Page 3 - Solar Energy

EPA cancels $7 billion Biden-era grant programme to boost solar energy

The Environmental Protection Agency on Thursday terminated a USD 7 billion grant programme that was intended to help pay for residential solar projects for more than 9,00,000 lower-income US households. It's the latest Trump administration move hindering the nation's shift to cleaner energy. The funding, part of Democratic President Joe Biden's Solar for All programme, was awarded to 60 recipients including states, tribes and regions for investments such as rooftop solar and community solar gardens. Solar, a renewable energy, is widely regarded as a way to introduce cleaner power onto the electrical grid and lower energy bills for American consumers.

Centre gears up for the launch of PM-KUSUM 2.0 to meet growing demand

The second phase is likely to match or exceed Phase 1's scale, with possible additions like agrovoltaics and minor guideline revisions

SECI sees record-low price of ₹55.75 per kg in first green ammonia auction

This holds significance as low-priced green ammonia is pivotal for India to reduce reliance on imported natural gas for fertiliser production, lower carbon emissions, and enhance energy security.

NCAER suggests ₹14K cr annual green grant for states to meet RE target

To meet the 500GW renewable energy target by 2030, NCAER suggests providing Rs 14,000 crore in green grants annually to states, with significant allocations to Jharkhand, Maharashtra, and others

Trump tariffs jolt Malaysia, disrupting solar exports, China trade ties

Once a cog in the Malaysian economy, the solar industry profited from Chinese investment. Now it's becoming a case study of what happens when the United States closes its markets

China's stealthy solar exports stay one step ahead of US trade tariffs

In recent months, Batam, a duty-free Indonesian enclave a short ferry ride from Singapore, has become a key waypoint in a convoluted global shuffle

Japan bets on ultrathin solar panels to drive next phase of clean energy

At Expo 2025 Osaka, Japan showcases curved perovskite solar panels that are 20 times thinner than conventional ones, as it aims to boost solar use in cities and cut China reliance

Juniper Green Energy commissions additional 43 MWp in Maharashtra

Juniper Green Energy on Tuesday announced the commissioning of an additional 43 MWp at its power project site in Wardha, Maharashtra. The project supplies power to Maharashtra State Electricity Distribution Company Ltd (MSEDCL), through its subsidiary, Juniper Green Power Five Pvt Ltd, a company statement said. This marks the completion of the entire 103 MWp solar component of the 129 MWp hybrid power project. With this, Juniper Green Energy has commissioned the solar capacity in two phases -- 59.55 MWp on June 6, 2025, followed by 43 MWp on July 14, 2025 -- achieving full solar capacity within just eight months of signing the PPA (power purchase agreement. This execution brings the solar portion of the hybrid power project online nearly 16 months ahead of its scheduled commissioning date of November 17, 2026. "This achievement highlights our significant contribution to India's increasing need for clean energy," said Ankush Malik, Chief Executive Officer, Juniper Green Energy. Ju

SAEL to invest ₹8,200 cr in Greater Noida solar manufacturing plant

Through one of the largest investments seen so far in the solar manufacturing space in India, the plant in Greater Noida will boost SAEL's total module manufacturing capacity to 8.5 GW

Need to establish weather stations at wind, solar plants of 50 MW: CEA

In an effort to enhance grid reliability and efficiency of green energy projects, the Central Electricity Authority has proposed that an automatic weather station needs to be installed at wind and solar plants of 50 MW or above by the developer. In February, the Central Electricity Authority (CEA) issued an advisory on co-locating energy storage systems with solar power projects to enhance the cost efficiency and stability of the grid. The solar and wind generation depend on weather conditions. There are issues like not getting accurate weather forecasts. Many a time, forecasting errors result in significant financial penalties under the Deviation Settlement Mechanism (DSM), the Central Electricity Authority (CEA) has said in a notification dated July 7. There is a need to install automatic weather stations in solar and wind power plants, the CEA said, adding that it has prepared guidelines for the same and directed all renewable energy implementing agencies (REIAs) to include the .

CCI approves British Int'l investment in ReNew Photovoltaics solar business

The Competition Commission of India (CCI) on Tuesday approved British International Investment's proposal to acquire a stake in solar manufacturing firm ReNew Photovoltaics. British International Investment plc is a development finance institution, wholly owned by the UK Government, which provides scarce and patient capital to private sector entrepreneurs in developing countries. "The proposed combination relates to an investment by the acquirer (British International Investment) in the target (ReNew Photovoltaics Pvt Ltd) through subscription to securities of the target," CCI said in a release. Renew Photovoltaics is engaged in the manufacturing of solar modules and cells in India. "CCI approves the proposed investment by British International Investment plc in ReNew Photovoltaics Pvt Ltd," the competition watchdog said in a post on X. Last month, ReNew Energy Global Plc announced that it has secured an investment of Rs 870 crore (around USD 100 million) from British Internationa

Rajasthan bets big on solar power to emerge as a renewable energy leader

Due to Rajasthan's rising electricity demand, which is increasing by an estimated 8-10 per cent annually, the government's focus is to obtain 43 per cent of power consumption from solar energy by 2030

Powering change: How Pakistan is crowdfunding its energy revolution

Across Pakistan, a grassroots energy revolution is reshaping the grid, and offering a possible model that could transform similar fast-growing, energy-poor countries in Asia and Africa

Emmvee bags ₹1,500 cr order from KPI Green Energy for solar module supply

Emmvee on Tuesday said it has bagged an order worth nearly Rs 1,500 crore from KPI Green Energy to supply TopCon bifacial solar modules for an upcoming project in Gujarat. Modules will be manufactured at Emmvee's facilities in Dabaspet and Sulibele, Karnataka, and deployed for an upcoming solar project in Gujarat, a company statement said. According to the statement, Emmvee, one of the leading Indian solar module and cell manufacturers, has bagged a nearly Rs 1,500 crore order from KPI Green Energy Ltd, part of the KP Group, to supply high-efficiency TopCon bifacial solar modules. The continued association reflects the market's confidence in Emmvee's technological leadership and delivery excellence, the statement said. "This new order from KPI Green Energy underscores our commitment to quality, strong execution capabilities, and the relationship capital we've built with long-standing partners in the industry," said Manjunatha DV, founder and Managing Director, Emmvee. This large-s

Oil's lost decade is about to be repeated amid rising clean energy bets

Even looking forward to 2026, crude output is likely to remain below the production peak the world hit in 2018

SG Mart enters renewables with solar brand, wins ₹266 crore orders

SG Mart diversifies into renewables with its new brand APL Apollo SunSteel, securing ₹266 crore in orders for solar module mounting structures from leading IPPs

Solar Federation seeks extension of inter-state transmission fee waiver

The National Solar Energy Federation of India (NSEFI) has urged the government to protect the viability of numerous renewable energy projects facing risks from delays beyond the control of developers, according to a person familiar with the matter. In the letter to the advisor to the Prime Minister's Office, the federation urged that the Inter-State Transmission System (ISTS) charges waiver be extended to projects getting commissioned by June 2026 and meeting a specific criterion relating to connectivity application status, financial closure, land acquisition beyond the 50 per cent threshold, and if orders for equipment have been made. The federation, representing a broad spectrum of stakeholders across the solar value chain, stated that while the ISTS waiver, originally announced by the Ministry of Power (MoP), has played a "pivotal role in making renewable power more competitive", its delayed implementation by the Central Electricity Regulatory Commission (CERC) in February 2023 ..

Waaree secures $176 million deal to supply 586 MW solar modules in US

Waaree Energies on Friday said it has signed a USD 176 million agreement with a US-based independent power producer to supply 586 MW solar modules. The modules will be manufactured at Waaree Solar Americas' facility in Brookshire, Texas, and are scheduled for delivery during FY 202627 across four projects, a company statement said. "This agreement reflects Waaree's unwavering commitment to building a resilient, robust, and technologically advanced clean energy supply chain in the US," said Sunil Rathi, President, Waaree Solar Americas. In January, Mumbai-headquartered Waaree Energies announced starting commercial production of solar modules at its manufacturing facility in the US. Waaree Energies is India's leading renewable energy company having an installed capacity of 15 GW for solar PV modules globally (including 1.3 GW of Indosolar and 1.6 GW in Texas, USA). The company also has 1.4 GW of cell manufacturing facility with an expansion capacity of 5.4 GW.

Insolation Energy net profit more than doubles to ₹126 cr in FY25

Leading solar module manufacturer Insolation Energy Ltd on Tuesday reported over two-fold jump in net profit to Rs 126.19 crore in the fiscal year ended March 31, 2025 on the back of rise in revenues. In the financial year ended March 31, 2024 the company had posted a net profit of Rs 55.47 crore. The company's consolidated turnover stood at Rs 1,333.76 crore, registering an 80.93 per cent year-on-year growth compared to Rs 737.17 crore in FY 2023-24. The EBITDA (earnings before interest, taxes, depreciation, and amortisation) of the company more than doubled to Rs 170.32 crore, while gross margins rose 86.44 per cent to Rs 231.79 crore, a company official said. Chairman Manish Gupta attributed the strong performance to the company's focus on innovation, scale, and quality. "We have expanded from an 80 MW PV module capacity in 2017 to an expected 4 GW by July 2025," Gupta told reporters here. Company's Managing Director Vikas Jain said that the company plans to scale further, ...

Delhi Cabinet approves Rs 30,000 subsidy for 3 kW solar panels on rooftops

Delhi cabinet on Tuesday approved a subsidy of Rs 30,000 on the installation of 3 kW rooftop solar panels, Environment Minister Manjinder Singh Sirsa said. The minister said the cabinet also approved the procurement of litter machines, anti-smog guns, mechanical road sweepers and water sprinklers as part of its pollution control measures. Sirsa said, "Now the cabinet meeting chaired by Chief Minister Rekha Gupta has approved a subsidy of Rs 10,000 per kilowatt more which comes around to Rs 30,000." The central government provides a subsidy of Rs 78,000 for installing rooftop solar panels under PM Surya Ghar Yojana. Sirsa also said that the government will tie up with banks so that people can get easy loans on installation charges for solar panels. People will not have to spend any money from their packet and will save Rs 4,200 per month, he added.