SUBSCRIBE NEWS LETTER

pm surya ghar

NHPC Approves Rs 797 Cr For 1.2 GW Uttar Pradesh’s Solar Park Project

NHPC’s Board of Directors has approved the development of a 1,200 MW solar park in Uttar Pradesh’s Jalaun district, the company said in an exchange filing. It said the project will involve an estimated investment of Rs 796.96 crore, including interest during construction (IDC) of Rs 42.69 crore. The company will invest Rs 239.09 crore […]

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The Hoymiles Truck Blazes A Trail In South India

As India’s solar market expands, a notable expansion has been seen in the rooftop sector where the PM Suryaghar Scheme has catalysed demand in a big way. This rising demand across the country has also created a need for solar firms to look at new ways of reaching potential customers. Global solar and energy storage […]

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India’s Solar Cell Supplies To Trail Demand Till FY27, Finds Study

India has recently witnessed a surge in solar capacity additions, which is estimated to double to 30 GW in FY25, according to an SBI Caps report. This increase in capacity additions is expected to continue improving in FY26 and FY27, further accelerating module demand. The rooftop solar sector is also anticipated to see significant growth, […]

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MSEDCL Has Early Win in 2025 With 100 Day Solar Rooftop target Achieved

Maharashtra State Electricity Distribution Company Ltd (MSEDCL), the key Maharashtra discom outside Mumbai, enjoyed a rare renewable win with the achievement of its 100 day target for solar rooftops in Nagpur met in 82 days. The gains were largely the result of the PM Suryaghar rooftop scheme, with more than 1.5 lakh beneficiaries opting for […]

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Solar Rooftop Firm SolarSquare Records Rs 175 crore Topline In Fy24

Rooftop solar solutions provider SolarSquare recorded a 63.5% year-on-year growth in its operating scale, reaching Rs 175 crore in revenue in the last fiscal year. However, this growth came at a high cost, as the company’s losses surged 2.3X in FY24. SolarSquare’s revenue from operations grew to Rs 175 crore in FY24 from Rs 107 […]

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Maharashtra Discom Stumps Consumers Again With Anti-Solar Move In Tariff Proposal

One of the reasons Maharashtra has been a relative underperformer in Solar has been the approach taken by key discoms in the state, notable the MSEDCL or Maharashtra State Electricity Distribution Company Limited towards   the clean source of energy. From earlier efforts to limit net metering, to favouring gross metering, the MSEDCL has usually made […]

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Vadodara Municipal Corporation Issues 4 MW Rooftop Solar Tender

Vadodara Municipal Corporation has invited a tender to commission and undertake the comprehensive Operations and Maintenance (O&M) of a 4 MW rooftop solar power plant for 10 years. The rooftop solar plant will be installed on various municipal buildings. The municipal corporation has sought bids for the project until February 27, 2025. The tender mentioned, […]

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Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push

The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […]

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Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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