Page 4 - Solar Energy

India achieves 100 GW solar PV module capacity under ALMM: MNRE

Solar PV manufacturing under MNRE's quality-assured ALMM norms grows from 2.3 GW in 2014 to 100 GW, with 100 firms now operating 123 units nationwide

Over 1.67 million households benefitted under solar scheme: Govt to RS

A total of 16.78 lakh households have been benefitted with rooftop installations under the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY) and over Rs 9,000 crore has been disbursed as Central Financial Assistance (CFA) to the beneficiaries, Parliament was informed on Tuesday. The Ministry of New & Renewable Energy (MNRE) is implementing PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY) across the country since February 2024. The scheme targets to achieve rooftop solar installations in one crore households in the residential sector by 2026-27. "A total of 16.78 lakh no. of households have been benefitted with rooftop solar installations under the scheme as on 05.08.2025 and amount of Rs 9,280.88 crore has been disbursed as Central Financial Assistance (CFA) to the beneficiaries," Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik said in a reply to the Rajya Sabha. The MNRE had launched Grid Connected Rooftop Solar Programme Phase-II in March 2019. In ...

Gas reserves dwindling, future lies with solar energy: Tripura power min

Tripura Power Minister Ratan Lal Nath asserted that the future of the northeastern state lies with solar energy as power generation from natural gas-based plants is witnessing a steep decline due to a shortage of supply. He said four of the five gas-based power plants in the state have witnessed a dip in production. Speaking at a programme in Durgachowmuhani in Dhalai district on Monday, he said, "The Palatana power plant, which is supposed to produce 726 MW of power daily, is now producing only 520 MW, while Manarchak power plant is producing 60 MW out of its installed capacity of 100 MW. At RC Nagar plant, NEEPCO is producing 80 MW out of its installed capacity of 135 MW, while Rokhia is producing 80 MW against its installed capacity of 63 MW." Currently, the northeastern state requires an average of 370 MW of power daily, which will go up to 700 MW by 2030. All the gas power plants also send power to neighbouring states. "Power generation is reducing due to a shortage of gas su

SECI net profit rises 15% to ₹502 crore in FY25 on higher revenues

State-owned Solar Energy Corporation of India (SECI) on Monday posted a 15 per cent rise in its net profit to Rs 501.92 crore in fiscal 2024-25, driven mainly by higher revenues. As per the audited standalone financial results for the year ending March 31, 2025, SECI has recorded revenue from operations of Rs 15,185.10 crore and Profit After Tax (PAT) of Rs 501.92 crore, the company statement said. In comparison, it stated that the SECI's revenue from operations for the financial year 2023-24 stood at Rs 13,035.07 crore, and PAT was Rs 436.03 crore. Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy and Chairman & Managing Director (Additional Charge), SECI, said, "This performance reflects the Corporation's commitment to financial discipline and institutional delivery." He further stated that crossing the Rs 15,000 crore revenue and Rs 500 crore PAT benchmark represents a significant development in SECI's financial roadmap. These results improve the ...

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