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Government Mandates Two-Hour Energy Storage Integration in Solar Tenders

The Ministry of Power (MoP) has mandated that all Renewable Energy Implementing Agencies (REIAs) and state utilities to incorporate a minimum two-hour co-located energy storage system (ESS) equivalent to 10% of the installed solar...

February 19, 2025

Market & Policy

Power Ministry Amends Bidding Guidelines for Renewable Energy Projects

The Ministry of Power (MOP) has amended its tariff-based competitive bidding process guidelines for procuring power from wind, solar, wind-solar hybrid, and firm and dispatchable renewable energy projects with an energy storage sy...

February 20, 2025

Electric Vehicles

Karnataka’s Clean Mobility Policy 2025-30 Targets ₹500 Billion Investment

The Government of Karnataka has introduced its Clean Mobility Policy 2025-30, targeting ₹500 billion (~$5.755 billion) investments across the clean mobility value chain by 2030. The policy targets establishing Karnataka as Asia’s ...

February 18, 2025

Markets & Policy

MNRE Proposes Lower Module Efficiency Thresholds for Off-Grid Solar Projects

The Ministry of New and Renewable Energy (MNRE) has proposed an amendment to reduce the minimum module efficiency requirement under the Approved List of Models and Manufacturers for modules used in off-grid solar projects. The min...

February 17, 2025

Latest News

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Daily News Wrap-Up: Two-Hour Energy Storage Integration Mandated for Solar Tenders

The Ministry of Power mandated that all renewable energy implementing agencies and state utilities incorporate a minimum two-hour co-located energy storage system equivalent to 10% of the installed solar capacity in all solar tenders. The Ministry...

February 20, 2025

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NHPC Tenders 19.2 MW Rooftop Solar Projects in Haryana

NHPC has issued a request for selection to set up 19.20 MW rooftop solar projects on government buildings in Haryana under the renewable energy service company model. Bids must be submitted by March 24, 2025. Bids will be opened on March 28. Bidders...

February 20, 2025

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Rajasthan Announces 150 Units of Free Electricity with Rooftop Solar Projects

The Rajasthan government has announced 150 units of free monthly electricity for the beneficiaries of the Chief Minister Free Electricity Program. The announcement was made by the state Finance Minister, Diya Kumari, while presenting the state...

February 19, 2025

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POWERGRID Invites Bids for 7 MW Rooftop Solar Systems Under PM Surya Ghar

Power Grid Corporation of India has invited bulk contract bids to supply and install 7 MW of rooftop solar systems on its buildings in northern and western regions under the PM Surya Ghar: Muft Bijli Yojana. The northern region will have a total...

February 19, 2025

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Assam Invites Bids for 134 MW Rooftop Solar Projects

The Assam Power Distribution Company (APDCL) has invited bids to set up rooftop solar projects with a cumulative capacity of 134 MW across government buildings under the PM Surya Ghar: Muft Bijli Yojna. The capacity will be divided into 76 MW in...

February 19, 2025

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Credit Fair Secures $5 Million from Symbiotics for Rooftop Solar Financing

Rooftop solar financing company Credit Fair has raised $5 million (₹415 million) from the $75 million (₹6.22 billion) ‘Green Basket Bond’ issued by Symbiotics Investments. Credit Fair intends to use the funds to finance 2,500 rooftop solar projects,...

February 19, 2025

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Reliance Signs Agreement for 10 GWh Battery Storage Under PLI Program

The Ministry of Heavy Industries has signed a program agreement with Reliance New Energy Battery, a subsidiary of Reliance Industries, for a capacity of 10 GWh under the Production Linked Incentive (PLI) Program for Advanced Chemistry Cell (ACC)....

February 19, 2025

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Borosil Hurt by Cheaper Chinese Solar Glass, Loss Widens in Q3 FY 2025

Borosil Renewables reported a net loss of ₹300.7 Million (~$3.46 million) in the third quarter (Q3) of the financial year (FY) 2025, from a loss of ₹158.9 million (~$1.83 million) in Q3 FY 2024. The company attributed the higher loss to a...

February 19, 2025

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Daily News Wrap-Up: Solar Module Capacity Under ALMM Drops to 67.1 GW

The Ministry of New and Renewable Energy added two new entrants, Easy Photovoltech and Akshaya Solar Power (India), to the Approved List of Module Manufacturers, adding 81 MW and 33 MW of capacity, respectively. However, the cumulative module...

February 19, 2025

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