US states advance renewables despite setbacks
Author: PPD Team Date: September 5, 2025
Author: PPD Team Date: September 5, 2025
US states and companies are continuing renewable energy efforts despite federal policy rollbacks under President Donald Trump, according to a Climate Council report. China, meanwhile, is emerging as a global clean energy leader.
California, powered two-thirds by clean energy, remains a national climate leader, while Texas is the top US wind producer. Across the country, 84% of companies maintain climate commitments, with 37% increasing targets.
China has cut emissions in the first half of 2025 and contributed to a 1% global climate pollution reduction in 2024. Its solar and wind capacities have grown rapidly, reaching 2030 targets six years early.
Australia could gain A$190 billion ($124.1 billion) in exports with a stronger 2035 climate target, while other major economies are adapting to shifts toward renewables.
Global renewable investment is projected at A$3.4 trillion in 2025, double fossil fuel spending. Renewable generation is expected to surpass coal by 2025–26 and nearly double by 2030.
China’s coal generation fell 3.4% year-on-year in the first half of 2025, even as the country continues building coal plants.
Author: PPD Team Date: February 13, 2025 ONGC NTPC Green Limited (ONGPL), a joint venture between ONGC Green and NTPC Green Energy Limited, has signed a share purchase agreement to acquire a 100 per cent equity stake in Ayana Renewable Power for Rs 195 billion. The agreement was finalized with the National Investment and Infrastructure Fund (NIIF), British International Investment and its subsidiaries, and Eversource Capital. NIIF is the majority shareholder in Ayana. For this…
Author: PPD Team Date: February 3, 2026 Power Grid Corporation of India Limited (PGCIL) has announced that its wholly owned subsidiary, POWERGRID Khavda II-C Transmission Limited, has achieved commercial operation of the project titled Transmission scheme for evacuation of 4.5GW renewable energy injection at Khavda pooling station under Phase II Part C, effective from 31 January 2026. Power Grid said the commissioning strengthens the inter state transmission system required to integrate large scale renewable energy…
Author: PPD Team Date: October 17, 2025 The Defence Research and Development Organisation (DRDO) has signed a Memorandum of Understanding with the Solar Energy Corporation of India (SECI) to jointly develop 300 MW of solar-based renewable energy projects. The projects will be set up across DRDO facilities nationwide. The collaboration aims to make all DRDO campuses in strategic locations net zero by 2027. SECI operates under the Ministry of New and Renewable Energy, while DRDO…
Author: PPD Team Date: January 7, 2026 Juniper Green Energy Limited has secured debt financing of Rs 20.39 billion from a consortium of domestic and international lenders to support its upcoming renewable energy projects and developments through its subsidiaries. The financing package includes support from the National Bank for Financing Infrastructure and Development (NaBFID), which has sanctioned Rs 5.66 billion for the under-construction 90 MW Juniper Green Kite wind power project in Gujarat. HSBC Holdings…
Author: PPD Team Date: November 7, 2025 Tata Power Company Limited will invest Rs 11,000 crore in a pumped hydro storage project at Shirawta in Pune, Maharashtra. Construction is scheduled to begin in July 2026 and will take about five years to complete. The project will be funded through a 70:30 debt-equity structure. The Shirawta facility, with a planned capacity of 1,800 MW, is one of two pumped storage projects being developed by Tata Power…
Author: PPD Team Date: September 17, 2025 Larsen & Toubro (L&T) has received orders from the Nuclear Power Corporation of India Ltd (NPCIL) and multiple contracts for grid infrastructure projects in India, the United Arab Emirates (UAE), and Oman. The Heavy Civil Infrastructure business of L&T will execute the mechanical package for Units 5 and 6 of the Kudankulam Nuclear Power Project in Tamil Nadu. The work involves installation of the nuclear reactor, turbine, generator,…