INDIA WIND ENERGY TARGETS
Centre urges states to accelerate nuclear power plants and green energy storage
India is accelerating approvals for nuclear power plants and energy storage systems. This push is vital for the nation's growing data and AI centers. States are being urged to speed up clearances for proposed projects. The goal is to ensure a robust energy supply for future power needs. This initiative aims to enhance energy security across the country.
Dhurandhar's Nice!: French President highlights talks with PM Modi with 'Aari aari'
Prime Minister Narendra Modi met with French President Emmanuel Macron in Nice. The leaders discussed strengthening defense, space, and nuclear energy collaborations. They also inaugurated the Bharat Innovates 2026 conclave, marking a significant step in the India-France Year of Innovation. President Macron even used a popular song to capture the essence of the visit.
UK, Japan set to agree $24 billion investment, tech partnerships
Britain and Japan are set to sign deals worth over 18 billion pounds. These agreements will boost investment and technology. Tens of thousands of jobs are expected to be created. Japanese companies will invest in infrastructure and financial services. There are also plans for offshore wind projects. A new technology partnership will cover AI and semiconductors.
'Light to moderate rainfall is still anticipated across northwest India,' says IMD scientist; issues yellow alert
IMD scientist Naresh Kumar explained, "Over the past few days, northwest India, including Delhi, has experienced moderate to heavy rainfall due to the influence of a western disturbance combined with moisture-laden winds from the Bay of Bengal and the Arabian Sea...This confluence has led to significant rainfall in regions like Himachal Pradesh and Uttarakhand, with wind speeds reaching up to 60-70 km/h."
India eyes global bio-energy leadership with unified push on capital, missions and SAF exports
India is poised to become a major bio-energy exporter and bolster its energy security. Industry leaders at the India Bio-Energy Conference 2026 are calling for a single agency to streamline bio-fuel and Sustainable Aviation Fuel projects. The nation aims to meet domestic needs and export SAF, potentially generating billions. This push aligns with India's focus on self-reliance and net-zero goals.
Govt to host global wind day 2026 conference to push India's wind energy growth
India will host the Global Wind Day 2026 Conference in Goa on June 15, 2026, under the theme "Wind Energy: From Ambition to Acceleration." The event will focus on accelerating India's wind sector's next phase, including manufacturing competitiveness and export opportunities.
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India's retail inflation quickens to 3.93% in May amid high food & fuel prices
India's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation reading under the new CPI series. Despite the rise, inflation stays below the Reserve Bank of India's 4% target for the 16th month. Policymakers have room to support growth.
Delhi, Noida, Gurugram weather update: IMD issues yellow alert for today as Delhi-NCR braces for rainfall, thunderstorms and 70 kmph winds
IMD Yellow alert Delhi rain: Delhi, Noida, and Gurugram are bracing for severe thunderstorms and moderate rainfall on June 12, 2026. The India Meteorological Department has issued a yellow alert for Delhi, forecasting thundersqualls with wind speeds up to 80 kmph. This weather activity is triggered by a cyclonic circulation over Pakistan, bringing relief from the heat.
Citi cuts Nifty target to 26,000 on El Nino, AI risks, picks one stock
Citi Research lowered its Nifty target due to rising earnings risks linked to geopolitical tensions and other macro concerns. However, it remains constructive on India’s medium-term outlook, citing low foreign investor ownership, resilient domestic inflows and potential gains if global conditions improve.
Vietnamese proverb of the day: 'The tree wishes for calm, but...' Life lessons on staying strong when life refuses to get easier
Vietnamese proverb of the day: Life presents constant challenges, much like a tree facing an unceasing wind. The Vietnamese proverb "The tree wishes for calm, but the wind will not stop" teaches acceptance of uncontrollable circumstances. It highlights that strength develops by facing difficulties, not avoiding them. Individuals learn to move forward despite uncertainty, focusing on their reactions to challenges.
Adani Power or NTPC? Macquarie initiates coverage on 3 power stocks, hikes target prices for 3 others
As rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational reset. The brokerage initiated coverage on JSW Energy with an ‘Outperform’ rating and a Rs 720 target, while assigning ‘Neutral’ ratings to Adani Power and Adani Energy Solutions. NTPC emerged as its top sector pick, with a revised target price of Rs 480.
Meta partners with Reliance to set up its first data centre in India
Meta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reliance Industries. This facility will support Meta's global AI infrastructure and is powered by renewable energy. Additionally, Meta has expanded its renewable energy collaboration with Clean Max to over 900 MW, developing new solar and wind projects across India.
Japan's Chubu Electric set to buy $150 million stake in Continuum Green
Japanese power giant Chubu Electric is set to invest around $150 million in Indian renewable energy firm Continuum Green Energy. This deal will give Chubu a significant stake in Continuum, a company focused on wind, solar, and hybrid power for businesses. The acquisition highlights Chubu's growing interest in India's clean energy sector.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
Juniper Green Energy commissions 305 MWp of renewable capacity in Gujarat
Juniper Green Energy has expanded its presence in Gujarat by commissioning 305 MWp of renewable energy capacity for Gujarat Urja Vikas Nigam Ltd. The projects, located across Surendranagar, Aravalli, and Devbhumi Dwarka districts, include solar and wind power. This achievement highlights Juniper Green Energy's project execution skills and dedication to providing sustainable energy solutions for the state.
Meta partners with Reliance to lease 168 MW AI data centre in Jamnagar
Meta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 MW of capacity at Reliance's upcoming hyperscale campus in Jamnagar, Gujarat. The deal marks a significant milestone in the long-standing Meta-Reliance relationship and highlights India's emergence as a major hub for AI data centres. Roughly $270 billion cumulative investment has been committed by global hyperscalers and Indian conglomerates in data centres.
CleanMax shares soar 15% to record high on Meta partnership
CleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of environmental attributes. The deal strengthens Meta’s clean energy goals and reinforces CleanMax’s position in India’s C&I renewable energy market, backed by strong long-term customer contracts.
India turns to nuclear power as Gulf risks rise
India is boosting its energy security. Investments are growing in solar, wind, and nuclear power. Recent geopolitical events highlight nuclear energy's role. India's nuclear program is advancing with new reactors and private sector involvement. The nation aims for significant nuclear capacity by 2047. This strategy diversifies energy sources and reduces reliance on imports.
Payal Industrial Park, Fourier partner on hydrogen energy storage pilot
Payal Industrial Park is partnering with Fourier, an energy startup. They will deploy a hydrogen-powered energy storage system in Dahej, Gujarat. This collaboration aims to provide industries with reliable, 24/7 clean electricity. The system generates hydrogen on-site, reducing costs and logistics. This initiative supports India's green hydrogen goals and offers energy independence for industrial parks.
Stock Radar: JSW Energy stock breaks out from 8-month consolidation to hit fresh 52-week high in May; time to buy a dip?
JSW Energy shares have surged to a new 52-week high after breaking out of an eight-month trading range. Experts advise investors to consider buying the stock on any price dips. A target of Rs 680 is projected for the coming weeks. The stock's technical indicators show strong positive momentum, suggesting further upward movement is likely.
EU plans lower taxes on clean energy in drive to cut power bills
The European Union is set to propose new regulations next month. These plans aim to cut taxes on renewable energy and boost electricity system flexibility. High energy costs are a major concern for the EU economy. The proposals seek to lower excise taxes on electricity compared to natural gas. Targeted tax reductions for energy-intensive industries are also planned.
NTPC eyes low-load thermal units
State-owned NTPC Ltd is seeking expressions of interest for developing thermal power units capable of operating at significantly lower loads, down to 25%. This move aims to enhance grid flexibility and support the integration of a growing share of variable renewable energy sources like solar and wind power.
Clean energy sector to add over 44 lakh jobs by 2030: Study
India's clean energy sector is set to generate over 44 lakh jobs by 2030. Rooftop solar will be the biggest job creator, accounting for nearly 43 percent of these positions. This growth aligns economic progress with sustainability goals. The nation ranks third globally in renewable energy capacity. Focus on skilling and inclusion is vital for quality livelihoods.
Inox Clean Energy buys Vena's India energy business for Rs 6,000 crore
Inox Clean Energy is acquiring Vena Energy India's 6 GW renewable energy portfolio. This deal significantly expands Inox Clean's operational and development pipeline. The company is building an integrated clean energy platform through strategic buyouts and greenfield investments. Inox Clean aims for 10 GW of renewable generation capacity and 11 GW of solar manufacturing by FY28.
Suzlon Energy shares rise 2% after firm announces foray into solar, battery storage businesses under 'Suzlon 2.0'
Suzlon Energy shares gained on Thursday after the company unveiled its ‘Suzlon 2.0’ strategy, expanding beyond wind energy into solar and battery storage solutions. The company aims to build a 15 GW order book by FY31, quadruple renewable energy sales and strengthen its position as a full-stack renewable energy player.
India's tougher grid rules unsettle investors, test clean energy ambitions
India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. This comes as India aims to significantly expand its renewable energy capacity. Investors warn this could slow down the much-needed investment for the energy transition in the country.
Suzlon seeks to put the wind in all sails of its renewables ship
Suzlon is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed assets to 70 GW by FY31. Suzlon will now offer integrated solutions including wind, solar, and battery storage. A new battery manufacturing facility is planned.
Suzlon to diversify beyond wind; pump Rs 500 cr in new arm this fiscal
Wind turbine maker Suzlon is diversifying into battery storage and a new platform called RE DevCo. This move aims to make Suzlon a complete renewable energy solutions provider. The company plans significant investments in the coming years. Suzlon also has ambitious goals to expand its renewable energy sales and orderbook substantially by 2031.
Suzlon unveils 'Suzlon 2.0', targets 10 GW annual renewable energy sales by FY31
Suzlon Group is launching 'Suzlon 2.0', a new growth strategy. The company plans to significantly increase renewable energy sales and assets under management by 2031. Suzlon is seeking to evolve from a turbine maker to a comprehensive renewable energy solutions provider. This will include wind, solar and battery storage.
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