Page 2 - Renewable Energy

Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks

Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.

Worsening climate change main culprit behind India's extreme heat: UN

The ongoing extreme heat across large parts of India is primarily driven by worsening climate change caused by the massive burning of coal, oil, and gas, UN climate chief Simon Stiell said on Wednesday. He also highlighted the severe human and economic impact of the heatwave, particularly on people living in homes without cooling facilities and those working long hours outdoors. "These extremes drive home the importance of measures to adapt to climate impacts, globally," said Stiell, the executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC), in a statement. His remarks came as the India Meteorological Department (IMD) on Wednesday said heatwave to severe heatwave conditions were likely to persist over central and northwest India for the next two to three days. The soaring temperatures have also led to a record-breaking power demand across the country. Peak power demand touched 257.3 GW on May 18, 260.4 GW on May 19, 265 GW on May 20, and a record

Karnataka plans sops for data centre cooling solution providers

The Karnataka government is considering incentives for firms developing sustainable data centre technologies, including low-water cooling systems and renewable energy integration

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

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

No blanket extension of ALMM list for solar cells beyond June 1, says MNRE

Under the existing framework for ALMM List-II for solar PV cells, net-metering projects and open-access projects commissioned before June 1, 2026, are exempt

Karnataka may offer sops for innovative data centre cooling solutions

Karnataka's upcoming data centre policy may incentivise firms developing innovative cooling, renewable energy and cable landing station solutions

India eyes next leap in power transmission with 1,150 kV UHV integration

India is planning to integrate a 1,150 kV ultra high voltage transmission system into its power grid to support large-scale renewable energy expansion and long-distance power transfer

Rajasthan govt installs over 200K rooftop solar plants under PMSG

Aims to double monthly installations by December 2026

IMFA bets on ferro chrome expansion, renewables for next growth phase

IMFA is expanding ferro chrome capacity, scaling renewable energy use, and exploring critical minerals as it prepares for the next phase of growth

Tighter DSM rules for grid stability raise concerns over RE viability

India's tighter DSM rules aim to improve grid discipline amid rising renewable energy penetration, but industry experts say wider reforms are needed to balance stability and project viability

BII, CIP launch $300 million platform to support India's energy transition

British International Investment and Copenhagen Infrastructure Partners have launched a $300 million renewable energy platform focused on India's clean energy transition

Inox Clean acquires US solar manufacturer Boviet Solar for $750 million

Acquisition gives Inox Clean 3 GW each of module and cell manufacturing capacity in the US amid rising demand for renewable energy

Geothermal energy has 450 GW power potential in India, says report

CEEW and Project InnerSpace report highlights vast geothermal potential for electricity, cooling and industrial applications across several Indian states

CERC floats idea of capacity market for electricity, calls for comments

Suggested reforms aim to ensure power availability during system stress

Govt discusses faster BESS rollout, transmission push for RE integration

Ministries review energy storage deployment, transmission projects and time-of-day tariffs to strengthen renewable energy integration and grid stability

Govt links state fiscal incentives with RE adoption to address PPA issue

Union Minister Pralhad Joshi said renewable energy adoption criteria will be linked to fiscal incentives and interest-free loans for states

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

Tata Power Q4 profit up 8% at ₹1,416 crore; nuclear talks advance

Tata Power reported higher quarterly profit despite lower revenue due to the Mundra plant shutdown and said discussions on nuclear projects are at an advanced stage

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