India
India’s northeast attracts nearly INR 40,000 crore of renewables investments
The region has over 100 GW of hydro potential.
India’s power demand to grow by as much as 5% in medium term
However, this will be slower than the growth over FY 2022 to FY2024.
India adds over 4.5 GW of solar and wind power in March
Over 3,000 MW came from solar.
India’s additional solar capacity down 25% in Q1
Two states accounted for the majority of the new capacity.
Uttar Pradesh greenlights 22 GWh of pumped hydro storage in April
This includes 2.75 gigawatts of cumulative capacity.
Reliance Power inks deal for Bhutan’s 500-MW solar project
The project will be under a 50:50 venture.
India issues nearly 3.5 GW of RE tenders in April
Meanwhile, almost 800 MW of capacity were allocated to developers.
Reliance Power unit secures 350 MW solar plus battery energy storage project
This was the largest allocation in SJVN’s tariff-based bidding.
ReNew to invest $2.5b for hybrid RE projects in India
These will have a combined capacity of 2.8 GW.
India’s storage-backed renewables to reach over 25 GW in three years
It will account for nearly a quarter of the additional RE over the said period.
Adani Green Energy unit enters solar power deal in Uttar Pradesh
Energy will be generated from a project in Rajasthan.
India’s coal imports down 9.2% in FY 2024 to 2025
Lower imports led to foreign exchange savings of approximately $6.93b.
India faces 45 TWh energy gap by 2030 to fuel data center boom
Up to 50 million sq ft of space is also needed to support the growth.
CIL and AM Green team up for 4,500 MW of renewable energy
This will be composed of solar and wind power.
Adani signs deal to develop 5,000 MW of hydropower in Bhutan
The agreement will develop additional hydro and pumped storage capacities.
India approves revised scheme for power sector coal allocation
The revision introduced two windows for better access to coal.
Thought Leadership Centre
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