Solar Industry Updates

Highlights: India added 1.1 GW of rooftop solar capacity from January to June 2024, marking a 26% rise from the 873 MW installed during the same period last year. As of June 2024, India’s total rooftop solar capacity had

Highlights: As of June 2024, India's total installed solar capacity reached 87.2 GW, with nearly 87% contributed by utility-scale projects and over 13% by rooftop solar installations. Solar energy now makes up 19.5% of India’s total power capacity and

Highlights: Maharashtra has proudly introduced its first solar village with the complete solarization of Manyachiwadi in the Satara district. Chief Minister Eknath Shinde aims to solarize 100 more villages across Maharashtra. Maharashtra has proudly introduced its

Highlights: The initiative aims to establish one Model Solar Village per district to boost solar energy adoption. The top-performing village in each district, based on installed RE capacity, will receive ₹1 crore in central financial assistance.

Highlights: The Punjab government is set to establish 66 solar power plants, each with a capacity of 4 MW, resulting in a total capacity of 264 MW. The project is expected to generate approximately 390 million units (MU) of

Under the ambitious Pradhanmantri Suryaghar Muft Bijali Yojna, Maharashtra's rooftop solar generation has now exceeded 100 MW, according to a media statement issued by MSEDCL (Maharashtra State Electricity Distribution Company Limited). A total of 25,086 consumers have installed rooftop

At its annual investor meeting, NTPC announced it had achieved a total installed capacity of 76 GW by the end of June 2024. The company added 4 GW in FY24, with 21 GW under construction and 26 GW in

Highlights: The Finance Minister announced an INR 6,250 crore allocation for the PM Suryaghar Muft Bijli Yojana, the residential rooftop solar scheme, for 2024-25. The budget boosts solar cells & panels manufacturing by exempting basic customs duty (BCD) on

Highlights: The Asian Development Bank (ADB) has approved a USD 240.5 million loan to fund rooftop solar systems in India. The approved financing will be allocated to the State Bank of India (SBI) and the National Bank for Agriculture

Deputy CM Devendra Fadnavis informed the legislative council that Nagpur district accounts for nearly 15% of registrations state-wide under the PM Surya Ghar Muft Bijli Yojna. Nagpur district also represented 20% of the total rooftop installations under this government