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India calls end to subsidy that helped fuel clean energy boom
Economic Times
·
1m ago
Medial
India's renewable energy sector faces financial pressure as a key subsidy ends, increasing costs for new solar and wind projects. From June, these projects will pay 25% of transmission costs between states, escalating fees over time. This policy could hinder power purchase agreements and increase green energy tariffs. States are likely to localize projects to avoid high inter-state transmission charges, potentially disrupting the concentration of renewable projects in specific regions.
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India’s record renewables rollout moves it closer to 2030 goal
Economic Times
·
18d ago
Medial
India's renewable energy capacity grew significantly in 2025's first half, aligning with its 2030 clean energy objectives. The country added 22 gigawatts of capacity, a 56% increase from the previous year. This boost helped India surpass fossil fuel capacity, advancing its aim for 500 gigawatts from non-fossil sources by decade's end. Despite this progress, coal remains dominant, and substantial energy storage and grid upgrades are crucial for achieving true energy transition and net zero goals.
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Exclusive: Clean energy investment hits new highs and shows no sign of slowing | TechCrunch
TechCrunch
·
2m ago
Medial
A new International Energy Agency report reveals that global investment in clean energy is nearly double that of fossil fuels, reaching $2.15 trillion in 2025. Despite steady fossil fuel investments, clean energy investment shows a significant upward trend, suggesting no slowdown in the energy transition. Achieving net zero by 2050 would require an average annual investment of $4.5 trillion. However, ongoing exponential growth in clean energy investments indicates this target may be attainable.
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Can Bitcoin mining really support renewable energy?
The Verge
·
1y ago
Medial
A recent study suggests that Bitcoin mining, coupled with green hydrogen fuel, could potentially accelerate the shift towards clean energy. However, this concept comes with several caveats. The study proposes that energy companies or climate groups should conduct the mining using clean energy, and the profits generated should be invested in renewable energy and hydrogen production. This complex scenario would require policies to ensure funds from Bitcoin mining are dedicated to clean energy. While the idea has potential, there are significant challenges in implementation and ensuring long-term commitment from the mining industry.
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India's Fuel Demand Up 2.1% YoY in December, Despite Ongoing EV Transition Efforts
OutlookIndia
·
2m ago
Medial
India's fuel demand increased by 2.1% in December YoY, reaching 20.67 million metric tonnes despite efforts to transition to electric vehicles (EVs) and reform fossil fuel subsidies. Gasoline sales rose by 10.8%, diesel by 6%, and LPG by 5.8%, whereas naphtha sales dropped by 22.7%. India aims for net-zero emissions by 2070, with EV adoption accelerating and fossil fuel subsidies reduced by 85% since 2010, freeing resources for clean energy initiatives.
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Meta signs power agreement with Constellation nuclear plant
Economic Times
·
2m ago
Medial
Meta Platforms has partnered with Constellation Energy to keep the Clinton Clean Energy Center nuclear plant in Illinois operational for 20 years. This is Meta's first deal with a nuclear plant, supporting its energy needs as US power demand rises, driven by artificial intelligence and data centers. The agreement aids the plant beyond 2027, after Illinois's subsidy expires, ensuring stable operations and potentially influencing other tech companies to consider nuclear energy collaborations.
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India Advocates Clean Energy, Fossil Fuel Innovation at BRICS Ministers' Meet in Brazil
OutlookIndia
·
2m ago
Medial
India's Union Minister Manohar Lal emphasized the dual energy strategy at the BRICS Energy Ministers’ Meeting 2025 in Brazil. He highlighted India's commitment to integrating clean energy advancements and enhancing the efficiency of fossil fuel usage through advanced technologies. India has achieved a 90% increase in electricity capacity over the last decade and aims to reach 900 GW by 2032. The country plans to host the next BRICS energy gathering in 2026 to further these initiatives.
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Grapevine: KKR to deploy bulk of infra fund in India, Hero Future eyes pre-IPO funding
VCCircle
·
1y ago
Medial
Global investment firm KKR plans to allocate a substantial portion of its $6.4 billion infrastructure fund towards projects in India. The company aims to diversify its portfolio in sectors including roads and renewables. Meanwhile, Hero Future Energies, a leading renewable energy producer, is looking to raise funds before its planned initial public offering (IPO), to fuel its growth plans in India's booming clean energy sector.
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Clean energy push: Govt races to build transmission firms to meet 2030 goal
Livemint
·
14d ago
Medial
India is accelerating efforts to enhance its electricity transmission infrastructure to keep pace with the country's expanding renewable energy capacity. Over 30 power sector companies, mainly transmission firms, were established in early 2025 as the government aims to upgrade the grid. While India's non-fossil fuel capacity has significantly increased, the transmission network hasn't kept up. A stronger transmission system is vital to support the goal of 500 GW clean energy capacity by 2030 and manage renewable energy intermittencies.
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Gail, AM Green forge 350 KTPA e-methanol deal to drive clean energy growth | Mint
Livemint
·
10m ago
Medial
- Gail (India) Ltd and AM Green Group have joined forces to develop clean energy projects and supply 350 KTPA of carbon dioxide for e-methanol production. - The partnership aims to advance India's green energy transition and decarbonization efforts. - E-methanol, produced through the combination of green hydrogen and captured carbon dioxide, is a sustainable fuel that reduces carbon emissions in industries like shipping, steel, and cement. - The companies are also exploring solar and wind hybrid renewable projects of up to 2.5 GW across India, ensuring round-the-clock power supply. - Gail will supply the carbon dioxide from its gas processing plants, contributing to a circular economy and promoting sustainable energy solutions.
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The moment the clean-energy boom ran into ‘drill, baby, drill’
Livemint
·
1m ago
Medial
The passage of President Trump’s new legislation repeals key green subsidies, severely impacting America's solar industry. This shift threatens investments and jobs, casting uncertainty over the clean energy sector. Southern Energy Management, a solar-panel installation company, anticipates a potential sales plunge due to subsidy eliminations. Previously bolstered by tax credits under Biden's climate law, the industry now faces challenges in maintaining growth, affecting business plans, such as supply purchases from local factories.
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