Renewable Energy

ACME Solar To Focus On FDRE, Hybrid Projects, Invest Rs 17k cr

ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts (GW) by 2026, the top management of the company told journalists. In an interaction with reporters, Nikhil Dhingra, CEO of ACME Solar discussed its future roadmap. The company, which was till now confined to vanilla solar projects and […]

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India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study

India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study,  Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […]

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MP 2025 Policy: Powering Non-RE States, Upgrading Substations

Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […]

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Brazil’s Solar Growth Soars, Eyes 200 GW by 2050

Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […]

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Budget: Rajasthan Promises 150 Units Of Free Power For Solar Users

Rajasthan government has now promised to provide solar prosumers with free electricity. Today, the state government presented its budget for the next financial year in the state assembly. Deputy Chief Minister Diya Kumari in her budget speech announced the extension of the free power for solar consumers. “By leveraging the PM Surya Ghar Scheme, the […]

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Australia, Brazil, And India Rank Among Top Five With Renewable Potential

RatedPower’s, 2025 Global Renewable Trends Report reveals a high confidence in the future of renewables, with storage, solar, and green hydrogen as key growth areas over the next five years. RatedPower is a part of Enverus, an energy-dedicated SaaS company that leverages generative AI in its solutions. According to the respondents it surveyed, the U.S., […]

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Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers?

Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […]

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G7 Countries Are Building 10% Of Planned Solar Projects: Report

The pipeline of prospective utility-scale solar and wind capacity grew by a fifth last year, but the world’s richest countries account for only a fraction of new construction, according to a new report from Global Energy Monitor (GEM). The Global Solar Power Tracker and Global Wind Power Tracker include all projects that have been announced, […]

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India’s Solar Energy Generation Increased 18% In CY24

India’s renewable energy sector witnessed a strong year-on-year growth in calendar year 2024 (CY24), with total renewable energy generation (including large hydro) reaching 3,87,553.52 million units (MU)—a 14.8% increase compared to 3,37,745.63 MU in CY23, as per the latest data from the Central Electricity Authority (CEA). Solar Energy Sees Impressive Growth A major contributor to […]

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