Renewable Enrgy

Thermax share price soars 7% on renewal energy arm stake sale buzz

According to reports, Thermax plans to divest over 51% stake in its renewable energy subsidiary First Energy, with an estimated enterprise value of ₹3,000 crore.

ReNew signs MoU with Maharashtra for ₹70,000 crore green data centre park

The proposed 750 MW integrated green data centre park will be developed across locations in the Mumbai Metropolitan Region, with operations expected to begin in 2028

India's wind power capacity may cross 250 Gw by 2035: Suzlon's Girish Tanti

Suzlon's Girish Tanti expects rising demand to prompt a higher wind capacity target, with the sector on track for 100 GW by 2030 and grid bottlenecks likely to ease

Sumitomo Corp to acquire 49% stake in HFE's 500 MW Karnataka project

Hero Future Energies will retain a 51 per cent stake in the 500 MW Karnataka project, which combines wind and solar power with large-scale battery energy storage

Adani Green Energy expands BESS capacity, achieves 70% of FY27 target

Adani Green Energy Ltd (AGEL) has expanded its operational battery energy storage system capacity to 6.63 GWh, which can store enough clean energy to power around two million homes a day. With this, the company has achieved almost 70 per cent of the company's target for FY27. The 6.63 GWh battery energy storage system (BESS) supports peak electricity demand of cities like Nagpur, Patna or Vizag for several hours. The company now accounts for more than 50 per cent of India's operational BESS capacity of about 12.6 GWh, AGEL said in a statement on Thursday. The Adani Group entity said it has achieved the 6.63 GWh milestone within 14 months of commencing on-site BESSconstruction at Khavda, and is on track to add over 10 GWh of BESS capacity in 2026-27. As of June 2026, AGEL had 3.55 GWh of operational BESS capacity. The company is targeting 50 GWh of storage capacity over the next 5 years. The BESS uses lithium-ion battery technology, integrated with an energy management systems (E

Maruti Suzuki commissions first green hydrogen plant at Manesar facility

The company's 300 kW pilot plant will use surplus solar power to produce hydrogen for manufacturing, as the automaker expands its clean-energy push

Sterling and Wilson Renewable Energy secures orders worth ₹985 crore

The orders include a 534.3 MWp project in Rajasthan and a 616 MWh turnkey BESS EPC project in South Africa, the company said

Premier Energies commissions ₹3,293 cr solar cell facility in Andhra

The 7 GW TOPCon facility at Naidupeta, developed at a capital expenditure of Rs 3,293 crore, will increase Premier Energies' total solar cell capacity to 10.6 GW

Non-fossil sources make up 54% of India's power capacity: Bhupender Yadav

Non-fossil sources in India now account for 54.18 per cent of installed electricity capacity, surpassing the 2030 target of 50 per cent, Environment Minister Bhupender Yadav said on Saturday. The minister also said India ranks third globally in renewable energy-installed capacity and is the world's second-largest solar-growth market, demonstrating that economic growth and climate action can advance together. Yadav made these comments during the inauguration of the National Green Tribunal's (NGT) two-day international conference here on "The Future of Environment and Climate Dynamics". In his address, the minister noted that India's approach to environmental responsibility is rooted in its civilisational ethos, which views the Earth as a shared inheritance and a sacred trust, and reaffirmed the country's commitment to collective action towards a sustainable, resilient and just future. Yadav also emphasised that the choice before the world is not between development and environment,

Govt allows RE projects to store, sell curtailed power via battery systems

The power ministry has allowed renewable energy projects to use curtailed T-GNA power to charge additional co-located BESS and sell the stored electricity independently

Dilip Buildcon weighs InvIT route to monetise power transmission, RE assets

Infrastructure developer may create a separate energy InvIT or place power assets under Anantam Highways as it seeks predictable, long-term cash flows through monetisation

Avaada signs pact for ₹10,000 crore green industrial campus in Hisar

The proposed 300-acre campus will run on round-the-clock renewable energy, create over 5,000 jobs and support industries seeking to decarbonise operations

RE developers may exit plain solar, high-tariff hybrid projects: MNRE secy

MNRE has asked renewable energy implementing agencies to explore ways to secure power purchase agreements for stalled projects, including by changing their profile

RE bidding activity declines to 14.7 GW in FY26 from 40.6 GW: ICRA

Renewable energy bidding slowed amid delays in signing power agreements and transmission constraints, while ICRA expects capacity addition to moderate to 45 GW in FY27

Solar power curtailment of 8,133 GWh in April-June this year: Govt

India witnessed solar power curtailment of 8133 gigawatt-hour during April-June this year as grid could not absorb excess supply during daytime, Minister of State for New & Renewable Energy Shripad Naik said on Tuesday. As per information received from Grid Controller of India Ltd, solar power curtailment and restriction are being carried out to maintain grid security and due to mismatch between commissioning of transmission lines and RE projects, he said in a written reply to the Rajya Sabha. The 8133 GWh solar power curtailment includes 2417 GWh in April, 3,235 GWh in May and 2,481 GWh in June, the minister said. In another reply, he said PM Surya Ghar: Muft Bijli Yojana (PMSG:MBY) is a demand-driven scheme wherein all residential consumers in the country, having a grid-connected electricity connection with local DISCOMs, can avail benefits of the scheme, for installation of rooftop solar systems (RTS) by applying on a national portal. Under the scheme, since its launch in ...

L&T secures TenneT deal for Europe's 2 GW offshore wind programme

L&T and Hitachi Energy will execute offshore wind transmission projects in the Netherlands and Germany, supporting Europe's clean energy and decarbonisation goals

Govt extends exemption for net metering, open access RE projects till Dec

The government on Saturday said it has extended the exemption timeline for net-metering and open access RE projects till December 31, 2026 under the ALMM-II. The ministry clarified that there will be no change with respect to the implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells. In a statement, the Ministry of New and Renewable Energy said there is no change in ALMM Policy and the government has provided extended relief window for select solar projects up to December 2026. The MNRE has decided that there will be no change in the policy of the Government of India with respect of implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells, and no blanket extension in applicability of ALMM List-II for solar power projects will be provided. However, a limited window is being provided for net metering projects and open access RE power projects, whereby such projects can now commission with exemption of ALMM .

Meta, CleanMax partner for 900 MW renewable energy capacity in India

Meta Platforms, Inc. and CleanMax Enviro Energy Solutions Ltd on Wednesday announced a partnership for over 900 MW of renewable energy capacity in India. As part of the collaboration, the companies will support the development of 837 MW of new solar and wind capacity across Rajasthan and Karnataka, a statement said. Combined with previously announced projects, the partnership now represents more than 900 MW of renewable energy capacity. CleanMax's renewable energy projects support Meta's efforts to add new generation to the grid, advance its goal of matching its electricity use with 100 per cent clean and renewable energy, and will help address Meta's value chain emissions in the region. Under the partnership, CleanMax will develop and operate 837 MW of new renewable energy capacity across Rajasthan and Karnataka, comprising large-scale solar and wind projects. Meta will purchase 100 per cent of the environmental attributes from these projects, it stated. Kuldeep Jain, Founder an

India's hidden battery fleet can become key to managing power demand

Inverter batteries, capable of charging up from a wall socket and powering a few lamps, some fans for a few hours when the power drops, are a product of decades of unstable grid power

Inox Clean to acquire Vena Energy India's 6 GW renewable portfolio

The acquisition will expand Inox Clean Energy's operating and near-operational renewable portfolio to around 4 GW and take its development pipeline beyond 12 GW