America's systematic $2.6bn critical minerals campaign: What it means for India
US DOE backs seven critical-minerals R&D programmes as US push to break China’s grip deepens The US Department of Energy's Office of Critical Minerals and...
Latest
NTPC’s US$176.4 billion roadmap shows India’s power money is outrunning its regulators
At its 50th annual general meeting on 27 August, NTPC’s chairman and managing director, Gurdeep Singh, told shareholders the company was raising its ambitions considerably. NTPC now targets 149 GW of installed capacity by 2032, up from around 91 GW today, and 244 GW by 2037. Backing this is a cumulative capital expenditure plan of roughly ₹16.86 lakh crore (US$176.4 billion) spread across thermal, hydro, pumped storage, renewables, battery storage, coal mining and nuclear power, according to a media report....
Oil markets whiplash as mines, missiles and drones hit two fronts at once
Just days after Brent eased on hopes of a Hormuz settlement, tanker mining, US strikes on Iranian assets and a fresh Ukrainian assault on Russia’s...
India’s US$210-billion nuclear bet is running into its own rulebook
India wants to grow nuclear capacity from 8.78 GW to 100 GW by 2047, a target built on private capital, foreign reactor technology and a...
Sembcorp files $393m IPO, Adani wins $490m grid deal, Suzlon commits $1.05bn to Andhra wind
Sembcorp Green Infra files $393m India IPO on a 7.64 GW renewable portfolio Sembcorp Green Infra Limited, the Indian renewable energy arm of Singapore's Temasek-backed...
In Focus
Editor's Pick
Why South India is quietly becoming the centre of India’s EV economy
Southern India is rapidly emerging as the centre of India’s electric mobility transformation, driven by growing investments in...
Why climate change is becoming a major financial challenge for India’s banks
Indian banks are improving climate disclosures and sustainability reporting, but most remain poorly prepared for deeper financial risks...
India's rooftop solar has two economies, and only one of them is working
Behind India's impressive renewable energy capacity numbers lies a more revealing reality. Rooftop solar is already delivering measurable...
Rural India's solar reckoning: Why village grids need more than panels to work
A new IISD framework for planning rural solar villages finds that village-level solarisation can cut electricity costs nearly...
Insights
India’s US$55-b climate bill: Why insurers, not just financiers, are now pricing the risk of clean energy
India’s renewable build-out is usually measured in gigawatts. A recently released report of Zurich Resilience Solutions puts a different number on the table: the replacement...
Beyond cheap solar: The trillion-rupee battle over India's clean energy future
India's solar transition is entering a decisive new phase. While falling tariffs and rapid capacity additions have established solar as a cornerstone of India's clean...
India's next energy security challenge is not oil or coal but the critical minerals
India's energy security challenge is evolving from securing fossil fuels to securing critical minerals that power batteries, storage systems and clean-energy technologies. As energy storage...
India’s $170 billion energy bet: Why solar, coal and refining are rising together
India's energy investment is projected to reach a record US$170 billion in 2026, reflecting a strategy that goes beyond a simple transition from fossil fuels...
Energy Transition
India’s trillion-dollar steel gamble: Why green steel may soon outcompete coal-based production
India’s planned steel expansion could lock the country into massive coal imports, rising carbon costs and growing exposure to global market volatility. However, falling renewable...
India’s solar transition is becoming increasingly demand-led rather than policy-driven
India’s solar transition is entering a demand-led phase powered by data centres, AI infrastructure, green hydrogen and rising industrial electricity consumption. While renewable capacity is...
The new energy equation: How round-the-clock renewables are beginning to outcompete fossil fuels
Hybrid renewable systems combining solar, wind and battery storage are rapidly transforming global electricity markets. Falling technology costs, rising AI-linked electricity demand and geopolitical energy...
Coal's flexibility wall: Why India's solar boom needs battery storage now
India generates record levels of solar power at midday, but its coal plants cannot reduce output below a safety threshold — forcing grid operators to...
Policy
Policy
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#Solar
#India
#Discoms
India’s US$3.6-b solar pump scheme is quietly draining the water it was built to protect
PM-KUSUM has installed more than 11 lakh solar irrigation pumps and is central to India’s decentralised solar push. But as groundwater tables fall in Rajasthan,...
Why India’s oldest power contracts are becoming its newest liability
As solar capacity surges past 150 GW, India’s coal-fired plants are being forced to run flexibly, ramping down for hours each day. Yet the long-term...
Delhi’s EV pivot from subsidy to mandate signals a $130-bn test for India’s electric transition
India has poured roughly US$23 billion into electrifying its roads over five years, and registrations grew 43% in early 2026 alone — yet electricity still...
India tightens solar sourcing rules: Can domestic manufacturing justify higher costs?
India's decision to mandate domestically manufactured solar cells for key projects signals a major evolution in renewable energy policy. The move aims to reduce dependence...
Markets
Saudi Arabia signs $1.16bn in grid storage deals under Vision 2030's first BOO BESS batch
Saudi Arabia's state power procurer, the Saudi Power Procurement Company, has signed storage service agreements for four battery energy storage projects with a combined capacity...
MCX bets $21m on coal exchange to bring price transparency to India's key fuel market
Multi Commodity Exchange of India plans to invest up to ₹200 crore (US$21m) to establish dedicated trading platforms for coal and minerals, with SEBI having...
Clean-energy dealmaking accelerates amid India’s evolving infrastructure transition
India’s renewable-energy sector witnessing nearly $2 billion worth of clean-energy deals reflects the deepening financialisation of the country’s energy transition. Beyond the headline investment numbers,...
India’s energy shock bill, Andhra green push among key sector developments
India’s energy shock bill reveals the hidden cost of geopolitical dependence India may have spent nearly Rs 1 lakh crore (US$ 10.5 billion) in just...
Corporate & Finance
Reliance $28.6bn coal bet; INOX $630m Vena deal; Adani $880m GH2 contract
Reliance proposes $28.6bn underground coal gasification complex in Andhra Pradesh Reliance Industries has proposed an investment of approximately ₹2.73 lakh crore (US$28.6bn) over 30 years...
Agastya’s $815m plant, ITA’s $18bn programme and Amara Raja’s $260m gigafactory
Agastya Green Energy $815m towards 12 GW solar ingot and wafer plant in Kurnool Agastya Green Energy Limited, part of the Anubhav Agarwal Group, has...
5GW floating solar approved; Avaada closes $1.3bn finance; Oriana commits $472m
Cabinet approves 5GW PM-SSY floating solar and 10GWh BESS programme India's Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Pradhan Mantri Surya...
Solar localisation stalls; Hero invests $102 mn in Ather, Transition VC eyes $155 mn fund
Hero MotoCorp deepens India's EV push with $102 million Ather bet Hero MotoCorp's decision to deploy an additional ₹960 crore (US$102 million) in Ather Energy...
Power
India’s monsoon calm hides a discom reckoning and a busier regional grid
India's power sector traded summer's demand records for monsoon-season recalibration this week. Discom dues data, a set of regulatory moves including a storage-friendly transmission waiver,...
India’s power grid has stopped being a pipe. It is becoming a queue
India has solved its power shortage. It has not solved the sharing of its grid. A ₹9.2 lakh crore (US$96.1 billion) transmission build-out, a Haryana...
Delhi's electricity transition: Why the answer lies in imports, not generation
Delhi's electricity demand reached a record 8,748 MW in June 2026, driven by early and intensifying heatwaves, even as the city's own power generation covers...
Atomic aspirations: How nuclear energy can anchor India’s next power system
India's energy transition is entering a decisive new phase where reliability has become as important as capacity expansion. As renewable energy scales, rising electricity demand,...
Storage
Why heat, not batteries, could decide India’s next energy-storage race
India’s energy-storage debate has long centred on lithium-ion batteries and pumped hydro, but thermal energy storage is gaining attention as renewable capacity expands. From molten-salt...
Batteries are quietly rewriting solar's daily limit, and India's coal fleet is the clearest proof of it
Global solar generation reached a record 10% share of electricity in H1 2026, yet it remains overwhelmingly a daytime phenomenon, collapsing to near zero after...
India’s $95-b grid challenge: How storage is reshaping the energy transition
India’s energy transition is increasingly shifting from renewable generation towards storage, transmission and grid flexibility. Massive investments in battery storage, HVDC corridors and super-grid infrastructure...
India’s 260-GWh battery bet: Falling global prices are financing a boom built on imports, not factories
India’s energy storage tenders are exploding in scale, but a new industry assessment finds the country remains 10–15 years from making its own battery cells...
Renewables
India’s US$6.7-billion wind bet faces a reckoning as its regulatory cushion disappears
India’s wind sector is having its best year in decades, but from 31 August, it loses the special grid protection that has cushioned it since...
India's floating solar push: Making room for clean power without running out of land space
India's solar capacity has grown from 3 GW in 2014 to over 162 GW today, but land is running scarce. Floating solar, panels mounted on...
India's rooftop revolution is winning the numbers game and losing the share game
India's distributed solar capacity has surged from 1.8GW to 31.5GW since 2018, driven by government subsidy schemes. But its share of total renewable installations has...
India's changing solar assumptions: Why demand is becoming the defining challenge
India's solar sector has spent two years worrying about grid bottlenecks and land competition with farmers. New research suggests both fears are largely misplaced: land...
Green Fuels
India’s biogas ambition faces its next challenge: Making plants work efficiently
India's compressed biogas sector is scaling rapidly, backed by SATAT, the National Bioenergy Programme, and billions in projected investment. Yet beyond capacity additions, plants face...
India’s biogas push is quietly turning waste into an energy and industrial resource
India is increasingly turning to biogas and compressed biogas (CBG) as part of its clean-energy transition, viewing organic waste not merely as a disposal challenge...
Can hydrogen power India’s transport future? Buses and trains put it to the test
India’s hydrogen mobility ambitions are moving from policy discussions to real-world trials, with hydrogen fuel-cell buses operating in Delhi and India’s first hydrogen-powered train planned...
India’s $7.4-b hydrogen opportunity gathers momentum as exports, industry and investors align
India’s green hydrogen sector is rapidly evolving from policy ambition into a strategic industrial and export opportunity. Rising global demand for low-carbon fuels, expanding electrolyser...
Oil & Gas
IEA's August Outlook Deepens the Deficit. What It Means for India
IEA's August Outlook Deepens the Deficit. What It Means for India The International Energy Agency's (IEA’s) Oil Market Report for August 2026 confirms what traders...
Hormuz disruption reshapes the global gas map, and India cannot look away
The Middle East conflict has upended global gas markets since March, wiping out a fifth of LNG supply through the Strait of Hormuz and driving...
India's gas ambition at a crossroads: Reform, supply security, and the race to 15 %
India consumes natural gas at barely 5% of its primary energy mix, well short of a 15% government target for 2030. A new policy brief...
Brent slides as Hormuz eases, but India’s crude math stays complicated
Brent crude slipped roughly 9% over the week to 27 August, easing towards US$86 a barrel as Iran and Oman edged towards a Hormuz arrangement...
Coal
Coal Watch: India’s coal imports fall as weaker coking shipments outweigh thermal demand
India’s coal imports fell sharply during 23–29 August 2026, with total arrivals declining to 2.73 million tonnes (MT) from 3.42 MT in the previous week...
India’s coal supply crunch collides with a rallying global market
Between 24 and 30 August 2026, India’s domestic coal supply chain buckled under monsoon disruption even as global benchmark prices firmed. Forty-five power plants reported...
India’s coal fleet must learn to flex or its solar boom will keep hitting a wall
India crossed 50% non-fossil power capacity five years early, but its coal fleet, still supplying over two-thirds of electricity, cannot ramp down fast enough to...
Coal Watch: India's coal imports ease as weaker coking coal offsets stronger thermal arrivals
India's coal imports moderated during 9–15 August 2026, with total shipments falling to 3.42 million tonnes (MT) from 3.56 MT in the previous week, a...
Mobility
India’s EV market is racing toward US$ 191 billion, but minerals and manpower may decide its pace
India’s electric vehicle push is entering a less visible but more consequential phase. Beyond subsidies and sales charts, the real determinants of success are turning...
India's EV component market booms to 2032, with batteries still the weak link
India's electric vehicle market crossed a symbolic threshold in 2025, with EVs accounting for roughly 9.5% of all vehicle sales, up from 8.1% a year...
Can India build a globally competitive EV industry without Chinese technology?
India's electric vehicle market is expanding rapidly, backed by rising investment, policy support and growing consumer demand. Yet the industry's future may depend on a...
India’s EV race shifts from vehicle launches to battery manufacturing dominance
India’s EV industry is entering a new phase where battery manufacturing, localisation, and supply-chain control may matter more than vehicle launches alone. As subsidies decline...
Tech & AI
AI's carbon math: The technology helps oil as much as it helps solar, and that is the problem
Artificial intelligence is usually credited with making renewable energy smarter and cleaner. A new peer-reviewed study argues the fuller picture is considerably less reassuring. AI,...
AEM electrolysers enter the frame: India’s hydrogen push begins to explore next-generation pathways
AEM electrolysers are emerging as a promising next-generation technology in India’s green hydrogen push, offering a potential balance between cost and performance. By reducing reliance...
Batteries evolve into smart system assets as India’s power technology stack deepens
India’s battery storage systems are evolving from passive assets into intelligent, multi-functional components of the power sector. Advances in chemistry, power electronics and digital control...
IIT Madras develops viable alternative to conventional Li-ion
Researchers have successfully researched upon an alternative to conventional lithium-ion and lead-acid batteries for industrial usage, Indian Institute of Technology, Madras (IIT-M) told media. With...
Global
Canada bets $50bn on clean power, Argentina files $51bn LNG project and CIP closes $3bn fund
Canada's $50bn Churchill Falls deal launches North America's largest-ever clean energy programme Canadian Prime Minister Mark Carney, alongside the Premiers of Québec and Newfoundland and...
Essar’s $5.8bn UK transition move; Adnoc Gas expands Rich Gas by $8.2bn
Essar's £4.3bn UK energy transition push deepens Indian capital's footprint in Europe's low-carbon shift India's Essar Group has unveiled a £4.3 bi (US$5.8 bn) investment...
Brookfield's $25bn Bloom Energy platform, Enlight's $2.6bn financing reshapes clean-energy investment
Brookfield's $25bn Bloom platform, Enlight's $2.6bn financing reshapes clean-energy investment Brookfield Asset Management has expanded its financing partnership with Bloom Energy to $25 billion, creating...
Asia bets $5.5tn on energy security as Egypt lands a GW solar win and Pathfinder locks in financing
𝗠𝗼𝗿𝗴𝗮𝗻 𝗦𝘁𝗮𝗻𝗹𝗲𝘆 𝘀𝗲𝗲𝘀 $𝟱.𝟱-𝘁n 𝗔𝘀𝗶𝗮𝗻 𝗲𝗻𝗲𝗿𝗴𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝘀𝘂𝗽𝗲𝗿𝗰𝘆𝗰𝗹𝗲 𝗼𝗻 𝗔𝗜 𝗮𝗻𝗱 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗱𝗲𝗺𝗮𝗻𝗱 Morgan Stanley Research expects Asian governments and corporates to commit roughly US$5.5...
Climate
Climate
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#Solar
#India
#Net Zero
India’s climate finance paradox: The money is flowing to emissions, not vulnerability
India’s climate transition is becoming increasingly attractive to private capital. Solar, storage, transmission, carbon markets and carbon utilisation all offer identifiable assets or revenue streams....
Bonn’s uncomfortable truth: The climate fight is no longer just about cutting emissions
For years, global climate negotiations revolved around emissions targets, renewable energy deployment and climate finance. The Bonn Climate Conference of 2026 revealed a more complex...
India’s solar boom is running into an unexpected obstacle: Dirty air
India’s solar expansion is breaking records, but a hidden challenge is emerging. Rising air pollution is reducing the amount of sunlight reaching solar panels, cutting...
India's climate contradiction: Why a nation facing deadly heat is resisting climate legalisation
India is among the countries most vulnerable to climate change, facing intensifying heatwaves, rising economic losses and growing pressure on its power system. Yet New...