The Latest Breaking News from Renewable Energy

India wasted 11% of solar power during record summer demand this year

India's national grid wasted significant solar power during summer months. This occurred as electricity demand reached record highs due to air conditioning use. The grid failed to absorb over 8 billion kilowatt-hours of solar energy. Curtailments were ordered to ensure reliable and secure grid operations. This situation threatens renewable energy…

The Economic Times · Jul 29

NTPC eyes Rs 17 trillion capex to nearly triple capacity by FY37

India's NTPC plans a 17 trillion rupee investment through fiscal 2037. The company aims to nearly triple its generation capacity by 2037. Renewable energy will be the primary driver of future capacity growth. NTPC also targets substantial nuclear power capacity by 2047. This expansion supports India's long-term energy security strategy.

The Economic Times · Jul 29

Inox Wind bags Rs 1,600 crore NLC India order for 200-MW project

Inox Wind has secured a significant 200 MW order from NLC India Limited. This substantial project is valued at approximately Rs 1,600 crore and will be completed within two years. The company will handle the entire project execution on a turnkey basis. This new order boosts Inox Wind's total order…

The Economic Times · Jul 29

Suzlon Energy Q1 Results: Net profit falls 6% YoY to Rs 305 crore; stock sinks 7%

Suzlon Energy reported a consolidated net profit of Rs 305 crore for the first quarter of FY27. This figure represented a nearly six percent decline year-on-year from Rs 324 crore. However, the renewable energy company's revenue from operations rose twenty-two point five percent. Shares of the company fell more than…

The Economic Times · Jul 28

Tata Power shares get Equal Weight rating from Morgan Stanley with target price of Rs 399

Tata Power shares traded lower despite Wall Street brokerage Morgan Stanley retaining its "Equal Weight" rating and Rs 399 target price following the company's Q1 FY27 results. The company reported double-digit profit growth, record quarterly capital expenditure and strong performance across its renewable energy, transmission and distribution businesses.

The Economic Times · Jul 28

Coal and gas exports 'undoing' progress on clean energy

Australia is undermining its hard work to cut emissions by failing to address growing fossil fuel exports, a former defence chief reckons.

AAP · Jul 28

Half-price power: record renewables push prices down

Wholesale energy prices have fallen by more than 60 per cent in one state, powered by growing use of wind farms, solar panels and batteries.

AAP · Jul 27

Waaree Renewable Technologies inks pact to enter Australia, New Zealand renewable energy market

Waaree Renewable Technologies Ltd has signed an early contract agreement for a New Zealand project. This agreement involves developing a large solar photovoltaic project with battery storage. The company will lead solar supply and engineering in a consortium. Upon completion of early work, an EPC contract may be signed. This…

The Economic Times · Jul 27

Malaysia's resource anxiety tests Asia's fastest data centre build-out

In Johor, China's ZDATA told Reuters its data centre operates solely on treated wastewater, and it is finalising a renewable energy deal with state utility Tenaga Nasional to ease strain on the electricity grid. Japan's NTT said its data centre will employ a closed-circuit cooling system to limit water use.…

The Economic Times · Jul 27

Renewable energy projects must power data centre boom

Australia's growing number of large-scale data centres must be powered by renewable energy, groups say, or they risk raising power prices for all users.

AAP · Jul 27