renewable energy

Uttar Pradesh Approves 22 GWh of Pumped Hydro Storage Projects in April 2025 

Uttar Pradesh Approves 22 GWh of Pumped Hydro Storage Projects in April 2025  The Pumped Hydro Storage (PHS) segment is gaining momentum in India, driven by the increasing focus on grid resilience and the demand for long-duration, grid-scale energy storage. Several states are issuing tenders and signing Memorandums of Understanding (MoUs) with project developers to initiate PHS project development.  In April 2025, Uttar Pradesh (UP) became the latest state to enter the PHS market by signing Power Purchase Agreements (PPAs)…

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50 GW RE tenders to be issued annually to achieve the 2030 target

50 GW RE tenders to be issued annually to achieve the 2030 target India has always shown its willingness in leadership to fight climate change. The country’s vision is to achieve Net Zero Emissions by 2070, in addition to attaining the short-term targets which involve expanding renewable energy capacity through the issuance of more renewable energy tenders, including solar, wind, and hybrid tenders. The government of India launched Jawaharlal Nehru National Solar Mission (JNNSM) in January 2010 as part of its National…

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India added ~11 GW of utility scale solar capacity in 2022; 47% higher than 2021 installations

India added ~11 GW of utility scale solar capacity in 2022; 47% higher than 2021 installations From January 2022 till December 2022, approximately 13,956 MW of solar capacity and 1,847 MW of wind capacity was added in India. This signifies a substantial solar energy growth in India, with solar capacity increasing by about 17.5% compared to 2021, while wind capacity grew by 26.6%. In terms of cumulative installations, according to the data released by Ministry of New and Renewable Energy…

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India’s Planned RE Capacity of 537 GW by 2030 to Require US$30 billion of New Transmission Systems

India’s Planned RE Capacity of 537 GW by 2030 to Require US$30 billion of New Transmission Systems On 7th December 2022, the Ministry of Power and New & Renewable Energy (MNRE) launched a plan to develop a transmission system for integrating 537 GW of renewable energy (RE) capacity by 2030. Achieving this target will require a significant amount of renewable energy investment in India. This plan is a major stepping stone towards India’s climate commitment of achieving 50% of cumulative…

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