Thermal anchors grid reliability as renewables drive power capacity in FY2027: India Ratings
Coal-based thermal power is expected to remain the backbone of electricity generation in FY27, accounting for around 70%, even as renewable energy continues to dominate incremental capacity additions.
Brazil curtails 20% of solar and wind output in 2025, with losses at $1.2 billion
Brazil curtailed about one-fifth of its solar and wind generation in 2025, wasting an estimated BRL 6.5 billion ($1.23 billion), as grid constraints and demand mismatches pushed the power system close to operational safety limits on 16 days, according to a report from Volt Robotics.
Druk Green Power, Carbon Resources to collaborate on new solar and hydropower projects in Bhutan
Bhutan’s Druk Green Power Corporation and India’s Carbon Resources Private Limited have agreed to collaborate on new solar and hydropower projects in Bhutan with capacities between 100 MW and 250 MW.
Why transformers are the unsung heroes of India’s green revolution
We are preparing for a future where transformers are dynamic energy hubs, stabilizing a grid that is constantly fluctuating between charging EVs and absorbing solar export.
India’s Union Budget 2026–27 removes customs duty on solar glass inputs, lithium battery cell machinery, and critical minerals processing equipment
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
Adani Green Energy rated BBB+ with stable outlook by JCR
Japan Credit Rating Agency (JCR), Japan’s leading rating agency, has assigned Adani Green Energy Ltd (AGEL) a long-term foreign currency credit rating of BBB+ with a Stable outlook, at par with India’s sovereign credit rating of BBB+.
SAEL Group solar SPVs assigned higher ratings by Crisil
Crisil Ratings has assigned higher ratings to five special purpose vehicles (SPVs) of SAEL Industries Ltd, citing revenue stability, adequate debt coverage metrics, and execution capabilities across SAEL’s solar power generation and PV module manufacturing operations.
UK added 2.6 GW of solar in 2025, record year for rooftop
Deployment hits ten year high in the United Kingdom with connection of largest plant to date and a ramping up of small-scale installations. Government targets accelerated deployment with new support for rooftop installations and ongoing CfD auction.
China adds 315 GW of solar in 2025
China installed a record 315 GW of new solar capacity in 2025, lifting cumulative installed PV capacity to 1.2 TW and pushing non-fossil power sources past thermal generation for the first time.
KPI Green Energy commences power supply from 200 MW AC solar project in Gujarat
KPI Green Energy Ltd has commenced power generation and supply from its 200 MW AC (240 MW DC) grid-connected solar project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL). It had secured this IPP project through a competitive bidding process.
