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PM KUSUM

India’s Solar Sector Buoyant On New Growth Trajectory

FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […]

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Gujarat: Zodiac Energy Secures 30 MW Solar Project From AMC

Gujarat-based Zodiac Energy recently secured an order from the Ahmedabad Municipal Corporation (AMC) to build a 30 MW ground-mounted solar project in its home state. The company is responsible for designing, supplying, installing, testing, and commissioning a grid-tied solar project. The contract also includes the erection, operation, and maintenance of the project for five years, […]

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India’s Luck With Falling RE Costs Could Run Out, And We Need to Be Prepared

September saw some very interesting points to ponder over, as far as Renewable costs go. While we are all aware of the falling RE costs, especially in solar that have led to solar beating almost every estimate of capacity addition repeatedly, the situation has been very positive on the storage front as well. Yes, storage […]

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MAHAPREIT and NTPC Sign RE Projects Worth 10 GW

NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […]

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GK Energy Gears Up for The Solar Pump Boom

For Gopal Kabra, founder of the solar pump driven GK Energy, the move into the renewable energy business started with solar water heaters in 2006. Hailing from a business family in Nanded Maharashtra, Kabra completed his education in Pune. Right from the start, he was clear about running his own business. It has been a […]

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Solar Pump Maker Solartive Seeks A National Opportunity

Fayyaz Ashraf,33, Director at Solartive is a man in hurry. Five years after he formally pushed into the solar water pump business, he has taken the small, Ranchi-registered firm through a massive transformation from hometown Chatra in Jharkhand, to the state capital Ranchi. The change has meant a transition from a basic 4×8 small shop […]

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Punjab To Issue 20,000 New Solar Pumps, Opens Application

The Punjab Energy Development Agency (PEDA) has issued a notification inviting applications from state farmers for 20,000 new solar pump connections. To facilitate this, the state nodal agency has earmarked 37 blocks across 12 districts. PEDA clarified that in addition to these 37 blocks, farmers from other regions identified as dark zones can also apply […]

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Green Stocks August 5: Market Crash Singes Green Energy Stocks Too

On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […]

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5 Key Points for India on the Road to 300 GW Solar by 2030

India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […]

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