Renewable Energy
Solar, wind generation crosses 100GW for first time
India is adding green capacity at a rapid clip, but the power system is not keeping pace with the renewable build-out.
3 min read17 Jul 2026Govt invites bids for 10 GWh grid-scale storage under PLI ACC
The tender will close on 13 October, and bids will be opened on 14 October.
3 min read16 Jul 2026Sprng, a new thread in Grasim's growth story as Birla's flagship
The Sprng Energy deal highlights Grasim's transformation from a manufacturing company into the Aditya Birla Group's flagship incubation platform. Like the flagships of the Adani group and Reliance Industries, it is now becoming the engine for the group's next phase of growth.
5 min read15 Jul 2026Sprng Energy changes hands again: A timeline of Shell’s $1.8 billion sale to Aditya Birla Group
Sprng Energy has changed ownership twice in under four years. Here's a timeline of how the renewable energy platform evolved from an Actis startup to Aditya Birla Group's latest acquisition.
2 min read14 Jul 2026Birla enters renewables top tier with $1.8 bn Sprng deal
Kumar Mangalam Birla has raised the stakes in India’s renewable energy race with the $1.8-bn acquisition of Sprng Energy from Shell. The transaction will more than double the Aditya Birla Group’s clean power capacity, bringing it closer to India’s biggest renewable players.
3 min read13 Jul 2026BlackSoil’s NBFC arm forays into solar financing through Creditfair acquisition
BlackSoil has acquired Credit Fair's solar financing business for about ₹45 crore, marking its entry into rooftop solar lending as it expands its retail and climate-focused loan portfolio.
2 min read9 Jul 2026Asia's hydro power slump puts pressure on coal as El Niño weakens rainfall, says S&P
Hydropower generation across seven Asian markets fell sharply in June, with India and Vietnam accounting for more than 80% of the decline, according to S&P Global Energy.
2 min read7 Jul 2026TPG, GIC and ICICI Bank acquire Aseem Infrastructure Finance for ₹5,000 crore
Aseem is a leading sustainable infrastructure debt financier with a core focus on renewable energy, power transmission and other infrastructure assets in India. It was established in 2020 by the National Investment and Infrastructure Fund, India’s sovereign-anchored alternative asset manager.
1 min read6 Jul 2026Govt plans star-ratings for batteries in solar projects and energy storages
The government’s expansion of the star-rating system, which was designed for energy conservation, follows energy security concerns triggered by the West Asia war when crude oil prices skyrocketed to above $100 per barrel.
4 min read6 Jul 2026Solar module recycling policy in the works to curb harmful impact of waste, help recover reusable materials
With a projected 4.5 million tonnes of solar PV waste by 2050, stakeholder consultations are ongoing to establish norms for safe disposal and recycling by 2029-30.
4 min read1 Jul 2026Wait for it…
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