Page 7 - Renewable Energy

Adani Energy Solutions soars 5%, hits over 3-year high; here's why

In the past six months, Adani Energy Solutions stock zoomed 61 per cent as against a 13.3 per cent dip in the BSE Sensex.

India shouldn't let headwinds cloud its growth potential: Citi's Fraser

Citi Chair and CEO Jane Fraser says India remains the world's fastest-growing major economy and should stay focused on its long-term growth trajectory

Suzlon broadens clean energy portfolio with battery storage plans

The ongoing conflict in the Middle East is adding financial pressure on India, a large importer of fuels whose circulation depends on the region

India's tougher grid rules unsettle investors, test clean energy ambitions

Industry groups estimate the tougher regime could cut revenue by about 11 per cent for solar projects and as much as 48 per cent for wind farms

Suzlon plans integrated wind-solar-storage business: Vice-Chairman

Suzlon plans to evolve into a wind-solar-storage solutions provider, targeting integrated renewable projects, asset management growth and global expansion

Lao deputy PM pitches strategic partnership to Indian businesses

Deputy Prime Minister Thongsavan Phomvihane highlighted Laos' strategic location, policy reforms and incentives as he sought greater Indian investment and business partnerships

RE targets may create 4.4 mn jobs by 2030, rooftop solar to lead: Study

Rooftop solar creates more jobs because it has to be installed in homes, shops and buildings, unlike large RE projects that are built at a single site

Why India's new industrial index matters more than ever to growth

With a 2022-23 base year, the revamped IIP captures emerging industries, renewable energy and changing production patterns more accurately

Solar industry split as locally made cell mandate kicks in on Monday

Mandatory domestic sourcing of solar cells takes effect from June 1, testing project economics while boosting India's manufacturing ambitions

Avaada Group plans to add 5GW renewable projects in FY27: Chairman

Avaada Group is looking to add renewable energy projects totalling 5 gigawatt (GW) in the current financial year as the company has signed PPAs and received connectivity approvals for the upcoming capacities, a company executive said. The group was able to add 2 GW of renewable energy projects during the last financial year, said Chairman Vineet Mittal. Another 1-2 GW capacity could have been added in FY26 but due to issues related to signing of PPAs and transmission infrastructure , the company was unable to do so, he noted. "Last year we could have brought 1-2 gigawatts more, but due to delays in the signing of PPAs and delays in full readiness of the transmission system, we had to align our commissioning schedule with the readiness transmission system," Mittal said in reply to a question if his company had to push timelines for planned capacities due to transmission and grid connectivity issues. With addition of 5GW, the company's overall operational capacity will reach 12GW by

Best of BS Opinion: Water stress, IIP reforms, and the Quad's quandary

Today's BS Opinion examines India's deepening water stress, the revised IIP framework, Middle East-linked growth risks, the Quad's evolving strategy, and a review of The Liver Doctor

India's energy investment likely to reach $170 billion in 2026, says IEA

The IEA said India's energy investment growth has been driven by solar, coal, transmission and battery storage infrastructure expansion

Power stocks surge on strong order books, demand outlook and earnings

Shares of power companies surged as investors cheered strong order books, renewable energy demand and robust earnings visibility across the sector

Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks

Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.

Worsening climate change main culprit behind India's extreme heat: UN

The ongoing extreme heat across large parts of India is primarily driven by worsening climate change caused by the massive burning of coal, oil, and gas, UN climate chief Simon Stiell said on Wednesday. He also highlighted the severe human and economic impact of the heatwave, particularly on people living in homes without cooling facilities and those working long hours outdoors. "These extremes drive home the importance of measures to adapt to climate impacts, globally," said Stiell, the executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC), in a statement. His remarks came as the India Meteorological Department (IMD) on Wednesday said heatwave to severe heatwave conditions were likely to persist over central and northwest India for the next two to three days. The soaring temperatures have also led to a record-breaking power demand across the country. Peak power demand touched 257.3 GW on May 18, 260.4 GW on May 19, 265 GW on May 20, and a record

Karnataka plans sops for data centre cooling solution providers

The Karnataka government is considering incentives for firms developing sustainable data centre technologies, including low-water cooling systems and renewable energy integration

Premier Energies promoters divest 5.3% stake; JM launches pvt credit fund

The appointments of Saurabh Shukla and Gopalan S Raghavan as executive directors (ED) at BSE come after a regulatory mandate to strengthen governance of exchanges and other market institutions

Premier Energies promoters divest 5.3% stake; JM launches pvt credit fund

The appointments of Saurabh Shukla and Gopalan S Raghavan as executive directors (ED) at BSE come after a regulatory mandate to strengthen governance of exchanges and other market institutions

No blanket extension of ALMM list for solar cells beyond June 1, says MNRE

Under the existing framework for ALMM List-II for solar PV cells, net-metering projects and open-access projects commissioned before June 1, 2026, are exempt

Karnataka may offer sops for innovative data centre cooling solutions

Karnataka's upcoming data centre policy may incentivise firms developing innovative cooling, renewable energy and cable landing station solutions