In Short : Asian Development Bank (ADB) has approved a US $460 million results-based loan to support agricultural solarization in India’s Maharashtra. The programme will upgrade rural distribution networks, install battery storage and decentralised solar for farming irrigation, aim to provide daytime electricity to about 900,000 agricultural consumers by 2028 and reduce over 3 million […]
In Short : Honda Motor Co. has acquired a minority stake in India’s OMC Power to jointly develop clean energy battery systems using repurposed EV batteries. Starting 2026, OMC will reuse Honda’s detachable batteries for stationary energy storage. The partnership promotes circular economy practices, strengthens rural electrification, and supports Honda’s global carbon-neutral and sustainability goals […]
GURUGRAM, India – Sungrow, the global leading PV inverter and energy storage system (ESS) provider, has recently achieved a significant milestone — 50 GW of PV inverter shipments in India. This accomplishment solidifies Sungrow’s leadership in the Indian solar industry and underscores its commitment to contributing to a greener future. Since entering the Indian market […]
Summary: — ## ⚙️ **Key Objectives** * Facilitate the **procurement of renewable energy** to meet national RE targets. * Encourage **private sector participation** through a transparent e-bidding and e-reverse auction process. * Enable **connectivity and power evacuation** via the ISTS network. * Ensure **bankable long-term power purchase agreements (PPAs)** between SECI and successful bidders. — […]
In Short : The India Energy Transition Fund has achieved its first close at $163 million, with EIB Global committing $60 million. Managed by EAAA Alternatives, the fund aims to raise $300–500 million to invest in greenfield infrastructure and growth-stage companies across renewable energy, energy efficiency, transmission, electric vehicles, and the circular economy. The initiative […]
In Short : India added a record 34.4 GW of solar and wind capacity in the first nine months of 2025, surpassing 2024’s total additions by 71%. Utility-scale solar contributed 22.5 GW, rooftop solar 5.8 GW, and wind 4.96 GW. Total renewable capacity reached 247.3 GW. Strong government support, declining module prices, and corporate demand are driving India’s accelerated clean […]
in Short : India added 26.8 GW of power this fiscal year, with 20.1 GW from renewables, but grid expansion lags significantly. Only 1,998 ckm of transmission lines were added against a 15,382 ckm target, stranding an estimated 50 GW of renewable capacity. Underutilized corridors and intermittent generation highlight the need for robust infrastructure. Accelerated grid development is critical to […]
In Short : India is set to remain a major global hub for wind power exports through 2030, with domestic capacity projected to reach 107 GW. Supported by strong manufacturing of turbines, blades, towers, and gearboxes, the country is strengthening its renewable energy supply chain. Investments in offshore wind and technological innovation position India as a […]
In Short : India plans to launch a National Critical Mineral Stockpile to secure essential rare earth elements amid global supply chain concerns. The initiative aims to ensure uninterrupted access to minerals vital for technology, defense, and renewable energy sectors. By strategically stockpiling these resources, India seeks to enhance national security, support industrial growth, and […]