Solar

Centre to temporarily slow down renewable energy tenders, cancel unviable projects as generation outpaces absorption capacity

Ministry of New and Renewable Energy (MNRE) will cut the pace of renewable energy auctions in FY26-27 amid surplus supply and connectivity hurdles. However, India is still on track to achieve its 500 GW non-fossil fuel-based power generation target by 2030, MNRE Secretary Santosh Kumar Sarangi told Moneycontrol.

Tata Power targets data centres as new growth engine; aims 100% clean energy supply by 2030: CEO Praveer Sinha

Tata Power has 5.4 GW of projects in pipeline and we will be able to complete all this in the next two years. So, any new bid that we win will come only in the third year. This is in fact the current scenario for the entire renewable energy sector in India, which is why the government is reassessing its scale of tendering such projects, Sinha said.

Tata Power to set up 10GW solar ingot and wafer plant in India

Tata Power reported a marginal decline in its consolidated net profit for the second quarter of FY26, coming in at Rs 919.4 crore, down 0.7 percent year-on-year from Rs 926.5 crore. CEO Praveer Sinha attributed this to heavy monsoon across India which dampened electricity demand.

Power sector set for major security upgrade as Centre plans new framework against cyber threats

The draft rules states that any organization that owns, operates, manages, or interfaces with power infrastructure connected to the electricity grid will have to prepare a board-approved cyber security policy, designate a Chief Information Security Officer (CISO), and align to standards by the Power Ministry.

ISA launches global initiative to secure critical minerals from solar and battery waste

Addressing the 8th session of the International Solar Alliance (ISA), President Droupadi Murmu said by 2050, India aims not only to meet its clean energy targets but also to become a hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange.

Every fourth EV sold in India is from UP, will ramp up charging infra: UP Additional Chief Secretary

Uttar Pradesh government will soon send its proposal to the Centre for participating in the electric vehicle (EV) charging infrastructure plan under the PM E-Drive scheme.

Solarworld IPO: Can this light up you portfolio?

Robust order book, strong customer relationship to support growth

GK Energy IPO: Solid fundamentals or just another hot public issue?

Strong growth, but execution and visibility remain key risks

GST 2.0: Tax cuts to fuel India's clean energy sector as rates on parts slashed to 5%

The GST Council has also reduced the tax for hydrogen fuel cell vehicles from the current 12% to 5%

India’s supply chains resilient, not at the mercy of anyone, says Piyush Goyal

Commerce Minister Piyush Goyal reiterated that India is holding talks with the US on a bilateral trade agreement (BTA).

Hinduja group to invest $3-4 billion to triple renewable capacity to 10 GW by 2030

Its current portfolio of 3 GW is backed by long-term power purchase agreements (PPAs) with central agencies such as SECI (Solar Energy Corporation of India) and NTPC.

Vikram Solar IPO: Can the flotation glow on bourses?

The company is embracing clean energy transition, but the valuation is high

India may ease FDI norms for solar industry to attract Chinese investment, but tighten grip on IT, data

The rethink on Chinese investments into India comes at a time when the relationship between the two nations have seen a thaw in recent few weeks.

Waaree denies predatory pricing in US amid anti-dumping probe

A group of local solar panel manufacturers in the US has filed a petition alleging that companies in India, Indonesia and Laos are dumping cheap goods in the market to disrupt new American factories' business.

India-UK trade deal to boost Indian cleantech exports amid renewable energy slump in US

The UK will also support India on green hydrogen, civil nuclear energy, and offshore wind apart from helping it finance climate action.

Govt plans battery storage for thermal power plants amid renewable energy fluctuations

Operating thermal power plants at low capacity to allow higher injection of renewable energy into the grid during the day is expensive and leads to higher per unit cost of coal-fired electricity

Five reasons why silver will continue to be bullish

Silver has quietly outperformed gold with a 3.5x surge since pandemic lows, driven by industrial demand from electric vehicles and solar panels, tight supply conditions, and growing investment interest.

Critical minerals central to India-Australia partnership, defence in focus too: Austrade commissioner

Defence and aerospace are other new areas where Australia is interested in collaborating with India, Australia’s trade and investment commissioner Nathan Davis told Moneycontrol.

Electricity prices in spot market fell 26% in June as early monsoon lowered demand

India's peak power demand touched 243 GW this year, much lower than the previosuly projected 270 GW. Senior power ministry officials now expect to see the current year's peak power demand in September, courtesy an early onset of monsoon and pre-monsoon rains during summers.

India to add 8,500 MWh battery energy storage by 2027-end

The government will commission 3000 MW of pumped storage projects this year, according to Chairperson, Central Electricity Authority (CEA) Ghanshyam Prasad.

India puts an end to 100% waiver on inter-state transmission charges for solar and wind projects

'The waiver of ISTS charges will gradually be phased out until June 2028 for solar and wind projects. It is now time to boost other aspects such as battery energy storage and pumped hydro for which we are now offering 100% waiver in ISTS charges for 25 years,' a senior MNRE official told Moneycontrol.

Electricity futures can bring down the price of power in the spot market: NSE