solar rooftop

BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing

Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […]

Read more

No Need For Feasibility Reports For Rooftop Solar Below 10kw: Draft Rule

The Ministry of Power, in its latest draft notification, has proposed amending the electricity rules for rooftop solar. As per the latest draft rule, the authorities will remove the requirement to undertake technical feasibility studies for rooftop solar projects below 10 kilowatts (KW). The new draft rules, named Electricity (Rights of Consumers Second Amendment) Rules […]

Read more

UPNEDA Sets Sights on Selecting Solar Power Developers for 500 MW Rooftop PV Project

Uttar Pradesh New & Renewable Energy Development Agency has issued a tender for the selection of solar power developers for setting up of 500 MW of grid connected rooftop solar PV project on Government / semi-government buildings and other Institutions at various locations in Uttar Pradesh under RESCO Model on net metering basis through tariff […]

Read more

Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment

Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […]

Read more

4GW Rooftop Solar Capacity In India Likely By 2024 End: IEEFA Report

A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claimed that India’s rooftop solar market is likely to add a record 4 Gigawatt (GW) of capacity in the fiscal year of 2024. The report claimed that the sector is on its way to overcoming several major roadblocks.  […]

Read more

Solar Startup Zunroof Struggles To Deliver On Promise

There were plenty of rooftop solar companies raising capital during the 2016-19 period. However, the fund inflow in such startups slowed down gradually and only a handful of them are in serious business. In fact, recent funding rounds for firms like Solar Square have been built around funding their customers.  One early pre-2020 startup is […]

Read more

Odisha Issues Tender To Solarise 43 Govt Buildings In Bhubaneswar

The Odisha Renewable Energy Development Agency (OREDA) has now issued a tender to solarise 43 government buildings in Bhubaneswar. This comes under the Bhubaneswar Renewable Energy City Programme. The state capital is also one of the smart cities of India. As per the mandate of the tender, the solar developer would solarise these government buildings through solar […]

Read more

APERC Lowers Ceiling For Netmetering, Enhances Gross Metering Limits

In its latest draft report, the Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed reducing the upper ceiling limit for net-metering consumers going for rooftop solar. At the same time, the Commission proposed increasing the upper cap for gross meter consumers, hinting at a higher push for gross metered consumers. The latest draft regulation has been named […]

Read more