Tata Power’s clean energy capacity to reach 16.7 GW, reports 10% YoY PAT growth . The company reported its 21st consecutive quarterly profit after tax (PAT) growth, posting ₹1,188 crore for the quarter ended December 31, 2024, marking a 10 per cent year-on-year increase.

Dec 30, 2024 · "We anticipate a surge in renewable energy investments, driven by increased participation from both private and public sectors, setting the stage for continued growth in 2025," stated Srivatsan Iyer, Global CEO, Hero Future Energies. "In 2025, green energy is expected to see rapid growth. Startups and enterprises are working diligently towards reducing the cost of energy storage solutions ...

Dec 24, 2024 · Green Hydrogen: Hydrogen companies worldwide are already struggling with canceled projects and sluggish demand. In the US, billions of dollars of projects have been stalled waiting for President Joe Biden’s administration to issue …

Nov 27, 2024 · New Delhi: India will need an investment of ₹8.2 trillion to expand its transmission infrastructure and integrate 500 GW of renewable energy capacity by 2030, according to the SBICAPS Report on the Power Sector: Transmission as a Counter-Balance to Evolving Regional Balance of Power. The report highlights that doubling the pace of annual transmission additions is essential to meet targets ...

Dec 10, 2024 · New Delhi: India’s transmission and distribution (T&D) segment is poised for a significant boost with an estimated capital expenditure of ₹9.1 trillion between FY25 and FY32, according to India Ratings and Research (Ind-Ra).

Nov 7, 2024 · New Delhi: India’s energy storage sector is set to grow by over 12 times to 60 GW by FY32, driven by a massive increase in variable renewable energy (VRE) and the need to maintain grid stability, according to an SBICAPS report.

Dec 21, 2024 · The share of coal in India's total power generation capacity dipped below 50 percent in the first quarter of 2024, the first time since the 1960s. The latest POWERup quarterly report from the Institute for Energy Economics and Financial Analysis (IEEFA) showed that renewable energy accounted for 71.5 percent of the record 13,669 megawatts (MW) power generation capacity added by India in the ...

Dec 31, 2024 · New Delhi: As barren arid land gets covered with solar panels and giant windmills dot the coastline, India made it to the high table of clean energy superpowers with installed capacity crossing 200 gigawatts and projections of investment doubling to over USD 32 billion in 2025. According to the International Energy Agency, India's annual renewable capacity additions through 2030 are expected ...

Dec 17, 2024 · Addressing the report’s release, Rajiv Memani, Chairman and CEO, EY India, and President Designate, CII, said, “As we move to realize Viksit Bharat by 2047, the peak electricity demand is expected to be more than 700 GW, which will be 2.5 times the current demand.

Dec 27, 2024 · India Renewable Energy: From vast solar parks sprawling across deserts to wind farms dotting the coasts and the gradual adoption of green hydrogen, India’s renewable energy landscape has undergone transformative growth in 2024. Surpassing 200 GW of installed capacity, the country has cemented its position as a major player in …