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fy24

Could Interest Rates Trip Up India’s Renewables Push?

Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […]

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ReNew Crosses 10 GW Of Gross Renewable Energy Assets

Sumant Sinha led  ReNew, one of the earliest and largest players in the clean energy space in India,  announced on Wednesday that it has completed construction of 1.94 GW of RE assets in FY24, taking the cumulative capacity set up by the company to over 10 GW, a major milestone for the firm. Accounting for […]

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Record Renewable Numbers Support Green Energy Stocks (April 10)

On a day when the government announced record renewable capacity additions for FY24, green energy stocks continued to stay strong, other than a sharp 3.3% fall in Inox Wind. Waaree Renewable continues on its merry way in anticipation of possible restructurings and a strong growth pipeline, even as SJVN seems to have recovered on the […]

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India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24

India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […]

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NTPC Targets 3 GW Renewable Capacity in Fy25, 2 GW Thermal Capacity

NTPC Ltd. India’s largest integrated power utility, has set a target to add 5GW of installed capacity in Fy25. The move comes even as NTPC has dusted off plans to start adding thermal capacity as well, after declaring it would stop adding the same from 2025, back in 2021. The changes have been driven by […]

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India To Generate 600 kT Solar Waste From Installed, New Capacity By 2030, Finds Study

India’s installed 66.7 GW solar capacity, as of FY23, has generated about 100 kilotonnes (kt) of waste, which will increase to 340 kt by 2030, according to a study conducted by the Ministry of New and Renewable Energy and Council on Energy, Environment and Water (CEEW) ‘Enabling a Circular Economy in India’s Solar Industry: Assessing […]

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NHPC Receives LoI From GUVNL For 200 MW RE Park In Khavda

NHPC (National Thermal Power Corporation) a public sector undertaking under the ownership of the Ministry of Power recently announced that it received a letter of intent (LoI) from Gujarat Urja Vikas Nigam (GUVNL) for the 200 MW Khavda project.  NHPC received this letter for a 200-megawatt (MW) solar power project at the 1125 MW Gujarat […]

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India’s Solar Capacity Crosses 75 GW, Says Latest CEA Report

The latest data on renewable energy capacity additions released by the Central Electricity Authority (CEA) said that India’s total installed capacity of solar power crossed 75 GW. The data from the government entity said that in the initial two months of 2024, India added a total of 2,257 MW of solar power. The additions are […]

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