Budget 2025 expectations of the Indian renewable energy industry
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
Union Budget 2025-26: What India’s green industry expects from the upcoming budget
The 2025-26 Union Budget has the potential to be a defining moment in India’s journey toward a net-zero economy. By addressing key areas such as renewable energy, green hydrogen, sustainable mobility, and community-level projects, the government can create a robust framework for decarbonization.
Residential rooftop solar scheme presents over INR 1 trillion opportunity for component manufacturers
Residential rooftop solar scheme PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) has the potential to catalyze an INR 1.2 trillion ecosystem, with PV module, inverter, mounting equipment, and electrical component manufacturers as the primary beneficiaries alongside project developers and EPC players, says a new report by SBICAPS.
India’s installed renewable energy capacity grows 15.84% year-on-year
The nation has reached a cumulative installed renewable energy capacity of 209.44 GW as of Dec. 31, 2024, with major contributions from solar (97.86 GW) and wind resources (48.16 GW).
Perovskite solar beach umbrella and electric cooler
Anker introduced an off-grid solar perovskite umbrella and a cooler with battery energy storage at CES 2025 in Las Vegas, Nevada.
India’s climate policies to reduce 4 billion tonnes of CO2 emissions between 2020 and 2030: CEEW Study
India’s climate policies on power, transport and residential sectors, such as scaling renewables to advancing energy efficiency and electric mobility, have already mitigated 440 million tonnes of carbon dioxide (MtCO2) between 2015 and 2020, and are on track to save 3,950 MtCO2 emissions between 2020 and 2030. However, achieving net-zero by 2070 needs bolder action.
India added ‘record’ 17.4 GW solar in first nine months of 2024, says JMK Research
India installed about 17.4 GW of solar capacity from January to September 2024. This included about 13.2 GW from utility-scale PV installations, 3.2 GW rooftop projects and 1 GW offgrid/distributed PV capacity.
India re-elected as president of International Solar Alliance
The seventh session of the International Solar Alliance (ISA) Assembly has elected India as President and France as co-president for a period of two years from 2024 to 2026.
ISA, GH2 launch Green Hydrogen Policy Accelerator Training Course in New Delhi
Building on the success of the Cairo Edition, International Solar Alliance (ISA) and Green Hydrogen Organisation (GH2) have brought their Green Hydrogen Policy Accelerator Training Course to New Delhi.
India surpasses 90 GW of installed solar capacity
India’s cumulative installed RE capacity hit 201.46 GW at the end of September 2024 with 90.76 GW coming from solar projects, according to the latest figures from the Ministry of New and Renewable Energy (MNRE).
