India will require more than ₹30 lakh crore of investment over the next five years to achieve its target of 500 GW of non-fossil fuel capacity by 2030, Union Minister for New and Renewable Energy Pralhad Joshi said during the Mumbai roadshow for the Bharat Renewable Energy Summit & Expo (BRESE) 2026. The minister highlighted…
alfanar Group has announced an additional investment of ₹950 crore (US$100 million) in Senvion India, strengthening its plans to expand wind turbine manufacturing, technology development and global operations. The fresh capital will support new turbine technologies, R&D, manufacturing expansion and project development, further strengthening Senvion’s position in India’s growing wind energy market. Senvion India currently…
Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy and Indian energy-efficiency company Energeia have announced a USD 100 million partnership to finance and deliver energy-efficiency infrastructure projects across India. The partnership will focus particularly on Cooling-as-a-Service (CaaS) for commercial and industrial (C&I) customers, enabling businesses to modernise energy-intensive infrastructure without significant upfront capital expenditure. Under the…
Fujiyama Power Systems has approved a ₹25 crore capital expenditure plan to expand its battery manufacturing capacity by 2 GWh across Madhya Pradesh and Uttar Pradesh. The move strengthens the company’s presence in the growing energy-storage segment. Key Highlights: The new Hathras facility will also help replace 1.3 GWh of capacity lost in the May…
