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Markets & Policy

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.

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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.

A budget boost for solar power could reshape india’s energy and agricultural landscape

Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme holds transformative potential for both India’s agricultural and energy sectors. Decisive financial boosts in the 2025 budgets will harness the growing winds of interest and pave the way for widespread adoption.

Top 5 global inverter trends to watch in 2025

Challenges and innovations drive solar and energy storage inverter industry forward in 2025.

Blueleaf, Jakson partner for 1 GW of solar projects in Rajasthan

Blueleaf Energy and Jakson target to jointly develop over 5 GW of renewable energy projects in India. The first project under the partnership is a 1 GW solar portfolio in Rajasthan, which benefits from 25-year power purchase agreements secured with the Solar Energy Corp. of India, NHPC, and Rajasthan Urja Vikas Nigam Ltd.

India achieves 850,000 rooftop solar installations under PM-Surya Ghar Scheme: Pralhad Joshi

The PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, aims at powering 10 million households with solar power by March 2027.

Acme Solar Q3 net profit 152% up YoY

Acme Solar has reported consolidated revenue of INR 401 crore and consolidated net profit of INR 112 crore for the quarter ended Dec. 31, 2024.

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