Renewable Energy

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NTPC Green’s Net Profit Increases 187% in Q4 FY 2025

NTPC Green Energy (NGEL) reported a net profit of ₹2.33 billion (~$27.1 million) in the fourth quarter (Q4) of the financial year (FY) 2025, up 187% year-over-year (YoY)...

May 29, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Regulators Propose Exempting PSPs from Electricity Duty, ISTS Charges

The Forum of Regulators has recommended exempting electricity duty and cess on input energy for pumping to reduce costs and promote investments in pumped storage...

May 28, 2025

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B.S. Nagaraj

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Other

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Renewable Energy

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Water
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MENA Weekly Roundup: Masdar Raises $1 Billion Through Green Bonds Issue

Masdar issued an additional $1 billion green bond, bringing the total outstanding value of its green bond program to $2.75 billion. The bond was issued in two equal...

May 28, 2025

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Tina Freese

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Renewable Energy

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Solar
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China’s Dominance in Critical Minerals Supply and Refining Continues: IEA

China was the key supplier of battery metals, including lithium, nickel, cobalt, and graphite, in 2024, according to the Global Critical Minerals Outlook 2025 report by...

May 28, 2025

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Tina Freese

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Other Energy

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Renewable Energy
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Hero, Hexa, Sembcorp, Jindal Win SECI’s 1.2 GW RTC Power Procurement Auction

Hero Solar Energy (Hero Future Energies), Hexa Climate Solutions, Sembcorp Green Infra, and Jindal India Power have won Solar Energy Corporation of India’s (SECI)...

May 27, 2025

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Tina Freese

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Renewable Energy

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Tenders & Auctions
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Real-Time Power Prices on IEX Crash to Zero as Rains Dull Energy Demand

The real-time market on the Indian Energy Exchange saw market clearing prices plunge to near-zero levels on Sunday due to a surge in power supply and a simultaneous dip...

May 26, 2025

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Arjun Joshi

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Market & Policy

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Renewable Energy
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Can GCC’s Independent Power Producers Drive a Clean Energy Future?

Gulf Cooperation Council (GCC) countries are increasingly relying on independent power producers (IPPs) to achieve their renewable energy goals. Implementation by...

May 26, 2025

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Baset Asaba

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Other Energy

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Renewable Energy
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CERC Releases Draft Virtual Power Purchase Agreement Guidelines

The Central Electricity Regulatory Commission (CERC) has released draft guidelines for virtual power purchase agreements (VPPA), which could evolve as another instrument...

May 23, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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US Clean Energy Tax Credits at Risk as Reconciliation Bill Moves to Senate

The U.S. House of Representatives passed the 2025 budget reconciliation bill, advancing it to the Senate. The bill proposes significant changes that could severely...

May 23, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Everest Industries to Source 5.5 MW Solar Power from Gentari

Building materials manufacturer Everest Industries will procure 5.5 MW of solar power from a group captive project of Amplus Energy Solution’s (now Gentari) special...

May 21, 2025

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Tina Freese

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Renewable Energy

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Solar
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India Must Step Up R&D Funding and Policy Push for Battery Storage: Interview

India added over 28 GW of renewable energy capacity in 2024, bringing the total to around 210 GW. However, to reach its 2030 target of 500 GW of non-fossil fuel energy...

May 19, 2025

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B.S. Nagaraj

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Energy Storage

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Renewable Energy
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RECPDCL Invites Bids for Transmission System Augmentation in Karnataka

REC Power Development and Consultancy (RECPDCL) has invited bids to establish an interstate transmission system (ISTS) in Davanagere and Chitradurga, Karnataka, to...

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ReNew to Set Up 2.8 GW Hybrid Renewable Energy Project in Andhra Pradesh

ReNew Energy Global (ReNew), a decarbonization solutions company, has announced it will invest approximately ₹220 billion (~$2.5 billion) to set up a hybrid renewable...

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Why Gulf States are Powering Africa’s Clean Energy Future

In rural Angola, a new 150 MW solar project is bringing electricity to thousands of homes that, until recently, relied on costly diesel generators or had no access to...

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US Draft Budget Proposes Sweeping Changes to Clean Energy Incentives

The U.S. House Ways & Means Committee has issued the initial draft of the 2025 budget reconciliation bill, proposing sweeping revisions to clean energy tax...

May 15, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy

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