The renewable sector has gradually become a hotbed for innovation, investment, and intellectual capital. The transformation is well underway, and while it may not be loud, it is deeply consequential. As India powers its future through the sun, wind, and water, it is also building a workforce ready to meet that future
This marks Green Climate Fund’s first venture capital investment in India’s deep-tech ecosystem.
A new study by The Energy and Resources Institute (TERI) has estimated India’s total solar potential at 10,830 gigawatts (GW), significantly higher than the previous 2014 assessment of 748 GW by the Ministry of New and Renewable Energy (MNRE). The study revisits conventional solar deployment areas such as barren and unculturable lands and explores additional avenues to expand the country’s solar potential.
Residential solar is on a downturn, and things may get worse. In a shock for the industry, the latest draft of the “One Big Beautiful Bill Act” excludes residential solar lease providers from the Investment Tax Credit.
The partnership focuses on developing scalable battery management systems, bi-directional onboard chargers and other EV systems for two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles in the Indian market.
Solar manufacturer Indosolar Ltd’s equity shares will resume trading on the stock exchanges from Thursday, June 19, 2025. The shares will be listed under the ‘T’ Group of Securities and will trade under the scrip ID WAAREEINDO.
Electric two-wheelers have a lower total cost of ownership (TCO) of INR 1.48/km than INR 2.46/km for petrol models. Three-wheeler EVs cost INR 1.28/km versus INR 3.21/km for petrol.
Supporting a Just Transition in emerging economies requires not only large-scale capital for infrastructure such as renewables but also targeted financing for communities and small businesses. Capital should be matched to specific activities based on risk and impact, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
ReNew’s net profit for the quarter ended March 31, 2025 surged 415% year-on-year to INR 313.7 crore ($37 million) with external sales of solar modules and cells alone contributing INR 220 crore.
The Omnibus Proposal’s sustainability mandates can either unlock new market opportunities and enhance India’s global standing, or create trade barriers that can damage brand’s reputation and hamper profits. Indian businesses can’t afford to ignore this shift.
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