In Detail : India’s solar industry is witnessing a remarkable transformation as demand continues to expand across households, commercial spaces, and industries. This growth has triggered a parallel rise in related services, particularly maintenance and supply networks. With more solar panels being installed nationwide, ensuring proper upkeep has become a key factor in sustaining energy output and efficiency.

Online trends reveal the growing demand for solar-related services. According to recent data, searches for solar panel cleaning services have recorded a 100% increase, while dealer-related searches surged by 173%. These numbers highlight the expanding ecosystem around solar energy and its importance in India’s clean energy transition.

As panels accumulate dust and dirt, their efficiency drops significantly. This is pushing homeowners and industries to actively look for professional cleaning services to maintain output levels. The doubling of cleaning-related searches reflects both awareness and the rising urgency to protect solar investments.

Dealership growth is another promising trend emerging in the market. The 173% rise in dealer searches signals strong business interest in becoming part of India’s solar distribution network. This surge is creating opportunities for local entrepreneurs and MSMEs to tap into the fast-growing renewable energy supply chain.

With India’s ambitious renewable energy goals, such service expansions are vital. The solar sector is no longer just about installation but about creating an ecosystem that sustains long-term performance. Cleaning services and dealership networks are now essential enablers of growth, offering significant employment and investment potential.

The country’s shift toward renewable energy is also boosting awareness of efficiency management. Consumers today are more conscious about maintaining their systems to maximize returns. This cultural shift toward proactive maintenance is setting new benchmarks for service quality in the solar industry.

Industry experts believe this surge will attract innovative solutions. Automated cleaning technologies, robotics, and AI-driven maintenance monitoring could soon enter mainstream adoption. The growing reliance on solar energy creates a strong case for advanced, cost-efficient cleaning and dealer management systems.

The trend is also aligned with India’s broader sustainability and climate goals. Every step taken to improve solar efficiency helps reduce fossil fuel dependence and enhances energy security. By ensuring panels operate at peak capacity, India moves closer to its renewable energy targets.

Overall, the boom in solar-related service demand paints a promising picture for the future. With consumers, businesses, and policymakers aligned, the solar ecosystem is expanding beyond installations. Maintenance and supply networks are now key pillars in driving India’s clean energy revolution forward.

In Detail : Electricity prices on the Indian Energy Exchange’s real-time market recently plunged close to zero, creating ripples across the power sector. This sharp decline was driven by a sudden surge in renewable energy generation, especially from solar and wind sources, coinciding with weaker-than-expected demand during off-peak hours. The imbalance between supply and demand created downward pressure on prices.

Industry experts note that while such low prices may seem unusual, they reflect the growing influence of renewable energy in India’s power mix. With increasing solar and wind capacity feeding the grid, periods of oversupply are becoming more common. This trend underscores both the benefits and challenges of transitioning toward clean energy.

The dip in prices also reveals structural gaps in demand management. Industrial demand was lower than usual due to muted consumption trends, while households required less electricity because of favorable weather conditions. This mismatch made it difficult for distribution companies to absorb all the available supply.

Analysts highlight that near-zero prices, while beneficial to buyers in the short term, can pose risks for generators and investors. Power producers may find it harder to secure steady revenue streams, especially renewable developers relying on predictable tariffs. This could impact future investment flows into the sector.

However, experts argue that such price fluctuations emphasize the urgency of enhancing grid flexibility. Energy storage systems, including large-scale batteries, pumped hydro, and other balancing technologies, can help stabilize prices. By storing excess renewable energy during peak generation, they can release it during demand spikes, improving efficiency.

The government has already announced measures to strengthen grid infrastructure and encourage storage adoption. Initiatives like viability gap funding for battery projects and time-of-day tariffs are expected to address such imbalances. These steps can make the grid more resilient while ensuring fair returns for producers.

Market observers believe that the real-time price crash signals a changing landscape in India’s electricity sector. As renewable penetration grows, price volatility will likely become more frequent, requiring better forecasting tools, flexible contracts, and dynamic pricing models to manage the variability.

For consumers, especially industries and state utilities, low prices provide temporary relief in power costs. However, experts warn against overreliance on such fluctuations, stressing the importance of long-term planning to sustain affordable yet reliable power. Without corrective measures, frequent volatility could create uncertainty for all stakeholders.

In the bigger picture, the recent plunge is a reminder of both the opportunities and challenges of India’s clean energy transition. While renewables are driving affordability and decarbonization, the nation must simultaneously invest in storage, grid modernization, and regulatory reforms. These will be key to ensuring that the energy market remains both stable and sustainable.

In Detail : Adani Green Energy has achieved a significant milestone as its credit rating has been upgraded to ‘AA’ with a stable outlook, underscoring its robust financial performance and strong growth trajectory. This recognition highlights the company’s steady progress in India’s renewable energy landscape and its role in driving the nation’s clean energy transformation.

The rating upgrade reflects the company’s ability to maintain sustainable operations while scaling its renewable capacity. Adani Green has consistently expanded its portfolio, securing a leadership position in both solar and wind energy segments. This demonstrates resilience in navigating challenges while ensuring long-term investor confidence.

With renewable energy emerging as the cornerstone of India’s energy security, Adani Green has positioned itself strategically. Its large-scale solar and wind projects across the country underline the company’s commitment to sustainable growth. The credit boost will further enhance its ability to raise capital for future expansions.

The stable outlook indicates confidence in the company’s cash flow visibility, backed by long-term power purchase agreements with state utilities and central agencies. These contracts ensure consistent revenue streams, strengthening the company’s financial base. This also reflects a healthy balance between operational efficiency and growth.

Adani Green’s performance has been driven by disciplined project execution and technological innovation in renewable operations. With over 8 GW of installed renewable capacity and a growing project pipeline, it has emerged as one of the largest clean energy players in India. This scale provides strong competitive advantages in the sector.

The company’s diversification across geographies and technologies further reduces risks while enhancing operational efficiency. Its focus on innovation, energy storage, and hybrid models has enabled it to offer reliable and affordable renewable power. Such efforts are crucial in addressing India’s rising energy demand sustainably.

The improved rating also signals enhanced confidence among domestic and international investors. This recognition will allow Adani Green to access financing at better terms, thereby reducing overall capital costs. It is expected to boost both equity and debt inflows, accelerating renewable project rollouts.

As India targets 500 GW of renewable capacity by 2030, Adani Green Energy plays a central role in achieving these goals. Its growth plans are aligned with national priorities for decarbonization and energy security. The company’s leadership in renewables supports India’s global commitments to climate action.

The credit upgrade is not only a financial achievement but also a recognition of Adani Green’s pivotal role in reshaping India’s energy future. With strong fundamentals, expanding capacity, and a clear vision, the company is well placed to continue driving sustainable growth in the years ahead.

In Detail : India’s solar industry has grown rapidly in recent years, with significant investments flowing into module and cell manufacturing facilities. Government schemes such as the Production Linked Incentive (PLI) have further accelerated expansion. However, according to a report by SBI Capital, the sector may face challenges of oversupply by 2027 if domestic demand does not rise at the same pace.

The report highlights that India’s current manufacturing pipeline could surpass the projected installation requirements within the next two years. This imbalance may create pressure on pricing, impacting the profitability of manufacturers. Such a situation could also deter future investment unless export opportunities are fully leveraged.

India’s ambitious renewable energy targets have encouraged companies to expand their solar manufacturing base. Large players have announced giga-factories with integrated production lines. While this strengthens India’s self-reliance and reduces import dependency, the report warns that the market could become saturated if installations lag behind manufacturing growth.

Oversupply in the solar market may lead to falling module prices, benefiting developers in the short term. However, this could place smaller manufacturers under financial stress. Larger firms with stronger balance sheets may withstand the price competition, while smaller ones may struggle to sustain operations, leading to potential consolidation in the sector.

Export opportunities emerge as a critical pathway for India to manage the expected surplus. With global demand for renewable energy rising, Indian manufacturers could tap into markets in Africa, the Middle East, and Europe. To do so effectively, the industry will need support in the form of trade agreements, logistics infrastructure, and competitive pricing.

Experts also emphasize the need for consistent policy alignment to avoid supply-demand mismatches. While manufacturing incentives have driven rapid capacity growth, installation demand must also be boosted through supportive regulatory frameworks, timely tenders, and stable tariffs. This dual approach will help balance the ecosystem and prevent excess capacity from going idle.

Domestic demand growth is expected to continue, but uncertainty around tendering delays and tariff concerns may slow installations. The success of government initiatives like rooftop solar and green hydrogen projects could play a vital role in absorbing additional solar capacity. These sectors can create new avenues for module deployment and mitigate risks of oversupply.

Another area of focus is technological innovation. By investing in next-generation technologies such as heterojunction and perovskite solar cells, Indian firms can remain competitive globally. Developing high-efficiency modules can increase export potential and ensure manufacturers are not solely dependent on domestic demand cycles.

In conclusion, while India’s solar manufacturing growth is a major achievement, balancing it with sustained demand will be crucial for long-term industry stability. Policymakers, manufacturers, and developers must collaborate to align production with installations, create export linkages, and promote innovation. Without these measures, the risk of oversupply by 2027 could undermine the sector’s momentum and profitability.

In Detail : India’s clean energy sector recorded impressive growth in the first half of 2025, attracting $11.8 billion in investments, according to a recent report. Of this, solar energy accounted for nearly 77% of the total inflows, showcasing its dominant role in the country’s green transition. This momentum reflects the global investor confidence in India’s renewable market.

The report highlights that solar’s share outpaced other clean energy sources, positioning it as the backbone of India’s energy transition. Strong policy measures, competitive tariffs, and rising corporate demand have made solar projects highly attractive. With large-scale utility projects and rooftop solar both gaining traction, the segment continues to lead.

Foreign investors have shown keen interest in India’s solar sector, drawn by its massive potential and clear policy direction. International capital is flowing into both solar manufacturing and project development, aligning with India’s target of 500 GW of renewable capacity by 2030.

The government’s push through schemes like PM Surya Ghar for rooftop solar has also boosted adoption among households. Distributed solar energy not only reduces grid dependency but also supports energy affordability. Analysts believe this growing adoption could further accelerate investment inflows in the sector.

Wind energy, hydropower, and bioenergy together accounted for a smaller portion of the total clean energy investments. While wind projects are picking up with hybrid models, they are yet to reach solar’s scale. Nonetheless, diversification of clean energy sources remains essential for grid stability and energy security.

Experts say India’s growing appeal lies in its transparent regulatory framework, improving infrastructure, and ambitious climate goals. Solar, being cost-competitive and scalable, is expected to remain the most preferred technology for investors in the coming years. The sector has already created strong momentum for industrial growth and job opportunities.

Corporate power purchase agreements (PPAs) are also contributing significantly to solar growth. Companies seeking to reduce carbon footprints and meet sustainability targets are increasingly signing long-term deals. This trend not only boosts demand for solar energy but also ensures steady returns for investors.

The report stresses that the coming years will be crucial for balancing investment across technologies. Storage and green hydrogen will require greater funding to complement solar and ensure round-the-clock clean power supply. Investors are likely to diversify once these technologies mature and costs decline further.

Overall, India’s clean energy inflows reflect a robust trajectory with solar at the forefront of growth. With global momentum shifting towards renewables, India has established itself as a key destination for green capital. The focus now will be on sustaining this momentum while broadening investments beyond solar to build a resilient, diversified energy ecosystem.

In Detail : CleanMax has officially filed its Draft Red Herring Prospectus (DRHP) with SEBI, marking a key step towards launching its ₹5,200 crore initial public offering (IPO). The move highlights the company’s ambition to expand its renewable energy portfolio and strengthen its leadership position in India’s green energy transition.

The IPO is set to include both fresh equity shares and an offer for sale by existing investors. This structure will allow CleanMax to raise new capital while also providing liquidity to current shareholders. The blend ensures that the proceeds are effectively distributed to fuel growth and repay obligations.

A significant portion of the proceeds will be utilized for debt repayment, reducing the company’s financial burden. By cutting down on debt, CleanMax aims to enhance its financial flexibility and allocate more resources towards expansion and innovation in renewable projects.

The company has already established itself as a leading player in the renewable sector, particularly in rooftop and open-access solar solutions. With this IPO, CleanMax intends to scale its operations further and cater to the rising demand for clean, sustainable power across industrial and commercial segments.

CleanMax’s projects currently serve a wide range of clients, including corporates, institutions, and industries. Its emphasis on decentralized renewable solutions aligns well with India’s energy transition goals, offering companies affordable and reliable clean energy options.

Through the upcoming IPO, the company also plans to invest in expanding capacity and exploring new avenues in renewable energy, including hybrid and storage-based solutions. These initiatives will strengthen CleanMax’s ability to offer integrated clean energy services.

The renewable energy market in India continues to attract strong investor interest, driven by government policies and global sustainability commitments. CleanMax’s IPO comes at a time when momentum in the clean energy sector is at an all-time high.

Analysts suggest that CleanMax’s strong customer base and proven track record will play a key role in attracting investors to the issue. The combination of expansion plans and debt reduction signals a balanced growth strategy.

The IPO marks not just a financial milestone for CleanMax but also a significant step in India’s clean energy journey. By leveraging new capital, the company is well-positioned to accelerate renewable adoption and contribute meaningfully to India’s net-zero targets.

In Detail : India is increasingly focusing on securing its power sector against cyber threats as the country adopts digital technologies and smart grid solutions. With electricity systems becoming more interconnected, vulnerabilities are rising, making cybersecurity a critical priority for the future of energy security. The government is proactively addressing these challenges to safeguard essential infrastructure.

The transition to smart grids and advanced digital systems has improved efficiency, monitoring, and energy management. However, these innovations also expose power systems to cyberattacks that could disrupt supply. Recognising this risk, authorities are strengthening frameworks to build resilience and protect against such potential disruptions.

Cybersecurity experts emphasize that securing power grids requires a mix of advanced technology, strong monitoring, and skilled manpower. Hackers targeting electricity systems could cause large-scale blackouts, impacting industries, healthcare, and households. Preventive strategies, therefore, need to be continuously updated to counter evolving threats.

The Ministry of Power, along with other agencies, is working on robust standards and protocols to ensure the reliability of electricity infrastructure. These include mandatory audits, real-time monitoring, and the use of artificial intelligence for threat detection. Such measures aim to identify vulnerabilities before they turn into risks.

India is also collaborating with global partners to learn from international best practices in power grid cybersecurity. Joint efforts are underway to share expertise, develop advanced tools, and strengthen policy frameworks. These initiatives are expected to help India build a resilient system capable of withstanding sophisticated attacks.

The private sector too plays a major role in this mission. Power producers, transmission companies, and distribution firms are being encouraged to invest in cybersecurity infrastructure. Training their personnel and adopting the latest protective technologies will be crucial in creating a strong defense mechanism.

Another significant focus area is capacity building. By training engineers, cybersecurity professionals, and grid operators, the country aims to develop a skilled workforce capable of handling emerging cyber risks. This long-term investment will ensure sustainability in grid security measures.

Public awareness and consumer protection are also being considered vital. As smart meters and digital payment systems expand, citizens must be assured of data privacy and system reliability. Awareness campaigns will help consumers play a proactive role in identifying and reporting potential risks.

India’s push toward securing its power grids is not only about preventing cyberattacks but also about ensuring uninterrupted energy supply. As the backbone of economic growth, a safe and secure power network will enable industries, services, and communities to thrive in a digital age. This proactive approach highlights India’s commitment to a future-ready energy sector.

In Detail : India’s Production Linked Incentive (PLI) scheme has significantly accelerated the growth of domestic solar manufacturing. The initiative has enabled the country to reach 18.5 GW of solar module production capacity, a major milestone in renewable energy development.

Solar cell manufacturing has also expanded under the scheme, with 9.7 GW of capacity now operational across the country. This increase supports greater integration of solar power into the national grid.

Ingot-wafer production has grown to 2.2 GW, enhancing the upstream segment of the solar supply chain and reducing reliance on imports of raw materials for domestic module production.

The PLI scheme provides financial incentives to manufacturers, encouraging investment in technology, capacity expansion, and quality improvements. This has made Indian solar products more competitive globally.

By boosting local production, the program aims to reduce import dependence, particularly from countries that dominate the global solar supply chain. This supports India’s energy security and self-reliance goals.

The expansion of manufacturing capacity under PLI is aligned with the government’s target of achieving 500 GW of renewable energy by 2030, making solar a key component of India’s clean energy transition.

Industry stakeholders have praised the scheme for fostering innovation, creating jobs, and promoting sustainable industrial growth within the renewable energy sector.

The government continues to monitor progress under PLI, identifying opportunities to further enhance production capabilities, streamline regulations, and attract additional investment.

With strong growth in module, cell, and ingot-wafer capacities, India is positioning itself as a global hub for solar manufacturing, strengthening both its domestic energy infrastructure and export potential.

In Detail : India’s transformer market is poised for significant growth, with projections indicating it will cross ₹40,000 crore by FY26. This surge is being fueled by increased investments in the country’s transmission and distribution (T&D) infrastructure.

The expansion of T&D networks is essential to meet the rising electricity demand across urban and rural areas. Government initiatives to strengthen grid reliability are further accelerating the demand for transformers.

Integration of renewable energy sources like solar and wind into the national grid is also driving the need for modern, efficient transformers. These systems are crucial for handling variable power generation and ensuring stable supply.

Grid modernization projects, including smart grid development, are adding momentum to the market. Advanced transformers with enhanced efficiency and reduced energy losses are gaining preference among utilities and developers.

Manufacturers are responding to the growing demand by increasing production capacity. Many are investing in new facilities, upgrading technology, and enhancing quality control measures to meet evolving industry standards.

Adoption of automation, digital monitoring, and predictive maintenance in transformers is becoming more common, improving operational reliability and reducing downtime.

The government’s focus on achieving its renewable energy targets and electrification goals is expected to sustain market momentum over the next few years.

Additionally, private sector participation in the power sector is expanding, leading to greater competition and innovation in transformer design and manufacturing.

By FY26, the Indian transformer industry is likely to be a key enabler of the nation’s power infrastructure, supporting its clean energy transition and long-term economic growth.

In Detail : India’s power demand increased by 2.4% in July compared to the same month last year, reaching 154 billion units, according to Crisil Intelligence. This growth was largely driven by strong industrial activity, signaling a rebound in economic momentum.

Hydropower generation saw a significant surge of 36%, thanks to abundant rainfall during the month. This increase helped balance the power mix and provided cleaner energy to the grid.

Renewable energy sources, including solar and wind, also grew by 7.2%, reflecting ongoing investments and policy support for clean energy expansion across the country.

Conversely, thermal power generation, mainly coal-based, experienced a decline. Coal’s share in the overall generation mix dropped from 66% a year ago to 63% in July 2025.

The average real-time market price for electricity fell by 23%, settling at ₹3.83 per unit. This decline indicates an ample power supply and improved efficiency in the electricity market.

Coal inventories at thermal power plants stood at 18 days’ worth of stock in July, slightly lower than the 21-day average in previous months. This reflects steady coal consumption aligned with demand.

Looking ahead, Crisil projects power demand growth in the fiscal year 2025–26 to moderate to around 2.5% to 3.5%, a slight slowdown compared to previous years.

This moderation is attributed to structural changes in the economy and increased energy efficiency measures, which may temper future demand growth while supporting sustainability goals.

India’s evolving power sector landscape highlights the ongoing transition toward cleaner energy sources and balanced resource management, ensuring reliability and affordability for consumers nationwide.

In Detail : India has achieved record-low tariffs for green ammonia in recent tenders, drawing attention from industry experts worldwide.

These competitive prices are being hailed as a sign of India’s growing strength in the global clean energy and green fuel markets.

Experts attribute this achievement to a combination of strong policy support, rapid renewable energy capacity expansion, and falling technology costs.

The country’s abundant solar and wind resources have enabled producers to generate low-cost renewable electricity, a key input for green ammonia production.

Advanced electrolysis technologies and improving supply chain efficiencies are also helping reduce overall project costs.

Industry leaders believe that such low tariffs will make India an attractive destination for green ammonia production on a large scale.

This opens opportunities for India to emerge as a significant exporter of green ammonia, catering to the global demand for decarbonized fuels.

The development is also expected to boost domestic adoption, especially in sectors like fertilizers, shipping, and industrial processes.

By leveraging its cost advantages and policy framework, India is positioning itself as a leader in the global green hydrogen and ammonia transition.

In Detail : India’s renewable energy capacity has reached a significant milestone in its power sector transformation. By the end of the second quarter of 2025, renewables, including large hydro, accounted for 48.3% of the country’s total installed power capacity. This achievement highlights the pace at which the clean energy sector is expanding nationwide.

The total installed renewable capacity now stands at approximately 234.2 GW. This includes contributions from solar, wind, biomass, small hydro, and large hydro projects, collectively forming nearly half of India’s power mix. The rapid addition of new capacity in recent years has been instrumental in achieving this share.

Solar power has been the leading contributor to this growth, supported by large-scale solar parks and rooftop installations under various government schemes. Wind energy projects, both onshore and offshore in development, continue to strengthen the renewable portfolio.

Large hydro projects also remain a key part of the mix, providing steady and dispatchable clean energy, which complements the variability of solar and wind power. These hydro resources are critical for maintaining grid stability as renewable penetration increases.

This progress brings India closer to its 2030 target of having 50% of its power capacity from non-fossil fuel sources. Achieving this milestone ahead of schedule would further strengthen India’s position in global climate leadership.

The renewable energy push is also reducing the country’s dependence on fossil fuels. Lower coal usage in the power sector has environmental benefits, including reduced greenhouse gas emissions and better air quality in urban and industrial regions.

Investments from both domestic and international players have fueled this expansion. Policy measures such as competitive bidding, production-linked incentives, and streamlined project approvals have created an enabling environment for growth.

Energy experts point out that the challenge now lies in integrating this growing share of renewables into the grid effectively. Storage solutions, transmission infrastructure upgrades, and smart grid technologies will play a vital role in ensuring reliability.

With nearly half of the power capacity already from clean sources, India is well on its way to achieving a greener, more sustainable energy system, while also meeting its climate commitments and supporting economic growth through green jobs and industries.

In Detail : UBS has initiated coverage on four prominent Indian companies — BHEL, Waaree, Suzlon, and Premier Energies — signaling strong optimism for their future performance. The global brokerage sees up to 40% upside potential in these stocks, driven by structural growth trends in the clean energy and infrastructure sectors.

The coverage comes amid growing momentum in India’s renewable energy transition, supported by favorable government policies and rising investor interest. UBS believes these companies are well-positioned to capitalize on this transformative phase.

BHEL, a public sector engineering and manufacturing giant, is expected to benefit from its strong presence in power equipment and increasing orders in clean energy infrastructure. UBS sees improved execution and order inflows driving valuation gains.

Waaree, one of India’s leading solar module manufacturers, has been recognized for its fast-growing market share and expanding manufacturing capacity. UBS highlights the company’s alignment with the government’s solar push as a major advantage.

Suzlon, a veteran in the wind energy sector, has shown a sharp turnaround in recent quarters. UBS points to the company’s improving balance sheet and expanding project pipeline as key factors in its bullish outlook.

Premier Energies, an emerging player in solar PV manufacturing, is seen as a potential growth leader. UBS expects strong demand, export opportunities, and capacity expansion to drive future performance for the company.

The brokerage notes that India’s commitment to energy security and decarbonization is creating long-term growth opportunities for domestic manufacturers and solution providers in the renewable space.

UBS’s positive outlook also reflects confidence in the global trend toward clean energy, where Indian companies are increasingly playing a competitive role. The brokerage expects institutional and retail investor interest to rise in these names.

With structural reforms, increasing investments, and technological advancements, these four companies are positioned to benefit significantly in the medium to long term. UBS’s report could serve as a catalyst for renewed focus on India’s clean energy leaders.

In Detail : Gujarat has emerged as India’s fastest-growing state in solar power for the financial year 2024–25, registering an impressive 50% surge in solar energy generation. This significant leap has positioned the state as a national leader in renewable energy expansion, reinforcing its long-standing commitment to clean power.

The growth is attributed to a combination of large-scale solar parks, aggressive rooftop solar adoption, and favorable policy support. Industrial zones and rural areas alike have seen increased solar penetration, supported by proactive state-level initiatives and central government schemes.

Gujarat’s total solar capacity has expanded substantially over the past year, helping the state contribute a major share of India’s overall renewable energy growth. The capacity addition includes utility-scale projects in desert zones and coastal regions, where land availability and sunlight intensity offer ideal conditions.

Rooftop solar systems have also played a key role in this growth. The state has actively promoted residential and commercial rooftop installations through subsidy schemes, awareness campaigns, and streamlined net metering policies, enabling faster adoption among urban and rural households.

Officials have highlighted the success of Gujarat’s solar push as a result of public-private partnerships and efficient project execution. The state’s renewable energy agencies have worked closely with developers to ensure timely approvals and infrastructure support for new installations.

In addition to boosting local energy security, the surge in solar generation is expected to reduce the state’s dependence on thermal power, thereby cutting down carbon emissions significantly. The increased renewable share also supports national climate goals under India’s COP commitments.

Gujarat’s energy mix is becoming increasingly diversified, with solar now accounting for a larger share than ever before. Experts suggest that if this growth trend continues, the state could become a net exporter of renewable energy to neighboring regions.

The government plans to scale further by commissioning new solar zones, including floating solar projects and hybrid solar-wind parks. Policy frameworks are also being updated to attract more investment and accelerate the transition to 100% clean energy in select sectors.

With this momentum, Gujarat is setting a benchmark for other states in India. Its solar success story showcases the potential of integrated planning, robust infrastructure, and community involvement in building a resilient and sustainable energy future.

In Detail : India’s stranded renewable energy projects have more than doubled, reaching over 50 gigawatts in capacity. These projects, though awarded through tenders, remain non-operational due to delays in approvals and infrastructure development.

This stranded capacity now represents nearly 25% of India’s total installed renewable energy capacity, which stands at approximately 184.6 gigawatts. The growing backlog poses a serious challenge to the country’s clean energy goals.

The main causes of the delays include the lack of timely power purchase agreements (PPAs), unfinished transmission infrastructure, and slow regulatory clearances. States like Rajasthan and Gujarat have seen significant bottlenecks.

Many developers are now facing the risk of penalties, missed deadlines, and even the loss of government incentives. These risks threaten the financial viability of several projects already underway or in advanced stages of planning.

Key players impacted by the delays include major renewable energy firms such as Adani Green, NTPC, JSW, ACME Solar, ReNew Power, and Sembcorp. Combined, these companies have billions of dollars invested in projects that remain stalled.

Industry sources report that some developers are being forced to renegotiate terms or delay commissioning due to these persistent issues. In many cases, the absence of grid access or formal contracts makes energy sales impossible.

The Sustainable Projects Developers Association (SPDA), which represents leading clean energy developers, has approached the Ministry of New and Renewable Energy for relief. They are requesting that such delays be officially recognized as force majeure events.

This classification would offer temporary protection from penalties and allow developers to seek deadline extensions or compensation for unforeseen delays. Without this intervention, investor confidence may suffer.

The situation highlights a growing gap between India’s renewable energy ambitions and on-the-ground implementation. While tendering continues at a rapid pace, the ability to operationalize and connect these projects to the grid remains a critical barrier to progress.

In Detail : India is making significant strides toward its vision of Viksit Bharat by accelerating the adoption of solar energy across sectors. This bold move marks the beginning of a new solar frontier aimed at transforming the nation’s energy landscape.

The government’s commitment to renewable energy has led to record capacity additions, supported by clear policy direction and strategic investments. Solar energy now plays a pivotal role in India’s clean energy transition.

Ambitious targets under the National Solar Mission and the PM Surya Ghar Yojana are enabling households, industries, and institutions to tap into solar power more affordably and efficiently.

The push for rooftop solar in urban and rural areas, combined with incentives for domestic module manufacturing, is reducing reliance on imports and boosting self-reliance under the Atmanirbhar Bharat initiative.

Large-scale solar parks, floating solar projects, and hybrid renewable installations are gaining momentum, further diversifying India’s energy mix and stabilizing power availability.

The economic impact is notable, with solar energy creating thousands of jobs, stimulating local economies, and attracting foreign investment in clean technology and infrastructure.

Technological innovation and digital integration, including smart inverters and AI-driven grid management, are improving solar system performance and grid stability.

India’s solar expansion also addresses climate goals by reducing carbon emissions and supporting global climate commitments under the Paris Agreement.

As India powers ahead, this new solar frontier is not just about clean energy—it’s about empowering citizens, enhancing energy security, and laying the foundation for a truly developed and sustainable Bharat.

In Detail : India’s electric vehicle revolution is gaining momentum beyond metropolitan hubs, with the latest government data revealing significant infrastructure growth. The Centre has disclosed that tier 2 cities across the country now boast 4,625 operational EV charging stations, marking a crucial step in nationwide electrification efforts. This development comes as part of India’s broader strategy to promote sustainable transportation alternatives and reduce carbon emissions.

The distribution of these charging stations shows interesting regional patterns, with certain states emerging as frontrunners in EV adoption. Uttar Pradesh, Rajasthan, and Gujarat currently lead in charging infrastructure deployment, benefiting from proactive state policies and growing consumer demand. These installations are strategically located across city centers, highways, and commercial hubs to ensure maximum accessibility for EV owners in these developing urban centers.

Government initiatives like the FAME-II scheme have played a pivotal role in this expansion, offering subsidies and incentives for charging infrastructure development. The program has successfully encouraged both public and private sector participation, creating a more robust ecosystem for electric mobility. Officials note that this infrastructure growth is keeping pace with the increasing sales of electric vehicles in these cities.

Private companies have contributed significantly to this charging network, accounting for nearly 60% of the installed stations. Major energy firms and startups have recognized the business potential in tier 2 cities, investing in fast-charging technologies and innovative payment solutions. This private sector involvement has helped accelerate deployment beyond what government efforts could achieve alone.

The charging infrastructure in these cities includes a mix of charging technologies to serve different vehicle types. While the majority are AC chargers suitable for personal EVs, the network also includes DC fast chargers along major routes for commercial vehicles. This diversified approach ensures that both individual owners and fleet operators can reliably transition to electric mobility.

Local businesses in tier 2 cities are beginning to see the economic benefits of hosting charging stations. Shopping complexes, hotels, and restaurants that have installed chargers report increased footfall from EV owners, creating new revenue streams. This commercial incentive is further driving the organic growth of charging infrastructure beyond government-mandated installations.

Challenges remain in ensuring equitable distribution across all tier 2 cities, with some regions still lagging in infrastructure development. The government acknowledges this disparity and plans to introduce targeted interventions in underserved areas. Special focus is being given to cities with high two-wheeler EV adoption but inadequate charging facilities.

The growing charging network is having a measurable impact on consumer behavior, with EV sales in tier 2 cities showing a 78% year-on-year increase. Analysts suggest that the availability of reliable charging options is reducing range anxiety and making electric vehicles a more practical choice for middle-class buyers in these markets.

Looking ahead, the government aims to double the number of charging stations in tier 2 cities by 2025, with plans to integrate them with renewable energy sources. This expansion is expected to create new employment opportunities while supporting India’s climate goals and reducing dependence on fossil fuel imports in the transportation sector.

In Detail : Sunsure Energy and Enerica Green have emerged as the successful bidders in NVVN’s inaugural Battery Energy Storage System (BESS) auction. This auction was held for 250 MW/1,000 MWh of energy storage capacity, marking a significant milestone in India’s clean energy journey.

The auction, conducted by NTPC Vidyut Vyapar Nigam (NVVN), drew widespread interest from top energy storage developers. The goal was to support grid reliability and smooth integration of renewable power sources.

Sunsure Energy secured 150 MW/600 MWh of the awarded capacity, positioning itself as a major player in India’s utility-scale energy storage sector. The company’s bid stood out for its competitive pricing and technical readiness.

Enerica Green won the remaining 100 MW/400 MWh, further strengthening its presence in the energy storage market. Both companies offered highly competitive tariffs, reflecting growing investor confidence in India’s storage potential.

This BESS auction was conducted under the PM Surya Ghar Muft Bijli Yojana, which promotes solar energy and energy storage adoption at a national level. The initiative is part of India’s broader plan to achieve 500 GW of non-fossil fuel capacity by 2030.

These storage systems will play a crucial role in ensuring round-the-clock renewable power supply. They are designed to absorb excess solar and wind energy during the day and dispatch it during peak demand hours.

The success of this auction is expected to pave the way for larger-scale storage deployments. It sets a benchmark for future BESS tenders and demonstrates the commercial viability of grid-scale energy storage.

Developers like Sunsure and Enerica are expected to use advanced lithium-ion battery technologies for the projects. The systems will likely be installed across multiple strategic locations to support regional grid operations.

India’s commitment to renewable energy and storage is gaining momentum, and this auction marks a turning point. As costs decline and policies evolve, battery storage is set to become an integral part of the country’s clean energy infrastructure.

This pioneering auction covers the supply of 75,000 metric tonnes per annum of Green Ammonia to Paradeep Phosphates Limited, Odisha. It is the first in a planned series of 13 auctions over the coming month, under a tender aggregating a cumulative procurement capacity of 7.24 lakh MT/year.

The discovered price translates to approximately USD 641/MT, a substantial drop from the previously discovered price of USD 1,153/MT in the H2Global auction. With Grey Ammonia prices reaching USD 515/MT (as of March 2025), this 10-year fixed-price bid provides strong economic rationale for offtakers to initiate their clean energy transition journey.

SECI, acting as the intermediary procurer, has successfully anchored the auction under the guidance of the Ministry of New & Renewable Energy (MNRE), with steadfast support from the Department of Fertilizers and the participating offtakers.

This price discovery marks a watershed moment in India’s Green Hydrogen journey and reinforces the country’s vision of becoming a global hub for Green Hydrogen production. The auction witnessed intense competition, reflecting the strong investor and developer confidence in India’s green energy transition framework.

SECI congratulates M/s ACME Cleantech Solutions Pvt. Ltd., the winning bidder, for achieving this historic tariff. The cost-discovery-based model deployed here directly addresses one of the sector’s biggest barriers – offtake assurance for Green Hydrogen derivatives. With robust payment security mechanisms in place, the scheme unlocks confidence across the value chain and enables large-scale adoption of Green Ammonia and other derivatives.

In Detail : Hyundai Motor and Kia have signed a strategic agreement with Exide Energy Solutions to procure India’s first locally manufactured lithium-iron-phosphate (LFP) battery cells. These cells will be used in their upcoming electric vehicle models tailored for the Indian market.

The partnership represents a major step toward localizing EV component manufacturing, aligning with India’s ambitions to reduce import dependence and promote clean mobility. Production of the battery cells will begin at Exide’s new facility in Bengaluru by late 2024.

The Bengaluru plant, developed in phases, is expected to eventually reach an annual capacity of up to 12 GWh. The locally made LFP cells will offer high durability, safety, and long life, making them suitable for Indian road and climate conditions.

This collaboration is part of Hyundai Motor Group’s larger investment plan of over $2.4 billion in India over the next decade. The plan includes EV development, battery production, and advanced R&D capabilities to strengthen their market presence.

For Exide, this deal signals a major transition from its legacy lead-acid battery business toward cutting-edge lithium-ion cell production. The partnership positions Exide as a key domestic supplier in India’s growing EV ecosystem.

The announcement boosted investor confidence, with Exide Industries’ stock surging over 12% following the news. The collaboration is expected to drive growth for all parties involved while contributing significantly to India’s electric mobility and carbon reduction goals.A

In Detail : The Minister highlighted India’s message of ‘Oneness with Nature’ and integrating Sustainable Lifestyles in the Effective Management of Wetlands, at the High-level Ministerial Segment

Over the past decade, India expanded the list of Ramsar Wetlands by 250 percent and achieved Asia’s Largest Network comprising 91 Sites: Shri Bhupender Yadav

Over 2 Million Citizens Mobilized Under Mission Sahbhagita and Save Wetlands Campaign, Supporting Ground-Truthing of 170,000+ Wetlands across India

Union Minister for Environment, Forest and Climate Change, Shri Bhupender Yadav, is leading the Indian delegation at the 15th Meeting of the Conference of the Contracting Parties (COP15) to the Ramsar Convention being held at Victoria Falls, Zimbabwe from 23rd July to 31st July 2025.

Addressing the event, Shri Yadav highlighted India’s contribution to global wetlands conservation, informing that India has 91 Ramsar Sites (1.36 million ha), which is the largest network in Asia and third largest globally. He highlighted this achievement during his intervention on ‘Strengthening Policy and Legal Frameworks by Mainstreaming Wetlands Conservation’ at the High Level Ministerial Segment of COP15.

In his address, Shri Yadav stated, “Over the past decade, we have expanded this network by 250 percent. For the first time, two Indian cities—Udaipur and Indore—have been accredited as Wetland Cities, showing our commitment to urban wetlands.”

Referring to the leadership of the Prime Minister Shri Narendra Modi and his message of “Oneness with Nature” and “Vasudhaiva Kutumbakam”, Shri Yadav highlighted the active participation of communities through ‘Mission LiFE’ and ‘Ek ped Maa ke naam’. These visionary initiatives of the Prime Minister, he stated, supplement the efforts in protection of nature, conservation of wetlands flora and fauna, abating degradation and erosion of soil. The Minister invited all to plant a tree in the name of mother and advised all to adopt Mission LiFE i.e environment friendly lifestyle.

Aligned with this, India’s ‘Mission Sahbhagita’ and the ‘Save Wetlands Campaign’ have mobilised more than 2 million citizens, resulting in the ground-truthing of over 170,000 wetlands and the boundary demarcation of nearly 100,000 wetlands across the country.

The Minister emphasized that wetland conservation in India is deeply rooted in constitutional, legal, and policy frameworks. The Indian Constitution encapsulates this spirit by mandating the State and citizens to protect and conserve the environment and to safeguard forests and wildlife. Conservation of wetlands has been mainstreamed in India’s sectoral plans and programmes, including, the National Biodiversity Strategy and Action Plan, National Wildlife Action Plan.

Highlighting the UNEA Resolution 6/8 on sustainable lifestyles, the Minister emphasised mainstreaming of sustainable lifestyles in India’s policy and programmes, including conservation of wetland.

During the visit, the Minister also engaged in bilateral meetings with the heads of the Convention on International Trade in Endangered Species of Wild Flora and Fauna (CITES), Ramsar Convention on Wetlands, Convention on Conservation of Migratory Species of Wild Animals (CMS). A meeting was also held with the Minister of Environment, Climate and Wildlife, Zimbabwe, Dr. Evelyn Ndlovu, to advance cooperation on wetland restoration and knowledge exchange.

The Minister further highlighted the importance of India’s Global Environmental Initiatives to advance climate action and biodiversity conservation through international partnerships, such as the International Big Cat Alliance (IBCA), Coalition for Disaster Resilient Infrastructure (CDRI), International Solar Alliance (ISA), and Sustainable Lifestyles and requested to join these international initiatives.

The Ramsar COP15 brings together 172 Contracting Parties, International Organisation Partners, scientific institutions, civil society, and community representatives to agree on work programme and budgetary arrangements for the next triennium and consider guidance on a range of ongoing and emerging environmental issues. India’s active participation at COP15 underscores its unwavering commitment to wetlands conservation, climate leadership, and advancing the principles of ecological sustainability and intergenerational equity.

In Detail : India’s automobile manufacturing sector has the potential to reduce its emissions by up to 87% by 2050, according to a recent report by the Council on Energy, Environment and Water (CEEW). The reduction would be possible through the widespread use of renewable energy and the adoption of low-carbon steel in production processes.

The study emphasizes the urgent need for the auto industry to transition to clean energy sources, including solar and wind, to power manufacturing units. Electrifying operations with green electricity would significantly cut emissions from factories and assembly plants.

Another major contributor to decarbonisation is the use of low-carbon steel, which includes both hydrogen-based and scrap-based steel. Since steel is a major input in vehicle production, changing how it’s made can greatly reduce the industry’s carbon footprint.

Currently, Scope 3 emissions — which include emissions from the supply chain — account for more than 83% of total emissions in the auto manufacturing sector. This means that most of the emissions are not from final assembly but from the materials and processes used to make vehicle components.

Addressing these upstream emissions is critical. Manufacturers will need to work closely with suppliers of raw materials, especially steel, to ensure cleaner production methods and better energy efficiency. This supply chain collaboration is vital for meaningful progress.

The report also notes that technological innovation, coupled with supportive policies, can help make low-carbon materials more accessible and cost-effective. Government incentives and clearer emissions standards could accelerate the shift toward greener alternatives.

Decarbonising India’s auto sector is not just an environmental priority but also an economic opportunity. Cleaner manufacturing could help Indian automakers remain globally competitive as international markets increasingly favor low-emission products.

The transformation would require significant investment in both energy infrastructure and material innovation. However, the long-term benefits in terms of emission reduction and energy security make it a worthwhile goal.

As India moves toward its climate commitments and net-zero targets, the automobile sector’s role becomes crucial. Cutting manufacturing emissions through clean electricity and sustainable materials offers a clear path to a greener industrial future.

In Detail : India’s clean technology sector is witnessing rapid growth, with exports reportedly reaching ₹54,000 crore. This surge reflects the country’s increasing role as a global supplier of solar modules, wind components, and other green energy solutions. The trend aligns with global efforts to decarbonize energy systems and shift towards sustainable infrastructure.

The export growth is being driven by rising international demand for affordable and efficient renewable energy technologies. India’s manufacturing base, supported by government initiatives and private investments, is increasingly catering to countries seeking to expand their clean energy capacity.

Solar module exports, in particular, have seen exponential growth in recent years. Reports suggest a significant year-on-year increase, showcasing India’s competitiveness in clean tech manufacturing. This growth has been facilitated by production-linked incentives and the push for self-reliance under programs like Make in India.

In tandem with export expansion, the clean energy sector is also expected to become a major employment generator. Industry estimates project the creation of 7.3 million green jobs by FY2028. These jobs will span manufacturing, installation, maintenance, research, and policy support roles.

Looking further ahead, green employment is forecast to rise to 35 million jobs by 2047. This long-term growth is linked to India’s climate commitments, energy transition goals, and the integration of renewable technologies across various sectors including transportation, agriculture, and construction.

The clean tech boom not only contributes to economic growth but also supports India’s ambitions to become energy independent and environmentally responsible. Export revenues provide a strong incentive for both public and private sectors to continue scaling up capabilities.

Several Indian companies are now exporting solar modules and inverters to countries in Asia, the Middle East, Europe, and Africa. This global footprint is expanding as international buyers seek reliable and cost-effective partners for their energy transition goals.

Government policies such as the Production Linked Incentive (PLI) scheme, domestic content requirements, and favorable trade terms are playing a pivotal role in boosting both production and exports. These policies also encourage the development of a skilled workforce for the green economy.

As the world moves towards net-zero targets, India’s clean tech sector is positioned to serve as both an economic engine and a global partner in sustainability. The dual benefits of job creation and rising exports underscore the transformative potential of the country’s green transition.

In Detail : Vena Energy has signed a landmark 100 MW load-following Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI), marking a first-of-its-kind deal in the country. The agreement falls under the Firm and Dispatchable Renewable Energy (FDRE) scheme and signifies a major shift in how renewable power will be delivered to the grid.

Unlike traditional renewable energy contracts, this load-following PPA ensures that Vena Energy will supply renewable power that matches the hourly demand profile of the purchasing distribution companies (DISCOMs). This makes the renewable energy output more predictable and reliable, helping to stabilize grid operations.

To meet these requirements, Vena Energy will develop an integrated hybrid project combining solar, wind, and battery energy storage systems. The combination will allow energy to be stored and dispatched as needed, ensuring consistent supply even when wind or solar generation dips.

The 25-year agreement demonstrates the growing confidence in advanced energy technologies that can offer firm and dispatchable clean power. It also showcases Vena Energy’s capability to manage complex energy solutions that address the intermittency challenges associated with renewables.

India’s FDRE scheme was launched to promote renewable energy projects that can provide power on demand, much like conventional fossil-fuel-based plants. This project under the FDRE initiative marks the first successful step in that direction, setting a precedent for future developments.

The project is expected to play a critical role in supporting India’s grid as the country increases its reliance on renewable energy sources. By aligning supply with demand patterns, it reduces curtailment and maximizes the value of green energy investments.

Vena Energy’s achievement reflects the company’s commitment to technological innovation and long-term sustainability. It also emphasizes the growing importance of hybrid renewable systems in meeting India’s ambitious clean energy goals.

This contract will help SECI and the DISCOMs it serves to meet their renewable purchase obligations with a higher level of assurance regarding power availability. It also benefits consumers by potentially improving power quality and reducing dependency on thermal power.

The successful signing of this PPA sets the stage for more such agreements in the future, encouraging other developers to adopt similar strategies. It is a major milestone in India’s energy transition and underscores the role of flexible, firm renewable energy in achieving net-zero targets.

In Detail : Larsen & Toubro (L&T) Energy GreenTech is set to establish India’s largest green hydrogen plant at Indian Oil Corporation’s Panipat Refinery. This significant project aligns with the country’s broader mission to reduce industrial carbon emissions and promote cleaner alternatives to fossil-based energy sources.

The plant will produce 10,000 tonnes of green hydrogen annually, making it the biggest facility of its kind in India. The green hydrogen will be generated using electrolysis powered by renewable energy, ensuring minimal environmental impact during production.

L&T has entered into a long-term agreement with IOCL to supply green hydrogen for a duration of 25 years. This deal reflects the confidence both companies have in green hydrogen’s potential to decarbonize hard-to-abate sectors like oil refining.

The green hydrogen produced at this facility will replace grey hydrogen, which is currently derived from natural gas, at the Panipat Refinery. This transition will help reduce the carbon footprint of one of India’s major oil refining operations.

This project also marks a major milestone for L&T Energy GreenTech, which has been expanding its portfolio across the clean energy value chain. The Panipat plant further solidifies its position as a key player in India’s hydrogen ecosystem.

For IOCL, this initiative is part of its broader decarbonization roadmap, which includes transitioning to green fuels, enhancing energy efficiency, and investing in new energy technologies. Green hydrogen is a critical component in its long-term sustainability strategy.

The plant is expected to be powered by renewable electricity, potentially sourced from solar or wind, to ensure that the hydrogen produced qualifies as “green.” The integration of storage and electrolyzer systems will be designed for continuous and reliable supply.

By launching this ambitious project, both L&T and IOCL are contributing to India’s National Green Hydrogen Mission, which aims to position the country as a global hub for green hydrogen production and export in the coming decades.