Solar Energy

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

India's rooftop solar additions soar 125% to record 2.7 GW in March quarter

India added a record 2.7 GW of rooftop solar capacity in the January-March quarter, marking the sector's strongest-ever quarterly performance

India overtakes US to become second-largest solar growth market in 2025

India added 37 GW of solar capacity in 2025, overtaking the US to become the world's second-largest solar growth market, behind only China

India's solar boom eases daytime demand, but night shortages persist

India's grid is increasingly managing daytime demand through solar power, but evening shortages show why storage and flexibility are now critical

Solar industry split as locally made cell mandate kicks in on Monday

Mandatory domestic sourcing of solar cells takes effect from June 1, testing project economics while boosting India's manufacturing ambitions

India's energy investment likely to reach $170 billion in 2026, says IEA

The IEA said India's energy investment growth has been driven by solar, coal, transmission and battery storage infrastructure expansion

Rajasthan govt installs over 200K rooftop solar plants under PMSG

Aims to double monthly installations by December 2026

India's power grid race: Can supply keep pace with surging demand?

India's power grid handled record demand this summer, but rising heat, renewable growth and industrial expansion are testing whether its infrastructure can keep pace

Nearly 11,000 get 'zero' electricity bills in Odisha after solar adoption

Nearly 11,000 consumers in western Odisha reported "zero electricity bills" in March 2026 after adopting rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana, officials said. As many as 10,885 households achieved zero bills during the month, driven by installations carried out through TP Western Odisha Distribution Ltd's (TPWODL) 1-kW Utility Led Aggregation (ULA) model, which has accelerated solar adoption in the region. According to a company statement, 18,830 consumers had installed rooftop solar systems in western Odisha as of March 2026, indicating a growing shift towards sustainable and self-reliant energy consumption. The figures showed that around 60 per cent of consumers with rooftop solar installations are now receiving zero electricity bills, while the remaining 40 per cent have reduced their monthly bills by over 80 per cent. In March alone, 1,428 consumers recorded zero bills under the model, underscoring the direct financial benefits of decentralised solar

India set to emerge as world's 2nd largest solar market in 2026: NSEFI

India is poised to become the World's second-largest solar market in 2026 in terms of annual installation, the National Solar Energy Federation of India (NSEFI) said on Wednesday. India has achieved its fastest-ever addition of 50 GW of solar capacity in just 14 months, reaching the landmark 150 GW milestone, according to an NSEFI statement. This marks a significant acceleration compared to the 11 years it took to reach the first 50 GW, followed by nearly three years to scale up to 100 GW. NSEFI CEO Subrahmanyam Pulipaka said that solar energy is projected to reach 280300 GW to support India's 500 GW non-fossil capacity target by 2030. With the current pace, India is nearing an annual addition trajectory of 50 GW, firmly aligning with this goal. In fact, the country is witnessing strong potential for solar capacity to exceed these projections, driven by initiatives such as PM Surya Ghar, the upcoming PM KUSUM 2.0, dedicated floating solar policies, and the growing demand linked to

Govt mandates domestic sourcing of solar wafers for manufacturers

Expansion of ALMM scheme to ingots and wafers will require projects to use domestic components from 2028, strengthening local manufacturing and reducing import dependence

No funds disbursed under ₹24K cr solar PLI scheme till Feb: Govt tells LS

Solar equipment manufacturers have not received any funds under the Rs 24,000-crore production linked incentive (PLI) scheme for them till February-end, Parliament was informed on Wednesday. The Ministry of New and Renewable Energy, Government of India, is implementing the PLI Scheme for High Efficiency solar PV modules with an outlay of Rs 24,000 crore. Under the scheme, letters of award have been issued for setting up 48,337 MW of fully/partially integrated solar PV module manufacturing capacity, Union Minister for New & Renewable Energy Pralhad Joshi said in a written reply to the Lok Sabha on Wednesday. The minister said as on February 28, 2026, no funds have been released under the scheme, as it provides for the release of PLI to successful bidders a year after commissioning of the manufacturing projects awarded under the scheme. Until now, this one-year post-commissioning period has not been completed in respect of the projects awarded under the scheme, he stated. Under the