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Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015

Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […]

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‘Rooftops for Rent’ a New Turn in Solar Market

‘Give us your rooftop and we will give you cheap solar power’, new business model used by the solar energy companies to boost the solar installation capacities. Properties like Industrial establishments, commercial buildings, malls and large gated communities are the targets for this solar mission in India. ‘Around 240 sq mtre of rooftop space is […]

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Maxvolt Energy Industries Unviels Its Smart Lithium Inverter Series

Maxvolt Energy Industries Limited, a lithium battery manufacturer in India, unveiled its Smart Lithium Inverter Series at Ride Asia 2025, held at Pragati Maidan, New Delhi. The company showcased its latest offering with a focus on energy solutions and the renewable energy space. “The newly launched Smart Lithium Inverter Series is designed for next-generation and […]

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Gautam Solar Introduces TOPCon Panels With 640Wp Output

Indian solar module manufacturer Gautam Solar has launched its new Rectangular N-Type TOPCon Bifacial Solar Panel, positioning itself among the early adopters of the next-generation high-efficiency technology in the country. The company said the panel, certified by the Bureau of Indian Standards (BIS), offers power outputs ranging from 620 Wp to 640 Wp and module […]

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UltraTech To Tap AMPIN’s 75 MW Solar Project For Captive Power

UltraTech Cement has signed an energy supply agreement and a share subscription and shareholders agreement to acquire a 26% stake in AMPIN C&I Power Eight Private Limited, a company involved in the generation and transmission of renewable energy. AMPIN C&I Power Eight, based in New Delhi, is a special purpose vehicle (SPV) set up to […]

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12 States Switch to Net Billing for Rooftop Solar: CEEW

A new report by the Council on Energy, Environment and Water (CEEW) has revealed that 12 Indian states have adopted net billing for rooftop solar connections. The report also stated that 13 states and union territories have adopted group net metering. The report, titled How Are Indian States Enabling Rooftop Solar Adoption, analysed state-wise policies […]

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Private Sector-led DRE Solutions Need To Triple Investments: ISA

Ashish Khanna, Director General of the International Solar Alliance (ISA), on Wednesday called for tripling private-sector investments in distributed renewable energy (DRE) solutions, saying such efforts are vital to scale up innovation and access. Speaking at the South Asia Forum for Distributed Energy (SAFDE) 2025 in New Delhi, Khanna said the private sector must lead […]

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INOX Solar Secures Land For 4.8 GW Cell, Module Facility in Odisha

INOX Solar, a subsidiary of Inox Clean Energy, will set up a 4.8 GW solar cell and 4.8 GW solar module manufacturing facility in Dhenkanal, Odisha. The project, backed by the state government, is expected to create more than 3,400 jobs and support India’s target of 500 GW of non-fossil fuel capacity by 2030. Earlier, […]

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Piyush Goyal Seeks More Innovation From Indian Startups

With a thought-provoking speech that served as both an acknowledgement and a critique of India’s startup ecosystem, Union Minister Piyush Goyal held the mirror to India’s startup community at the Startup Mahakumbh event on Thursday in New Delhi. While acknowledging India’s progress and development, Goyal urged entrepreneurs to rethink their focus and aspire to global […]

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