Page 2 - Renewable Energy

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

India's net-zero ambition is clear, but the climate finance gap looms

A NITI Aayog study flags a multi-trillion-dollar climate finance gap, urging institutional reform and new green funding mechanisms to keep India on track for net zero

Tata Power dips 3% post Q3 miss, renewables shine; brokerages retain 'Buy'

Tata Power reported a consolidated revenue from operations of ₹14,485 crore, down 4 per cent Y-o-Y compared to ₹15,118 crore in the year-ago quarter

Tata Power Q3 net profit drops 4%, scouting sites for nuclear SMRs

Mundra thermal plant shutdown drags earnings as Tata Power explores small modular nuclear reactors with state governments

Tata Power Renewable Energy commissions 198 MW wind project in TN

Tata Power Renewable Energy has commissioned a 198 MW group captive wind project for Tata Steel in Tamil Nadu, boosting clean power supply and decarbonisation efforts

Coal India production, offtake fall as power sector demand weakens

Coal India has reported lower production and offtake in April-January FY26, with analysts linking decline to reduced coal consumption by thermal power plants amid muted power demand, rising renewables

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

Bid to address material intensity in renewables, cross-subsidy in power

Cross-subsidisation involves charging higher tariffs to industrial and commercial power consumers to offset lower tariffs for domestic and agricultural users

Eco Survey flags need to end power cross-subsidy, cut material intensity

Cross-subsidisation involves charging higher tariffs to industrial and commercial power consumers to offset lower tariffs for domestic and agricultural users

PRAGATI in Gujarat: Accelerating the growth engine via proactive governance

PRAGATI has functioned not only as a review platform but also as anticipatory governance

Earnings headwinds persist for JSW Energy after weak Q3 performance

The thermal portfolio has rising contracted offtake, with long-term power purchase agreements (PPAs) accounting for 82 per cent of total power sales and volumes up 63 per cent Y-o-Y

Waaree Renewable to buy 55% in Associated Power Structures for ₹1,225 crore

In September last year, Waaree Energies, the holding company of WRTL, acquired a 64 per cent stake in transformer company Kotsons through a primary capital infusion of Rs 192 crore

India plans ₹5.8 trn investment in 100 Gw hydro pumped storage projects

India plans ₹5.8 lakh crore investment to build 100 GW of hydro pumped storage projects by 2035-36 to support large-scale renewable energy expansion

Tamil Nadu amends wind power policy to extend life of old projects

Tamil Nadu amends its wind repowering policy, easing rules on life extension, banking and charges to revive ageing wind projects and boost renewable capacity

RPSG Group to invest ₹10.5K cr in Vijayapura, Ballari districts of K'taka

RPSG Group to invest ₹10,500 crore in Karnataka's Vijayapura and Ballari districts over three years, boosting the state's renewable energy ecosystem

India's power reforms: New policy aims to address persistent fault lines

The policy rightly recognises that tariff dysfunction is at the heart of the sector's problems

Clean energy platform LNK Energy launched with ₹10,000 cr investment

Three Indian entrepreneurs on Monday came together here to launch a next-generation integrated clean energy platform, LNK Energy, with an initial investment of Rs 10,000 crore over the next five years. It will begin operations with a 6 GW solar cell and module with an integrated ingot and wafer plant in Maharashtra, the organisers said during the launch on the sidelines of the World Economic Forum Annual Meeting 2026. LNK Energy's areas of operation would include advanced manufacturing, green fuels, and renewable energy generation. The company said its first project will be spread over 60 acres at Chhatrapati Sambhaji Nagar, Maharashtra, and will manufacture high-efficiency solar cells and modules using advanced technologies and global best practices. It has signed an agreement with the Maharashtra government for setting up the project. Its co-founders are Paritosh Ladhani, Joint Managing Director of SLMG Beverages, the largest bottler of Coca-Cola in India; Kushagra Nandan, ...

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

Waaree Renewable Tech Q3 results: Profit more than doubles to ₹120 crore

Waaree Renewable Technologies Ltd (WRTL) net profit more than doubled to Rs 120.19 crore in December quarter compared to a year ago mainly on the back of higher revenues. The company had a net profit of Rs 53.48 crore in the quarter ended on December 31, 2024, a statement said. "PAT stood at Rs 120.19 crore as compared to Rs 53.48 crore in Q3FY25 representing a growth of 124.74 per cent YoY," it said. According to the statement, revenue in the quarter stood at Rs 851.06 crore representing a growth of 136.18 per cent YoY (year on year) as compared to Rs 360.35 crores in Q3FY25. Its unexecuted order book stands at 2.92 GWp to be executed between 12-15 months and the bidding pipeline remains robust at 29 GWp. The board has approved the capex budget for setting up of 120 MWp Solar Power Park in Buldhana, Maharashtra. "Looking ahead, we will continue to strengthen capabilities, invest in innovation, and expand partnerships to capture emerging opportunities in the renewable ecosystem,

GRE Renew Enertech IPO opens on Jan 13: Check GMP, key dates, price band

GRE Renew Enertech IPO is being offered at a price band of ₹100 to ₹105 per share, with a lot size of 1,200 shares