Page 2 - Renewable Enrgy

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

DMRC invites bids to procure 500 MU renewable energy for low-carbon ops

In a move aimed at increasing its reliance on clean energy, the Delhi Metro Rail Corporation (DMRC) has invited bids for the supply of 500 million units of renewable energy annually to power its operations, officials said on Sunday. According to a statement, the DMRC is seeking to select a 'solar power developer' to set up a grid-connected captive generating plant along with a battery energy storage system (BESS) anywhere in India. The energy produced will be supplied to the DMRC under a 25-year power purchase agreement, with the project expected to be completed within 15 months of award, it said. At present, Delhi Metro meets about 33 per cent of its power demand from renewable sources. It procures around 350 MU annually from the Rewa Solar Park in Madhya Pradesh and generates 40 MU from rooftop solar installations across its stations, depots, and residential complexes, the statement said. During daytime operations, the share of renewable energy reaches nearly 65 per cent, it ...

Slow bidding for renewable energy projects threatens climate goals

A capacity of around 40.2 Gw was auctioned in FY25, following a record 47.3 Gw in FY24, according to Icra Research, based on government data

Govt mandates import registration for key renewable energy components

The government on Friday made it mandatory for importers of certain products which are exclusively used for solar energy projects to register on the renewable energy equipment import monitoring system. These products include toughened (tempered) safety glass and photosensitive semiconductor devices, including photovoltaic cells. A similar condition will also apply for imports of certain items having end-use in the area of wind-operated electricity generation. It included towers, bearing housings, gears and gearing. The import policy conditions of these items will come into effect from November 1, the Directorate General of Foreign Trade said in a notification. It said this policy condition will apply to imports through air cargo, sea cargo and land route. In a separate notification, the DGFT said that import of Sulfadiazine API (Active Pharmaceutical Ingredient) having a CIF (cost, insurance, freight) value of less than Rs 1,774 per kg, is restricted till September 30, 2026, with

Solar, wind power grew faster than electricity demand this year: Report

Worldwide solar and wind power generation has outpaced electricity demand this year, and for the first time on record, renewable energies combined generated more power than coal, according to a new analysis. Global solar generation grew by a record 31 per cent in the first half of the year, while wind generation grew by 7.7 per cent, according to the report by the energy think tank Ember, which was released after midnight Tuesday London time. Solar and wind generation combined grew by more than 400 terawatt hours, which was more than overall global demand increased in the same period, it found. The findings suggest it is possible for the world to wean off polluting sources of power even as demand for electricity skyrockets with continued investment in renewables including solar, wind, hydropower, bioenergy and geothermal energies. That means that they can keep up the pace with growing appetite for electricity worldwide, said Malgorzata Wiatros-Motyka, senior electricity analyst at

Govt asks agencies to scrap RE bids that flouted local manufacturing rule

MNRE asks agencies like SECI, NTPC and SJVNL to cancel tenders with short timelines that bypassed the ALMM mandate on locally manufactured solar cells

Tata Power arm to invest ₹1,200 cr to develop 80 MW FDRE renewable project

Tata Power Renewable Energy Ltd (TPREL) has signed a power purchase agreement with Tata Power Mumbai Distribution to set up an 80 MW FDRE project at Rs 1,200 crore. An FDRE (Firm and Dispatchable Renewable Energy) project integrates advanced solar, wind and battery storage systems to enable reliable energy dispatch during peak demand, thereby strengthening grid stability. The time period for project execution is 24 months, Tata Power, the parent company of TPREL, said in an exchange filing. On the broad size of the order, the company said the capex is about Rs 1,200 crore. In a separate statement, Tata Power said the project is expected to generate approximately 315 million units (MUs) of electricity annually, mitigating over 0.25 million tons of carbon dioxide emissions per year. A key feature of this initiative is the commitment to a 4-hour peak power supply, ensuring at least 90 per cent availability during peak demand hours to support the growing energy needs of Tata Power Mum

India needs to be self-reliant in rare earth element production: Prez Murmu

President Droupadi Murmu said on Friday that India should achieve self-reliance in production of rare earth elements, given the current geopolitical situation. This would help India achieve its target of becoming a developed nation and play an important role in ensuring the security of the country, Murmu said while speaking at the National Geoscience Awards 2024 here. "Seeing the current geopolitical situation it is very important that India becomes self-reliant in production of rare earth elements," she said. These elements are not rare because their availability is scarce but the process to identify these elements is very complicated, she said, adding that the development of indigenous technique will help complete this complicated process. President Murmu said this is the age of artificial intelligence, semiconductior, and clean energy technology. Rare earth elements are essential in smartphones, electric vehicles (EVs), and renewable energy technologies. Rare Earth Elements (R

ReNew Energy cuts solar module and cell prices as GST rates fall to 5%

ReNew Energy Global Plc (ReNew) has reduced rates of its solar modules and cells in line with lower GST slab taking effect from Monday. Earlier this month, the GST Council approved slashing GST rates on a number of items. The council recommended the duty on renewable energy products to be reduced to 5 per cent from 12 per cent to help the industry shift towards green power. In a statement, ReNew announced price reduction in its solar modules and cells, effective September 22. This development will translate into substantial savings for utility-scale developers, rooftop solar consumers, and farmers under flagship schemes like PM Surya Ghar Muft Bijli Yojana and PM-KUSUM, further democratizing access to clean energy. Sumant Sinha, Founder, Chairman and CEO of ReNew, said, "As India's largest integrated solar manufacturer, we believe this move will catalyze adoption across segments from large-scale developers to rooftop consumers and farmers." ReNew's clean energy portfolio of 18.2 G

India's renewable story needs better forecasting, stronger infrastructure

The devastating floods across northern India turned the spotlight on the fact that a surfeit of water is as disastrous as a scarcity of rain

Adani, Ambani race to lead mega energy transition: Bernstein Research

Bernstein says Mukesh Ambani and Gautam Adani are racing to transform Kutch's barren salt flats into the backbone of India's energy transition with massive clean power projects

Factories flip the switch on power bills: Cheapest energy in 20 years

Renewables and captive plants cut costs below 2% of sales

GST revamp: Generation cost of solar plants may drop by 10 paise per unit

The GST rationalisation is expected to lower solar power generation costs by 10 paise per unit & reduce wind energy generation costs by Rs 15-17 paise per unit, accelerating India's energy transition

ACME Solar secures 50 MW dispatchable renewable project from Tata Power-D

ACME Solar Holdings on Wednesday said it has secured a 50 MW Firm and Dispatchable Renewable Energy project from Tata Power-D. The FDRE tender was floated under tariff-based competitive guidelines (TBCB) for which an e-reverse auction was conducted on August 13, 2025, a company statement said. ACME Solar Holdings Ltd has received a Letter of Award (LoA) for a 50 MW Firm and Dispatchable Renewable Energy (FDRE) project at a tariff of Rs 4.43 per unit under a 250 MW FDRE tender floated by Tata Power Company Limited (Tata Power-D), according to a statement. Tata Power-D is a licensed electricity distribution company and is a part of Tata Power Company Ltd. The project will be required to maintain a minimum annual CUF (Capacity Utilisation Factor) of 40 per cent and ensure four hours of peak-hour supply with 90 per cent monthly availability. The project would combine multiple renewable energy technologies, including solar and Battery Energy Storage System (BESS), to meet the supply ..

Companies line up RE projects worth ₹43,358 crore in Andhra Pradesh

Andhra Pradesh cleared Rs 43,358 crore of renewable projects totalling 2,600 MW under its ICE Policy, with major investments from Navayuga, Serentica, Hexa, and Brightfuture

India's wind energy capacity set to reach 107 GW by 2030, says GWEC

India's wind energy capacity is estimated to reach 107 GW by 2030, compared to the government target of 100 GW, according to a report by the Global Wind Energy Council (GWEC) released on Tuesday. The latest report, Wind at the Core: Driving India's Green Ambitions and International Influence, was unveiled in the presence of New & Renewable Energy Secretary Santosh Kumar Sarangi. The report details how installed wind capacity in India can more than double from 51 GW at present to 107 GW by 2030, in line with state-level Resource Adequacy Plans (RAP). This is pivotal to help India achieve the least cost pathway for a successful energy transition. Further, reports from organisations like NREL, IEA, WRI, and Lawrence Berkeley recommend even higher wind capacity (121-164 GW) by 2030. Addressing grid concerns, strengthening RPO compliance, and aligning bidding processes with state offtake needs could push installations toward the full potential, the report stated. On the occasion, ...