This marks Green Climate Fund’s first venture capital investment in India’s deep-tech ecosystem.
A new study by The Energy and Resources Institute (TERI) has estimated India’s total solar potential at 10,830 gigawatts (GW), significantly higher than the previous 2014 assessment of 748 GW by the Ministry of New and Renewable Energy (MNRE). The study revisits conventional solar deployment areas such as barren and unculturable lands and explores additional avenues to expand the country’s solar potential.
The project involves the design, supply, erection, testing, commissioning, and 25-year comprehensive operation and maintenance of rooftop solar systems with a total capacity of 73 MW. These systems will be installed on buildings owned by the Rajasthan State Government and its undertakings.
NTPC Renewable Energy Ltd (NTPC REL) has extended the bidding deadline for the EPC contract of a 250 MW grid-connected solar project in Rajasthan’s Bikaner district. Bids can now be submitted until July 15.
The partnership focuses on developing scalable battery management systems, bi-directional onboard chargers and other EV systems for two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles in the Indian market.
Evolve Energy secures end-to-end EPC contract for rooftop solar installations to power government infrastructure in Pondicherry.
Delta Electronics will supply solar inverters, energy storage, green hydrogen systems, and EV charging infrastructure for KP Group’s clean energy projects across India and overseas.
Solar manufacturer Indosolar Ltd’s equity shares will resume trading on the stock exchanges from Thursday, June 19, 2025. The shares will be listed under the ‘T’ Group of Securities and will trade under the scrip ID WAAREEINDO.
Electric two-wheelers have a lower total cost of ownership (TCO) of INR 1.48/km than INR 2.46/km for petrol models. Three-wheeler EVs cost INR 1.28/km versus INR 3.21/km for petrol.
The company expects to start operations on the 3 GW solar cell line by the first half of fiscal 2027.
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