ReNew will break ground in Andhra Pradesh’s Anakapalli district on a ₹5,400 crore, 6 GW solar ingot and wafer manufacturing facility. Tied to the state’s Integrated Clean Energy Policy 2024, the project aims to strengthen India’s domestic solar supply chain, cut import dependence, and support clean energy targets. It is expected to be commissioned within 24 months and create 2,100 jobs.
Tata Power says it will stop investing in new coal-fired power plants, while targeting a major solar milestone in the fourth quarter of FY25. The company is also preparing to begin a significant hydro project in January 2025, reinforcing its shift toward cleaner energy backed by financial discipline.
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In 2020, Tata Power took over Odisha’s electricity network when it was in disarray. Five years later, the state has become Tata Power’s standout turnaround and a platform for an ambitious INR10,000-crore clean energy plan. The success story underscores how fixing reliability and operations can unlock major investment momentum in the power sector.
India is planning a major wind energy expansion, aiming to reach 100 gigawatts by 2030 and 156 gigawatts by 2036. The move, flagged by Pralhad Joshi, underscores a fast-growing clean energy roadmap, with wind expected to play a central role in powering the country’s greener future.
India’s Viksit Bharat push by 2047 is at risk if the country continues leaning on imported fossil fuels. The argument: clean energy is essential not just for climate goals, but for economic stability and global influence. Progress in non-fossil power and green hydrogen must be accelerated, with stronger storage and “firm” clean power to secure energy sovereignty and developed-country status.
Clean energy startup Ecoil raised $2.5 million in a funding round led by Fundalogical Ventures. Founded in 2019 by Sushil Vaishnav and Kirti Vaishnav, Ecoil collects used cooking oil from restaurants and hotels, manages it, and converts it into biofuel. The fresh capital will help expand operations, upgrade its technology platform, and grow its footprint across major Indian markets.
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China controls most of the refining of rare earths used in chips, clean energy systems, and advanced manufacturing, even though deposits exist elsewhere. That concentration gives Beijing major leverage, raising supply-chain and geopolitical risks for Europe and other Western economies. Now governments are scrambling to secure access and reduce dependency, with industrial planning tied to mineral strategy.
Maharashtra has set an ambitious target of ₹30 lakh crore in investment to position itself as a global investment hub. The plan leans heavily on infrastructure, logistics, and clean energy, with major projects like Vadhvan Port expected to strengthen trade. The state says integrated planning and clearer regulations will help attract capital and support sustainable growth and better living standards.
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