growth, a global report shows

Suzlon Energy soars 7%, trades at 7-month high; what's driving stock?

Suzlon Energy quoted higher for the third straight trading day, rallying 11 per cent to ₹59.25, its highest level since November 7, 2025.

Suzlon 2.0: Why the renewable energy giant's strategic shift matters

The company's 'Suzlon 2.0' strategy signals a shift towards integrated clean energy solutions as India prepares for its next phase of renewable growth

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

What is driving the volatility in India's spot power prices?

Rising renewable energy generation, erratic weather patterns and supply-demand mismatches are triggering sharp swings in India's spot electricity prices across market segments

India's renewable energy industry calls for state-specific bids

Smart meters are a solution to many issues in the power sector and the use of its data should be made compulsory so that the ACS-ARR gap of discoms can be reduced further, Mishra said

Emmvee Photovoltaic hits 52-week high on Q4 beat; JM Fin eyes 25% upside

Emmvee reported revenue from operations of ₹1,738.8 crore, up 62 per cent Y-o-Y from ₹1,071.7 crore in the year-ago period

Discom appetite for vanilla solar has weakened, says MNRE secretary

Santosh Kumar Sarangi outlines focus on transmission upgrades, distributed renewables and offshore wind as India tackles grid stress and stranded green capacity

HSBC Global bets on renewables; initiates 'Buy' on ACME Solar, Clean Max

The brokerage initiated 'Buy' on ACME Solar with a target price of ₹350. Similarly, Clean Max is rated 'Buy' as well with a target price of ₹1,150.

India must overhaul its electricity model to reduce energy vulnerability

A tenfold increase in the share of renewables in the total energy supply is needed

ALMM II may give investment opportunity, says Fujiyama Power Systems

Mandatory domestic sourcing of solar cells under ALMM II from June may create supply shortages, prompting fresh investments and capacity expansion by Indian manufacturers

ReNew Energy set to secure $800 million refinancing loan this year

The five-year facility will be priced at about 185 basis points over the benchmark Secured Overnight Financing Rate, the people said. Final terms may change