Page 3 - Renewable Energy

RE adoption rises in textile sector, but challenges persist: Report

Renewable energy adoption has gained momentum in the Indian textile industry, but intensity-related challenges still persist, stated an ICRA ESG Ratings Report. A new report by ICRA ESG Ratings Ltd shows a steady increase in renewable energy adoption among Indian textile companies, even as energy use per unit of revenue, has also increased, an ICRA statement said. The findings are based on a review of 19 major textile firms, including Page Industries Ltd, Welspun Living Ltd, Arvind Ltd, and KPR Mill Ltd, from FY2023 to FY2025. The study is part of the broader analysis presented in 'Sustainability Unstitched: Indian textile industry's green gauge.' The report says that the average share of renewable energy in the sector's total energy consumption rose from about 14 per cent in FY2023 to nearly 18 per cent in FY2025. Apparel companies led with an increase from 26 per cent to 28 per cent, aided by the feasibility of rooftop solar for electricity-driven operations like cutting and ...

Centre has no list of future project cancellations: Pralhad Joshi

The Centre has not cancelled any renewable energy project awards and has prepared no list for future cancellations, MNRE minister Pralhad Joshi told Parliament in a written reply

Solar transition: Reforms needed to improve long-term performance

Grid-level constraints compound the problem. Solar generation is geographically concentrated, while transmission capacity and energy storage remain severely inadequate

Will invest over $75 bn in energy transition space in 5 yrs: Gautam Adani

Adani Group chairman Gautam Adani on Tuesday said the conglomerate will invest over USD 75 billion in the energy transition space over the next five years, asserting that the country must do what is best for itself, define its own development path and resist external pressures. Speaking at the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad, Adani said the group is building the world's largest renewable energy park at Khavda in Gujarat, spread over 520 sq km. "At full capacity by 2030, this park will generate 30 gw of green energy. At average household consumption, this is equivalent to powering over 60 million homes a year," he said. "With the first 10 GW already commissioned, we are on track to deliver the world's lowest-cost green electron, setting a global benchmark in energy transition," he added. Adani said India is the world's third-largest electricity consumer, but its per capita consumption remains "less than 1,400 kWh a year, l

Nuvama upgrades Suzlon to 'Buy' as wind outlook improves, capacity ramps up

Suzlon Energy stock: The brokerage has trimmed its target price to ₹60 from ₹66, reflecting a lower valuation multiple due to a temporary slowdown in central tendering activity.

Rajasthan govt's cities among 100 chosen to push rooftop solar expansion

"Under the program, awareness activities and vendor training will be conducted in these cities to encourage people to install rooftop solar systems," the official added

2.396 million households covered under solar rooftop scheme PMSGMBY

The scheme is targeting to ramp up the coverage to 3.5 million households by the end of 2025-26 and the government has taken various steps to accelerate its implementation

Parliamentary committee asks govt to remove solar power constraints

The panel, headed by chairperson Shrirang Appa Barne, has also asked the government to address the slow pace of implementation of solar sector schemes, and work out a PLI scheme

MNRE urges lenders to fund solar cells, wafers and polysilicon units

MNRE has urged lenders to expand financing beyond module units to include upstream solar manufacturing while clarifying that no advisory has been issued to pause lending to renewable energy projects

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