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The Latest Breaking News from Renewable Energy

South Africa’s move to renewable power is complex, but clearing 5 bottlenecks would speed it up

South Africa is moving away from coal-fired electricity, which currently supplies 74% of the country’s power, to wind and solar energy. But as the country’s experience shows, the transition is complex and is being slowed down.

The Conversation

PFC-REC merger: Which stock should you buy before the mega deal creates Rs 11 lakh cr power financing giant

Power Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 lakh crore loan book. The combined entity is poised to capitalize on the ongoing power sector capital expenditure cycle, including renewable energy and transmission projects. Analysts suggest the merger…

The Economic Times

'Can't hire our way out': mine giant to train sparkies

An Australian mining giant has partnered with TAFE to train more electricians as the nation faces a major renewable energy skills shortage.

AAP

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AI could become the next competitive advantage for renewable energy companies: Report

Artificial intelligence is poised to become a major competitive edge for renewable energy firms, according to a BCG report. The focus is shifting from expanding capacity to enhancing efficiency and value from existing assets. AI can boost worker productivity by up to 25% and improve energy yield, with a strategic…

The Economic Times

Kazakhstan and UAE launch construction of €1.2bn wind farm

Kazakhstan and the United Arab Emirates have broken ground on a €1.2 billion wind farm in the Zhambyl region, marking one of Central Asia's largest renewable energy projects as the Kazakhstan accelerates its transition towards cleaner energy.

Euronews

Banks, power finance and infrastructure to lead next leg of market rally: Pankaj Pandey

India's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according to ICICI Securities' Pankaj Pandey. NBFCs also stand to gain from a softer interest rate environment. While IT acquisitions may take time for significant returns, power financiers and transmission…

The Economic Times

UP targets 20,000 MW renewable energy capacity in next 2-3 years: Yogi Adityanath

Uttar Pradesh is aggressively boosting its renewable energy capacity, aiming for 20,000 MW in two to three years from the current 6,000 MW. Over six lakh families are now energy self-reliant through rooftop solar, significantly cutting bills. The state is also a leader in ethanol and compressed biogas production, with…

The Economic Times

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Business Brief (June 26): China, U.S. to Establish Trade Council

Alibaba sues U.S. Department of Defense, China sets renewable energy targets for 2030

Caixin Global

Sunsol mulls over 2 GW solar deployment through 5k projects in India by 2030

Global consultancy Sunkonnect's platform, Sunsol Cleantech, aims to deploy over two gigawatts of solar capacity in India by 2030. This initiative will support 5,000 projects, including rooftop and utility-scale installations, significantly contributing to India's ambitious 280 GW solar target. Sunsol's efforts are crucial for enhancing the nation's energy security, affordability,…

The Economic Times

Suzlon crosses 1 GW in cumulative orders with Tata Power after new 400 MW EPC contract

Suzlon Energy has bagged a significant 400 MW wind energy EPC contract from Tata Power Renewable Energy Limited (TPREL). This latest deal, to be executed in Andhra Pradesh, pushes their combined order book past 1 GW. Suzlon will supply 127 advanced wind turbine generators and provide comprehensive project services, marking…

The Economic Times

India’s $55 billion green energy pipeline faces climate damage

India's ambitious renewable energy expansion faces a significant climate threat, with $55 billion in planned solar, wind, and hydropower assets vulnerable to extreme weather by 2030. Ninety percent of proposed capacity across ten states is at high risk from events like floods and wildfires. This highlights the urgent need for…

The Economic Times

FII-powered Suzlon Energy shares sit 15% below 52-week high. Will 2.0 roadmap deliver for 56 lakh investors?

Suzlon Energy is attracting steady foreign investment despite market volatility, with FIIs increasing holdings for the third consecutive quarter. The company is transforming into a full-stack renewable energy solutions provider with an ambitious FY31 roadmap, targeting significant revenue growth and market share expansion. Brokerages are optimistic about its "Suzlon 2.0"…

The Economic Times

India nears 50% domestic coal use in import-based power plants, sources say

India is significantly boosting the use of domestic coal at power plants previously reliant on imports, aiming to slash costly overseas purchases. Over 50% of capacity at these plants is now running on local fuel, with trials expanding this further. This shift is enabled by increased renewable energy generation freeing…

The Economic Times

UN chief pushes for global action on methane, seeks AI’s climate footprint

UN Secretary-General Antonio Guterres has raised alarms about perilous climate tipping points and has initiated a global Call to Action on Methane, a significant greenhouse gas. He underscored the duality of climate change and reliance on fossil fuels, while also urging AI companies to transparently share their environmental effects and…

The Times of India

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AAP

Outback powerhouse: regions could solve Aussie AI issue

Data centres could address two challenges with a move into regional Australia: soaking up renewable energy and creating tech jobs.

Newcastle Herald

State opposition reveals plans for a Newcastle urban renewable energy zone

The NSW Liberal-National Coalition has unveiled its renewable energy policy.

The Conversation

Fossil fuels still dominate in Africa’s electricity future – study tracks 3,139 power plants

Only about 57% of the people in Africa have access to electricity, the vast majority of them in sub-Saharan Africa. To meet the United Nations goal of everyone having access to affordable electricity by 2030, African countries will need to rapidly expand electricity generation.

France 24

Energy crisis: Time for the EU's Independence Day?

The conflict in the Middle East has been a stark reminder that Europe pays a major cost for continuing to depend on imported fossil fuels. Soaring prices are threatening growth and fuelling inflation. Against this backdrop, investments in renewable energy are no longer about meeting climate targets. They are existential,…

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AAP

TECO Expands Renewable Energy Footprint in Australia Through Solar and Energy Storage Investments

SYDNEY, June 22, 2026 /PRNewswire/ -- TECO Australia & New Zealand (TAC), a subsidiary of TECO Electric & Machinery Co., Ltd. (TWSE:1504), has invested in the Seaspray Solar + Battery Energy Storage System (BESS) project in Victoria, Australia, and will participate in the upcoming Tranche 2 energy portfolio. The move…

Bangkok Post

Analyst urges shift away from fossil fuels

Thailand must accelerate its transition to renewable energy if it is to reduce dependence on imported oil and gas and avoid repeating the painful consequences of global conflicts, according to Praipol Koomsap, economist at Thammasat University and former assistant to ex‑energy minister Narongchai Akrasanee.

The Economic Times

All eyes on Reliance AGM as Street awaits Jio IPO roadmap

Reliance Industries' 49th Annual General Meeting is a key event for investors. Major announcements are anticipated regarding the Jio Platforms IPO, which could significantly boost Reliance's valuation. Updates on renewable energy initiatives, AI infrastructure, and retail expansion strategies are also expected. These developments will shape Reliance's future growth and investor…

The Economic Times

Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: Report

Power and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technology. This trend is driven by digital infrastructure and renewable energy needs. The private sector is now a major investor. Transport, chemicals, and metals also see substantial capital allocation.…

The Economic Times

India's thermal coal imports sink to a 4-year low as green energy reshapes demand

India's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise in renewable energy generation. The country is actively reducing its dependence on imported coal for power. Increased local production and growing green energy sources are reshaping India's energy…

The Economic Times

India's C&I energy storage market to expand to 22-31 GWh by 2032: IESA

India's commercial and industrial energy storage market is set for significant expansion. Projections show growth from under 1 GWh in 2025 to an estimated 22-31 GWh by 2032. This surge is fueled by increasing electricity costs and the widespread adoption of renewable energy sources. Reliable power and decarbonisation goals also…

The Economic Times

ET Alpha Wealth Summit | Wealthy Indians are quietly shifting money into gold, global stocks and AI infrastructure; Rajesh Saluja explains why

Indian investors are shifting focus from maximizing returns to building resilient portfolios. Experts advise diversification across assets and geographies. Gold is gaining prominence as an inflation hedge. The focus is on yield-generating assets like REITs and private credit. Opportunities are emerging in AI infrastructure, particularly data centers, supported by India's…

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