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India’s RE Sector Faces Compliance Crush With 2,700 Annual Filings

India’s renewable energy companies are grappling with a staggering volume of regulatory obligations, with a single solar power project facing over 2,700 compliance instances annually, according to a new report released by TeamLease RegTech. Titled “Decoding Compliance Management for the Renewable Energy Sector”, the report highlights the regulatory complexity hampering India’s clean energy transition, even […]

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Global Renewable Capacity Set to Triple by 2035: GlobalData

The global renewable power landscape is poised for a dramatic transformation, with installed capacity expected to surge from 3.42 terawatts (TW) in 2024 to 11.2 TW by 2035, according to data and analytics firm GlobalData. In its latest report, “Renewable Energy: Strategic Intelligence,” GlobalData highlights that the global renewable energy market has recorded a compound […]

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Green Stocks May 30: Early Rains Cool Energy Stocks

The earlier-than-expected onset of the monsoons seems to have worked to douse some enthusiasm for energy stocks in general, including green energy stocks. Combined with a weekend and month-end push to keep cash handy, saw selling pressure for all but the strongest performers today. Investors are clearly booking profits when they can after seeing the […]

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2030 Target No Longer Bold Enough, Look Beyond 500 GW

India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years.  For […]

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The Start Of The Energy Storage Era Has Arrived In India- SBI Caps

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, calling instead for a more calibrated approach, to  increasing import […]

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Bondada, Telangana GENCO Ink ₹204.2 Cr BESS Project PPA

Telangana-based Bondada Engineering has secured a letter of award from Telangana Power Generation Corporation Limited (TGGENCO) for setting up a battery energy storage system (BESS) project. It said in a regulatory filing, “We are delighted to inform you that this is a first-of-its-kind order for our company in the BESS business line.” It added that […]

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Nextracker Breaches 10 GW Mark In India

Nextracker, a global leader in advanced solar energy solutions, has announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in India—a major milestone reinforcing its market leadership and the country’s accelerating solar adoption. Nextracker has been expanding its footprint in India with a new 80,000 sq. ft. office and research and development […]

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Lower C&I Tariffs, Residential Support Can Boost RE Shift: CEEW

A new report by the Council on Energy, Environment, and Water (CEEW) and the Alliance for an Energy-Efficient Economy (AEEE) finds that power pricing reforms can drive equitable and scalable electrification. The report highlights that reforms promoting greater rooftop solar penetration in residential buildings and rationalised tariffs for commercial and industrial users are key to […]

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India Can Avoid New Coal as Renewables Surge: CREA

India may not need to build new coal power plants to meet future electricity demand, thanks to record growth in renewables and underutilised thermal capacity, a new report by the Centre for Research on Energy and Clean Air (CREA) said Thursday. According to CREA, 32.3 gigawatts (GW) of coal-fired capacity is currently under construction, and […]

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