India

Fibe Brings Rooftop Solar Financing To Spread Green Energy Access

Pune-based leading digital lending platform Fibe launched rooftop solar financing to bring green energy access across India. The company offers credit solutions for residential rooftop solar installations, and it plans to expand its presence in Tier 2 and Tier 3 cities.  Through this initiative, Fibe aims to support an ongoing goal to improve credit access for underserved segments. […]

Read more

Insolation Energy Ramps Up Manufacturing, Eyes ₹8,500cr Revenue

Publicly listed solar module manufacturer Insolation Energy Ltd is aggressively expanding its manufacturing footprint and expects to more than sixfold its revenue to ₹8,500 crore by FY28, driven by demand from emerging sectors such as data centers, EV charging, and green hydrogen. “These industries will be game changers for solar in the coming years,” Manish […]

Read more

IFC, Vertex, Avaana Back Kazam With $6.2 Mn To Expand EV Infra

Karnataka-based electric vehicle (EV) energy-tech company raised USD 6.2 million in Series B funding from multiple investors. The company raised funding from International Finance Corporation (IFC) and existing investors, Vertex Ventures SEA & India, and Avaana Capital Advisors. The latest investment is expected to support Kazam’s expansion across the market, and its energy transition tools […]

Read more

Himachal CM Fast-Tracks Solar, Eyes 13 GW PSPs

Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu, at a high-level meeting of the Power Department, has directed the Energy Department to issue a cancellation notice to non-serious hydro power developers, whose projects have remained stalled for many years. Noting that the undue delays in the project execution are causing significant losses to the state […]

Read more

Rajasthan: NTPC’s 245 MW Nokh Solar Plant Now Fully Operational

State-run power utility NTPC has commissioned the final 52 MW unit of the 245 MW solar capacity at Plot-3 of its Nokh Solar PV Project (3×245 MW) in Rajasthan, according to a recent regulatory filing. The company added, “The first part of the capacity of 193 MW has already been declared for commercial operation on […]

Read more

MNRE Launches ₹2.3 Cr Challenge for RT Solar Innovation

The Ministry of New and Renewable Energy (MNRE) has launched a first-of-its-kind national innovation competition, Innovative Projects Start-Up Challenge, with a prize pool of INR 2.3 crore to drive innovation in rooftop solar and distributed renewable energy systems across India. The announcement was made during the National Conference on Skill Development for the Renewable Energy […]

Read more

PM Modi Lays Foundation For Bihar’s 500 MWh BESS Project

Prime Minister (PM) Narendra Modi today inaugurated and laid the foundation stone for multiple development projects worth over ₹5,900 crore at Siwan in Bihar through video conferencing. At the inauguration, he laid the foundation stone for a 500 MWh Battery Energy Storage System (BESS) capacity in Bihar. The standalone BESSs are being installed at 15 […]

Read more

India Logged World’s 3rd-Highest Power Generation Growth, Finds IEA

The International Energy Agency (IEA) latest report showed that India has seen the third-largest growth in power generation capacity in the world after China and the United States (US) over the past five years. IEA report explained, “While growth in power generation has come from all sources, there has been a surge in investment in […]

Read more

Waaree Drops Odisha Solar Plant Plan, Moves To Other States

Waaree Energies, India’s largest solar module manufacturer, has scrapped its plan to set up an integrated solar manufacturing facility in Odisha, citing execution delays. The company had initially proposed to manufacture ingots, wafers, cells, and modules from a single location in the Dhenkanal district of Odisha. The listed firm said in a regulatory filing on […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll