Page 6 - Renewable Energy

UP CM lays foundation for SAEL's ₹8,200 crore solar manufacturing unit

The integrated 10 GW facility will manufacture solar cells and modules, create 20,000 jobs, and strengthen India's domestic solar supply chain

Adani Green says 2,000 GW capacity vital for India's energy security

India must add nearly 2,000 gigawatts of new power generation capacity over the next two decades to meet rising energy demand while reducing dependence on imported fuels, Adani Green Energy Executive Director Sagar Adani said, calling electrification the country's clearest pathway to energy security. Speaking at the inaugural Adani Green Electrification Dialogue here, Adani said India faces the dual challenge of meeting surging electricity demand while ensuring energy remains affordable, accessible and increasingly clean amid growing geopolitical uncertainty. "We are talking about a structural leap, adding nearly 2,000 gigawatts of new capacity over the next two decades. All while ensuring that this energy remains affordable, accessible, and increasingly clean. That is the scale of the opportunity. And that is India's defining challenge," he said. Adani said India consumed about 10,000 terawatt-hours of energy across all fuel sources in 2024, compared with 32,810 terawatt-hours in .

Targeted RE spending can save India $28 bn in climate losses: Report

Investing just 2% of renewable energy project costs in climate resilience could help India avoid $28 billion in potential losses, a report says

Odisha plans 11 GW renewable energy capacity by 2030 amid investment surge

The state plans major investments in renewable energy and transmission infrastructure as it seeks to emerge as a leading clean energy and green hydrogen hub by 2030

NLC India's ₹1 trillion expansion plan takes global route for borrowing

CMD Prasanna Kumar Motupalli spoke about NLC's critical mineral strategy, overseas expansion plans, funding road map, proposed NLC India Renewables initial public offering, and mining expansion plans

RIL betting on India's energy 'supercycle' with major investments

Reliance Industries is positioning itself for what Chairman Mukesh Ambani described as an impending energy "supercycle" in India, ramping up investments across renewable energy, chemicals, advanced materials and alternative fuels as the conglomerate seeks to reduce the country's dependence on imported energy. Speaking at company's annual shareholder meeting, Ambani said Reliance is pursuing an integrated energy strategy spanning solar power, batteries, wind energy, hydrogen, compressed biogas (CBG), bioenergy and underground coal gasification, aimed at strengthening India's energy security while supporting its transition to cleaner fuels. The push comes as India remains heavily dependent on imported energy, with Ambani warning that reliance on overseas supplies leaves the country exposed to geopolitical disruptions and price volatility. "India remains dependent on external energy sources for over 70 per cent of our needs. This is not only costly, but it also makes India vulnerable t

Odisha clears ₹76,612 crore investments, enters lab-grown diamond sector

Twenty projects approved by the High-Level Clearance Authority are expected to generate over 50,500 jobs across nine districts

Centre clears ₹22 crore aid for startups under Green Hydrogen Mission

The first batch of support under the National Green Hydrogen Mission's startup programme was announced as MNRE launched the Green Hydrogen Certification Portal

India needs 10 GWh battery storage to curb renewable curtailment: Ember

Energy think tank Ember says battery storage can absorb excess solar generation, reduce renewable-energy curtailment and help coal plants operate within technical limits

PSU banks green deposits surge to ₹3.7k cr in FY26 as RBI framework matures

State-owned lenders witnessed a sharp surge in green deposit mobilisation in FY26 amid increased depositors awareness and the maturation of the Reserve Bank of India's (RBI) Green Deposit Framework, introduced in 2023. According to PTI's analysis of banks' Annual reports for 2025-26, eight state-owned lenders raised Rs 3,733.11 crore in FY26 through green deposits, compared to Rs 1,831.79 crore in the year-ago period. The rise in green deposits reflects a growing focus among banks and depositors towards sustainable finance, with lenders increasingly linking their fundraising efforts with environmentally responsible lending, analysts said. State Bank of India (SBI), the country's largest lender, raised Rs 317.39 crore through its green deposit products till March 2026, with outstanding green deposits recorded at Rs 218 crore as on March 31, 2026. SBI garnered Rs 189.08 crore through green deposits in FY26, with the entire amount being deployed in clean transportation, particularly i

Centre eases compliance burden for pre-installed rooftop solar modules

Case-to-case basis exemption allowed under the new ALMM-II framework

Govt seeks assessment of old wind turbines: Renewable energy minister

India has set a target of achieving 100 GW of installed wind energy capacity by 2030 and 156 GW by 2036

Suzlon sizzles: Stock gains 3%, up 49% from 52-week low; more steam left?

Analysts view Suzlon's transition from a wind turbine manufacturer to a broader renewable energy solutions provider as a key growth driver, although successful execution remains critical.

Centre approves ₹531 crore aid for Rajasthan solar power providers

Global demand for Indian professionals is surging, with Australia, the UK, the US and the UAE ramping up hiring as competition for skilled talent intensifies

Central Electricity Authority plans infra to evacuate 60-70 Gw power

The authority is focusing on transmission connectivity for renewable projects while addressing grid stability concerns arising from the rapid integration of clean energy

Central Electricity Authority plans infra to evacuate 60-70 Gw power

The authority is focusing on transmission connectivity for renewable projects while addressing grid stability concerns arising from the rapid integration of clean energy

Meta partners with Fourth Partner Energy for 88 MW RE projects in India

Fourth Partner Energy (FPEL) said on Wednesday it has partnered with Meta Platforms Inc. on 88 megawatts alternating current (MWac) of renewable energy projects across India, as the technology company seeks to advance its clean energy and emissions reduction goals in the country. Under the agreement, FPEL will own and operate a portfolio of solar and wind projects across the states of Tamil Nadu, Karnataka, Maharashtra and Uttar Pradesh. Meta will purchase 100 per cent of the environmental attributes associated with the projects, FPEL said in a statement. The deal supports the addition of renewable energy capacity to India's power grid and forms part of Meta's broader strategy to align its operations with clean energy sources. "These projects with Fourth Partner Energy represent a commitment to India's clean energy ecosystem, helping to bring new renewable energy capacity onto the grid and address Meta's value chain emissions in the region. This is consistent with our broader goal

Centre relaxes solar module sourcing rules to boost rooftop installations

Residential rooftop solar projects under PM Surya Ghar not availing central subsidy will remain exempt from ALMM List-II for solar cells until March 2027

MNRE forms panel to review ALMM-II exemption requests for solar projects

Committee comprising officials from SECI, IREDA and NISE will examine requests for commissioning extensions beyond May 31, 2026, under the domestic solar cell mandate

Achieving energy self-reliance is key amid global crises: PM Modi

PM Modi said India has remained resilient through global crises, highlighting self-reliance, energy security and infrastructure-led growth