India

Azure Power appoints acting CEO

Harsh Shah stepped down as the CEO effective immediately.

Azure Power appoints acting CEO

Harsh Shah stepped down as the CEO effective immediately.

India could raise RE capacity by about 24GW with wind energy

As of March 2022, 37.7% of its cumulative installed capacity was wind. 

TP Renewable, SIDBI partner to set up 1,000 green energy enterprises in India 

This is meant to promote sustainable rural entrepreneurship.

ReNew Power records US$1m loss in Q123

This is down from a net profit of US$5m in the same quarter in 2022. 

India may not reach 175GW RE capacity target by 2022: Fitch

The passage of the Energy Conservation (Amendment) Bill will support its growth.

India RE open access capacity climbs by 1.9GW in 2022: report

The market size is estimated to have grown to 10GW in 2022.

NTPC commissions 56MW Kawas Solar project

Its solar installed capacity is now at 69,454MW.

ReNew Power secures $1b loan for hybrid battery-enabled project

This is the largest ECB project loan in India’s renewable sector.

ReNew Power, HSBC India provide solar power to 75 schools

The partnership also includes pioneering a climate education. 

Indian PM to dedicate 5 NTPC RE projects to the nation

These include the two largest floating solar projects in India.

Tata Power, JLL India partner to power realty space with green energy

The industry contributes nearly 40% of greenhouse gas emissions.

Tata Power profit rises 90% YoY in Q1 FY23

This is the company’s 11th straight profit after tax YoY quarterly growth.

New measure to improve power supply reliability in India

This includes the Reforms-based and Results-linked Revamped Distribution Sector Scheme.

NTPC, IndianOil partner to form JV for renewable energy

IndianOil plans to supply the additional power requirements of its refineries with RE by December 2024.