KUWAIT ELECTRICAL GRID STRAIN
Karnataka plans feasibility studies for 1,500 MW floating solar capacity
Karnataka is currently exploring the establishment of floating solar power projects aimed at generating 1,500 MW capacity. The initiative includes conducting feasibility studies and surveys for suitable reservoirs and water bodies. KPCL will evaluate technical aspects and environmental impacts as part of project preparation. This project reflects the state's commitment to innovative renewable energy solutions while optimizing land and water resources.
India weighs replacing old wind turbines to boost capacity by 50% without acquiring land
India is exploring a plan to replace ageing, smaller wind turbines with larger, more efficient machines to increase generation at existing sites without acquiring additional land. The Indian Wind Turbine Manufacturers Association estimates that 5-8 GW of old wind capacity could be repowered immediately, potentially raising capacity at these sites by nearly 50%. The initiative is being discussed with states including Gujarat, Maharashtra and Karnataka as India seeks to accelerate wind power deployment and meet its clean energy targets.
Energy infra startups see bigger cheques as investors bet on sovereign play
Bengaluru-based Enerzolve, which makes smart meters, power conversion systems and energy storage systems, is in talks to raise $20 million from existing investors Jungle Ventures and Kae Capital as well as Schneider Electric, people aware of the matter told ET. That’s nearly four times the $5 million it raised in a January round.
Maharashtra plans FY28 IPO for state power transmission firm MSETCL; approval likely soon
Maharashtra State Electricity Transmission Company (MSETCL) is targeting an FY28 IPO to raise ₹7,000-8,000 crore, with a proposal submitted to the state government and approval expected within two months, according to Additional Chief Secretary Abha Shukla. The transmission utility has appointed six banks for the proposed listing and plans to use the funds to participate in tariff-based competitive bidding projects.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment which bore the brunt of the selling. The same logic will operate in reverse as they start buying, focusing once again on the safer and more liquid large-cap stocks.
Norway reins in data centre industry amid AI boom
Norway produces more power than it consumes and is a net exporter, but recent projections show that demand from new data centres could lead to an energy deficit and rising electricity prices in the coming years.
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India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capital
India's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grids, battery storage, green hydrogen and clean technologies, according to a report by Australian economist Nicki Hutley. The report estimates a $6.5 trillion funding gap, which will require international capital to bridge.

A day before US-brokered talks, Russia and Ukraine batter each other with long-range strikes
Russia has targeted multiple electrical substations in Ukraine amid ongoing military actions. Ukrainian forces have hit a major oil refinery in Russia, crippling its supply capabilities. Diplomatic talks between Russia and Ukraine are scheduled with U.S. mediation amid the ongoing conflict. European Union emergency funding for Ukrainian power grid repairs has been activated to aid recovery efforts.

When wars and AI cast a shadow, India has pressed a power reset
India’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil supply disruptions and AI-driven electricity demand put pressure on power markets. An International Energy Agency report says clean energy saved India over $100 billion in fuel imports between 2011 and 2025, with cumulative savings potentially reaching $240 billion by 2030.

Enough of COP Jamborees
Falling solar and battery costs have made renewable energy commercially competitive with coal in India. As COP31 begins in Turkiye, the focus should shift to accelerating electrification of transport, promoting agrivoltaics, investing in transmission and grid stability, and ensuring reliable payments by discoms to sustain the country's green transition.

'The Little Rascals' star Bug Hall launches public fundraiser before sixth child's birth, reveals unpaid bills and unfinished Arkansas home
Former child star Brandon Bug Hall, recognized from The Little Rascals, has turned to GoFundMe for help with his financial struggles. As he and his wife prepare to welcome their sixth child and complete renovations on their Arkansas home, Hall's campaign has garnered significant support, raising upwards of $19,000 from close to 300 contributors as of November 8.

What is a 'Black Sky' event? Why is the UK preparing for a crisis that could paralyse daily life?
During this kind of event, extreme, prolonged electricity blackout could disrupt essential infrastructure and several services across a large area. The situation can turn very serious. It may not be just some ordinary power cuts. Electricity-dependent systems could stop functioning. The consequences could extend beyond lighting and heating to water supplies, telecommunications, transport.

Adani Green bets on battery storage to offset grid issues
Adani Green Energy lost Rs 700 crore in Ebitda over the six months ended September. Without curtailment, its first-half FY27 Ebitda would have been about Rs 9,000 crore, against the actual Rs 8,276 crore.

Diwali 2026: From selling Diwali lights in a Mumbai chawl to becoming a Dubai business tycoon. Danube's Anis Sajan once sold an Aquaguard to Sanjay Dutt
Diwali 2026: Anis Sajan's business journey began with a small Diwali lights stall below his Mumbai chawl home. He later sold electrical goods, worked as a water purifier salesman and even sold an Aquaguard to Sanjay Dutt. After moving to Dubai in 1992, he joined Danube Group, which has since grown into a multi-billion-dollar conglomerate employing 5,000 people.

In a divided world, COP31 aims for agreement on electrification
COP31, kicking off November 9 in Antalya, Turkey, is all set to spotlight the global push for electrification. With a target to raise electricity's contribution to final energy demand to 35% by 2035, nations are keenly examining how electrification can effectively curb fossil fuel use.

Renewable energy could save India $240 billion in coal, gas imports by 2030: IEA
The savings are expected to increase as solar and wind power displace imported fossil fuels, with annual savings projected to reach around USD 35 billion by 2030, exceeding India's actual non-coking coal and natural gas import bill in the financial year 2024-25.

India's farms offer 116 GW solar manufacturing opportunity: ISMA
India's agricultural sector could create a demand for 116 GW of solar modules through the solarisation of irrigation pumps. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) aims to support this transition. Solarising pumps can reduce dependence on conventional electricity and diesel while improving farmers' electricity availability. The report emphasizes the need for sustained policy support and demand visibility to benefit domestic manufacturers.

India announces $1.5-billion scheme to add 92 GWh energy storage capacity
India has launched a $1.5-billion initiative to boost its energy storage capacity significantly over the next few years. This scheme aims to develop 60 GWh of pumped hydro storage, 30 GWh of battery storage, and 2 GWh using new technologies. The project is expected to attract investments of around $10 billion during its implementation period. Additionally, a $300-million plan will support building domestic processing plants for lithium and nickel.

Google unveils $15 billion data centre investment in Malaysia
Google announced plans on Wednesday to invest $15 billion in Malaysia over the next two years to build data centres and other infrastructure as demand booms for artificial intelligence services. It said the $15 billion investment will be made "over the next two years (2027 to 2028)", expanding on a $2 billion investment announced in 2024.

Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore support
The Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative supports both hydro pumped storage and battery energy storage systems aimed at accelerating renewable energy. Additionally, a scheme has been approved for processing critical minerals like lithium and nickel to reduce import dependency. The government aims to modernize its statistical system with a ₹4,371.10 crore scheme.

Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins
Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.

Essar Power to invest Rs 4,500 crore in 300 MW renewable energy project in Andhra Pradesh
Essar Power is planning a significant investment in a 300 MW Firm and Dispatchable Renewable Energy project. The project aims to combine solar and wind power generation with Battery Energy Storage Systems for improved reliability. This initiative follows a power purchase agreement with NHPC Ltd, enhancing Essar's renewable energy portfolio. It also contributes to India's target of 500 GW of non-fossil fuel electricity by 2030.

Indus Towers equips 50,000 sites with solar power; plans to double count by FY29
Indus Towers has installed solar systems at 50,000 telecom sites, adding around 300 MW of capacity, and aims to double the number by FY29. The company says the initiative, combined with battery storage and energy-management systems, has helped cut energy costs by 8-10% per kilowatt and reduce diesel consumption.

Days before Washington DC power outage, US Department of Energy had issued warning
On Monday, a power outage hit the Foggy Bottom area of Washington DC, leaving over 1,100 residents in the dark. The incident was caused by a malfunction at a Pepco substation, impacting essential government services nearby. Emergency teams responded quickly to reports of smoke and a manhole explosion close to the World Bank. Traffic lights were down, causing significant disruptions until power was restored later in the afternoon.

Real-life Temple Run in Pakistan: PKR 1 billion road turns into real-life obstacle course as cars dodge 50 live electric poles: Watch video
A Rs 1.06-billion road in Pakistan's Hyderabad has turned into an unexpected obstacle course, with live electricity poles standing in the middle of the newly constructed carriageway. A viral video shows motorists swerving around the poles to navigate the stretch, sparking criticism of the city's infrastructure planning.

India's October coal-fired power output jumps most in 3 years as hydro generation slumps
India experienced a surge in coal-fired electricity generation of 25.7% in October compared to the previous year. The increase was attributed to a substantial decline in hydropower generation by 26% caused by lower rainfall. Power demand from industrial activity contributed to the rise in coal usage across the country. During October, renewable power generation also increased by 34.7%, primarily from solar energy. Overall electricity generation grew by 21.

America's power bills are soaring. Utilities are now facing an election-year reckoning
Electricity prices are increasingly affecting midterm election campaigns as utility bills rise significantly for consumers. Politicians are proposing measures to curb utility rate increases and reduce profits for power companies. Notably, several gubernatorial candidates pledge to address energy affordability and utility practices if elected. The political climate indicates that utilities may face increased scrutiny and regulatory changes post-election. The long-term effects of these political moves on utility investments remain uncertain.

Why is the US Pentagon preparing for a 'doomsday' scenario? Inside America's plan to keep military bases running for 90 days without outside help
Major military bases are expected to maintain essential operations independently for at least 90 days. The reported requirements cover electricity, water, fuel and communications. The objective is to prevent military operations from being interrupted if civilian infrastructure becomes unavailable. Pentagon spokesperson Sean Parnell said military installations should not depend on standard civilian municipal infrastructure to operate national defence.

India's 500 GW RE target hinges on LDES scale-up; FY28 viability gap funding key enabler: IESA report
With a target of 500 GW of renewable energy capacity by 2030, India recognizes the urgent need for long-duration energy storage solutions. The India Energy Storage Alliance stresses the pivotal role of viability gap funding to promote quicker adoption of these technologies. Current data reveals substantial solar energy curtailment caused by grid restrictions, highlighting the necessity for strategic policy support and innovative business paradigms.
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