Solar Industry Updates
Know the latest news, reports, insights and trends from the Indian solar industry
India’s Renewable Energy Capacity Grows 18 GW in FY24
Highlights: Solar energy takes the lead in the RE sector, with a total installed capacity of 81.81 GW, followed by wind energy at around 46 GW. In FY 2023-24, India's renewable energy capacity reached 18.48 GW, a 21% increase
There is a Right to be Free from the Adverse Effects of Climate Change: Supreme Court
Highlights: Climate change impacts the constitutional guarantee of right to life, the Supreme Court said in a recent judgment. The court highlighted the urgency for India to transition to sustainable energy sources like solar power, not only to replace
NTPC Sets Ambitious Goal: Adding 5GW Capacity by FY’25
Highlights: In FY24, NTPC successfully added 3,924 MW of new capacity to its portfolio, bringing its cumulative installed capacity to nearly 76 GW. By 2032, NTPC plans to boost its non-fossil fuel capacity to 45-50% of its portfolio.
India is Planning to Launch a Digital Platform to Verify the Origin of Solar Modules
Highlights: The Government of India is planning to introduce an online platform with unique IDs to track made-in-India solar modules. The prototype of the software has been developed and the portal is set to be launched in 2 months.
Bengaluru’s Chinnaswamy Stadium Goes Solar for IPL Season
Highlights: The Karnataka State Cricket Association (KSCA) commissioned a 400-KW solar plant at M Chinnaswamy Stadium, a cricket stadium in Bengaluru. It is the world's only solar-powered cricket ground. The Karnataka State Cricket Association (KSCA) commissioned
India Reinstates Restrictions on Importing Solar Modules from April 1, 2024
Highlights: MNRE confirmed the deadline of March 31 for ending all ALMM-related exemptions for solar project developers in a one-page office memorandum. Domestic manufacturing capacities are projected to grow significantly by 2026. The Indian government has reintroduced the
MNRE Expands ALMM with 3.5 GW Solar Module Boost
Highlights: MNRE just upped the solar game by adding 3,501 MW to its solar module capacity. India can produce a whopping 37,421 MW of solar energy! The Ministry of New and Renewable Energy (MNRE) has significantly
Goa Goes Green: 30MW Rooftop Solar Projects to Power Government Buildings
Highlights: Goa Government Approves 30MW Solar Plants on 300+ Buildings. The project is expected to generate over 4.5 crore units of clean electricity. The Goa state government has given the green light for the installation of 30MW
UP Developing Solar Projects of 3GW Capacity in Bundelkhand Region
Highlights: UP government has announced 10 new solar projects which will be developed in the Bundelkhand region The projects would create employment opportunities for more than 4000 people in the area. The Uttar Pradesh government is
Over 1 Crore Households have Already Registered for Surya Ghar Muft Bijli Yojana
Highlights: More than 10 million households have already registered for the new rooftop solar scheme. PM Modi urged residents who have not registered to do so at the earliest to avail benefits. Prime Minister Narendra Modi