Solar Sector

PM Surya Ghar got 7.77 million applications, 4.19 million installations

PM Surya Ghar has received 7.77 million applications since February 2024, with 4.19 million rooftop solar systems installed, covering 5.04 million households

Hormuz and India's neighbours: How China escaped West Asia crisis intact

By sharply reducing oil imports, China not only shielded its own economy from a supply shock (to an extent) - its impact also helped cushion the price shock for other Asian economies, analysts said

Govt weighs industry proposals for next phase of rooftop solar scheme

The Ministry of New and Renewable Energy is consulting industry stakeholders on the next phase of the PM Surya Ghar Muft Bijli Yojana, including proposals on battery storage and rural expansion.

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

India's solar power boom faces regional imbalance, manufacturing glut

While India's solar capacity continues to expand rapidly, regional concentration in installations and mounting manufacturing overcapacity are emerging as the sector's biggest structural challenges

Vikram Solar Q4 results: Net profit rises 21% to ₹110 cr on higher revenues

Vikram Solar on Friday posted nearly 21 per cent rise in its net profit to Rs 110 crore in March quarter mainly on account of higher revenues. The net profit stood at Rs 91 crore in the quarter ended on March 31, 2025, a company statement said. Revenues from operations rose to Rs 1,453 crore in the quarter from Rs 1,194 crore in the same period year ago. In the fiscal year 2025-26, the net profit increased to Rs 470 crore from Rs 140 crore in a year ago.

West Asia crisis has increased logistics cost by 20%: Grew Solar CEO

Solar manufacturer ramps up capacity, eyes exports and new ventures in storage and green data centres amid rising costs

Geojit bullish on solar module makers; bets big on Waaree, Premier Energies

At the current market price, Geojit sees a 15 per cent upside for Waaree Energies shares, and 17 per cent for Premier Energies, initiating coverage on both stocks with Buy ratings

Waaree, Premier Energies soar up to 12%, trade at 3-mth high on huge volume

In the past seven trading days, the stock price of Waaree Energies has appreciated by 24 per cent.

Anand Rathi bullish on renewables; starts coverage on Emmvee, Vikram Solar

Analysts at Anand Rathi see strong long-term growth in India's renewable energy sector. They have initiated coverage on Emmvee Photovoltaics with 'Buy' and Vikram Solar with 'Hold' ratings

Solar equipment majors look to widen horizons to counter US duty threat

US plans steep countervailing duties on solar imports from India, prompting module makers to explore alternative markets and new supply chain strategies to mitigate the impact

Maha Govt signs MoUs worth ₹10,880 cr for multiple Vidarbha projects

The Maharashtra government signed MoUs worth over ₹10,880 crore for solar, healthcare and manufacturing projects in Vidarbha. It will also roll out new industrial policies soon

SDAL, CSIR-NAL partner for development of 150 kg class loitering munition

MIs Solar Defence & Aerospace Ltd entered into a collaborative agreement for design and development of LM-UAV with CSIR-National Aeronautical Laboratories (NAL)for indigenous design, development and production of Loitering Munition (LM) UAV of 150 Kg Class. SDAL was chosen as an industry partner through a competitive bidding. The exchange of agreement between the two parties took place at a function organised at CSIR-NAL.On the occasion of the signing of Collaborative Agreement between CSIRNALand SDAL, Dr. Jitendra Singh, appreciated the new initiative and unique approach adopted by CSIR of involving an industry partner in a project of strategic importance from the very beginning including design & development.Mis Solar Defenceand Aerospace Ltd. (SDAL) asserted that as an industry partner, SDAL will play a pivotal role in the realisation of the LM-UAV and work tirelessly towards productionisation of the system at the earliest.SDALis working tirelessly towards making Indian ..

India's solar module sector faces shake-up as overcapacity looms: Icra

Bifacial modules can absorb sunlight via both front and rear surfaces, while modules made with TOPCon cells have improved electron flow and lead to lower losses

China's solar self-discipline drives turnaround for top silicon producers

The recovery followed a 50% jump in polysilicon prices since July, after the government warned against cutthroat competition seen across sectors, including solar manufacturing

Saatvik Green Energy bags solar modules supply orders worth over ₹700 cr

Saatvik Green Energy on Wednesday said it has secured supply orders for solar PV Modules worth over Rs 700 crore. All orders are set to be delivered in this financial year, a company statement said, adding that these repeat orders were from leading engineering, procurement, and construction companies and from independent power producers. The parent firm, Saatvik Green Energy Ltd, received orders worth Rs 488 crore, while its material subsidiary, Saatvik Solar Industries, received contracts worth Rs 219.62 crore. "At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions. These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability," Prashant Mathur, CEO of Saatvik Green Energy said. Saatvik Green Energy Ltd is a top Indian maker of high-efficiency solar PV modules and the main company in the Saatvik Group. The company works with a wide range of utility-sc

Analysts see up to 34% upside in ACME Solar Holdings stock; here's why

ACME Solarcontinues to actively bid for utility-scale projects, and incremental awards are essential for building earnings visibility into FY29 and beyond.

Solar power stocks trade mixed; check which is best bet for your portfolio

Among solar-related stocks, ACME Solar Holdings has surged up to 55% so far this year; technical charts hint at favourable bias for AMCE and other 2 solar energy-related shares.

Nomura bets on Waaree, Premier as Indian solar capacity to grow 3x by 2030

To meet the robust demand, Nomura analysts project India will add ~309GW of installed capacity between FY25-30F, with renewables (RE) accounting for the bulk of the expansion.

BS Samriddhi: Rajasthan's solar sector doesn't need incentives to grow

The panel discussion was attended by Sunil Bansal, President Rajasthan Solar Association, Rahul Gupta, Founder MD and CEO, Rays Power Experts Ltd and Nitin Agarwal