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Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps

Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […]

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CleanMax, Toyota Tsusho To Supply 300 MW RE To Japanese Firms In India

CleanMax, a Brookfield-backed company, and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership. TTIPL, a subsidiary of Toyota Tsusho Corporation, Japan, and a member of the Toyota Group’s new partnership entity, aims to leverage synergies between both companies to develop and operate 300 MW of renewable energy projects for corporations by March […]

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Geothermal Investment Surges 85% in Q1: Wood Mackenzie

Investment in North America’s geothermal sector surged to a record US$1.7 billion in the first quarter of 2025, marking an 85% increase over the full-year total for 2024, driven by breakthrough technologies that expand geothermal potential beyond traditional locations, Wood Mackenzie said in a report on Monday. The energy consultancy’s latest Geothermal Market Update highlights […]

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Govt To Incubate Startups Targeting Indian Green Market

The National Institute of Solar Energy (NISE), in collaboration with the National Solar Energy Federation of India (NSEFI) and the Atal Incubation Centre at IIT Delhi’s Sonipat Innovation Foundation, has launched a call for proposals to incubate renewable energy (RE) start-ups, the Ministry of New and Renewable Energy said. The initiative aims to accelerate domestic […]

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Adani Green’s Operational Renewable Capacity Crosses 15 GW

Adani Green Energy Ltd (AGEL) has surpassed 15 GW of operational renewable energy capacity, reaching 15,539.9 MW. The company said in a stock exchange filing that the capacity was achieved through its various step-down subsidiaries, as detailed in Annexure A. AGEL added that it had operationalised 1,011.5 MW of projects at Khavda, Gujarat, from the […]

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Rayzon Files for INR 1,500 Cr IPO to Expand Manufacturing

Rayzon Solar, a Gujarat-based solar module manufacturer, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO) worth INR 1,500 crore. The issue will be entirely a fresh equity offer, with no Offer For Sale (OFS) component by the promoters. The […]

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CERC Draft Sets 2032 Deadline For 100% ISTS Waiver On Offshore Wind

The Central Electricity Regulatory Commission (CERC) has issued the Fourth Amendment to the Sharing of Inter-State Transmission Charges and Losses Regulations, 2025, introducing key updates to Regulations 12 and 13 of the principal regulations. The amendment waived interstate transmission charges (ISTS) to the Wind, Solar, Energy Storage (ESS), and Pumped Storage Project (PSP) projects. This […]

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Sahibabad Gets Its RE-Fueled Green Data Center

Uttar Pradesh Chief Minister Yogi Adityanath and Union Science and Technology Minister Dr. Jitendra Singh laid the foundation stone for a Green Data Centre in Sahibabad, a ₹1,000-crore project aimed at boosting India’s digital infrastructure and environmental sustainability. The 30-megawatt facility, a joint initiative between Central Electronics Limited (CEL) — a Government of India PSU […]

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Premier Energies Eyes BESS, Inverter Biz To Diversify Growth

Indian solar cell and module manufacturer Premier Energies is venturing into battery energy storage systems (BESS) and the inverter business, as it looks to diversify its clean energy portfolio and boost profitability, top executives said during the company’s latest investor call. The firm, which has launched an ambitious “Mission 2028” to build a fully integrated […]

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