Renewable Enrgy

India's clean energy firms seek better weather data as rules tighten

The draft framework aims to gradually narrow the permissible gap between the amount of electricity producers commit to supply and what they actually generate and was due to come into effect from April

India to become fastest-growing renewable energy market by 2030: WEF

A World Economic Forum report says India will lead global growth in renewable capacity and generation through 2030, driven by higher clean-energy investment and policy support such as PLI schemes

ADB approves $650 mn loan to boost India's rooftop solar rollout by 2027

Multilateral development bank ADB has approved a USD 650 million (about Rs 5,780 crore) policy-based loan to help the Government of India accelerate rooftop solar adoption and expand access to clean, affordable energy for 10 million households by 2027. The financing under Subprogram 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program will support the government's flagship initiative Pradhan Mantri Surya Ghar: Muft Bijli Yojana (PMSGMBY) which aims to make rooftop solar systems widely accessible nationwide, ADB said in a statement on Tuesday. The programme is accelerating India's clean energy transition by removing long-standing barriers to rooftop solar adoption, including financing constraints and regulatory gaps, ADB Country Director for India Mio Oka said. It is making rooftop solar affordable and accessible for millions of households while creating green jobs, empowering women, and strengthening the financial health of the power sector, she

India will soon have fully domestic supply chain in solar: ReNew CEO

There are a few reasons why we chose Andhra Pradesh for our investments. It is blessed with good renewable energy resources, said Sumant Sinha

TotalEnergies likely to sell 6% stake in Adani Green for ₹10,200 crore

The French company had acquired a 19.75 per cent stake in AGEL in January 2021 for around $2.5 billion as part of its strategy to strengthen its renewable energy footprint in India

Utilising 7.3 mn tonnes of straw can produce energy worth ₹270 cr: IBA

The use of 7.3 million tonnes of paddy straw currently burnt by farmers in the biogas plants can produce renewable gas worth about Rs 270 crore per year, said the Indian Biogas Association (IBA) on Sunday. The latest anaerobic digestion processes can efficiently convert this agricultural residue into Compressed Bio-Gas (CBG), which can directly replace imported natural gas, an IBA statement said. Beyond energy, paddy straw is excellent for bioethanol production because of its 40 per cent cellulose content, it added. It has the potential to achieve import substitutions worth Rs 1,600 crore, the IBA claimed. Even the remaining 20 per cent lignin fraction can yield high-value products, such as polymers, activated carbon, Graphene and resins, it added. According to the statement, diverting only the 7.3 million tonnes of paddy straw currently burnt to biogas plants can produce renewable gas worth about Rs 270 crore per year. "This policy is likely to attract investments of Rs 37,500 c

CERC lets discoms seek tariff relief following GST rate cut on RE projects

GST reduction from 12% to 5% on RE inputs qualifies as change in law; benefits must be passed through to buyers

RE leads charge as Andhra bags ₹13 trn investment proposals at CII summit

Andhra Pradesh drew Rs 13.25 trillion investments at the CII Partnership Summit, with renewables taking the largest share as global players commit to big-ticket projects

Andhra seals $12 bn Brookfield investment deal for green energy projects

Brookfield is one of the world's largest investors in renewable power, with about 46 gigawatt (GW) of installed capacity and a development pipeline of approximately 200 GW

ReNew to invest Rs 60,000 cr in Andhra in multiple green energy projects

Company's plans include green ammonia, hybrid renewable facilities

India to be the world's largest driver of energy-demand growth by 2035: IEA

India's energy demand will rise by over 15 exajoules by 2035, nearly matching the combined growth of China and Southeast Asia, driven by rapid urbanisation and clean-energy investment

Tata Power to invest ₹25,000 crore in renewable projects by FY27

Tata Power will set up 4 GW of new renewable capacity by FY27, explore 10 GW ingot and wafer manufacturing, and develop a 1,125 MW hydro project in Bhutan

The world faces action and inaction against climate: What will win?

For the first time, renewable energy has overtaken coal as the primary source of electricity in the first six months of 2025

ReNew secures $331 mn funding from ADB for Andhra renewable energy project

ReNew had, in April 2025, announced a $2.5 billion investment to develop a 2.8 GW hybrid renewable energy complex in Andhra Pradesh - one of India's largest projects at a single location

India shifting from fuel importer to exporter, says Nitin Gadkari

Union minister Nitin Gadkari on Friday said India is transitioning from a fuel-importing to a fuel-exporting nation, driven by the growing production and use of ethanol, methanol and green hydrogen. Gadkari, addressing the 84th annual session of the Indian Roads Congress (IRC), emphasised the government's commitment to road safety, focusing on advanced engineering standards, intelligent transport systems, and awareness initiatives. India is transitioning from a fuel-importing to a fuel-exporting nation, driven by the growing production and use of ethanol, methanol, bio-LNG, CNG, and green hydrogen, he said. India is the fastest-growing economy in the world. The dream of our Prime Minister is to make India the third-largest economy. Our mission is to make the country a Vishwaguru'. For that, we need world-class infrastructure in the water, power, transport, and communication segments, the Union Road Transport and Highways Minister said. Gadkari said the government's aim is to build

Rapid renewables rollout vs demand mismatch driving up power costs: CEA

The country achieved 50% of its installed electricity capacity from non-fossil fuel sources earlier this year

Overcapacity in solar manufacturing to impact firms' profitability: ICRA

India's solar module capacity is set to reach 165 GW by March 2027, creating overcapacity that could pressure smaller players' margins, ICRA said in a new report

Viability gaps threaten to trip India's race to secure critical minerals

While the auction of mines has attracted aggressive bidding - with many willing to pay high premiums - how many of those will actually be commercially viable remains to be seen

Goldi Solar raises ₹1,422 crore from investors to boost capacity expansion

Gujarat-based Goldi Solar, which looks to increase domestic solar module capacity, has raised over Rs 1,400 crore in funding from a clutch of investors, including Havells India and Zerodha co-founder Nikhil Kamat. "The amount raised from our investors will be utilised to support our future capacity expansion plans in the country," Goldi Solar founder and Managing Director Ishver Dholakiya said in a telephonic conversation. The funding has been closed over a period of six months after an evaluation, he said. In a statement, Goldi Solar said it has secured a landmark growth capital infusion led by Havells India, alongside a distinguished consortium of high-net-worth individuals (HNIs), institutional, strategic, and prominent investors. The company has raised a total of Rs 1,422 crore from multiple investors, which includes consumer electrical goods maker Havells India and Kamath, who is the co-founder of the brokerage Zerodha. Other prominent investors and family businesses are Ambi

Over 40 GW of RE projects in process of signing power purchase pacts

With over 40 gigawatt of renewable energy projects being in advanced stages of signing power purchase pacts, India's non-fossil fuel based power generation capacity is soon to reach 300 GW, an official statement said on Wednesday. As on September 30, India's non-fossil fuel based capacity stood at 256 GW including 50 GW of large hydro and 8.78 GW nuclear power. According to the statement, more than 40 gigawatt of renewable energy projects are in advanced stages of signing power purchase agreements, power sale agreement and securing transmission connectivity. The additional projects will take the country's total non-fossil fuel based electricity generation capacity to around 300 GW, adding to the goal of having 500 gigawatt (GW) of renewable capacity by 2030, it said. An official source had earlier said that the execution of around 40 GW of already awarded renewable energy projects has been stalled in the absence of power purchase agreements (PSAs). "India's renewable growth remain