Tag: clean energy

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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Global EV Count to Reach 116 Million by 2026

Global EV adoption is accelerating faster than previous projections, with 116 million electric vehicles expected to be in operation by 2026, according to new...

Data Centre Energy Demand to Double by 2030: Gartner

The world’s data centres are entering a new era of extreme energy demand, with global electricity consumption projected to grow 16% in 2025 and...

CtrlS and NTPC Green Energy Sign MoU for 2 GW Renewable Power Collaboration

CtrlS Datacenters Ltd, Asia’s largest Rated-4 datacenter operator, has signed a strategic memorandum of understanding (MoU) with NTPC Green Energy Limited (NGEL) — a...

TDB Supports Pune Startup for Indigenous Supercapacitor Energy Storage

In a significant step towards strengthening India’s deep-tech and clean energy innovation ecosystem, the Technology Development Board (TDB) under the Department of Science &...

IREDA Q2 Profit Rises 41% Amid Clean Energy Push

India’s renewable energy sector continues to gain remarkable traction, as the Indian Renewable Energy Development Agency (IREDA) reported exceptional financial performance in Q2 FY26,...

Google Signs $3B Hydropower Deal With Brookfield

Google has entered into the world’s largest corporate hydropower deal, securing up to 3 GW of electricity from Brookfield’s hydropower plants in Pennsylvania. The...

India Hits 50% Clean Power Target 5 Years Early

India has crossed a critical clean energy milestone by generating half of its total installed power capacity from non-fossil fuel sources — five years...

Blackstone to Buy TXNM Energy for $11.5 Billion

Blackstone Infrastructure has announced plans to acquire TXNM Energy in a deal valued at $11.5 billion, including debt, as it places a long-term bet...

IWTMA: Wind Sector Targets 100 GW by 2030

India's wind energy sector is ramping up investments in capacity building, technology innovation, and workforce development to help the country achieve 100 GW of...

Energy Storage Market to 5X by 2032

India’s energy storage sector is projected to grow five-fold between 2026 and 2032, drawing investments worth ₹4.79 lakh crore, according to a forecast by...

CCI Approves JSW Neo O2 Power Acquisition

The Competition Commission of India (CCI) has granted approval for JSW Neo Energy Limited’s acquisition of 100% shareholding in O2 Power Midco Holdings Pte....

AGEL Secures $1.06B for Rajasthan Hybrid Cluster

Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, has successfully refinanced $1.06 billion in construction financing to support the development of India’s...