In Short : JSW Energy plans to invest ₹14,000 crore to expand O2 Power’s renewable energy capacity from 1.3 GW to 4.7 GW by June 2027. Following its ₹12,468 crore acquisition in 2024, JSW aims to operationalize 2,259 MW by mid-2025. This expansion supports JSW’s goal to reach 20 GW capacity by 2030, advancing India’s […]
In Short : Union Minister Pralhad Joshi stated that the government is in discussions with multiple states to finalize power purchase agreements (PPAs) for 40 GW of renewable energy. This move supports India’s target of 500 GW of renewable capacity by 2030. The announcement came during the launch of a solar PV module testing facility […]
In Short : India added a record 25 GW of renewable energy capacity in FY25, a 35% rise from the previous year, as announced by Minister Pralhad Joshi. Solar led the growth, contributing 21 GW. India’s total non-fossil capacity reached 214.677 GW. The nation remains committed to its 500 GW renewable target by 2030 despite […]
In Short : India added 18.83 GW of renewable energy capacity between April and December 2024, driven by significant solar and wind installations. This increase brings the country’s total renewable capacity to around 209.44 GW, aligning with its goal of 500 GW of non-fossil fuel-based capacity by 2030. Solar energy leads the growth, contributing 47% […]
In Short : India’s renewable energy (RE) capacity achieved a robust 14.2% year-on-year growth, driven by advancements in solar, wind, and other sustainable energy sectors. This growth underscores India’s commitment to transitioning to green energy, bolstering its climate action goals, and enhancing energy security. The expansion aligns with global efforts to combat climate change and […]
In Short : Moody’s estimates that India requires an investment of $190-215 billion to achieve its 500 GW renewable energy capacity target. This substantial funding will be crucial to meeting the country’s ambitious clean energy goals and supporting sustainable development. In Detail : Investments of $190-215 billion will be needed to achieve the target of […]
In Short : Amplus Solar is targeting a renewable energy capacity of 2 GW by December. This ambitious goal underscores the company’s commitment to expanding its renewable energy portfolio, contributing significantly to India’s clean energy transition and sustainability goals. In Detail : The company also intends to expand its business across states, including Maharashtra, Karnataka, […]
Greenko Group and aluminium maker Hindalco Industries have entered into an agreement to set up a green energy project that will have a capacity of 375 MW-400 MW in Odisha New Delhi: Renewable energy company Greenko Group and aluminium maker Hindalco Industries have entered into an agreement to set up a green energy project that […]