RENEWABLE ENERGY SOURCES
Ashwini Vaishnaw expects more companies to start production of memory chips in India
Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in past quarters, and manufacturers have been sprucing up investments and production capacities to meet market requirements worldwide. The higher memory chip prices have, in turn, led to a rise in production costs for a range of electronic products, including smartphones and laptops.
Bio-energy emerging as key pillar of green growth strategy: TPCI
India's really getting into bio-energy as a key player in its green growth and energy shift. The Trade Promotion Council of India (TPCI) is gathering top minds to give the sector a real push. Bio-energy is a big deal for cutting down on fossil fuels, tackling waste issues, and creating jobs, especially in rural areas.
Horoscope Today, 14 June 2026: Today Brings Financial Growth, Love Stability and Creative Progress
Horoscope Today, 14 June 2026: Today brings a calming and growth-oriented shift across all zodiac signs, focusing on emotional stability, financial improvement, creativity, and stronger relationships. Many will experience a sense of comfort, support, and renewed motivation to build something meaningful in both personal and professional life. This is a day for nurturing opportunities rather than forcing outcomes, allowing steady progress to unfold naturally. Astrologer Sandeep Agarwal predicts how these energies influence Aries through Pisces, guiding decisions toward balance, prosperity, and emotional fulfillment.
Long-term investing: The only play in today’s market; 5 large-caps from different sectors with upside potential of up to 33%
Belligerence is back. Both the US and Iran are hitting each other and the statements from both sides do not auger well for a peace deal. The only positive is that the back channel talks are still apparently on, and no one is outrightly dismissing the possibility of a deal. The latest Gulf flare-up should normally be very bad news for the Indian markets. But the way they have been reacting bears a closer look.
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.
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West Bengal: CM Suvendu Adhikari keeps home, Swapan Dasgupta gets finance, Tapas Roy industry
Veteran journalist turned politician Swapan Dasgupta was allotted finance while senior-most party leader Tapas Roy, with his long legislative and ministerial experience in the previous Trinamool tenure, has been allotted industry, commerce and enterprises, public enterprises, industrial reconstruction and non-conventional and renewable energy sources.
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.
Consumers who gave up subsidy can use Non-DCR equipment to install rooftop solar at homes
Residential consumers can now use non-DCR solar modules for rooftop installations under the PM Surya Ghar scheme. This applies to those who opt out of central financial assistance. The exemption is valid until March 31, 2027. These consumers must apply through the PMSG National Portal. This move aims to boost domestic solar production and competitiveness.
June Amavasya 2026: Everything Changes for These 5 Zodiac Signs
The June 2026 Amavasya marks a powerful New Moon cycle bringing fresh starts, karmic shifts, and unexpected opportunities. Aries, Cancer, Virgo, Scorpio, and Capricorn are expected to experience the strongest impact in career, finances, love, and personal growth. Discover why this lunar event is significant, what changes may unfold, and how to make the most of its transformative energy.
Horoscope Today, 10 June, 2026: Powerful Cosmic Energy Brings Healing, Closure and New Beginnings
Today's horoscope highlights a powerful blend of healing, emotional clarity, and spiritual growth. This daily horoscope encourages patience, self-reflection, and trusting the natural flow of events as the universe guides you toward greater balance and understanding. Astrologer Sandeep Agarwal of Meditate Wisdom predicts how this powerful nakshatra energy can positively shape your emotional, professional, and personal outlook today.
850 acres of vacant defence land in Uttar Pradesh to host 250 MW solar power plant
A significant solar power project is set to be established in Sitapur, Uttar Pradesh. Defence Minister Rajnath Singh has approved a 250 MW solar power plant on defence land. This initiative marks a major step in renewable energy adoption. The project will also feature a Battery Energy Storage System.
Solar module cos flag cell shortage; makers say demand can be met this year
Solar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and domestic cell availability. While module capacity stands at 225 GW, domestic cell capacity is only around 30 GW. Cell manufacturers counter that current demand is met and future capacity will suffice.
India’s quantum opportunity: Turning scale into strategic advantage
India has a structural advantage in quantum computing. Its size inherently creates challenging optimisation issues, offering a practical testing ground for quantum applications.
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.
Sustainable Aviation Fuel production volumes still disappointing: IATA DG Willie Walsh
The International Air Transport Association (IATA) has released estimates showing that global Sustainable Aviation Fuel (SAF) production is expected to reach around 2.4 million tonnes in 2026, representing just 0.8% of aviation fuel use, at a cost to airlines of USD 4.3 billion.
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.
Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan Sharma
Fuel prices are climbing globally, impacting Indian households. The West Asia conflict is driving up crude oil costs, making higher fuel prices unavoidable. India, reliant on oil imports through the Strait of Hormuz, faces significant challenges. While the government aims to protect consumers, global energy shocks present limitations.
Electric mobility key to long-term fight against air pollution: UNEP chief
A top UN official stresses electric mobility and mandatory vehicle emissions testing for long-term air pollution solutions. India's plan to phase out older commercial vehicles with cleaner alternatives is highlighted. Investment in clean public transport and cleaner cooking solutions is crucial. Addressing local pollution sources like construction dust and waste burning is also vital for a healthier future.
Jain Irrigation, Ankur Scientific partner on agri waste-to-energy project in Maharashtra
Jain Irrigation Systems Ltd and Ankur Scientific are joining forces for a new project in Jalgaon, Maharashtra. This initiative will convert farm waste into thermal energy and biochar. Farmers will gain an extra income source from their crop residue. The plant will process nearly 50 tonnes of agricultural biomass daily.
Trump unveils $700 million coal support plan using emergency powers
President Donald Trump is using emergency powers to boost the US coal industry. Nearly $700 million will fund upgrades to power plants and new export facilities. This move aims to lower living costs and ensure energy security. Asian nations are reportedly seeking Wyoming coal. Environmental groups oppose the plan, citing pollution concerns.
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.
Citi initiates coverage on 4 Indian power equipment stocks; sees up to 33% upside. Own any?
Citi Research initiated coverage on four Indian electrical equipment makers, seeing strong domestic transmission buildout and accelerating HVDC adoption as key growth drivers. The firm issued 'Buy' ratings on Hitachi Energy India, GE Vernova T&D India, and CG Power and Industrial Solutions, with a 'Neutral' call on Siemens Energy, citing significant OEM opportunities and export potential.
India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says Bernstein
India’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to Bernstein. The brokerage sees Adani Group and Reliance Industries as best positioned to benefit, citing their access to land, power infrastructure and transmission networks.
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.
Experts highlight growing role of SMRs for defence manufacturing and data centre operation
India's defense production and data center sectors face a critical power supply constraint. A recent policy dialogue highlighted Small Modular Reactors (SMRs) as a solution for reliable, clean, and uninterrupted electricity. Experts discussed SMRs' role in energy transition, strategic resilience, and mission-critical infrastructure, while also addressing deployment challenges.
Venezuela's acting President Delcy Rodríguez begins India visit as oil ties deepen
Venezuela's acting President Delcy Eloina Rodriguez Gomez is in India for a five-day visit. She will meet Prime Minister Narendra Modi. The visit aims to increase oil imports from Venezuela. India is already a major buyer of Venezuelan oil. The delegation will explore cooperation in energy, trade, and other sectors. This visit highlights growing ties between the two nations.
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