Reliance Power to raise INR 9,000 crore via QIP, FPO and NCDs
Reliance Power has approved plans to raise up to INR 6,000 crore via a Qualified Institutions Placement (QIP), follow-on public offer (FPO), or a combination of both. The company also plans to raise up to INR 3,000 crore through the issuance of non-convertible debentures (NCDs).
Mufin Green Finance raises $6.5 million from Developing World Markets to accelerate EV and clean energy financing in India
The funds will mainly be used for EV loans and leases, while also financing EV batteries, charging infrastructure, and solar panel installations for residential and commercial & industrial (C&I) projects.
NHPC allocates 1.2 GW of solar-plus-battery storage at INR 3.13/kWh
Reliance Infrastructure secured the largest slice of 390 MW. Other winners include PNC Infratech and SAEL Industries (300 MW each), JBM Renewables (150 MW) and Navayuga Engineering (60 MW).
Meeting evening peaks with clean power requires a three-pronged strategy: IEEFA
The persistent evening peaks, which now nearly match daytime highs, reinforce the urgency of deploying storage solutions, demand-side measures and hybrid renewable projects to meet post-sunset demand.
“Energy storage will account for half our business within three years”: Geon vice president
Khushi Kabra, Vice President–Strategy at Geon (formerly Battrixx), speaks to pv magazine on pivoting from electric vehicle (EV) batteries to building a strong foothold in the energy storage space.
Australia’s green hydrogen plan faces water shortage
Green hydrogen is touted by some as the future – a way for Australia to slowly replace its reliance on fossil fuel exports. The energy-dense gas has the potential to reduce emissions in sectors challenging to decarbonise, such as steelmaking and fertiliser manufacturing.
The Hydrogen Stream: IIT Madras, Hyundai to launch green hydrogen innovation centre
Hyundai Motor India Ltd (HMIL), in collaboration with IIT Madras, will establish a 65,000 sq. ft. green hydrogen innovation centre in Chennai, enabling research, development, and deployment of hydrogen technologies.
Tata Power inaugurates green energy skilling centre in Delhi
Tata Power’s Green Energy Skill Centre will impart training in renewable energy technologies, including solar PV system installation, commissioning and operation and maintenance, energy storage, pumped hydro storage, and electrical safety to prepare future-ready green energy workforce for the country’s energy transition.
India’s emerging role in EV battery recycling: Creating a circular economy
India is well-placed to advance the e-mobility circular economy in Asia against the backdrop of the fast-growing market and recycling strategies. Adopting the 5Rs—Reduce, Reuse, Repurpose, Remanufacture, and Recycle—can help in reducing resource depletion and waste.
“India on track to achieve 50% renewable energy milestone by year-end”: Union power minister
“India is on track to achieve the milestone of 50% renewable energy share in its total installed power generation capacity by the end of the year,” said union power minister Manohar Lal Khattar at the 11th edition of India Energy Storage Week (IESW) 2025.
