In Short : India added 6.9 GW of solar open access capacity in 2024, a 77% rise from 2023, driven by low-cost Chinese imports. Maharashtra led with 18% of installations, followed by Rajasthan and Karnataka. The total capacity reached 20.2 GW, but challenges like weak tender demand and project delays threaten India’s 500 GW renewable […]
Grew Solar Invests Rs 2,800 Crore to Boost India’s Solar Manufacturing Capabilities – EQ
In Short : Grew Solar has announced plans to invest Rs 2,800 crore in a capital outlay aimed at establishing a manufacturing facility for solar modules and cells. This strategic move will strengthen India’s solar manufacturing capacity and reduce dependency on imports. The initiative aligns with the country’s push for self-reliance in renewable energy production […]
PM Surya Ghar Scheme Powers 8.46 Lakh Homes, Boosting India’s Solar Revolution – EQ
In Short : Minister Shripad Naik announced that 8.46 lakh households have benefited from the PM Surya Ghar Muft Bijli Yojana. The scheme aims to promote solar energy adoption by providing free electricity through rooftop solar installations. It supports sustainable energy solutions while reducing electricity costs for households, aligning with India’s clean energy goals. In […]
India’s solar capacity surge 167% in 9M – EQ
In Short : India witnessed a remarkable 167% surge in solar energy capacity additions during the first nine months of 2024, with 16.4 GW of projects installed compared to 6.2 GW during the same period in 2023. This growth was driven by the commissioning of delayed projects. As of September 2024, India’s total installed solar […]