INDIA CLEAN ENERGY PROJECTS
India revokes grid access for 17 GW of clean energy projects, says source
India has cancelled grid access for 17 GW of delayed clean energy projects, prioritizing operational and near-completion projects amidst surging power demand. This action, impacting companies like Adani Green and ReNew Power, aims to streamline grid rules and ensure uninterrupted electricity supply. The country is striving to achieve its ambitious 500 GW non-fossil fuel target by 2030.
GMDC shares rally over 35% in September, hit fresh 52-week high intraday. What’s behind the surge?
GMDC shares surged 35.5% in September, hitting a 52-week high on strong volumes, rare earth mining optimism, and government support. Despite weaker Q1 earnings, multibagger returns, zero debt, and strategic diversification keep investors bullish, though brokerages caution over high valuations and slow lignite ramp-up.
'Build, baby, build': Canada PM's plan to counter Trump
Prime Minister Mark Carney's "Build, baby, build!" plan aims to revitalize Canada's economy amidst Trump's trade war. The new Major Projects Office will fast-track infrastructure projects, including ports, highways, and potentially a controversial oil pipeline.
Adani Power, Druk Green Power to set up a 570MW hydro power project in Bhutan
Adani Power and Druk Green Power Corporation (DGPC) have partnered to develop the 570 MW Wangchhu hydroelectric project in Bhutan, with an investment of approximately Rs 6,000 crore. This project will meet Bhutan's winter power demand and export surplus energy to India during summer.
Bhutan, India ink 570 MW Wangchhu hydropower project deal
Bhutan's Prime Minister Tshering Tobgay hailed the Wangchhu Hydropower Project agreement with Adani Power Ltd. as a historic step in Bhutan-India's clean energy collaboration. During his India visit, which included diplomatic meetings and spiritual engagements, he met with EAM S Jaishankar, reaffirming the strong partnership between the two nations.
Clean energy just 6.1 pc of Himalayan nations' supply despite huge potential: ICIMOD
A new report highlights the untapped renewable energy potential in the Hindu Kush Himalaya region, particularly hydropower, despite climate change risks. While Bhutan and Nepal lead in renewable electricity, fossil fuels dominate in other countries like India and China. The region needs infrastructure investment and technology exchange to fully utilize its clean energy resources and achieve climate goals.
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India's solar industry, aiming to compete with China, finds strength as US tariffs hit home
India is aggressively expanding its solar manufacturing capabilities to compete with China, driven by government support and growing domestic demand. ReNew's factory in Jaipur exemplifies this push, contributing significantly to India's clean energy transition. Despite challenges like U.S. tariffs and reliance on Chinese materials, India's solar industry is poised for growth, aiming for energy independence and ambitious renewable energy targets.
GST 2.0 can renew promise of renewables biz, cut power bills
The Goods and Services Tax (GST) Council decided to cut tax on renewable energy parts. Tax rate reduced from twelve percent to five percent. This will boost manufacturing and make renewable energy cheaper. Solar and wind power projects will cost less. Waaree Energies and Suzlon Group plan to pass on the benefits to consumers.
Cleantech startup QuantE Energy raises $500,000 seed funding from TDV Partners, angel investors
The startup will use the funds to expand digital onboarding, launch community solar pilots, and strengthen financing partnerships with banks, NBFCs, and CSR programmes.
15-year-old Aayush Goyal represents India on Global Expedition at North Pole on board nuclear icebreaker
Aayush Goyal, a 15-year-old student, represents India at the North Pole. He was part of Rosatom’s Icebreaker of Knowledge expedition. Aayush was selected among thousands of students globally. He explored climate change and nuclear energy. India and Russia are cooperating on the Northern Sea Route. This route is important for trade and energy.
India's tax cut on solar and wind devices to lower clean energy tariff, experts say
India's reduction of the goods and services tax (GST) on solar and wind equipment to 5% from 12% is set to decrease costs for new renewable energy plants. Experts believe this tax cut will pressure existing project developers to lower tariffs, accelerating India's transition to renewable energy sources and potentially unlocking stalled projects.
Clean energy projects installations to get cheaper due to lower tax on devices
India reduces GST on renewable energy devices. The GST Council approved the rate cut to promote green power adoption. Fuel cell vehicles and solar cookers also see reduced duties. The new rates take effect from September 22. Industry leaders expect lower project costs and increased investment. This move supports India's renewable energy targets and sustainable future.
Government cuts GST on solar and wind energy, boosting green tech adoption
The GST Council has reduced the tax on solar and wind energy equipment to 5% from 12%, while increasing the rate on coal and lignite to 18% from 5%. This move aims to boost the green energy sector by lowering project costs and encouraging wider adoption. Experts believe this could reduce solar power costs by 10-15% and stimulate domestic manufacturing.
The energy transition is now a national security issue. Just ask India
India faces scrutiny over Russian oil imports, highlighting energy security concerns. The nation heavily relies on oil imports but is more self-sufficient in electricity, mainly from coal and renewables. While oil dependence seems strong, boosted by discounted Russian oil, India is pushing for electrification and renewable energy.
Top Indian miner’s renewable plan looks at a future beyond coal
Coal India Ltd., the world's largest coal producer, is diversifying its portfolio by seeking bids for 5 gigawatts of renewable energy projects, including 3 GW of solar and 2 GW of wind. This move addresses concerns about declining coal demand due to growing renewable energy adoption and increased competition. The company aims to install 9.
Inox Green signs O&M agreements for solar projects of 189.1 MWp
According to a company statement, the pacts include 96.6 MWp with a global PE-backed Independent Power Producer (IPP) for their projects located in Maharashtra and 92.5 MWp with an IPP for their projects located in Gujarat and Madhya Pradesh. With these additions, Inox Green's solar O&M portfolio has touched 1.8 GW, taking the total renewable O&M portfolio to 5.3 GW, the statement added.
Rooftop solar can deliver significant electricity cost savings for 3.3 lakh Indian SMEs: Study
A study by WRI India highlights the need for SME clusters to adopt rooftop solar solutions to reduce high electricity bills.
Core Energy and US firm Flowserve join hands for coolant pumps in nuclear plants
Core Energy Systems and Flowserve Corporation are collaborating to manufacture primary coolant pumps (PCP) for nuclear plants in India. Flowserve received US authorization to transfer its advanced PCP technology, crucial for safe nuclear power generation. This partnership aligns with India's plans for greater private participation in the civil nuclear energy sector and its Viksit Bharat 2047 vision.
About 83% green energy switch funded domestically, need to unlock international finance: WRI India CEO
WRI India emphasizes the need to unlock international finance for India's green energy transition, as domestic funding covers 83% of the costs. Sectors like green steel and aviation require foreign investment to meet climate goals. The organization signed MoUs to accelerate clean energy adoption and electric mobility, urging MSMEs to embrace resilience and green skilling.
KNY Projects, Electrotech join hands to develop 200 MW solar power capacity
KNY Projects and Electrotech have signed an agreement to develop and commission up to 200 MW of solar power plants across Rajasthan, Uttar Pradesh, and Madhya Pradesh. Electrotech will supply core equipment, while KNY Projects will oversee project development and operations. The plants are expected to generate over 360 million kilowatt-hours annually, contributing to India's renewable energy goals.
India cuts fossil electricity output as clean generation hits new peak
India's clean electricity generation has surged by 20% in the first half of 2025, enabling a 4% reduction in fossil fuel-fired generation. This growth, driven by wind, solar, hydro, and nuclear power, is expected to push clean energy's share of the generation mix above 30% in the coming months, potentially peaking fossil fuel reliance.
IGL shares in focus after formation of solar JV with Rajasthan government
IGL shares: Indraprastha Gas Ltd (IGL) has formed a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Ltd to set up a solar power project in Rajasthan, marking its entry into the renewable energy sector.
Blackstone eyes clean energy foray with O2 Power cofounder
Blackstone may soon enter India's green energy sector. They are in talks with Parag Sharma to launch a renewable energy platform. Sharma previously sold O2 Power to JSW Energy. Blackstone plans to invest at least $500 mn in this venture. This move aligns with India's goal of 500 GW renewable energy by 2030.
Greenzo bags Jindal Stainless order for 472-tonne green hydrogen plant in Odisha
Greenzo Energy will establish a green hydrogen electrolyser project for Jindal Stainless in Odisha. The project is expected to be completed in seven months. The plant will produce green hydrogen for stainless steel production. This will help Jindal Stainless reduce its carbon footprint. Greenzo will also provide training and operational support.
The green revolution is alive and well — just not in the US
Despite US policy shifts under President Trump that aimed to dismantle clean energy initiatives, global investment in renewable energy reached a record $386.5 billion in the first half of 2025. While US investment declined, Europe saw a significant surge, attracting capital reallocated from the US.
Reliance bets big on green energy with mega solar, hydrogen moves
Reliance Industries is embarking on a comprehensive green energy strategy, aiming to establish the world's most integrated new energy ecosystem. RIL plans to significantly expand solar manufacturing, targeting 20 GW capacity, and focuses on green hydrogen production, aiming for large-scale production by 2032. The company envisions its new energy business rivaling its oil-to-chemicals sector within 5-7 years.
From oil to green power: Reliance bets on the world’s largest clean energy hub
Reliance Industries is shifting from fossil fuels to clean energy. The company plans a mega battery plant by 2026. It will build a solar project larger than Singapore. Reliance aims for 3 million tonnes of green hydrogen by 2032. Anant Ambani envisions an integrated new energy ecosystem.
PFC, JBIC ink Rs 3,500 cr loan pact to fund clean energy projects in India
Power Finance Corporation and Japan Bank for International Cooperation have formalized a loan agreement of 60 billion Japanese Yen to boost clean energy initiatives in India. This collaboration, under JBIC's GREEN initiative, aims to foster sustainable development and strengthen Indo-Japanese economic relations. A portion of the loan will support Assam Bio Ethanol Pvt Ltd's innovative bio-ethanol plant.
Waaree Solar Americas bags 452 MW solar module supply order in US
Waaree Solar Americas, a subsidiary of Waaree Energies, has secured a 452 MW solar module supply order from a major US developer for projects in FY2026-27. This deal underscores India's growing role in the global renewable energy supply chain, providing the US with a reliable alternative for achieving its decarbonization targets.
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