Solar Energy

Mixed resources to contribute 20-25% of 75-85 Gw RE capacity in FY26, FY27

Policy support and robust pipeline to drive additions; transmission and PPA delays remain key execution risks

Only a new price system can solve the complexity of modern electricity

A market-based price system is key to managing renewable energy, AI-driven demand and grid stability, replacing outdated central planning in modern electricity systems

India's solar push hits slowdown as transmission and demand gaps emerge

India's rapid solar boom is slowing as grid constraints, weak demand growth, stalled contracts, and rising storage needs push the sector into a recalibration phase

2.396 million households covered under solar rooftop scheme PMSGMBY

The scheme is targeting to ramp up the coverage to 3.5 million households by the end of 2025-26 and the government has taken various steps to accelerate its implementation

Rooftop solar's promise hits reality: Who pays for night-time power?

Battery mandates and lower buyback tariffs aim to ease discom losses, but risk slowing household adoption of solar power

MNRE urges lenders to fund solar cells, wafers and polysilicon units

MNRE has urged lenders to expand financing beyond module units to include upstream solar manufacturing while clarifying that no advisory has been issued to pause lending to renewable energy projects

India cautions lenders on financing new solar module units amid oversupply

Several Indian companies have expanded solar module capacity over the past three years, targeting exports to the United States

Hindustan Power wins SECI bids for solar and battery storage projects

Hindustan Power on Tuesday said it has won a bid from SECI to develop a solar project with an energy storage system. The project will require the installation of around 300 MWp of solar capacity and 300 MWh of Battery Energy Storage Systems (BESS), the company said in a statement. It has also secured a project from SECI to develop a solar and battery energy storage facility with a contracted capacity of 150 MW of solar power. Hindustan Power is a leading integrated power-generation company in India, focused on renewable and transitional energy solutions.

India's solar panel exports slump in September as US tariffs bite

India's exports to the United States had surged earlier this year as developers sought alternatives to Chinese panels amid Washington's restrictions on Chinese products

KPI Green wins ₹696 cr contract for 200 MW solar project in Gujarat

KPI Green Energy on Monday said it has inked contract agreements with state-owned SJVN Ltd for an order worth Rs 696.50 crore to develop a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat. This development represents a major advancement in KPI Green's expanding portfolio of utility-scale renewable energy projects, a company statement said. KPI Green Energy Ltd has signed contract agreements with SJVN Ltd, a Government of India enterprise, for the execution of a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat, according to the statement. The contract, valued at Rs 696.50 crore (excluding GST), reinforces KPI Green's position as a credible and trusted EPC partner for large-scale renewable projects, it stated. Under the executed agreements, KPI Green will supply all plant and equipment required for the 200 MW (AC) solar project, in accordance with approved specifications and quality assurance plans. It is also

Jakson Group begins Rs 8,000 cr integrated solar facility project in MP

Jakson Group on Sunday kickstarted its Rs 8,000-crore investment to set up a 6 GW integrated solar manufacturing facility in Madhya Pradesh. Chief Minister Mohan Yadav on Sunday laid down the foundation for the first phase of the project, which involves setting up 3 GW cell and 4 GW solar module manufacturing capacity, Jakson Group said in a statement. The overall plan will se 6 GW of ingot, 6 GW wafer, 6 GW cell and 6 GW of solar module manufacturing capacity over the next three years, generating 4,000 new job opportunities. As per company information, Phase 1 involves investment of Rs 2,000 core to set up up 3 GW cell and 4 GW of module-making capacity. Phase 1 is expected to generate 1,700 employment opportunities. Yadav said, "The solar manufacturing hub at Maksi will create skilled jobs for our youth and position our state as the manufacturing and logistics centre of India's clean energy transition." He said the project reflects Madhya Pradesh's strength as a growth-focused s

Tracking India's solar future: Why every GWh matters in energy transition

As India builds renewable capacity at record speed, the focus must shift from scale to strength-ensuring every GW added delivers dependable GWh and lasting energy security

Chhattisgarh Assembly's new building to be fully power with green energy

Chhattisgarh Assembly Speaker Dr Raman Singh said the new Vidhan Sabha building followed the green building concept and would be fully powered by solar energy

DRDO signs MoU to develop 300 MW solar projects across its establishments

Defence Research & Development Organisation on Tuesday signed an MoU to collaborate on the development of 300 MW capacity of solar-based renewable energy projects across DRDO establishments in India.In a post on X, the DRDO stated that a Memorandum of Understanding (MoU) was signed with the Solar Energy Corporation of India (SECI), which operates under the Ministry of New and Renewable Energy."Defence Research & Development Organisation (DRDO) under the Ministry of Defence and the Solar Energy Corporation of India (SECI) under the Ministry of New & Renewable Energy(MNRE) signed a landmark Memorandum of Understanding (MoU) to collaborate on the development of 300 MW capacity of solar-based renewable energy projects across DRDO establishments in India," wrote DRDO.The MoU exchange ceremony took place at DRDO Bhawan in New Delhi. Dr Samir V. Kamat, Secretary of the Department of Defence R & D and Chairman of DRDO, along with Santosh Kumar Sarangi, IAS, Secretary of .

India adds 4.9 Gw solar capacity under PMSGY, 13% of target met: Report

India has added around 4.9 GW of residential rooftop solar capacity under the Pradhan Mantri Surya Ghar Yojana (PMSGY) and over 57.9 lakh installation applications have been submitted as of July this year, a report released on Tuesday said. The report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics, however, noted that despite a near four-fold increase in applications between March 2024 and July 2025, only 13.1 per cent of the target of 1 crore installations has been met. Moreover, just 14.1 per cent of the allocated Rs 65,700 crore (USD 7.5 billion) in subsidies have been released till July 2025. Given this context, achieving the FY2027 target of 30GW capacity continues to be seen as a considerable challenge. Under PMSGY, Gujarat leads all states with the highest installed residential rooftop solar capacity of 1,491MW, followed by Maharashtra, Uttar Pradesh, Kerala and Rajasthan. These states together account for around 77.2 per .

India added record 34.4 Gw solar, wind power capacity in 9 months of 2025

The country's overall renewable energy installed capacity reached 247.3 Gw at the end of September

Slow bidding for renewable energy projects threatens climate goals

A capacity of around 40.2 Gw was auctioned in FY25, following a record 47.3 Gw in FY24, according to Icra Research, based on government data

Avaada to invest ₹36,000 crore in solar, wind and BESS projects in Gujarat

The MoU signed at the Vibrant Gujarat Summit will drive over 11 GW of green capacity and create thousands of clean energy jobs across key districts

India on track to achieve 500 GW renewable energy target by 2030: Joshi

Union minister Pralhad Joshi says India's clean energy growth, led by solar, is progressing steadily with 162 GW in the pipeline and bids floated for nearly 100 GW

Saatvik Green Energy bags solar modules supply orders worth over ₹700 cr

Saatvik Green Energy on Wednesday said it has secured supply orders for solar PV Modules worth over Rs 700 crore. All orders are set to be delivered in this financial year, a company statement said, adding that these repeat orders were from leading engineering, procurement, and construction companies and from independent power producers. The parent firm, Saatvik Green Energy Ltd, received orders worth Rs 488 crore, while its material subsidiary, Saatvik Solar Industries, received contracts worth Rs 219.62 crore. "At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions. These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability," Prashant Mathur, CEO of Saatvik Green Energy said. Saatvik Green Energy Ltd is a top Indian maker of high-efficiency solar PV modules and the main company in the Saatvik Group. The company works with a wide range of utility-sc