In Short : Investor interest in stressed green power assets is increasing, driven by the potential for high long-term returns and government support for renewable energy. Buyers are targeting financially or operationally challenged projects, seeing opportunities to optimize performance and scale capacity. The trend highlights confidence in the resilience of the renewable energy sector and […]
In Short : Adani Green Energy shares rose over 3% after reporting a 31% year-on-year jump in Q1 profit to ₹824 crore. Revenue from power supply climbed 31% to ₹3,312 crore, driven by a 45% rise in operational renewable capacity to 15.8 GW. Strong energy sales and efficient operations boosted investor confidence in the company’s […]
In Short : China’s wind and solar power capacity has surpassed thermal power for the first time, reaching 1,482 GW by March 2025. Despite this milestone, renewables contributed just 22.5% to electricity consumption due to grid challenges. Meanwhile, China continues expanding coal power, risking its 2030 carbon peak and 2060 neutrality goals. Renewable growth remains […]
In Short : Delhi’s power demand hit a seasonal high of 5,462 MW amid soaring temperatures. Authorities expect it could peak at 9,000 MW this summer. To manage the load, real-time monitoring systems, power purchase reviews, and AI-driven forecasting have been deployed. Discoms are also securing 2,100 MW of green energy to ensure uninterrupted supply […]
In Short : India’s per capita CO2 emissions are among the world’s lowest, despite being a major energy consumer, as its renewable energy capacity surges. With ambitious targets like 500 GW of renewables by 2030, solar and wind projects are driving growth. Government initiatives, including the International Solar Alliance and EV promotion, underscore India’s commitment […]
Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility and inability […]