German wholesalers hit by six-figure losses from new solar module scam
Suspected fraudsters are using false identities to claim they are interested in solar modules. The wholesalers typically respond by delivering the requested products, but the scammers never actually pay for their orders. These are not isolated cases, as a clear pattern has emerged.
Tata Power Renewable Energy partners Bank of Baroda for finance to residential solar customers under PM Surya Ghar Yojana
Tata Power Renewable Energy Ltd and Bank of Baroda have signed a Memorandum of Understanding to facilitate low-cost, hassle-free financing options for residential rooftop solar customers under the Pradhan Mantri Surya Ghar Yojana.
Welspun New Energy commits INR 13,500 crore for pumped storage, floating solar in Odisha
Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.
NTPC secures PPA with Indian Army for solar-hydrogen based microgrid project
NTPC has secured a power purchase agreement (PPA) with Indian Army for sale of power from its solar-hydrogen based microgrid project at Chushul (Ladakh).
Solarium Green Energy IPO opens this week
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Union Budget 2025: A bright future for India’s solar industry
With climate change and energy security at the forefront of global concerns, the government has unveiled a series of policy measures and incentives designed to accelerate the adoption of solar power.
Amid uncertainty, Premier Energies halts plans for U.S. solar cell factory
Premier Energies of India put its plans on hold to build a manufacturing facility in the United States as it waits for “the regime in the U.S. to settle down and be clear on what they want to do.”
Union Budget 2025-26: India focuses on waste-to-wealth to secure lithium battery supply chain
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
Budget 2025 expectations of the Indian renewable energy industry
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
Union Budget 2025: Expectations of India’s solar industry
With the Union Budget 2025-26 approaching, the solar industry anticipates key policy and financial measures to sustain this momentum. The budget is expected to increase funding for green technologies, including solar, wind, and green hydrogen.
