Renewables

Green stocks are quietly beating the world’s biggest trades

The S&P Global Clean Energy Transition Index has surged close to 50% since US President Donald Trump’s April tariff announcements caused havoc across markets

EverSource Capital’s Radiance Renewables in talks with FMO, IFU to raise $100 million

The funds will be used to expand Radiance Renewables' projects and for setting up new ones to serve the growing green energy demand of its clients

OPINION | India’s path to self-reliance in rare-earth magnet supply for the future

India is pivoting towards self-sufficiency in rare-earth magnets, essential for EVs, renewables, and defence -- through policy reforms, private sector involvement, and expanding domestic mining and recycling capacities

Many wanted us dead but miracles kept us going: Naveen Jindal 

"Our objective has been to reduce debt. We want to bring debt down drastically. Going forward, our target is debt not more than 1.5 times our EBITDA. In fact, within the next few years, we want to be net debt positive. We don’t want to carry any debt," said jindal.

India's solar modules shine at 100 GW

Prime Minister Narendra Modi said the development is yet another milestone towards self-reliance.

Blackstone targets Indian infrastructure and energy opportunities, scouts for investment talent

The PE firm’s infrastructure business manages assets worth $60 billion, primarily in North America and Europe

From zero to record high stocks, how India turned around coal supplies to its power sector

Power plants are well equipped with coal for the monsoon months, according to ministry officials.

France’s Engie to invest euro 1 billion in Indian renewables this fiscal

The company plans to achieve its 7 GW portfolio target through a combination of government auctions and corporate & merchant power purchase agreements, with focus on high energy sectors

As BP, Shell scale back energy transition plans, where do Indian oil companies stand?

As the country plans to achieve net-zero emissions target by 2070, Indian oil companies have set their respective goals to cut greenhouse gas emissions. Despite ambitious plans by Indian oil companies, the projects taken up by the firms for energy transition have not picked up pace as expected.

Renewables to constitute 80 percent of our capacity, says Torrent Power's Jinal Mehta

Apart from 10 GW, the company will also add 5 GW of storage in the form of pumped hydro storage plants, Torrent Power’s managing director said

Why there are very few takers in the secondary market for India’s renewable energy assets

Investor attention shifted as lower component costs improved the economic viability of new renewable energy projects, particularly in the solar sector

India’s power ambitions could take a hit due to transformer steel shortage

India aims to add 80 GW of new thermal power capacity by 2032. Experts worry that factors such as global supply chain hiccups, copper price volatility and raw material shortages could hurt India’s scaling-up ambitions.

Govt aims to position India as global hub for export of green hydrogen: PM Modi

The green hydrogen mission would drive innovation, build infrastructure, stimulate industry growth, and attract investment in the green hydrogen sector, said PM Modi.

Why India is prioritising small nuclear reactors

Small nuclear plants could be sited on locations not suitable for larger nuclear power plants with minimal risks as compared to a conventional nuclear reactor.

Budget 2024: Power sector seeks boost to renewable energy projects and financial support for discoms

With India’s aim of achieving 50 percent cumulative installed power generation capacity from non-fossil fuel sources by 2030, the government has been inclined towards increased spending in the renewables sector.

ReNew gets $1 billion loan from Societe Generale for energy transition projects

The MoU would support the financing and development of large-scale energy transition projects in India and globally, the company said in a press release

Coal share in India’s electricity mix drops below 50% for first time since 1966: Report

The decline mirrors a global trend, with demand for coal in G7 countries plumbing record lows in 2023, levels not seen since 1900, said IEEFA, JMK Research & Analytics and Ember, an energy think tank, in a joint press release.

Tata Power confident on solar business; to add more consumer under PM Surya Ghar Yojna

The solar business has done “exceedingly well” and as the demand for power grows, Tata Power said it will work towards ensuring all its plants operate at full capacity, including coal-based plants and renewables

NTPC Green shortlists four i-banks for Rs 10,000 crore IPO

The IPO proceeds will be used by the company to fund ongoing and future solar energy, green hydrogen and green ammonia capex plans.

India’s green hydrogen value chain a $125-billion investment opportunity by 2030: Avendus Capital

Renewable energy production is expected to generate investment opportunities worth almost $80 billion by 2030

How India's struggle to meet renewables target is firing up its coal sector

The government now expects coal demand to increase by about 50 percent between now and 2030, when it’s set to hit 1.5 billion metric tons. If renewables don’t get built, that may be the only way to avoid blackouts and meet India’s inexorably rising demand for power