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residential solar

HERC upswings incentive on rooftop solar plants installed for residential buildings

A step that might help push solar power generation in the state, the Haryana government has quadrupled the incentive given to rooftop solar plants installed under the state’s new solar policy for residential buildings, from 25p per kWh to Rs1 per kWh. The notice released from Haryana Electricity Regulatory Commission (HERC) states that from starting […]

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Sentinel Solar unveils AHI Wave ESS plug and play residential storage system

The Sentinel Solar has unveiled its new energy storage system at Solar Power International Conference in Las Vegas. The new launch from Sentinel Solar is a storage system based on the safest, cleanest and most reliable battery chemistry ever. The AHI Wave ESS is the latest ‘plug-and-play’ energy storage system designed by the Canadian manufacturer […]

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A Residential Complex in Lokhandwala, Andheri Installs 120 solar panels

A residential complex in Lokhandwala, Andheri (West) goes solar to cut annual electricity bill. The residents have installed 120 solar panels on the rooftop of 16-storeyed Cliff Tower apartment. It is expected to reduce carbon footprint and dependency on the electricity grid. The installed solar panels generate 30 kilowatt (kW) solar energy per hour which […]

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Solar Rooftop Firm SolarSquare Records Rs 175 crore Topline In Fy24

Rooftop solar solutions provider SolarSquare recorded a 63.5% year-on-year growth in its operating scale, reaching Rs 175 crore in revenue in the last fiscal year. However, this growth came at a high cost, as the company’s losses surged 2.3X in FY24. SolarSquare’s revenue from operations grew to Rs 175 crore in FY24 from Rs 107 […]

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Saatvik Solar Initiates Works To Commence Solar Cell Production

Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […]

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SaurEnergy Explains: Balcony Solar – A Game Changer for Apartment Dwellers?

Solar power has taken over the world’s new power projects, becoming the harbinger of the renewable energy age that everyone awaited for so long. Indeed, the utility scale mega solar projects and rooftop solar have been the mainstream type of solar installations. However, other solar power systems, like the balcony solar systems, are quietly gaining […]

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Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing

Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […]

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“WAACAB Focused On Large Solar Installations”-Satyam Khamar

India’s solar boom has opened up a world of opportunities for many firms. WAA Cables is one which has grabbed the opportunity opened up by the rising demand for specialised cables and more for the growing solar footprint across the country. Along with that has come the EV rush, now picking pace, where the firm […]

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Maharashtra Discom Stumps Consumers Again With Anti-Solar Move In Tariff Proposal

One of the reasons Maharashtra has been a relative underperformer in Solar has been the approach taken by key discoms in the state, notable the MSEDCL or Maharashtra State Electricity Distribution Company Limited towards   the clean source of energy. From earlier efforts to limit net metering, to favouring gross metering, the MSEDCL has usually made […]

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