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Indian rooftop solar market

Eastman Launches Largest Inverter Battery Range

Eastman Auto & Power, a leading provider of power solutions, has announced a major expansion of its inverter battery portfolio, introducing over 100 new models under the Eastman brand and over 70 under its ADDO brand with a total of 170+ SKU’s. The expanded portfolio covers a wide spectrum of capacities, from 100Ah to a […]

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India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge

The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […]

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India Likely To Add More Than 26 GW Of Renewables In FY25: ICRA

ICRA expects the installed renewable energy capacity (including large hydro) in India to increase to about 250 GW by March 2026 from the level of 201 GW as of September 2024. The capacity addition will be driven by the large project pipeline of over 80 GW, following the significant improvement in tendering activity in FY2024. […]

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Equinix, CleanMax Ink 33 MW Captive Project Deal in Maharashtra

Equinix, Inc., a digital infrastructure company today signed a Power Purchase Agreement (PPA) with CleanMax, a renewable energy provider in the Commercial and Industrial (C&I) sector and a Brookfield-backed company. Under the agreement, the parties plan to collaborate to build a 33 MW Captive Power Plant in Maharashtra. This partnership intends to provide renewable energy […]

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Hybrid Inverter Makers Expect Good Days Ahead, Switches To Action Mode

After the Ministry of New and Renewable Energy (MNRE) clarified the eligibility of hybrid inverters under the PM Surya Ghar scheme, solar inverter manufacturers in India are anticipating increased demand within the residential rooftop segment. Hybrid inverters, traditionally used in remote or weak-grid areas, allow consumers to maximize on-site solar power utilization. By utilizing energy […]

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Sharp Fall In BESS Tender Bids Signals Faster Energy Storage Additions In India

In the past three months multiple BESS (Battery-based Energy Storage system) tender results have pointed to yet another mini-disruption in the fast-evolving Indian renewable energy sector. Energy storage targets for 2028 might be a lot closer in 2026 itself. The price drops have been attributed primarily to falling lithium cell costs, which have led to […]

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Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA

A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […]

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Q2 Results: IREDA Reports 36% Jump In Net Profits

The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […]

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Sunsure Energy’s Contrarian Approach Pays Off 

Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO),  Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […]

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