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45% Of Households Benefit From CFA Under PM Surya Ghar: MNRE

The Union Minister of  New and Renewable Energy (MNRE) has shared details of the households that benefitted through the installation of rooftop solar plants. When asked about the number of rooftop solar installations done under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY) till now, the minister stated, “ Under the PM Surya Ghar: Muft […]

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Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push

The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […]

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Budget 2025: Green Firms Seek Support For Wafer, Ingot Production

As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […]

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Solis launches First Hybrid Inverter In India

Leading global inverter brand and the No.1 rooftop inverter brand in India, Solis has announced the launch of its groundbreaking Hybrid Inverter series, the Solarator Series. With the launch, Solis completes the missing link in its India portfolio, where a hybrid offering was the only missing element so far. The name Solarator is a blend […]

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SBI Caps: Open Access Offered 20% Cost Advantage In Four States

India saw 2024 as a pivotal year for renewable energy, surpassing the 200 GW threshold in installed capacity. Solar energy installed capacity registered a healthy 8% y/y growth in CY24. The SBI Caps report noted exceptional growth and a blip in energy demand, with the non-utility share standing out due to a 25% increase, the […]

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NTPC Issues Tender To Build Pilot BESS At Dadri Thermal Plant

NTPC recently issued a tender to build and test a pilot project for proof of concept to replace diesel generators (DGs) with battery energy storage systems (BESS) at the Dadri Thermal Plant. The plant will be located at NTPC Dadri Stage-I. NTPC sought bids from interested parties until February 10, 2025. Prior Experience  The bidder […]

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Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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Su-Kam Power To Unveil 500 MW Lithium Plant In Himachal

Su-Kam Power Systems Ltd, a power solutions company is now gearing up to revolutionize the energy sector with its proposed 500MW Lithium Plant. Talking about the proposed plan of the company, the management of the firm said that new intervention is likely to add new feature to the cap of the energy firm. Business Head – […]

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NTPC REL Issues 2.5 GW BESS Tender For Its Thermal Plants

NTPC REL recently released a tender to develop a 2500 MW/10,000 MWH Battery Energy Storage System (BESS) project. The NTPC subsidiary has planned the project as spread across NTPC thermal power stations. The last date to submit the bids is February 17, 2025.  The tender document elaborated on the project’s capacity. It mentioned, “The battery […]

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