Page 5 - Renewable Energy

Why India's growing solar surplus is going unused despite record demand

India's solar generation has surged to record levels, but an average 24 GWh of electricity went unused every day in May 2026 because the grid could not absorb it before demand shifted to the evening

Renewables account for 31.7% of global power generation in 2024: IRENA

Renewable electricity generation rose 9.8 per cent globally in 2024, while India's renewable energy capacity increased 22.5 per cent in 2025, according to IRENA

CERC orders renewable firms to surrender unused grid connectivity

The firms can also transfer transmission rights for their group utility that are generating but does not have connectivity to grid, an order from the ‌Central Electricity Regulatory Commission said

REC to invest ₹15,000 crore in Tripura's power and renewable energy sectors

REC has signed two MoUs with the Tripura government to provide Rs 15,000 crore in financial support for renewable energy and power infrastructure projects

World Bank Group commits $890 mn to promote solar rooftop project in India

The World Bank Group has committed USD 890 million funding support to accelerate India's national programme for solar rooftops to bring clean energy to millions of homes and create 1.7 million job opportunities across the renewable energy manufacturing, installation, and services value chain. The World Bank's Board of Executive Directors have approved the project, the multilateral funding agency said in a statement on Friday. The financing package for the programme includes an USD 820 million loan from the International Bank for Reconstruction and Development (IBRD), a USD 60 million concessional loan from the Clean Technology Fund, and a USD 10 million grant from IBRD's Livable Planet Fund, it said. In addition, the World Bank will mobilise USD 4.2 billion in private financing in the form of commercial loans enabling them to install solar rooftops for households, it said. India has committed to achieving net zero by 2070 and increasing non-fossil-fuel-based energy resources to 60

India's energy storage pipeline hits 140 GWh, says Shripad Yesso Naik

India has commissioned 7.5 GWh of energy storage capacity, with over 140 GWh under development as the government steps up support for battery storage and recycling

India considers Rs 40,000 crore undersea power cable to UAE: Power minister

The proposed 1,600-km undersea transmission cable with the UAE is part of India's 'One Sun, One World, One Grid' vision to strengthen cross-border power connectivity

Power transmission to witness Rs 6 trillion investment over six years: Icra

India's power transmission sector is projected to attract Rs 6 trillion in investments through 2032 as grid infrastructure is expanded to integrate rising renewable energy capacity.

CERC permits TP Saurya to sell infirm power from Rajasthan solar project

The regulator has allowed TP Saurya to continue selling infirm power from the 100 MW solar component of its 600 MW wind-solar hybrid project in Bikaner

India's rising solar penetration is causing power grid stress: EAC-PM paper

India's rapid solar expansion is increasing grid stress as storage capacity lags, creating challenges in managing demand swings and renewable output

El Niño drives 6.3 GW decline in India's June hydropower generation: S&P

India's hydropower generation fell by 6.3 GW year-on-year in June 2026 as El Niño affected rainfall, with higher coal-fired generation offsetting much of the shortfall, S&P Global said

Powergrid secures 80 billion yen green loan from JBIC for HVDC project

The funding from the Japan Bank for International Cooperation will support Powergrid's Khavda-Nagpur HVDC transmission project to evacuate renewable energy from Gujarat

Power ministry releases draft norms for unified electricity data-sharing

Power Ministry proposes a unified electricity data framework to standardise and share renewable, grid and market data via a national digital platform

Tata Power Renewable commissions 100.8 MW wind project in Maharashtra

Tata Power Renewable Energy Ltd (TPREL) on Friday said it has successfully commissioned its 100.8 MW Jewali Wind Project in Dharashiv district, Maharashtra. The facility will supply electricity to Tata Power Mumbai Distribution, helping compliance with Renewable Purchase Obligation targets and supporting the transition to a more sustainable and environmentally responsible utility, it stated. The project comprises 28 SG 3.6-145 Wind Turbine Generators, based on advanced horizontal-axis wind turbine technology. The facility is expected to generate approximately 299 million units (kWh) of clean electricity annually. The project is expected to offset nearly 245 million kg of CO emissions every year, based on an estimated emissions reduction of 0.82 kg of CO per unit of electricity generated, making a significant contribution towards decarbonisation and enhancing Tata Power's clean energy portfolio. With this commissioning, TPREL's wind energy portfolio now exceeds 3.9 GW, including mo

Weather helps curb India's emissions growth to record low in 2025

India recorded the slowest growth in carbon dioxide emissions among the world's three largest polluters in 2025 as milder weather and higher renewable energy generation curbed electricity demand

Sterling and Wilson Renewable Energy secures $560 mn solar project in Egypt

The company, in a joint venture with Hassan Allam Construction, will develop a 1,000 MW solar project with a 600 MWh battery energy storage system in Egypt

Serentica Renewables to invest ₹1 trillion in Rajasthan renewable projects

KKR-backed Serentica Renewables plans to invest Rs 1 trillion in Rajasthan as it expands its solar and battery storage portfolio to support industrial decarbonisation

Serentica Renewables to invest ₹1 trillion in Rajasthan clean energy sector

Serentica Renewables on Monday announced plans to invest Rs 1 lakh crore in Rajasthan's clean energy space. The company's strategy is focused on enabling hard-to-abate sectors through firm and dispatchable renewable energy solutions that combine scale, reliability and affordability. "Underscoring its long-term commitment, Serentica has announced plans to invest Rs 1 lakh crore in coming years in the state of Rajasthan, with more than Rs 10,000 crore already deployed," the statement said. The company said Rajasthan now accounts for over 50 per cent of its total solar portfolio, with major assets located in Bikaner and Jaisalmer. The portfolio is expected to expand to Bhadla in the next phase. Together, these projects are part of the company's planned renewable energy pipeline of 27,000 MW. Serentica Renewables is a renewable independent power producer committed to decarbonise hard-to-abate industries by providing firm dispatchable renewable energy (FDRE) solutions.

Serentica Renewables to invest ₹1 trillion in Rajasthan clean energy sector

Serentica Renewables on Monday announced plans to invest Rs 1 lakh crore in Rajasthan's clean energy space. The company's strategy is focused on enabling hard-to-abate sectors through firm and dispatchable renewable energy solutions that combine scale, reliability and affordability. "Underscoring its long-term commitment, Serentica has announced plans to invest Rs 1 lakh crore in coming years in the state of Rajasthan, with more than Rs 10,000 crore already deployed," the statement said. The company said Rajasthan now accounts for over 50 per cent of its total solar portfolio, with major assets located in Bikaner and Jaisalmer. The portfolio is expected to expand to Bhadla in the next phase. Together, these projects are part of the company's planned renewable energy pipeline of 27,000 MW. Serentica Renewables is a renewable independent power producer committed to decarbonise hard-to-abate industries by providing firm dispatchable renewable energy (FDRE) solutions.

Planning to develop 11K Mw pumped storage capacity: Deepak Thakur

Hinduja Renewables plans to scale capacity to 10 GW by 2030, betting on solar, wind, hybrids and pumped storage to drive its next phase of growth