Solar News

India’s Solar Capacity Crosses 75 GW, Says Latest CEA Report

The latest data on renewable energy capacity additions released by the Central Electricity Authority (CEA) said that India’s total installed capacity of solar power crossed 75 GW. The data from the government entity said that in the initial two months of 2024, India added a total of 2,257 MW of solar power. The additions are […]

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“CSH In India Is Best Suited For Heating Applications”, Jaideep Malviya

Jaideep Malviya is a familiar site for all solar industry professionals and those who track the sector in India. A veteran of the solar movement who shifted his focus towards niche but critical segments like Solar Thermal heating and solar recycling, Malviya has been a passionate advocate for India to adopt these more aggressively. Here, […]

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The PM Free Solar Power Scheme- Challenges Ahead

The Pradhan Mantri Surya Ghar: Muft Bijli Yojna (PMMBY), going by the hype around it, has achieved one of its key objectives already. Perhaps no other announcement around solar has triggered the sort of coverage and expectations  like this single announcement from Prime Minister Narendra Modi to power 10 million households across India with solar […]

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Govt Allocates Rs 500cr To Boost Electric Two & Three Wheelers

The Ministry of Heavy Industries has now issued a notification to start a new scheme (Electric Mobility Promotion Scheme) especially dedicated to the promotion of electric two and three wheelers. As per the government notification, the scheme will be valid only for four months from April 1, 2024 to July 31, 2024. The ministry has […]

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SGEL Gets LoI From GUVNL For 500 MW GIPCL Solar Park In Khavda

SJVN Green Energy Limited (SGEL) a renewable arm of SJVN received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 500 MW Solar Project. This project is part of GUVNL Phase-XXI. Geeta Kapur, Chairman/Managing Director, of SJVN, SJVN Green Energy Limited (SGEL) earlier bagged the 500 MW (100 MW + […]

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SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project

Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […]

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Shakti Pumps Receives Fourth Work Order From HAREDA Under KUSUM

Shakti Pumps (India) Limited received its fourth work order under the KUSUM‐3 scheme from the Haryana Renewable Energy Department (HAREDA). The company received the order for 2,130 pumps for the state. Shakti Pumps an energy-efficient pumps and motors manufacturer claims to be at the forefront of providing a variety of renewable energy solutions, primarily for […]

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GAIL Issues Tender For Solar Plants Across Locations In India

State-owned natural gas processing and distribution company GAIL has issued a tender inviting bids for the design, supply, installation, testing, commissioning, and operation & maintenance (O&M) of rooftop and land-based solar energy plants at multiple locations. The deadline for bid submission is April 2, 2024, with bid opening scheduled for the next day. Bidders must […]

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Greaves Finance, Muthoot Capital Sign Co-Lending Deal To Finance EVs

Greaves Finance Limited an ev-focused lending platform partnered with Muthoot Capital Services Limited (MCSL) a non-banking financial company (NBFCs) to enter a co-lending arrangement. This arrangement has been made to increase the availability of electric two-wheeler financing solutions across India. Greaves Finance Limited is a non-banking financial company (NBFC) and a wholly owned subsidiary of […]

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