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The Latest Breaking News from Renewable Energy

Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansion

Jefferies retained its Buy rating on Belrise Industries and raised its target price to Rs 280, citing strong automotive orders, two-wheeler demand and expanding renewable energy and aerospace businesses. The brokerage expects robust earnings growth, though customer concentration and margins remain key risks.

The Economic Times

Inox Clean Energy completes Rs 6,000 crore acquisition of BlackRock-owned GIP's Vena Energy India

Inox Clean Energy has acquired Vena Energy India's renewable platform for Rs 6,000 crore. This rapid transaction was completed within two months, showcasing strong financing capabilities. Vena Energy India's portfolio includes operational and developing solar, wind, and BESS assets. Following this acquisition, Inox Clean's operational capacity will reach approximately four…

The Economic Times

Singapore put solar panels on the sea expecting waves to be the biggest challenge, but barnacles had other plans

Singapore is using floating solar farms to address land scarcity while expanding renewable energy generation. However, marine organisms can attach to these structures, increasing their weight and affecting buoyancy. This biofouling can accelerate equipment corrosion and make essential maintenance more difficult.

The Economic Times

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What will power the Hunter's data centre boom?

Data centres will accelerate the roll-out of clean energy projects in the Hunter and New England.

Newcastle Herald

China’s leftover renewable energy could power UK for more than a year

In just six months, China was forced to turn away clean solar power equivalent to annual energy demand of Mexico

The Independent UK

'We don't have a choice': Premier says Hunter renewables to roll on despite tempers flaring

Three trucks drove past signs advising unauthorised vehicles not to enter.

Newcastle Herald

Octopus Energy pays UK households nearly £100m for spare solar power as heatwaves drive 34% surge in solar installation demand

UK households have made nearly one hundred million pounds from selling solar power, as Octopus Energy customers have reported collective earnings over the last year. This rise comes amid a surge in solar panel inquiries, driven by recent heatwaves. Climate advocates are urging Prime Minister Andy Burnham to take action…

The Economic Times

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An obscure clean-energy rule change could have big consequences for investors

A proposed emissions-accounting overhaul could scramble corporate net-zero plans and the renewable-energy market.

Fortune

Hinduja Group commits Rs 2,500 cr investment in Tamil Nadu

Hinduja Group plans a significant Rs 2,500 crore investment across its Tamil Nadu businesses. This includes renewable energy projects and electric mobility solutions. The group will develop over 200 MW of clean energy generation capacity. Electric buses will be operationalised for public transport in the state.

The Economic Times

Can a Solar Eclipse Cause an Energy Crisis? Britain's Grid Prepared for the Risk

Britain's electricity operators successfully managed the solar eclipse's impact on solar power generation, highlighting the strengths and challenges of the UK's transition to renewable energy sources.

International Business Times UK

Australia’s largest aluminium smelter to run on renewables by 2033 after Rio Tinto strikes $2.5bn taxpayer bailout deal

Rio Tinto makes power supply deal with federal and NSW government to cut emissions and decarbonise, preventing potential closure

The Guardian - AU

The Philippines needs ‘power of all sorts’ to build energy security following a nationwide crisis, says Prime Infra CEO Guillaume Lucci

“What we need is more energy of all sorts, not only more renewable energy,” Lucci tells Fortune at the firm’s headquarters in Pasay City, Manila.

Fortune

MSMEs in India's secondary steel sector can reduce their power bills by up to 34 pc per year: Report

Indian MSMEs in the secondary steel sector can reduce power bills significantly. Switching to renewable energy offers substantial annual savings for these businesses. This transition also helps slash greenhouse gas emissions from steel production. A cluster-based approach makes renewable energy procurement more feasible for MSMEs. Adopting renewables lowers costs and…

The Economic Times

India's small steelmakers could save money and cut emissions with switch to renewable power

Smaller steel firms in India can reduce electricity bills by one-third and cut carbon emissions by adopting renewable energy, which will offer substantial annual cost savings for these companies. For them, joint investments in clean power projects present a practical and viable solution. High costs and regulatory hurdles currently make…

The Economic Times

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AAP

Grapes of math: how solar plus sheep equals good wine

Renewable energy is one of the biggest opportunities for Australian farmers in a generation, according to a winemaker who also produces solar power.

The Times of India

Texas avoided a huge electricity crisis and blackout risk, thanks to the massive 20,000-megawatt solar buffer

Texas has relied on its old thermal power plants for a long time, but a massive shift is currently reforming the state's electric network. The Electric Reliability Council of Texas(ERCOT), the body responsible for managing the majority of the state’s power flow, has supervised a required change towards renewable energy…

The Economic Times

Sanjiv Goenka-led RPSG arm to acquire 1.4 GW solar projects from ReNew for Rs 4,859 crore

In a move that signifies a major leap towards sustainability, CESE Ltd, under the RP-Sanjiv Goenka Group, is acquiring six solar projects, consolidating a total capacity of 1.4 GWp at a cost of Rs 4,859 crore. Following this acquisition, Purvah Green Power’s capacity will reach 4.8 GWp, aligning perfectly with…

Bangkok Post

Asean's green growth push

Southeast Asia stands at a critical juncture where the transition to a green economy is not only an environmental imperative, but also a strategic necessity for long-term economic resilience and social equity.

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The Economic Times

India achieves 300 GW renewable energy capacity, 60% of 500 GW target by 2030

India has achieved over 300 GW of non-fossil fuel power capacity. This milestone represents more than sixty percent of the nation's 2030 goal. Solar and wind power are key contributors to this significant energy transition. Domestic manufacturing capabilities have also been strengthened for supply chain independence. This progress positions India…

The Conversation

Wind and solar projects in Kenya and South Africa don’t always benefit the communities that host them – study

Private investment in clean energy projects is growing: in sub-Saharan Africa, it’s approaching US$40 billion a year. These “green transition” investments in solar and wind power are meant to benefit the environment and develop the communities where they are based.

The Economic Times

MHA bans new solar, wind projects within 1 km of India’s borders

New guidelines prohibit renewable energy projects within one kilometer of border areas. Sensitive zones extend fifty kilometers, requiring defense ministry clearance for some. Foreign staff require central government permission for project implementation. Land transfers to foreign companies need prior government approval. Comprehensive security measures and police posts are mandated for…

The Economic Times

9 IPOs get Sebi approval as primary market pipeline gathers pace

Sebi has approved IPOs of nine companies spanning engineering, travel technology, gaming, drones, paper, renewable energy and digital platforms. The approvals strengthen India’s IPO pipeline, with firms including Laxyo, Garuda Aerospace, PlaySimple Games, Rediff.com and Jakson Green preparing to list.

The Economic Times

West Bengal plans Kolkata ring road, EM Bypass-New Town flyover to ease congestion

The West Bengal government plans a ring road and a new flyover for Kolkata. These infrastructure projects aim to ease traffic congestion and boost business growth. The state is also upgrading urban services like drainage and water supply systems. Renewable energy use will expand significantly by 2030. New mortuary facilities…

The Economic Times

Suzlon Energy shares rise after US judge directs Pentagon to lift wind project freeze

Suzlon Energy shares rose after a U.S. judge ordered the Pentagon to lift its freeze on reviewing onshore wind projects. According to Reuters, U.S. District Judge Karin Immergut granted a preliminary injunction sought by renewable energy groups, who said the freeze had caused a "total halt" in wind project development…

The Economic Times

Adani Green Energy shares can rally up to 23%. Why Axis Capital, Elara initiated coverage

Brokerages Axis Capital and Elara Capital initiated coverage on Adani Green Energy, citing its ambitious plan to expand renewable energy capacity to 50 GW and strong long-term growth prospects. The firms see up to 23% upside, backed by robust capacity additions, improving cash flows and India's accelerating clean energy transition.

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