Adani Green Energy Ltd’s operational renewable energy capacity increased 30% year-on-year to 14.2 GW in FY 2025 and is set to increase to 15.2 GW with additional 1 GW nearing completion.
Since 1993, the World Energy Outlook (WEO) of the International Energy Agency (IEA) has been an authoritative report on energy statistics and guiding future energy supply and demand developments. An examination of these reports, however, indicates that even the most progressive of WEO scenarios has vastly underestimated the growth of renewable energy technologies, especially solar PV.
BrightNight has secured a power purchase agreement with state-owned NTPC to supply 110 MW AC of firm and dispatchable renewable energy.
Havells India Ltd has signed binding term sheet to invest INR 600 crore in Surat-based PV module manufacturer Goldi Solar (Goldi). As part of conditions precedent to the transaction, Havells will enter into a master supply and service agreement with Goldi for consistent supply of solar modules and cells.
In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.
India’s installed rooftop solar capacity will reach 25–30 GW by FY 2027 from 17 GW in FY 2025, according to CareEdge Advisory & Research.
GameChange Solar, a solar tracker and fixed-tilt racking solutions provider, has surpassed 13 GW of projects in India (commissioned as well as under installation) with 7 GW orders booked in FY 2025 alone.
The US Energy Information Administration (EIA) says cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy storage capacity is expected to grow 70% in 2025 alone.
Tata Power Renewable Energy Ltd will develop a renewable energy project comprising solar and wind components backed with energy storage to ensure supply of 200 MW firm and dispatchable renewable power.
The capacity is part of a 300 MW Karnisar solar power plant in the Bikaner district.
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