Renewables

Timing, in climate diplomacy, is everything. India released the third instalment of its Nationally Determined Contributions (NDC 3.0) this week as the West Asia crisis continues to intensify and energy markets convulsed.

As geopolitical tensions rise in West Asia, India finds itself in a paradox — record renewable capacity on one hand, and wasted solar power on the other.

A new report found that India’s coal-fired power generation declined by nearly 3% in 2025, marking only the second full-year drop in at least 50 years. The report by the Centre for Research on Energy and Clean Air..

The analysis argues that the countries have an opportunity to build affordable electricity systems, with the cost of wind and solar storage coming down. Renewable energy, like wind and solar, is the cheapest source for electricity generation despite claims that technologies are pushing power prices, according to an analysis by Zero Carbon Analytics.

The report says that most of the progress will depend on sustained policy coherence, capital mobilisation and upstream integration India’s Production-linked incentive (PLI) for high-efficiency solar photovoltaic (PV) modules has spurred growth in the solar manufacturing sector

BlackRock, the world’s largest asset manager, has committed to investing ₹3,000 crore ($335 million) in Aditya Birla Renewables Ltd (ABREN), through the company Global Infrastructure Partners (GIP). According to The Hindu, there will be an initial investment of ₹2,000 crore, with a greenshoe option of investing another ₹ 1,000 crore in the future, in exchange for a minority stake.

The cost of storing electricity with utility-scale batteries has fallen to just $65/MWh as of October 2025, except China and the US. According to a new report by the energy think tank Ember, the cost of storing electricity with utility-scale batteries has fallen to just $65/MWh as of October 2025.