Actis has kicked off the $2 billion sale of BluPine Energy, its 4 gigawatt Indian renewable platform. Standard Chartered Bank is advising the transaction as investors continue seeking exits in a steady renewables deal market. The move follows Actis’s prior successful India sales of renewable assets, signaling sustained churn in the sector.
At COP28, India is expected to build on G20 climate outcomes by backing faster renewable growth and calling for about $4 trillion annually in climate finance for developing countries. But it is unlikely to sign onto stronger coal phasedown pledges, setting up a tough negotiation as global targets tighten while India seeks flexibility for its energy transition.
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COP28 offered India a stronger platform to argue for coal as a long-term necessity, contrasting developed nations that rely more on oil and gas. India maintained that coal will help meet rising energy demand while renewable capacity expands. The takeaway: the transition to cleaner power is underway, but not at the cost of immediate energy security.
NTPC argues it is building a “bridge” between dependable coal generation and future renewables, insisting the transition won’t happen overnight. The stance raises a pointed question: can a company expanding major coal capacity truly position itself as a clean energy leader, or is it simply prolonging fossil dependence while renewables remain a long-term promise?
A new study suggests India’s green transition could generate millions of jobs by 2047. The report highlights opportunities across renewable energy, waste management, electric vehicles, sustainable textiles, and eco-friendly construction—sectors expected to do the heavy lifting in new hiring as climate policies and consumer demand accelerate.
Amazon has emerged as India’s biggest corporate buyer of renewable energy, accelerating with seven utility-scale signups since September 2022. The company is also aiming for 100% renewable electricity globally by 2025. But its rise wasn’t frictionless, as early steps in India’s corporate green power market exposed teething issues even amid rapid expansion.
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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.
SEBI has approved four IPOs: Avaada Electro, Grand Housing, Sonaselection India, and Vishal Nirmiti. Avaada Electro, a major renewable energy player, is expected to lead the set, aimed at funding expansion and supporting growth plans. The approvals open the door for these companies to move toward listing in the Indian markets.
Reliance Industries is repositioning its energy strategy, moving from offshore gas extraction to building a green power future around Jamnagar’s giga-scale ambitions. The shift reframes older assets like KG-D6 as “fading fumes,” while new solar-driven plans promise cleaner electrons and a new growth narrative for the company’s next phase.
Renewable Energy Minister Pralhad Joshi said proposed GST reforms are expected to generate savings of Rs 1.5 lakh crore for India’s renewable energy sector. He added that the country is broadly on track to reach its 500 GW renewables capacity target by 2030, signaling policy support aimed at accelerating clean energy investment and deployment.
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SAEL Industries has begun operations of a 600 MW solar power plant in Kurnool, Andhra Pradesh. The project will feed electricity into India’s national grid for 25 years and is built with more than 12 lakh solar modules. By enabling large-scale clean power generation, it is expected to significantly cut carbon emissions while expanding SAEL’s operational capacity.
JSW Steel, led by Sajjan Jindal, is taking a different route to decarbonisation. While competitors chase a specific net-zero target date, JSW is not setting a net-zero year. Instead, it has a 2030 decarbonisation roadmap anchored in renewables, circularity, and process efficiency, paired with sustainability-linked remuneration from board to managers.
Waaree Energies shares fell over 5% after the US imposed preliminary anti-dumping duties of up to 123% on solar imports from India, Indonesia, and Laos. The shock has rattled investors and renewed concerns for Indian exporters dependent on the American market, even as global demand for renewable energy equipment remains strong.
The IEA reports that global emissions growth slowed in 2025, driven largely by rapid solar expansion in developing countries. While advanced economies saw emissions rise, the new solar capacity helped offset that increase. India recorded an emissions fall for the first time in typical economic conditions, China also cooled due to solar additions, but the United States bucked the trend with rising emissions.
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ReNew Energy plans a 6.5 GW solar manufacturing facility in Andhra Pradesh with an investment of Rs 4,500 crore. The plant will produce solar ingots and wafers and is expected to be operational within two years. The project, aligned with ReNew’s broader commitment to the state, aims to create jobs and further strengthen India’s clean energy manufacturing push.
Suzlon Energy is re-entering Europe with its new Blue Sky turbine platform, offering 5 MW and 6.3 MW models designed for varied wind conditions. The company sees major upside in the region’s 17–20 GW repowering opportunity, aiming to win projects through cost-effective retrofit solutions and strengthen its push toward integrated renewable energy services.
The World Bank’s IFC says it will scale up investments in India to $10 billion per year by 2030, targeting renewable energy, urban infrastructure, and financial services. It is also exploring municipal bond financing with Indian states, a potential shift in how local projects are funded. The move underscores a deeper push to back India’s growth trajectory.
India can generate wind and solar at increasingly low costs, but renewables still cover only a little above a fifth of the country’s electricity needs. With demand rising steadily, the transition will require a dramatic, unprecedented increase in renewable capacity to move fast enough toward a greener energy system—meaning fossil fuel reliance may last longer.
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Sterling and Wilson Renewable Energy shares slipped around 2% after Q4FY26 results showed revenue down 23% year-on-year to Rs 1,946 crore. Net profit, however, surged 143% to Rs 135 crore, aided by a 24% reduction in total expenses. The firm pointed to a strong order book and its O&M platform to fuel future growth.
The government has expanded the PM Internship scheme, bringing in sectors such as semiconductors and renewable energy. Firms can now participate even without CSR obligations, while candidate eligibility has been relaxed and stipends increased. The third phase is set to target 100,000 aspirants, with more than 15,500 internship offers planned to widen access and boost participation.
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