Solar Industry News

In recent years, India has made tremendous progress towards renewable energy, with a focus on solar energy. India has set goals for increasing its solar energy capacity and has taken numerous initiatives to attain them. In accordance with this, India is predicted to overtake China as the world’s second-largest solar manufacturer by 2026. According to …

India can become world’s second-largest solar manufacturer by 2026 Read More »

Under the production-linked incentive (PLI) scheme for high efficiency solar PV modules tranche-II, the government has allocated a total capacity of 39,600 MW of domestic solar PV module manufacturing capacity to 11 companies, with a total outlay of Rs 14,007 crores. According to the official press release, 7400 MW of manufacturing capacity will be operational …

Govt allocates 39,600 MW domestic solar module manufacturing capacity under PLI tranche-II Read More »

Between January and December of 2022, India added 13 GW of solar capacity, with large-scale projects making up 87% of the increase. By December 31, 2022, India has installed 63 GW of solar power. With another 51 GW of projects tendered and awaiting auction at the end of 2022, there were 58 GW of large-scale …

In 2022, India experienced its highest-ever annual solar installation rate. Read More »