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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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Bigger & Faster – South India’s Renewable Comeback

South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […]

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BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment

BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […]

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India’s Rooftop Solar Poised To Hit 25-30 GW By FY27: CareEdge

India’s rooftop solar energy capacity is projected to surge, rising from 17 GW to an estimated 25–30 GW between FY25 and FY27, according to CareEdge Research.  With a total renewable capacity of 220 GW as of FY25 and a national target of 300 GW solar capacity by 2030. Rooftop solar, particularly in the Commercial & […]

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CEA Rolls Out Resource Adequacy Tool To Aid Discoms

The Central Electricity Authority (CEA) has launched Stellar, an indigenously developed Integrated Generation, Transmission, and Storage Expansion Planning Model with Demand Response. The indigenously developed tool is specifically designed to assist the states in carrying out a comprehensive Resource Adequacy plan in line with the set guidelines issued by the Ministry of Power in June […]

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MNRE Allows Prototype Wind Turbines 3 Yrs For Testing

The Ministry of New and Renewable Energy (MNRE) has issued new draft guidelines stating that prototype wind turbines will be allowed a maximum of three years to obtain type certification for new technologies. These guidelines are part of MNRE’s latest framework for installing prototype wind turbine models. According to the proposal, the installation of a […]

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NHPC Operationalizes 107.14 MW Rajasthan Solar Project

NHPC began commercial operations for 107.14 MW of its 300 MW Karnisar Solar Power Plant in Bikaner, Rajasthan, effective April 12, 2025, the company told in a regulatory filing.  The company completed trial runs for the commissioned capacity on April 10 and informed the stock exchanges through a regulatory filing. NHPC said the trial run […]

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Top 5: Largest BESS Projects in the World in 2025

As large battery projects become more and more common across the world, a new initiative, BESS100 has emerged to track the largest among them all. The BESS100, an open source visual database of the 100 largest operational batteries in the world based on rated power i.e. MW, and not on installed or usable energy – […]

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