Page 2 - Renewable Energy

India emerges as key driver of global renewable energy surge: Joshi

Union New and Renewable Energy Minister Pralhad Joshi on Saturday said India has recorded the highest-ever addition of green energy capacity in the current financial year at 31.25 GW (Gigawatt), including 24.28 GW of solar power. Addressing the inaugural session of the Global Energy Leaders' Summit 2025 here, the minister also announced a 1.5 lakh rooftop solar ULA (Utility Led Aggregation) model for Odisha, which would benefit 7-8 lakh people across the state. The summit was inaugurated by Odisha Chief Minister Mohan Charan Majhi and attended by energy ministers of various states. After taking nearly 70 years to reach 1 TW (Terawatt) of renewable energy capacity in 2022, the world achieved 2 TW by 2024, Joshi said adding that the second terawatt was achieved in just two years. "India is a key driver of this explosive global surge in renewable energy. In just 11 years, the country's solar capacity has grown from 2.8 GW to around 130 GW, a rise of more than 4,500 per cent. Between 2

C&I RE capacity may rise to 60-80 GW by 2030, says MNRE secretary

MNRE secretary Santosh Sarangi said C&I renewables could rise to 60-80 GW by 2030, with this year's installations likely above 5-6 GW via bids and contracts

Power demand dips in November as temperatures fall; coal output declines

India's power demand dipped 0.3% to 123 BUs in November amid lower temperatures, even as peak demand hit a record 216 GW, with RE and hydro generation rising and coal output falling

Commercial & Industrial renewable capacity to hit 60-80 GW by 2030

The official said that by 2030, C&I RE capacity will be between 60 GW and 80 GW

India's clean energy firms seek better weather data as rules tighten

The draft framework aims to gradually narrow the permissible gap between the amount of electricity producers commit to supply and what they actually generate and was due to come into effect from April

Datanomics: India's nuclear energy ambitions need a capacity push

India's nuclear ambitions hinge on accelerating capacity growth to meet its 100-GW target by 2047, even as policy reforms gather pace and global peers stay far ahead

Europe's green push cuts emissions, but can its economy bear the cost now?

Europe's drive to cut emissions has delivered big climate gains, but soaring energy costs, factory closures and political backlash are forcing a tough choice between ecological ambition and economic s

RIL's Big Battery Bet: Why Motilal Oswal sees a new energy upside

At the middle of this optimism is RIL's first battery Giga factory in Jamnagar, slated to start operations in early calendar year 2026 (CY26) with a production capacity of 40GWh per year.

India's 2025 emission rate to fall but global jump raises warming alarm

India's projected CO₂ emissions growth of 1% (38.9 GtCO₂/year) is higher than the global average and China's 0.4%, but lower than the US rate of 1.9%

ReNew to invest ₹82,000 cr in entire renewable energy spectrum in Andhra

Andhra Pradesh IT Minister Nara Lokesh on Thursday said decarbonisation solutions company ReNew will invest Rs 82,000 crore spanning the entire spectrum of renewable energy value chain. The IT Minister noted that ReNew will invest in high technology areas such as solar ingot and water manufacturing, including project development, green hydrogen and molecules. "In an investment spanning Rs 82,000 crores, Renew will be investing in the high technology areas of solar ingot, wafer manufacturing, down to project development and onwards to green hydrogen and molecules," said Lokesh in a post on 'X'. "After five years out of Andhra Pradesh, it is my proud privilege to announce that Renew is placing an all-in investment on the entire renewable energy value chain," he said. On May 16, Lokesh laid the foundation for a Rs 22,000 crore ReNew renewable energy project in Anantapur district. It encompassed a 4.8 GWp hybrid farm with BESS (battery energy storage system) at Bethapalli village in Go

Green H2 output target may be delayed by 2 years, says MNRE secretary

The policy uncertainties in Europe and the IMO's decision to defer its net-zero framework by a year were the prime factors for the target revision, said Santosh Sarangi

COP30 chief hails India, China for leading global clean energy transition

COP30 President Andre Corra do Lago has praised India and China for playing a transformative role in the global energy transition, saying both countries have embraced climate action "in a very clear way" and are driving down the cost of clean technologies worldwide. Addressing a press conference at the opening of COP30 in Belem, Brazil, do Lago said China has "embraced this agenda in an extraordinary way" by combining scale, technology and affordability, three crucial ingredients that have accelerated the world's progress towards cleaner energy systems. He said both China and India are shaping the future of the global energy transition. China has very advanced technology and has a scale that can only be compared to India. And India is somehow doing the same, because they also have brilliant companies and engineers and incredible people. They are going in the same direction, he said in response to a question on China's contribution to the fight against climate change Do Lago emphasi

India could miss 2030 green hydrogen production goals, says top official

A key global decarbonisation milestone for maritime shipping has also been delayed, further dimming near-term prospects for the use of green hydrogen in large vessels

Tracking India's solar future: Why every GWh matters in energy transition

As India builds renewable capacity at record speed, the focus must shift from scale to strength-ensuring every GW added delivers dependable GWh and lasting energy security

India's solar capacity to exceed 125 GW, raising oversupply concerns

India's solar module manufacturing capacity is set to surpass 125 GW by 2025, more than triple the domestic demand of around 40 GW, creating an inventory surplus of 29 GW, according to Wood Mackenzie. The surge has been fueled by the government's Production Linked Incentive (PLI) scheme, which has spurred rapid factory expansion. However, the industry now faces overcapacity risks, compounded by a sharp decline in exports to the United States, where new 50 per cent reciprocal tariffs caused module shipments to fall 52 per cent in the first half of 2025. Several manufacturers have paused their US expansion plans and refocused on the domestic market. Wood Mackenzie warned that cost competitiveness remains a challenge. Indian-assembled modules using imported cells are at least USD 0.03 per watt more expensive than fully imported Chinese modules, while fully 'Made in India' modules could cost more than double their Chinese counterparts without government support. Protective measures,

Why the US economy might benefit from abandoning clean energy goals

By selling more fossil fuels and avoiding the expense of meeting green regulations, the US would see its GDP grow by about 1% more than it would have had it continued the clean energy transition

Mitsubishi Corp buys stake in India's KIS Group, debuts into biogas segment

KIS Group aims to invest $1 billion across renewable gas and biofuel solutions in Southeast Asia and India by 2030

India asks RE agencies to secure buyers for stranded power projects

According to the document, the ministry has directed REIAs to sign agreements directly with the developer, bypassing the buyer-side agreement, or, alternatively, cancel the tenders as a last resort

India crosses 500 Gw power capacity, non-fossil sources contribute over 50%

India achieves one of its COP26 goals five years ahead of schedule as non-fossil energy sources contribute over half of total installed power capacity

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