Category: BUSINESS & FINANCE

In Short : KPI Green Energy is set to receive ₹3,200 crore from the State Bank of India (SBI) to accelerate its renewable energy growth. The funding will be utilized for solar and hybrid projects, increasing clean energy capacity and supporting India’s transition to sustainable power systems.

In Short : Suzlon has secured a major order of 838 MW from Tata Power Renewable Energy to supply wind turbine generators for upcoming projects.

In Short : The Indian Energy Exchange (IEX) has formally contested the market coupling order issued by the Central Electricity Regulatory Commission (CERC), which seeks to unify price discovery across various power exchanges.

In Short : China’s recent renewable energy auction has revealed significant challenges for solar developers, as fierce competition has driven bids to unprecedented lows. While the auction facilitates swift capacity expansion, diminishing profit margins alongside increasing input and financing costs raise alarms regarding the long-term viability of solar initiatives.

In Short : Avaada has initiated the commissioning of 11 solar power plants in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana, aimed at delivering dependable daytime electricity to farmers. These projects diminish dependence on traditional energy sources, enhance agricultural productivity, facilitate rural electrification, and promote the state’s renewable energy and sustainability objectives.

In Short : Servotech Renewable has formed a strategic alliance with Enovra Energy to enhance solar energy deployment and develop electric vehicle (EV) charging infrastructure in Mauritius. This partnership aims to expedite the country’s transition to clean energy, reduce reliance on fossil fuels, and expand Servotech’s international presence in renewable energy and e-mobility.

In Short : Insolation Energy has successfully secured 226 MW of solar projects through the PM-KUSUM scheme initiated by the Government of India. These projects aim to provide farmers with clean energy during the day, decrease reliance on fossil fuels, enhance rural electrification, and foster sustainable agricultural practices — thereby solidifying the company’s standing in India’s renewable energy landscape.

In Short : The clean energy revolution is not only about deploying solar panels, wind turbines, and batteries — it is equally about innovation and research. Globally, governments, corporations, and startups are investing billions into research and development (R&D) to improve efficiency, lower costs, and pioneer breakthrough technologies.

In Short : India is rapidly scaling up its renewable energy infrastructure to achieve its ambitious target of 500 GW of non-fossil fuel capacity by 2030. Beyond deployment, domestic manufacturing capacity is now emerging as a cornerstone of the transition.