Page 6 - Renewable Energy

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

Gujarat launches 870 MW battery storage systems for for RE grid stability

Gujarat has initiated battery storage systems at five locations in the state, with a total capacity of 870 MW, to maintain the stability of the renewable power grid, officials said on Saturday. Battery Energy Storage Systems (BESS) are essential for storing electricity generated from solar and other renewable sources. They help manage additional load and maintain grid stability. "Gujarat has initiated battery storage systems at five locations with a total capacity of 870 MW," an official release stated. The state has also registered 13 projects across Ahmedabad, Gandhinagar, Banaskantha, Patan and Kutch districts to set up additional battery storage systems, it said. Modhera in Gujarat, India's first solar village, has launched the country's first BESS integrated with a solar power plant, it said. "Under the leadership of Chief Minister Bhupendra Patel, the state has continued to advance in this direction and has strengthened its position among the leading states driving battery .

RECPDCL launches transmission tenders for Gujarat renewable projects

RECPDCL has invited bids for two interstate transmission projects to evacuate power from 21.5 GW renewable energy capacity planned across Gujarat

Seci invites bids for 500k tonne green methanol supply under SIGHT scheme

Seci has floated a tender for supply of 5 lakh tonne per annum green methanol under the SIGHT programme of the National Green Hydrogen Mission

Seci invites bids for 500k tonne green methanol supply under SIGHT scheme

Seci has floated a tender for supply of 5 lakh tonne per annum green methanol under the SIGHT programme of the National Green Hydrogen Mission

Bondada Engineering eyes ₹10,000 cr investment for 25 GW RE, data centres

Bondada Engineering plans Rs 10,000 crore investment to build 25 GW renewable capacity and expand into data centres and defence manufacturing by 2030

Wind energy industry seeks better grid use, faster PPAs from SECI

Industry body flags grid constraints, PPA delays, and sub-optimal resource allocation as key hurdles, urging coordinated planning to unlock India's wind energy potential

Tata Power arm to invest ₹6,500 crore in 10 GW solar wafer facility

Tata Power on Thursday said that its arm Tata Power Renewable Energy will invest Rs 6,500 crore in a photovoltaic ingot and wafer manufacturing facility of up to 10 GW capacity. The production of ingot and wafer will support the company's backward integration, the company said in an exchange filing. The Board of Directors of Tata Power Renewable Energy Limited (TPREL), a subsidiary of the company, approved the proposal to adopt a new line of business, photovoltaic (PV) ingot and wafer manufacturing. The proposed new line of business falls under upstream solar photovoltaic (PV) manufacturing, specifically PV Ingot and wafer manufacturing. This segment represents a critical part of the solar value chain, supplying key inputs for downstream cell and module manufacturing. The foray into ingot and wafer manufacturing supports backward integration, reduces dependence on imports (currently dominated by China), and positions the company to benefit from India's policy-driven push towards ...

Why India needs to develop concentrated solar thermal power plants

India's solar boom has exposed grid and storage challenges, making it essential to scale up concentrated solar thermal power alongside batteries and pump storage for reliable round-the-clock energy

Nearly 1/3 of peak demand of 256 GW met via renewable energy: Pralhad Joshi

Union Minister Pralhad Joshi on Wednesday said that nearly one-third of the record peak demand of over 256 GW earlier this month was met through renewable energy like solar, wind and hydro. The peak power demand touched a record high of 256.11 GW on Saturday, April 25, 2026, according to Power Ministry data. Speaking at the Resilient Futures Summit organised by Economist Enterprise, Joshi, the new and renewable energy minister, said that one-third of the peak power generation on 25th April was successfully met through renewable energy. That itself showcases that India is capable of generating and India is capable of handling peak power demand through renewable energy, he pointed out. The minister highlighted that India is investing in grid modernisation, digitisation, and also using AI and digital twins. "I think in the coming days...the generation capacity will also increase," he said. The minister also said that the government is making efforts to translate installed capacity

Transmission bottlenecks threaten India's ambitious renewable energy goals

India's rapid renewable energy expansion is exposing grid and transmission constraints, with experts warning that system resilience and infrastructure upgrades are critical to sustain growth

India's renewable energy deal value jumps five-fold to $2 billion in 2025

Interestingly, China's deal numbers dipped by 37 percent (43 disclosed ones) in 2025 which generated $1.5 billion

MNRE's CfD pilot likely to bring revenue certainty for RE developers

MNRE launches a 500 MW CfD pilot to ensure revenue certainty, reduce risks, and improve market stability for renewable energy developers