Page 2 - Renewable Enrgy

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

India-led solar project powers 12 public buildings in 10 Pacific nations

India, in collaboration with the United Nations, has extended green energy solutions to 10 Pacific island nations by providing solar power to 12 public buildings, the Indian mission to the UN has said. The initiative was implemented under the USD 150 million India-UN Development Partnership Fund. The Permanent Mission of India to the United Nations in a social media post on Tuesday said the Fund is "offering green solutions". "Solar energy has been provided to 12 public buildings across 10 Pacific nations. 74 local technicians have been imparted training under the project," it said. The United Nations Office for South-South Cooperation (UNOSSC) in a social media post said the project has trained 74 local technicians, benefiting over 16,500 people and helping avoid nearly 9,600 tonnes of carbon dioxide emissions over 25 years. The UNOSSC on its website underlined that the Fund has played a pivotal role in supporting clean energy interventions across the developing world, particular

ACME Solar, Tata Power sign PPA for 50 MW firm and dispatchable project

ACME Solar Holdings on Friday announced signing an agreement with Tata Power Company Ltd for a 50 MW firm and dispatchable renewable energy project. An FDRE project integrates advanced solar, wind and battery energy storage systems (BESS) to enable reliable energy dispatch during peak demand. In a statement, ACME Solar Holdings said its "SPV has signed a 25 years Power Purchase Agreement (PPA) with the Tata Power Company Limited (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project on 16 October 2025." The project was awarded in September 2025. The PPA has been signed at a tariff of Rs 4.43 per unit for a minimum annual Capacity Utilization Factor (CUF) of 40 per cent and four hours of peak-hour supply with 90 per cent availability on a monthly basis. This project would combine multiple renewable energy technologiesincluding Solar and Battery Energy Storage System (BESS) to meet the supply obligations as per the PPA. With this, the company has signed PP

Sterling and Wilson Renewable Energy reports ₹477.62 cr loss in Q2

Sterling and Wilson Renewable Energy on Friday reported a consolidated net loss of Rs 477.62 crore in the September quarter, due to an exception item of Rs 580.10 crore during the period under review. The company posted a consolidated net profit of Rs 8.57 crore in the quarter ended on September 30, 2024, a BSE filing showed. Last year, a wholly owned subsidiary (WOS) company of the group terminated a contract with a major subcontractor in a particular geography for delays and default of its obligations under the contract, the statement said. During the quarter, an arbitral tribunal passed an interim award in this matter whereby the claims made by WOS, totalling Rs 485.64 crore (USD 55.06 million), considered recoverable were dismissed, and the subcontractor has been granted a claim amount of Rs 56.80 crore (USD 6.44 million) plus interest. Accordingly, it stated that during the quarter, the group had charged off Rs 580.10 crore (including estimated legal cost) in the statement of

Hinduja Renewables appoints Deepak Thakur as CEO amid clean energy push

Hinduja Renewables said Thakur has over 30 years of experience in renewables, infrastructure, industrial products and electronics, with senior roles at Mahindra Group, Reliance and others

India added record 34.4 Gw solar, wind power capacity in 9 months of 2025

The country's overall renewable energy installed capacity reached 247.3 Gw at the end of September