Solar Industry Updates
Know the latest news, reports, insights and trends from the Indian solar industry
Goa Goes Green: 30MW Rooftop Solar Projects to Power Government Buildings
Highlights: Goa Government Approves 30MW Solar Plants on 300+ Buildings. The project is expected to generate over 4.5 crore units of clean electricity. The Goa state government has given the green light for the installation of 30MW
UP Developing Solar Projects of 3GW Capacity in Bundelkhand Region
Highlights: UP government has announced 10 new solar projects which will be developed in the Bundelkhand region The projects would create employment opportunities for more than 4000 people in the area. The Uttar Pradesh government is
Over 1 Crore Households have Already Registered for Surya Ghar Muft Bijli Yojana
Highlights: More than 10 million households have already registered for the new rooftop solar scheme. PM Modi urged residents who have not registered to do so at the earliest to avail benefits. Prime Minister Narendra Modi
Assam CM Announces State Solar Subsidy of Up to ₹45,000 to Boost Capacity
Highlights: Assam government announces a state subsidy of ₹15,000/Kw to boost solar adoption For government employees availing loans to set up panels, the state will cover 1% of the interest. Assam Chief Minister, Mr. Himanta Biswa
MNRE Mulls Plans to Install 15 GW of Rooftop Solar Capacity Over Govt., Commercial and Industrial Buildings
Highlights: Plans are underway to set up solar panels on government buildings, and commercial and Industrial (C&I) spaces by 2024-25 Eight PSUs have been given the responsibility of setting up solar panels on government buildings under the RESCO model
Indian Solar Sector Received $3.8 Billion FDI in Last Three Financial Years
Highlights: Minister Bhagwant Khuba revealed that both domestic and foreign investors are contributing to the development of solar plants in India The country’s solar sector has attracted $3.8 billion in FDI in the past three financial years alone.
India Installed a Record 1.7 GW of Solar Capacity in 2023
Highlights:India’s rooftop solar installations increased by 6.25% in 2023The residential segment accounted for more than 50% of the capacity additions India installed a record 1.7 GW of solar capacity in 2023, a 6.25% increase compared to the
PM Modi Inaugurates 200 MW Solar Projects, Lays Foundation Stone for 1.8 GW Solar Park Capacity in UP
Highlights: PM Modi inaugurated three solar projects and laid foundation stones for two solar parks in UP. All these are part of the ₹56,000 crore development projects the PM dedicated to the nation in Telangana. Indian
Maharashtra Planning to Solarize 3 Million Homes Under PM Surya Ghar Yojana
Highlights: MSEDCL aims to install rooftop solar plants in 3 million homes, under the new Surya ghar scheme The state government has defined region-wise solar targets and is ramping up consumer awareness efforts to achieve the goal.
SJVN Commissions 100 MW Raghanesda Solar Power Station in Gujarat
Highlights: SJVN’s renewable energy arm has developed a 100 MW solar power station at a cost of ₹642 crore in Gujarat The project will generate 252 million units of energy in the first year and a cumulative 5,805 million