The PAT-positive distributed renewable energy player, backed by Japan’s Mitsui & Co. and Chubu Electric Power, is targeting a 1 GW portfolio within five years, with rooftop solar, floating PV, and rural electrification at the center of its growth strategy.
In a new monthly column for pv magazine, the International Solar Energy Society debunks old and new urban legends about solar energy.
The report highlights significant investment opportunities across renewable energy (solar, wind, hydro), bio-energy, energy storage solutions, green hydrogen and its derivatives, sustainable transport infrastructure, digital systems and platforms for climate action, sustainable agriculture, and circular economy and waste management.
India has set an ambitious target of 280 GW of solar capacity by 2030, and of this, at least 40-45 GW is expected to come from distributed solar — a conservative estimate, considering the pace at which the ecosystem is maturing.
As of June 30, 2025, India reached a cumulative installed power capacity of 484.82 GW with 242.8 GW coming from non-fossil fuel sources (8.8 GW nuclear, 49.4 GW hydro, and 184.6 GW renewable energy sources).
Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of a 21 MW AC (29.4 MW DC) ground-mounted solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
Insolation Green Energy has received Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Ltd (JVVNL) to develop 109.79 MW of grid-connected solar projects under Component A of the PM-KUSUM scheme.
Solarium Green Energy Ltd has signed a Memorandum of Understanding (MoU) with the National Institute of Solar Energy (NISE), under the Ministry of New and Renewable Energy, to jointly develop advanced solar-based heating technologies.
The company expects to commission an additional 43 MW (AC) of solar projects under PM KUSUM Scheme in coming months.
MahaNirmiti or MAHAGENCO (Maharashtra State Power Generation Co. Ltd) will soon commission solar power projects with a total capacity of 1,071 MW under Maharashtra government’s Solar Agriculture Feeder Scheme 2.0. The projects will benefit over three lakh farmers in the state by providing uninterrupted daytime electricity for irrigation.
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