Markets & Policy

Independent power producers have captured a significant share of India’s clean energy capital, with projects often backed by substantial financing from institutions like the Indian Renewable Energy Development Agency (IREDA). Additionally, these have the ability to raise money in a cautious global market because of their capacity to lock up bankable power purchase agreements (PPAs), which provides financial predictability.

integrating variable renewable energy sources into conventional power systems requires a delicate balance of technology, operational excellence, and regulatory compliance. While AI and ML have become indispensable tools in the modern energy toolkit, they are most effective when paired with on-ground human insight and proactive asset management.

Given that global steel demand is projected to grow by 32% by 2050, largely driven by infrastructure expansion and industrial development, the need to decouple steel production from carbon emissions is both urgent and complex. Here is where hydrogen, particularly green hydrogen, emerges as a powerful catalyst for change.

Jakson Green has entered wind power generation by securing power purchase agreement (PPA) for a 100 MW project with Gujarat Urja Vikas Nigam Ltd.

By using equipment financing products, MSMEs can preserve their working capital rather than draining their cash balances. A strategic choice, it unlocks capital and enables businesses to invest it in key areas such as research and development, hiring talent, or expansion.

Avaada Group has signed a memorandum of understanding with the government of Bihar to invest INR 5,000 crore for developing 1 GW of solar and battery energy storage projects in Bihar.

India could achieve clean power system at a cost (including generation, balancing, and grid infrastructure) of around $50/MWh by 2050—significantly below current fossil fuel-driven wholesale prices—by shifting to a fully wind and solar-based electricity system requiring primarily day-night balancing.

The US Department of Commerce will lift trade duties on certain low-power solar devices from China, citing limited domestic interest in maintaining the tariffs. The decision affects small modules typically used in lighting and other control applications.

India’s solar journey is not just about energy generation, it’s about transforming how cities are built and lived in. A multidisciplinary approach involving policy, technology, and civic engagement will be crucial to accelerate this transition. With the right push, India can lead the global shift toward climate-resilient, smart, and sustainable urban ecosystems.

Waaree Energies Ltd has reached an order book of 25 GW—comprising 58.7% overseas and 41.3% domestic orders—valued at approximately INR 49,000 crore.