Solar Power

Microtek invests over ₹400 crore to accelerate solar business growth

Microtek has announced an investment of over Rs 400 crore to accelerate the growth of its solar business. As part of its expansion plans, Microtek has invested over Rs 400 crore and is setting up a new solar panel manufacturing plant in Jaipur, which is expected to become operational by November 2026, the company said at the renewable energy expo 2026 concluded on Saturday. Led by its 'Har Ghar Bijli Ghar' vision, the company will introduce its new Battery Energy Storage System (BESS), highlighting its focus on making reliable energy solutions accessible to households and businesses, the company said in a statement issued on Sunday. With nearly four decades of power management experience, Microtek's portfolio spans four pillars: power generation, distribution, conditioning and storage. At the expo, the company showcased its home inverters, UPS systems, batteries, electrical wires, solar panels, solar inverters and lithium batteries. Supporting initiatives such as PM Surya Ghar: Mu

Swelect Energy plans ₹4,500 cr investment, eyes ingot-wafer manufacturing

Swelect Energy plans to expand its independent power producer portfolio to 1 GW over two years and enter ingot and wafer manufacturing as part of its renewable energy push

Govt to launch AgriPV support scheme, 5 GW capacity possible: MNRE secy

The proposed central scheme aims to bridge the 25-30% higher cost of AgriPV projects, with capacity addition depending on states notifying feed-in tariffs, says MNRE Secretary

China proposes ban on export of 12 solar manufacturing technologies

The proposed measures target specified solar manufacturing technologies and related equipment-manufacturing know-how, not the exports of finished solar modules

More solar, yet power shortages: Why India struggles after sunset

Several Indian states, including Rajasthan and Gujarat, are seeking additional power from the Centre to avoid outages. India’s electricity shortfall reached 560 million units in September,

India's solar cell capacity lags module additions 5x in H1, imports up 18%

India added 50.6 GW of solar module capacity against 9.7 GW of cell capacity in first 6 months of 2026, widening the manufacturing gap and increasing reliance on imports

A tipping point in Indian energy

There will be a nonlinear adjustment in India's shift to renewables

GREW Solar partners US firm to produce 4 GW hybrid-tandem solar modules

The five-year agreement with California-based Caelux targets commercial production from 2028 of perovskite-plus-silicon modules with efficiencies above 29 per cent.

China's solar capacity tops coal for first time: Where does India stand?

China's solar capacity has overtaken coal for the first time, marking a major shift in its power sector; coal's share of electricity generation also fell below 50 per cent in the first half of 2026

Opportunities in the solar sector

In this session, Nishant Sood, Managing Director, Candi Solar India, talks about the solar sector and provides career tips to the B-Schoolers.

India bets on battery storage boom to reduce rising solar power losses

Projects that are not equipped with battery storage are unlikely to find buyers, with almost 42 gigawatts of planned capacity yet to sign offtake contracts, Renewables Secretary Santosh Kumar Sarangi

Uttar Pradesh nets investment worth ₹35,000 crore in renewable energy

Uttar Pradesh attracts over ₹35,400 crore in renewable energy proposals, with five projects in Gautam Buddha Nagar expected to create more than 20,000 jobs and boost the state's green-energy push

PM Surya Ghar: Solar industry seeks battery integration, policy continuity

As the government plans the next phase of PM Surya Ghar, industry leaders seek battery storage integration, differentiated support and policy continuity to sustain growth

India's solar additions rise 38% ahead of ALMM-II deadline: Report

Developers rushed to commission projects before ALMM-II took effect, while Wood Mackenzie expects India's solar capacity additions to exceed 50 GW in 2026

Drinking water supply to be powered by solar energy in Rajasthan

Rajasthan's PHED plans 200 MW-plus of rooftop solar for pumping stations, targeting ₹180 crore in savings through a 25-year RESCO model

RPSG Group subsidiary to buy ReNew's 1.4 GW solar capacity for ₹4,859 cr

The acquisition will raise Purvah Green Power's contracted capacity to 4.8 GWp and support RPSG Group's ambition to build a 10 GW renewable energy platform

CESC unit to acquire renewable assets from ReNew Solar for $510 million

The transaction, expected to close before October 31, will be funded by the parent company, and will accelerate the group's plan to build a 10 GW renewable energy platform over the next few years

Solar cell capacity to reach 100 Gw in a year, says MNRE secretary

MNRE Secretary Santosh Sarangi says the government is also working on a support scheme to encourage polysilicon manufacturing and deepen India's solar supply chain.

Solar met over 20% of peak power demand in June quarter: CREA report

Solar generation rose 37 per cent year-on-year in Q1FY27 and met more than one-fifth of peak electricity demand as renewable energy's role in India's power mix expanded

Cabinet approves ₹5,070 crore scheme for floating solar power projects

PM Surya Sarovar Yojana: Under the scheme, eligible projects will receive Central Financial Assistance (CFA) of ₹1 crore per MW after they are successfully commissioned