NTPC Green Energy has successfully commissioned a 12.5 MW solar capacity, bringing the total installed and commercial capacity of the NTPC group to 83,906 MW. This development marks a significant step for India's largest power generation company, which operates under the Ministry of Power.
The India-Japan Fund has committed ₹500 crore to EKA Mobility, marking a pivotal investment in India's burgeoning electric vehicle industry. With this funding, EKA Mobility is set to enhance its electric bus manufacturing capabilities by establishing a state-of-the-art plant in Pithampur.
BMW anticipates a significant rise in electric vehicle sales in India, aiming for 30 percent of total sales before 2030. This growth will be fueled by new product launches and increasing consumer preference for green vehicles. The company is also expanding its sales network and focusing on making luxury car ownership more affordable.
NTPC Green Energy has successfully commissioned a 12.5 MW solar capacity, bringing the total installed and commercial capacity of the NTPC group to 83,906 MW. This development marks a significant step for India's largest power generation company, which operates under the Ministry of Power.
Saatvik Green Energy announced a significant Rs 3,150 crore capital expenditure plan for its Odisha facility to boost solar cell and module production. This investment aims to expand capacity to 4 GW of modules and 4.8 GW of cells, supporting the company's strategy for integrated renewable energy solutions and domestic market demand.
Ola Electric has launched Ola Shakti, its first residential Battery Energy Storage System (BESS), entering India's burgeoning energy storage market. This portable solution offers homes, farms, and businesses on-demand energy with automotive-grade safety and high efficiency. The system leverages Ola's existing Gigafactory infrastructure and 4680 cell technology for indigenous production.
The Ministry of New and Renewable Energy is exploring long-term debt financing for green energy projects. Current bank loan periods do not match project revenue cycles. This mismatch creates pressure on projects. The ministry will assess the issue and discuss solutions with financial institutions and overseas investors. India needs significant investment to meet its renewable energy targets by 2030.
In an exciting development for renewable energy in India, Envision Energy India is set to provide 152 advanced wind turbines to Evren, facilitating a robust 501.6 MW project in Andhra Pradesh. This collaboration, supported by the Brookfield Global Transition Fund, marks a strategic joint venture between Brookfield and Axis Energy Group.
IPO-bound company eyes five hybrid wind-solar assets worth Rs4,000 crore: Inox Clean Energy, preparing for its IPO, is reportedly in talks to acquire 650 MW of under-construction green energy projects from Evergreen Renewables for an undisclosed amount. The targeted portfolio includes five hybrid wind and solar energy projects.
The government directed renewable energy agencies to invite fresh bids for clean power projects, stating previous tenders with short submission windows were issued to circumvent ALMM guidelines for solar cells. The Ministry of New and Renewable Energy advised scrapping non-compliant bids and reissuing them, emphasizing strict adherence to financial rules and CVC regulations for transparent public procurement.
The renewable energy ministry has said it may consider a national-level programme to provide financial support for geothermal projects once their technical and commercial feasibility is established. This comes after the release of the National Policy on Geothermal Energy (2025) aimed at promoting the use of earth’s internal heat for clean power generation and supporting India’s 2070 net zero target.
ACME Group has appointed Jitendra Agrawal as the Chief Operating Officer (COO) for its manufacturing business. The company has also established a separate entity to manage its renewable equipment manufacturing operations. ACME Group aims to scale up this business through new investments and capacity expansion.
Modern biogas technology significantly reduces methane emissions, offers clean energy, and promotes biofertilizer use. This helps lower reliance on chemical fertilizers and supports carbon credit markets. Adopting biogas systems contributes to multiple Sustainable Development Goals, fostering environmental, social, and economic progress.
Holtec International has shipped advanced spent fuel storage racks and a multi-purpose transport cask to India's Kudankulam Nuclear Power Plant. CEO Dr. Kris Singh highlighted this as an opportunity to boost India's manufacturing capacity and expressed eagerness for legislative changes to further develop the nation's nuclear power industry.
