Solar Energy

Uttar Pradesh Solar Energy Policy, 2022: Targets, incentives, eligibility and implementation

The policy is the state government's framework for expanding electricity generation from solar energy and developing the infrastructure needed to connect, store and use that electricity

India's economic growth is high despite ongoing West Asia crisis: PM Modi

Addressing the Bharat Renewable Energy Summit, Modi said India was among the world's top three countries in the solar and renewable energy sector

Solex Energy eyeing US market for international debut, says chairman

Eyeing a footprint in the global renewable energy market, homegrown Solex Energy plans to establish solar module and cell manufacturing capacities in the US as part of its USD 1.5 billion investment roadmap through 2030. In an interaction, the company's Chairman Chetan Shah said that while the US remains the largest global solar market, steep anti-dumping duties on Chinese imports leave India as the sole viable supplier of low-cost alternatives. When asked whether Solex Energy is exploring expansion in the US, he replied in the affirmative. Sharing the rationale behind the move, he said Solex Energy is targeting the US market for expansion primarily to capitalise on the massive global demand for clean energy components while positioning itself as a reliable, cost-effective alternative to Chinese suppliers. "The US is a high-potential market. While many Indian corporates are already present there, a healthy number of business houses, including us, are also looking to invest there,"

India requires $220 bn for renewable energy expansion by 2030: MNRE secy

The investment roadmap covers solar, wind, energy storage, manufacturing, green hydrogen and transmission, with the government seeking to mobilise funds over the next four to five years.

Waaree Renewable Technologies Q2 net profit falls over 29% to ₹81 crore

Waaree Renewable Technologies' Q2FY27 net profit fell over 29% to ₹81.48 crore as higher expenses weighed on earnings, even as revenue rose to ₹1,057.84 crore.

UP rooftop solar capacity reaches 3,000 Mw with over 900,000 installations

Uttar Pradesh has installed over 900,000 rooftop solar plants, taking capacity to 3,000 Mw, with daily additions of 9-10 Mw and an estimated 100,000 direct jobs created

PM Surya Ghar crosses 17.5 GW; rooftop additions fall for 2nd month: Report

PM Surya Ghar has crossed 17.5 GW, but monthly rooftop solar additions fell for a second straight month, a report shows

Sumitomo Corp to acquire 49% stake in HFE's 500 MW Karnataka project

Hero Future Energies will retain a 51 per cent stake in the 500 MW Karnataka project, which combines wind and solar power with large-scale battery energy storage

India's solar boom faces a new test as rising costs squeeze returns

Solar developers face higher costs from domestic cells, commodities and rupee depreciation, while competitive tariffs leave little room to absorb the increase, putting project economics under pressure

Premier Energies commissions largest solar cell plant, capacity at 10.6 GW

Premier Energies has commissioned a 7 GW N-type TOPCon G12R cell facility in Andhra Pradesh, taking total cell capacity to 10.6 GW as it expands high-efficiency solar manufacturing

Luminous Power plans ₹2,000 crore investment in solar manufacturing

Luminous Power Technologies plans to invest ₹2,000 crore over five years as it targets 3X growth through solar manufacturing, batteries and energy storage

Solar module overcapacity drags factory utilisation down to 35-40%: Report

India's module capacity reached 233 GW in June, nearly seven times its cell capacity, leaving factories operating well below levels needed for sustainable operations

Power ministry panel offers tips to contain damage to thermal plants

It proposed ramping down to MTL and minimum load operation during solar hours and ramping up in the evening when solar generation declines

ReNew's Q1FY27 net profit rises 16% to ₹595 crore, revenue up 16%

Renewable energy firm ReNew reported a 16 per cent rise in Q1FY27 net profit to Rs 595 crore, while commissioned capacity increased 17 per cent year-on-year to 13.1 GW

Juniper Green Energy gets LoA for 230 MW FDRE-RTC project from SECI

Juniper Green Energy Ltd (JGEL) on Monday said it has received a Letter of Award (LoA) from the Solar Energy Corporation of India Limited (SECI) for a 230 MW Firm and Dispatchable Renewable Energy (FDRE) Round-the-Clock (RTC) Power Project at a tariff of Rs 5.26 per unit. Juniper Green Energy emerged the winning bidder for the project in the e-Reverse auction conducted by SECI for its 1,000 MW FDRE Round-the-Clock Renewable Energy tender on August 6, 2026, a company statement said. The tender is among India's most innovative renewable procurement tenders requiring renewable energy projects and storage systems to mimic the reliability profile of thermal generation. The project will be implemented in Rajasthan and will be connected to the National Grid. It will be backed by a 25-year Power Purchase Agreement (PPA) with SECI. It will leverage Juniper Green Energy's integrated development capabilities across solar, wind and battery storage technologies to ensure consistent and reliabl

Solar energy's boom in Europe is reaching places once deemed too dark

Across the Nordic region, for the first time, investors and utilities added more new solar capacity than wind in 2025, a lead expected to continue this year

Farmer-led cooperatives can drive the next phase of agricultural growth

The role of the producer- and cooperative-controlled sector may be relevant for an emerging option that could be a substantial source of income for farmers

Why India's growing solar surplus is going unused despite record demand

India's solar generation has surged to record levels, but an average 24 GWh of electricity went unused every day in May 2026 because the grid could not absorb it before demand shifted to the evening

World Bank to mobilise $4.2 billion for India's rooftop solar programme

The World Bank will mobilise $4.2 billion in private financing and provide an $890 million package to accelerate rooftop solar adoption under the PM Surya Ghar scheme

Why adding more solar and wind energy doesn't eliminate the need for gas

Grid India recently asked gas-based power stations to prepare for additional generation, anticipating the need for greater grid support during the monsoon season