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Markets & Policy

“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.

Australian Clean Energy delegation visits India to further deepen their engagements

A 30-member Australian Clean Energy Delegation representing 22 companies, is visiting India from July 7 – 11, 2025 to showcase Australia’s innovative solutions across energy storage technologies, AI solutions for energy operations, solar technologies, green hydrogen, energy modelling and weather forecasting, education & capacity building and consulting.

Powering a greener future through India’s clean energy transition 

As India adds more intermittent renewables like solar and wind to its energy mix, modernising the electricity grid becomes a priority. Grid expansion, integration of battery storage systems, and digital monitoring tools are critical to accommodate fluctuations in generation and demand. 

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NLC India to infuse INR 1,631 crore into renewable energy arm

State-owned NLC India Ltd has approved an investment of up to INR 1,630.89 crore in its wholly owned subsidiary, NLC India Renewables Ltd (NIRL), through equity infusion

India installed 17.4 GW utility-scale solar, 5.15 GW rooftop PV capacity in FY 2025: JMK Research

Rajasthan led the annual solar additions with 6.5 GW, followed by Gujarat (3.6 GW) and Maharashtra (2.3 GW).

US solar panel price from India stable at $0.288/W

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

US House passes sweeping bill, leaving solar industry reeling

Despite vocal bipartisan support for clean energy tax credits, US House and Senate Republicans failed to adjust policies that would continue the rapid buildout of domestic clean energy.

India’s next solar frontier: Captive projects are powering industrial self-reliance

Industrial belts in Punjab, Haryana, Maharashtra, Gujarat, and Tamil Nadu are becoming hotspots for captive solar. The drivers vary from steep tariffs and policy incentives to strong ESG commitments by export-oriented businesses, but the result is the same: a distributed solar network powering India’s industrial economy.

ReNew receives final non-binding offer from Masdar, CPP Investments, ADIA, and Sumant Sinha

ReNew Energy Global has received a final non-binding offer from a consortium of its promoters to acquire the company’s entire issued and to be issued share capital not already owned by the Consortium, for cash consideration of $8.00 per share. This offer is 13.2% higher than the initial proposal made on Dec. 10, 2024.

IndiGrid, IFC partner to build 180 MW/360 MWh battery storage project in Gujarat

International Finance Corp. (IFC) has committed INR 4.6 billion (around $55 million) in long-term financing to IndiGrid to support the deployment of a 180 MW/360 MWh standalone battery energy storage system project in Gujarat.

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