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Heat wave triggers peak power demand, prompts long-term shift to renewables in India: IEEFA

The report finds gas-based power expensive in the short term. While energy storage options are expected to become commercially viable in medium term, round-the-clock renewable energy capacity is projected to increase

A mountain of renewable assets is looking for buyers

More than 20 renewable assets are in the market to raise capital, but not all will manage to find investors due to oversupply and valuation mismatches. ReNew Energy, Macquarie Group s Stride, Ayana Renewable, Fortum and O2 Power are among firms seeking investments or an outright sale

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