Page 6 - Renewable Energy

Green energy aided by strong ecosystem, say industry representatives

India's renewable energy sector is growing fast but faces hurdles in financing, transmission, and storage, even as policy support and innovation drive progress toward 2030 targets

India's renewable energy target hinges on open access to industries

States must shift open access from a reluctant concession to a core strategy, as lower power costs for industries are key to the wider energy transition

Power sector to require ₹3 trn investment in 5 years: Praveer Sinha

India must accelerate renewables, ease capital access, and streamline clearances to achieve its 500 GW clean energy goal by 2030, says Sinha

Bihar needs private investment to sustain growth, says Nitish Mishra

Bihar Industry Minister Nitish Mishra outlines new land, policy, and startup initiatives to drive investment, job creation, and transform the state's economic landscape

No significant impact of US tariffs on RE equipment exports: MNRE Secy

MNRE Secretary Santosh Kumar Sarangi said US tariffs will not hit India's renewable exports due to low volumes, as the country pushes ahead with offshore wind and new projects

Power Ministry teams up with IMD to develop weather tools for renewables

The Power Ministry is collaborating with the IMD to develop advanced forecasting tools aimed at improving electricity demand predictions and supporting the integration of renewable energy

Hindalco plans $10 billion investment over 5 years to boost value chain

At its AGM, Hindalco unveiled a $10 billion investment plan over five years to expand aluminium, copper and alumina operations, with its Dahej smelter set to become the largest outside China

Finance, transmission, storage key to renewable future: Experts at BS Infra

Business Standard Infrastructure Summit: Renewable energy leaders flag high cost of capital, Discoms, and storage bottlenecks as potential hurdles to growth

Renewable energy sector to transform Rajasthan: Experts at BS Samriddhi

Speaking at BS Rajasthan Samriddhi 2025, experts highlighted why Rajasthan is a solar capital and how it will generate 125 GW of renewable energy out of the country's total 500 GW target

Servotech Renewable stock jumps 7% on solar power order; check details here

Servotech Renewable's stock was trading 5.5 per cent higher at ₹131.5 per share compared to the previous session's close of ₹124.62 on the NSE

Rajasthan rides the crest of renewable energy wave, attracts investments

The state emerges as the top destination for new investment projects in Q1FY26, displacing the more advanced states of Maharashtra and Gujarat

InoxGFL to invest Rs 50,000 crore in renewable energy operations by FY29

Hybrid power projects integrate two or more energy sources -such as solar and wind - to improve overall system efficiency and reliability

ReNew cuts 18.6 million tonnes of carbon emissions in FY25 report

ReNew on Tuesday said it reduced 18.6 million tonnes (MnT) of carbon emissions in FY25 by setting up clean energy capacities. Through its water saving initiatives, the company also helped in saving over 540 million litres of water, 50 per cent more than last year, ReNew said in its Second Integrated Report. "The company helped avoid over 18.6 million tonnes of carbon emissions in FY25 and is focused on meeting its SBTi (Science Based Targets initiative) validated net-zero target, a first for an Indian pure-play renewable energy company," the report said. In FY25, ReNew achieved an 18.2 per cent reduction in Scope 1 and 2 emissions from its FY22 baseline, exceeding the annual target of 12.6 per cent and maintained carbon neutrality for the fifth consecutive year. Additionally, the company has sourced 76 per cent of its electricity from renewables, well ahead of the 2025 target of 50 per cent. Sumant Sinha, Founder, Chairman and CEO, ReNew, said, "India is in the middle of a ...

24x7 power: Nasdaq-listed ReNew set for a round-the-clock start

The last leg of the peak power project's commissioning, set up in the Koppal district of Karnataka, will include the installation of a wind turbine

India's stranded renewable projects surge past 50 GW amid delays: Report

That compared with stranded projects of over 20 GW, another letter sent by the SPDA on October 4 showed. Both letters were reviewed by Reuters

Rooftop solar plant to be installed in 10 mn households by 2026-27: Govt

Rooftop solar plants will be installed in one crore households across the country by 2026-27 under the PM Surya Ghar Muft Bijli Yojana (PM-SGMBY), Union Minister of New and Renewable Energy Pralhad Joshi informed the Lok Sabha on Wednesday. Joshi also said that the central government has taken several initiatives and has been implementing various schemes and programmes for promotion and development of renewable energy in the country. "The government launched PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) in February, 2024 for installing rooftop solar for one crore households by 2026-27 across all states and UTs in the country," he said during the Question House. The minister said the government has also been implementing Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme across all states and UTs of the country. Under the scheme, capacities are allocated based on demand received and progress shown by the states and UTs, he said. Joshi said as per study on ...

NTPC Q1FY26 results: Profit rises 11% to ₹6,108.46 crore in April-June

State-owned power giant NTPC Ltd on Tuesday said its consolidated net profit increased 11 per cent to Rs 6,108.46 crore in June quarter. NTPC, the country's largest power generation company, had recorded a net profit of Rs 5,506.07 crore in the April-June period of preceding 2024-25 financial year. The company's revenues from operations came down to Rs 47,065.36 crore in the first quarter from Rs 48,528.88 crore in the same period a year ago. However, other income increased to Rs 755.75 crore from Rs 452.80 crore year-on-year. Total expenses were at Rs 42,539.94 crore as against Rs 41,844.18 crore in the corresponding quarter of FY25. However, NTPC brought down its fuel cost (a major component in power generation) to Rs 24,973.04 crore from Rs 27,844.82 crore in the year-ago quarter. Revenue from operations for the quarter ended June 2025 included Rs 2,331.44 crore on account of sale of energy through trading. Sale of energy through trading also includes exports amounting to Rs

ICRA downgrades NIIF backed Radiance Renewables' long term rating

ICRA lowers long-term rating to A- and outlook to negative citing delayed capacity additions and increased reliance on mezzanine debt by NIIF-backed RRPL

Turning used cooking oil into diesel blending feedstock remains a challenge

India's biodiesel blending rate was at a mere 0.60 per cent in FY25, against a target of 5 per cent by 2030, largely because of limited investments and challenges in collection of used cooking oil

Serentica to source wind turbines from SANY for 336 MW Karnataka project

Renewable energy firm Serentica Renewables on Tuesday said it will procure Wind Turbine Generators for its 336 MW Wind Project in Karnataka from SANY Renewable. Delivery for the project is expected to commence by December 2025, a company statement said. Serentica Renewables has selected SANY Renewable, a leading enterprise of high-end equipment manufacturing, to supply the Wind Turbine Generators (WTGs) for its 336 MW Wind Project in Karnataka, according to the statement The project will feature advanced SANY WTGs, each with a rated capacity of 4 MW. Akshay Hiranandani, CEO, Serentica Renewables, said in the statement, "336 MW wind project in Karnataka will play a pivotal role in reducing carbon emissions while providing a reliable, renewable energy source to industrial consumers." Gaurav Amdekar, COO, SANY Wind Energy India, said, "This partnership demonstrates our shared commitment to driving the transition to a low-carbon economy and contributing to India's renewable energy ..