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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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MNRE Sets Norms For Solar Cold Storage With Thermal Energy Backup

The Ministry of New and Renewable Energy (MNRE) has established design, performance, and testing standards for Solar Cold Storage systems equipped with Thermal Energy Storage (TES) backup. These systems primarily operate on solar photovoltaic (PV) energy, providing a sustainable solution for preserving agricultural, fishery, dairy, and pharmaceutical products. The new regulations set performance requirements by […]

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GREW Solar Set To Establish 3 GW Solar Cell, Module Unit In MP

GREW Solar, a Chiripal Group venture, is poised to establish a three-stage backward integrated manufacturing unit in Bhopal for solar module production. The company is committed to investing Rs. 3000 crores for the project. Located at Narmadapuram (near Bhopal-MP), the facility spans over a total area of 60 acres. The project is projected to have […]

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JAKEDA Issues 175 MW Rooftop Solar Tender For Govt Buildings

The Jammu and Kashmir Energy Development Agency (JAKEDA) has issued a tender to select solar power developers for the construction of 175 MW grid-connected rooftop solar projects. These projects will be located on government buildings in the Union Territory (UT) of Jammu and Kashmir under the RESCO model. Bids are invited until February 28, 2025. […]

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APTEL Withholds KERC Order On Incremental Solar Tariff

The Appellate Tribunal For Electricity (APTEL) in a recent judgment dismissed a petition by a Karnataka discom to not allow incremental tariff to compensate a solar energy generator on account of ‘change of law’ events. The petitioner Hubli Electricity Supply Company Limited (HESCOM) had earlier moved APTEL seeing its intervention against an impuged order of […]

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Juniper Green Energy Raises $1bn In Debt Financing

Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […]

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Gautam Solar Establishes Its New Module Plant At Bhiwani

Indian solar module manufacturer Gautam Solar today announced the establishment of its new solar module manufacturing plant at Bhiwani in Haryana. The firm said that in a record time of one year, it successfully established its new solar module manufacturing plant from land acquisition to full-scale operations. This facility spans over 60 acres and is […]

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Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF

A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […]

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Tata Power’s 4.3 GW Solar Cell & Module Plant In TN Inaugurated By CM

As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders […]

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