Reliance, Tata Power, among others win in round II of solar module PLI
The scheme is expected to bring in an investment of ₹93,041 crore and generate over one lakh direct and indirect jobs.
solar energy
March 2023
February 2023
January 2023
December 2022
October 2022
August 2022
July 2022
Solar equipment imports drop 25%; exports up 3x in indigenisation push
Imports of solar cells and modules stood at ₹21,850 crore in 2022.
Economic Survey says renewable energy to be 62% of capacity by FY30
The survey says 500 GW capacity will result in the decline of average emission rate of around 29% by 2029-30, compared to 2014-15.
Budget 2023: Develop Carbon Markets To Fast-track Energy Transition
Accelerate investment into low-carbon technologies beyond renewable energy.
PLI-II booster to power India's solar equipment self-reliance
India has a solar equipment manufacturing capacity of 24 gigawatt of modules and 6.4 GW of PV capacity and around 15-20 GW is under construction.
Jindal Stainless partners with ReNew Power to set up 300 MW renewable plant
The project is expected to start commercial operations by May 2024 and will aid in carbon abatement by over 6.5 lakh tonnes per year.
Corporate funding in solar sector falls 18% in first nine months of 2022: Mercom Capital
During the first nine months of this year, the solar debt financing activity declined by 42% to $8.3 billion in 48 deals, compared to $2.2 billion in 50 deals during the same period last year.
India adds 7.2GW of solar capacity in the first half of 2022
The capacity addition in the first six months of 2022 is a record 59% increase when compared to 4.5 GW installed in the same period of last year.
Solar-wind hybrid power priority in capacity addition
While solar projects connected to grid are dependent on sun and storing energy is an issue, hybrid solar systems provide power continuously without interruption
IAEA alarm over world’s dependence on China for 80% of solar PV
China has invested over $50 billion in new PV supply capacity – ten times more than Europe − and created more than 3,00,000 manufacturing jobs across the solar PV value chain since 2011.
