Home » Daily Newsletter » 2030 Target No Longer Bold Enough, Look Beyond 500 GW
Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China,...
State-owned renewable energy SJVN Ltd reported a significant decline in fourth-quarter (Q4FY25) net profit despite a rise in revenue, while its full-year performance showed robust growth in top-line earnings. Revenue from operations rose 4.5% to ₹5,044 crore in the January-March quarter from ₹4,829 crore in...
Rajasthan Electronics & Instruments Limited (REIL) has issued a 30 MW EPC tender for grid-connected rooftop solar photovoltaic projects across Rajasthan. The tender includes 25 MW of rooftop solar systems on state government and public sector undertaking buildings in the Jodhpur district and a further...
SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd., has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a...
In a significant ruling for renewable energy developers, the Appellate Tribunal for Electricity (APTEL) has set aside an Andhra Pradesh state regulator’s order that had upheld the termination of a large portion of a wind power agreement in Andhra Pradesh. The tribunal ruled in favour...
Businesses in the United States (US) canceled or delayed more than $14 billion in investments and 10,000 new jobs in clean energy and clean vehicle factories since January, amid rising fears over the future of federal clean energy tax credits and policy, according to E2’s...
Diu has become a shining national example of renewable energy adoption in India, with its entire daytime electricity demand being met through solar energy, said Union Minister for New and Renewable Energy Pralhad Joshi. With an 11.88 MW capacity (9 MW ground-mounted and 2.88 MW...
Asia-Pacific countries have announced ambitious offshore wind targets, but most projects remain stuck in early stages, with few turbines yet to be installed, a new industry report shows. According to the Asia-Pacific Offshore Wind Insight Report released by the UK-based Energy Industries Council (EIC), the...
Waaree Solar Americas, a subsidiary of Waaree Energies, has received an international order for 586 MW of solar modules, the company said in a regulatory filing. The $176 million order was placed by a prominent U.S.-based developer and owner-operator of utility-scale solar and energy storage...
NLC India Renewables Limited (NIRL), a NLC India Limited subsidiary, signed a Joint Venture Agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) at Mumbai on 29th May 2025. This collaboration is key in NIRL’s expansion and foray into Maharashtra’s renewable energy...
Suzlon Group, a wind energy solutions provider, announced its fourth quarter (Q4 FY25) and annual audited results for the financial year 2024-25 (FY25). The company claims to see Highest-ever Performance in 10 years, v/s FY15. Suzlon reported Profit before exceptional items and tax at Rs...
Indian Metals & Ferro Alloys Limited (IMFA), a fully integrated ferro-alloys producer signed a long-term Power Purchase Agreement (PPA) with AMPIN Energy Utility One Private Limited. Under the terms of the PPA, IMFA will source 40 MW of contracted demand through a hybrid renewable energy...
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