Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Evening peak power demand exposes gaps in India’s energy transition: Citi
India's power sector is shifting focus from electricity shortages to ensuring reliable power during non-solar hours. Rapid renewable energy growth creates challenges for evening and night-time demand. The country needs enhanced transmission and storage infrastructure. Battery storage and flexible thermal generation will be crucial. Delays in capacity additions could lead to power shortages. Coal power will remain important.
Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid
Gujarat has launched battery storage systems totaling 870 MW across five locations to ensure renewable power grid stability. The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.
India’s fuel resilience amid global oil turmoil
The article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel prices despite a sharp global rise in crude oil prices. It credits strong domestic demand, expanding refining capacity, renewable energy growth and government intervention for insulating consumers from global energy shocks.
Tata Comm acquires stake in Clean Max SPV
For captive consumption of renewable energy
Abakkus trims banking exposure, adds solar and power-linked capital goods stocks
Aman Chowhan, Fund Manager at Abakkus Asset Manager, which manages assets worth nearly $2.06 billion, said the sharp market rebound over the past few weeks has caught many investors by surprise, even as the fund stayed selectively bullish through the correction. The Mumbai-based AMC increased exposure to renewable energy, power-linked capital goods and select metal plays, while trimming some banking exposure. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Adani Green Energy incorporates units to operate in renewable energy space
Adani Green Energy Limited has established new companies for clean energy power generation. These step-down subsidiaries were incorporated by its wholly-owned subsidiary, Adani Renewable Energy Sixty Four Limited. The new entities will focus on generating power from renewable energy sources. Adani Green Energy is a key player in developing and operating solar, wind, and energy storage solutions.
Waaree Renewable to acquire 55% stake in Associated Power Structures for Rs 1,225 crore
Waaree Renewable Technologies is gearing up to strengthen its market position with a Rs 1,225 crore acquisition of a 55 percent stake in Associated Power Structures. This deal will officially transform Associated Power Structures into a subsidiary of Waaree by June 15, 2026. Such a substantial investment signifies a transformative moment for the renewable energy landscape.
Apple and CleanMax enter into co-investing partnership for clean energy transition
Apple and CleanMax have entered into a strategic co investment transaction aimed at accelerating decarbonization within India's Commercial & Industrial (C&I) sector through scaled renewable energy deployment.
CleanMax shares in focus after bagging a ₹100 crore investment from Apple for clean energy initiatives
Apple will invest ₹100 crore with CleanMax for 150 MW renewable energy in India, and partner with WWF-India and Acumen on plastic waste, green startups and its 2030 carbon neutral goal
Apple to invest Rs 100 crore in India renewable energy expansion
Apple is investing Rs 100 crore in India to boost green energy. The company is partnering to develop over 150 MW of renewable capacity. Initiatives also focus on reducing plastic pollution through recycling and supporting green startups. This expands Apple's commitment to India's environmental future and innovation.
KEC International bags new orders worth Rs 1,002 crore
RPG Group firm KEC International announced new orders totaling Rs 1,002 crore. These orders span transmission and distribution, renewable energy, and transportation sectors. The company secured a significant HVDC transmission line order in Western India. Renewable energy business received an order for a 100+ MW wind project in Southern India. Transportation business secured orders in the automatic block signalling segment.
IEX records 16.6% YoY growth in traded electricity volumes in April
Indian Energy Exchange(IEX) recorded a monthly electricity traded volume of 12,341 MUs in April 2026, a robust 16.6% increase year-on-year. A total of 1.18 lakh Renewable Energy Certificates were traded during the month, though REC volumes declined 59.4% year-on-year.