Topic
power generation
Commodities Clean power push: India hits 300 GW non-fossil capacity milestone ahead of 2030 target
India crossed 300.50 GW of non-fossil fuel-based electricity capacity as of July 31, accounting for more than 54% of total installed power capacity and over 60% of the 500 GW target for 2030. Solar leads the mix at 164.59 GW, with record additions of 55.29 GW in 2025-26. Domestic solar module manufacturing capacity also crossed 200 GW.
Commodities Geothermal Energy Investment Needed to Develop Next-Generation Technologies
The BBC reports bipartisan US political support for geothermal energy, with new technologies like enhanced geothermal systems (EGS) and millimetre-wave drilling aiming to access deeper, hotter resources. Investment is critical to commercialize these next-generation systems, which could expand geothermal power beyond traditional hotspots.
Commodities Germany Reconsiders Coal Phase-Out as Gas Prices Surge Amid Iran Conflict
Germany, Europe's largest coal power user, is reconsidering its coal phase-out due to a surge in global gas prices following the US-Israel conflict with Iran. Chancellor Friedrich Merz has signalled a potential loosening of phase-out plans to ensure affordable electricity for industry. Energy firm LEAG welcomes the shift, while environmental researchers urge a faster transition to renewables.
Commodities India's Power Generation Capacity Crosses 530 GW, Set to Hit 600 GW Next Year
India's power generation capacity has crossed 530 GW and is expected to reach nearly 600 GW next year, driven by rapid additions in renewable energy, thermal power, and battery storage. A senior Power Ministry official highlighted record peak demand of 270 GW and outlined plans for 97 GW of thermal, 100 GW of nuclear, and over 44 GW of battery storage capacity, along with a Rs 20,000 crore CCUS support package.