Solar Industry Updates
Know the latest news, reports, insights and trends from the Indian solar industry
HCG Commissions 2.25MW Solar Plant, to Save ₹4.2 Crores Annually
Highlights: HCG commissioned a 2.25MW solar plant in Jagaluru Village, Karnataka to save energy costs Plant to supply solar energy to HCG's flagship centre, Bengaluru KR Road, and HCG Suchirayu Hospital, Hubli The hospital chain plans to implement the
Install Solar Panels Over all Government Buildings: Punjab Govt.
Highlights: Punjab Govt. planning to solarize all government buildings. A letter, seeking consent to install solar panels, was sent to all departments. The initiative will reduce state electricity costs and generate hundreds of jobs Punjab Government
India Invites Bids for ₹195 billion Solar PLI Scheme
Highlights: SECI invites bids for the PLI scheme for solar equipment Bids can be submitted online till 9th January 2023 The move aims to reduce import dependence and raise module manufacturing capacity to 90GW State-run, Solar Energy
Punjab to Develop 300MW Solar Power Projects
Highlights: Punjab Govt. decides to Install 300MW solar power plants (200MW canal top PV projects+100MW floating solar projects) A VGF has been proposed for the initiative. The cumulative cost of the solar projects is estimated to be nearly Rs.1500
Pilot Study for Agri Photovoltaic Systems Underway in Hyderabad-Based University
Highlights: PJTSAU begins pilot study on Agri Photovoltaic systems The system will allow the simultaneous use of land for solar power generation and crop production. The technology will take a few years of research to reach Indian farmers
India Saves $4.2 Billion in Fuel Costs by Generating Solar Power: Report
Highlights: Top 7 solar-powered economies of Asia together saved $34 billion in fuel costs through solar power generation in first half of 2022. India saved $4.2 billion in fuel costs. Solar Industry to witness an annual 22% growth across
MP to Set Up Manufacturing Zones for Renewable Energy Equipment
Highlights: MPIDC wins the tender to create manufacturing zones for renewable energy equipment in Madhya Pradesh. The tender was floated jointly by the Ministry of Power and MNRE A sum of One thousand crores has been allocated for the
Ramalayam Temple to Save Over ₹24 Lakhs Annually by Going Solar
Highlights: Bhadrachalam Ramalayam signs MoU with Sun Technologies for an uninterrupted supply of solar power for 25 years. The decision was made to reduce the rising electricity bills. The temple will save at least ₹2lakhs per month by the
ONGC Plans to Develop 1GW Solar Power Plant in Rajasthan
Highlights: ONGC to Set up a 1GW solar power plant in Rajasthan. The company has approached Rajasthan Government for a land space of 5000 acres for the project. ONGC aims to establish a strong foothold in the renewable energy
SJVN to Develop Floating Solar Projects of 1000MW Capacity in Assam
Highlights: SJVN’s subsidiary signs an MoU with APDCL to develop floating solar projects in Assam. The projects with 1000MW capacity will cover an area of 4,500 hectares on the water surface. PSU plans to develop a 50,000MW non-fossil fuel