In Short : Ørsted’s CEO stated that ongoing Middle East tensions are reinforcing Europe’s push toward offshore wind development and energy independence. Concerns over fuel supply disruptions and price volatility are prompting governments to accelerate renewable deployment. Offshore wind is emerging as a strategic solution to strengthen energy security, reduce fossil fuel dependence, and stabilize […]
In Short : Carbon capture, utilization, and storage (CCUS) continues to gain traction as supportive policies and financing initiatives offset project delays and cost challenges. Governments and investors are strengthening incentives, funding mechanisms, and infrastructure planning to accelerate deployment. Although cancellations and high capital costs persist, growing policy clarity and financial backing are sustaining long-term […]
In Short : TP Solar reported strong manufacturing performance during April–December FY26, achieving 2.9 GW of solar module output and 2.8 GW of solar cell production. The results highlight the company’s operational efficiency, growing manufacturing scale, and contribution to strengthening India’s domestic solar supply chain amid rising demand for locally produced clean energy components. In […]
In Short : India added an impressive 48 GW of renewable energy capacity in 2025, marking one of its strongest annual expansions to date. Driven by large-scale solar and wind installations, supportive policy frameworks, and rising private investment, the milestone reinforces India’s commitment to accelerating its clean energy transition and strengthening long-term energy security. In […]
In Short : IREDA CMD has called for greater focus on community-driven clean energy to sustain India’s renewable energy momentum. Emphasizing local engagement, he highlighted that decentralized projects and stakeholder participation can accelerate adoption, enhance sustainability, and ensure equitable benefits. Supporting both rural and urban clean energy initiatives is essential for maintaining India’s growth in […]
In Short : IEX reported a 25.2% year-on-year jump in Q1 consolidated profit to ₹120.7 crore, driven by a 14.9% rise in traded power volumes to 32.4 BU. Revenue increased 19.2% to ₹184.2 crore. REC trading surged 149% to 52.7 lakh certificates. Enhanced market liquidity softened prices, while DAM, RTM and green segments continued to […]
In Short : REC Ltd posted a 29% jump in Q1 net profit to ₹4,451 crore, supported by a 36% rise in disbursements to ₹59,508 crore. Total income stood at ₹12,101 crore. The strong performance reflects REC’s expanding role in financing India’s power and infrastructure sectors, with increasing emphasis on clean energy and sustainable development […]
In Short : India is seeing a surge in clean energy IPOs this fiscal, with companies preparing public issues worth ₹25,000 crore. Major players like CleanMax Enviro and INOX Clean Energy are each planning ₹4,000–5,000 crore listings. The capital raised will support growth in solar power, energy storage, and green infrastructure, aligning with the country’s […]
In Short : India recorded 1.79 lakh EV sales in May 2025, with electric two-wheelers leading at 56% share. TVS, Bajaj, and Ola dominated this segment. E3Ws and E4Ws also saw strong growth, while electric bus sales rose 19% month-on-month. Uttar Pradesh topped EV registrations among states, reflecting India’s accelerating transition to electric mobility across […]
In Short : Tesla is considering Maharashtra for its first EV plant in India as its market entry gains momentum. The company has started hiring for key roles and is in talks with Indian authorities. With potential investments of $2-3 billion, Tesla’s move could boost local economies, create jobs, and accelerate India’s transition to sustainable […]