PM Surya Ghar Muft Bijli Yojana crosses 10 lakh installation milestone
PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world’s largest domestic rooftop solar initiative, has achieved a historic milestone with 10 lakh homes now solar-powered as of 10th March 2025.
How advanced battery technologies are transforming solar energy storage
The energy storage market is rapidly evolving with cutting-edge battery technologies leading the way. Ongoing advancements are improving lithium batteries’ safety and longevity, further solidifying their position as the preferred choice for solar energy storage systems. Other promising developments are solid-state batteries, flow batteries, and sodium-ion batteries.
JSW Neo Energy acquires Virya Infrapower
JSW Energy arm JSW Neo Energy has acquired Jaipur based renewable power producer Virya Infrapower for INR 7.54 crore.
REC signs INR 18,360-crore pump storage MoU with Kerala government
REC Ltd has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and INR 18,360-crore financing of pumped storage projects in Kerala over the next five years.
India must aim for 600 GW of clean energy capacity by 2030: CEEW
A CEEW study says that if India’s power demand were to continue to outpace current projections, the nation must target 600 GW of non-fossil capacity by 2030 to meet the demand most reliably and affordably.
Swelect secures order for 150 MW of TOPCon solar modules
The company has also unlocked INR 260 crore to reinvest for 1 GW of solar power assets by 2026-27.
NHPC concludes 1.2 GW wind-solar hybrid tender with a price of $0.039/kWh
Adani Renewable Energy has secured the largest slice of 600 MW. Other winners include Mahindra Susten (240 MW), Avaada (210 MW) and Sprng Energy (150 MW).
Solar cells using imported blue wafers will not qualify as domestically manufactured
India’s Ministry of New and Renewable Energy (MNRE) has clarified that solar cells manufactured using imported diffused silicon wafer (generally called ‘blue wafer’) shall not qualify for MNRE schemes and programmes that mandate use of domestically manufactured solar PV cells.
India added 6.9 GW of C&I offsite solar in 2024, up 77% YoY
India’s cumulative installed open access (offsite commercial and industrial) solar capacity reached 20.2 GW as of Dec. 31 2024 with a record annual addition of 6.9 GW in 2024
India’s annual clean power auctions hit 59 GW in 2024
2024 marks the second consecutive year in which India more than doubled its annual renewable auction volumes, says a new report by BloombergNEF.
