NTPC has decided to raise INR 4,000 crore through the issuance of unsecured, non-convertible debentures on a private placement basis on May 9.
A new report by SolarPower Europe, with India-specific projections contributed by the National Solar Energy Federation of India (NSEFI), projects India’s solar module manufacturing capacity to increase significantly from 80 GW in 2025 to 160 GW by 2030. Cell manufacturing capacity is projected to grow from 15 GW to 120 GW.
Reliance Power said the capital infusion will strengthen its growth trajectory in the renewable energy sector.
Solar trackers are not just an upgrade to existing PV setups—they have the potential to be as crucial as any other component in a solar power plant.
As India strives to move away from its reliance on coal and other fossil fuels, financing this transition remains one of the greatest hurdles. The key challenge lies in de-risking investments to attract the necessary capital for a sustainable and low-carbon energy future.
Malaysia’s first rooftop aggregation initiative for solar systems is now live. The program allows homeowners to lease or rent their rooftop for solar generation, with the electricity produced sold to commercial and domestic customers within a 5 km radius.
Over 70% to 90% of early-stage projects fail and are never constructed, according to findings reported by Paces.
The funding will support the construction of a new state-of-the-art 4 GW TOPCon cell facility in Dholera, Gujarat.
In April 2025, Uttar Pradesh (UP) became the latest state to enter the pumped hydro storage market by signing power purchase agreements (PPAs) for a cumulative capacity of 2.75 GW/22 GWh (8-hour solution).
To support the projected EV growth, India’s cumulative installed electric vehicle (EV) charging points—public and captive—will need to grow from around 76,000 in 2024 to between 0.9 million and 2.1 million by 2032, according to the report by India Energy Storage Alliance (IES) and Customized Energy Solutions (CES).
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