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The Ministry of New and Renewable Energy (MNRE) has denied reports of advising lenders to halt financing for renewable energy projects. The ministry clarified it shared information on solar PV manufacturing capacity to aid informed financing decisions, reaffirming commitment to self-reliance in the sector. View More
As of December 2025, around 23.9 lakh households have already installed these systems, generating 7 GW of clean power View More
With more than 7.47 lakh solar pumps already installed and a target of 10.45 lakh, Maharashtra is now at the forefront of India’s agricultural renewable-energy transition View More
Set to process 10,000 liters of milk per day, this facility will support the Army’s daily requirement of 20,000 liters and involve around 1,500 local farmers. View More
The project, located at the reservoir of Kadana Dam, marks a major expansion of the company’s RE capabilities into the high-potential floating solar segment View More
According to estimates from Wood Mackenzie, India’s solar module manufacturing capacity will exceed 125GW by 2025, which is more than three times its domestic demand. The pain of oversupply could force consolidation, separating the men from the boys. View More
The global green economy is experiencing unprecedented growth, projected to surpass $7 trillion by 2030. India is at the forefront, significantly increasing its renewable energy output. Companies that adopt eco-friendly practices are not only seeing accelerated revenue but also reduced investment expenses. View More
NEW DELHI: The global green economy has surpassed $5 trillion and is projected to exceed $7 trillion in annual value by 2030, with India expected to clock the highest growth in renewable electricity capacity and generation, a new report said on Tuesday. The World Economic Forum report , developed in collaboration with the Boston Consulting Group, said businesses across industries are already benefiting from the strong growth of the green economy, the second-fastest growing sector over the past decade. The research indicated that despite economic uncertainty and diverging environments, investment in green technologies continues to reach record highs. It identified the green economy as one of the world's fastest-growing sectors, outpaced only by tech, and highlights the advantages enjoyed by many companies embracing green solutions. The WEF said the research shows that companies with green revenues often outperform across multiple financial metrics. Live Events On average, green revenues grow two times faster than conventional business lines across the market, while the cost of capital for companies with green revenues is typically lower, it noted. Firms generating more than 50 per cent of their revenues from green markets often enjoy valuation premiums of 12-15 per cent on capital markets, reflecting investor confidence in their long-term resilience and profitability, the WEF said. According to the report, renewable capacity is set to grow at an average of 10 per cent per year globally in most regions, with India leading the charts with 16 per cent, followed by China's 15 per cent, between 2024 and 2030. Renewable electricity generation will grow at 9 per cent globally, with India again leading the charts with 13 per cent and China at 12 per cent in the same period. It also said that India and China both have seen their annual investment in clean energy rise at 12 per cent annually from 2019 to 2024, though the actual investment figure is the highest in the case of China. The report featured 14 case studies, including ReNew from India. ReNew has grown into one of India's leading independent renewable power producers with a diversified pipeline of more than 28 GW across wind, solar, storage and emerging green fuels. ReNew Chair and CEO Sumant Sinha said energy security is a critical priority for a developing country like India. "We are rich in renewable energy resources, so the more energy we produce domestically, and the more equipment we manufacture to enable that, the safer and more resilient we become in the current context. "India is thus increasingly focused on tapping all available local resources. That’s why the government continues to advance low-carbon solutions like green hydrogen and green ammonia to reduce import dependence and enhance strategic autonomy," he said. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now!
Despite 67.5 GW bid out since April 2023, delays in signing power purchase and sale agreements threaten India’s 2030 renewable targets. View More
The PNGRB’s “Vision 2040” report calls for proactive gas infrastructure development, but analysts say LNG will have to compete with cheaper domestic coal, expanding solar capacity, batteries and pipeline gas View More