Under the MoU, Avaada will develop 5 GW of solar power, 1 GW of wind energy, and 5 GWh of battery storage across Gujarat’s Kutchh, Banaskantha and Surendranagar districts. Avaada Group has signed a ₹360 billion memorandum of understanding (MoU) with the Gujarat government to develop large-scale solar, wind and battery energy storage system (BESS)...
Category: Power & New and Renewable Energy
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India’s Solar Push Goes Local: Minister Joshi Highlights People-Centric Energy Transition at ISA Curtain Raiser
Joshi said India’s renewable energy success goes beyond numbers and has become people-centric, with over 2 million households already benefiting from solar power under the PM Surya Ghar Muft Bijli Yojana. India’s transition to green energy is not just reshaping its power mix; it is transforming lives at the grassroots, said Union Minister for New...
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Sembcorp to Acquire ReNew Sun Bright, Expanding India Solar Portfolio to 6.9 GW
The deal, valued at approximately Singapore $246 million and subject to customary adjustments, marks a strategic expansion of Sembcorp’s renewable energy footprint in India. Singapore headquartered Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Green Infra Pvt. Ltd has signed a share purchase agreement to acquire 100 per cent of ReNew Sun Bright Pvt. Ltd from...
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Tata Power Renewables Signs PPA for 80 MW Dispatchable Green Energy Project in Mumbai
Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Ltd, has signed a power purchase agreement (PPA) with Tata Power Mumbai Distribution to develop an 80 MW firm and dispatchable renewable energy (FDRE) project. The project will integrate solar, wind, and battery storage systems to ensure reliable energy dispatch during peak...
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India’s Renewable Energy Surge: ICRA Projects 35 GW Capacity in FY2026
India’s renewable energy capacity rose 123 per cent to 20.1 GW by August this fiscal, driven by a strong project pipeline and favourable market conditions. However, bidding activity has slowed sharply, with only 3.4 GW auctioned in the first half of FY2026. India’s renewable energy (RE) sector has recorded a robust 123 per cent growth...
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India’s Deepwater Energy Ambitions Ignite with Andaman Basin Gas Discovery
India’s deepwater energy ambitions received a boost with the detection of natural gas in the Sri Vijayapuram-2 well, raising hopes of a major hydrocarbon reserve, Union Minister Hardeep Singh Puri has confirmed. India’s aspirations for aatmanirbharta (self-reliance) in hydrocarbons received a significant boost with the detection of natural gas in the Andaman Basin, located in...
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India’s Green Hydrogen Push Gains Global Momentum with Cost Edge and Policy Muscle: S&P Global Commodity Insights
Globally, hydrogen demand could triple by 2060, with India’s share in final energy consumption expected to rise from 1.8 per cent to over 3 per cent, according to S&P Global’s Renaissance scenario. India is fast-tracking its hydrogen economy through competitive pricing, certification reforms, and port infrastructure upgrades, according to S&P Global Commodity Insights experts actively...
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Low-Cost Capital Crucial to Power India’s Clean Energy Manufacturing Surge: CII-PwC
A new CII-PwC report urges policy clarity, streamlined approvals, and affordable financing to scale India’s renewable energy manufacturing. With global competition intensifying, strategic capital access could define India’s leadership in the green transition. India’s ambition to become a global hub for renewable energy (RE) manufacturing is gaining momentum, but its success hinges on access to...
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PM Modi Launches India’s Largest Solar-Plus-Storage Project in Rajasthan
Avaada’s ₹92 billion investment marks a major milestone in grid-integrated clean energy, with 2500 MWh battery storage and 1560 MWp solar capacity powering Rajasthan’s green transition. Prime Minister Narendra Modi has laid the foundation stone for Avaada Group’s landmark solar-plus-storage project in Rajasthan, billed as India’s largest to date. The ₹92 billion investment spans two...
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Suzlon Commits to Full EV Fleet by 2035, Targets 24% Emissions Cut Under Global EV100 Pact
As part of its EV100 commitment, Suzlon will electrify its entire fleet by 2035, cutting fuel use, slashing emissions by 24 per cent, and accelerating India’s transition to net zero. After pledging to power all its facilities with 100 per cent renewable energy by 2030, renewable energy solution provider Suzlon has taken a decisive step...