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    • Tata Power eyes solar cells, modules export to US, Europe in FY27, says CEO Praveer Sinha

      With the US tariffs easing to 18% and recently announced FTA with Europe, Tata Power plans to export its solar cells and modules to the US and Europe in FY27 and says that the company will be very competitive to supply to various markets.

    • Union Budget 2026: Renewable energy allocation raised to Rs 32,914.7 crore, PM Surya Ghar gets Rs 22,000 crore

      As reported by Moneycontrol on January 13, the Pradhan Mantri Surya Ghar: Muft Bijli Yojana received an allocation of Rs 22,000 crore in Budget 2026, up from Rs 20,000 crore in the budget estimates of previous year, marking an increase of Rs 10 percent.

    • Budget 2026 may boost PM Surya Ghar, transmission spend as rooftop solar push intensifies

      Budget focus on rooftop solar scale-up and grid readiness as govt targets faster clean energy rollout.

    • India will have indigenous solar cells, wafers and ingots by 2028: Pralhad Joshi

      Pralhad Joshi also said that so far about, Rs 50,000 crore has been invested in the country's solar equipment manufacturing sector.

    • Imported 'blue wafers' banned from solar panels used in government projects to nudge make in India

      Ministry of New and Renewable Energy has ordered that only black wafer, which is the base material for making a solar cell, is allowed to be imported into India. Government wants the process of turning it into a blue wafer to be carried out in India.

    • MC Exclusive | Have shortlisted six locations for nuclear power projects: Tata Power CEO Praveer Sinha

      Sinha said the push for nuclear energy and the increased outlay for PM Surya Ghar in the budget have come at the right time in India’s energy transition journey. When asked about the impact of the policies of the new government in the US, he said India’s energy transition will continue despite global uncertainties, driven by strong power demand.

    • Budget 2025 shines bright for PM Surya Ghar scheme, allocation up 80%

      Moneycontrol wrote on January 22 that the Budget will increase the allocation for the PM Surya Ghar scheme to ensure its faster implementation to meet renewable energy targets

    • MC Exclusive | Green energy budget may increase by at least Rs 10,000 crore 

      The budget for the new and renewable energy sector is expected to go up to Rs 30,000 crore, with the PM Surya Ghar scheme getting the biggest share to meet the target of 50 lakh rooftop solar installations by March 2026

    • Husk Power, world’s biggest mini-grid firm, eyes $400 million fund raise and IPO

      Husk, founded in 2008 in Bihar, is taking advantage of a drive by governments and multilateral lenders such as the World Bank to bring electricity in coming years to the more than 600 million Africans who lack access to it.

    • Tata Power bets on nearly doubling its revenue to Rs 1 lakh crore by 2030: CEO & MD Praveer Sinha

      From December, Tata Power has commissioned its 4.3 GW solar cell manufacturing unit in Tirunelveli, Tamil Nadu which is an addition to the 4.3 GW module manufacturing plant commissioned in October, 2023 located at the same site.

    • At least 42% households await subsidy under PM Surya Ghar scheme: MNRE data

      Gujarat alone has 46 percent (2.9 lakh) of the total (6.34 lakh) rooftop solar installations across the country under the scheme.

    • MC Interview | Tata Power targeting 50% of revenues from consumer-focussed businesses by 2030: MD

      Praveer Sinha, the company’s MD and CEO, feels that the steep rise in its share price is just an early indication of the headroom for further growth as investors re-rate it for its consumer-centric businesses. 

    • Rooftop solar installations fall 26% to 367 MW in Jan-Mar: Report

      The country had witnessed 485 megawatt (MW) of rooftop solar installations during the first quarter of 2023, the research firm said in a report.

    • Chart of the day: Solar power installation, an unfinished agenda

      Despite the potential to generate 750 GW of solar power, the country has only reached an installed capacity of 81.8 GW. Although most of this capacity was added after 2015, significant room for improvement remains.

    • Added bonus: How rooftop solar could add to women's income, empowerment

      Data from the International Renewable Energy Agency (IRENA) shows that women constitute just 32 percent of the renewable energy workforce worldwide. Energy poverty has a disproportionate impact on women in rural areas. Gender quotas in renewable energy projects and targeted financing mechanisms tailored for women-led solar enterprises could help bring more women into the renewables space.

    • Over 1 crore households registered under rooftop solar scheme for free electricity: PM Modi

      "Registrations have been pouring in from all parts of the nation. Assam, Bihar, Gujarat, Maharashtra, Odisha, Tamil Nadu and Uttar Pradesh have seen over 5 lakh regulations," PM said in a post on 'X'.

    • Exclusive: Plans afoot for 15 GW rooftop solar capacity in govt, commercial and industrial buildings

      The government will soon start a pan-India survey to assess the final potential of solar panel installations in both state and central government buildings.

    • Falling cost, government incentives to fast-track rooftop solar installations

      The solar photovoltaic power costs declined by 23 percent in 2023 amid abundant supplies

    • Cabinet approves PM Surya Ghar: Muft Bijli Yojana scheme for installing rooftop solar in 10 million households

      As per Union minister for power and new and renewable energy RK Singh, the government will identify households that consume up to 300 units of electricity a month for the new rooftop solar scheme.

    • How PM Surya Ghar Muft Bijli Yojana is different from the previous rooftop solar scheme

      The MNRE clarified that residential rooftop solar applications submitted before February 13, 2024 will not be eligible for the Central Financial Assistance (CFA) under the new scheme - PM Surya Ghar: Muft Bijli Yojana. They will be eligible for subsidies under the old regime.

    • Govt amends power connection rules; cuts down time, EV owners can take separate connection

      Consumers in co-operative group housing societies, multi-storied buildings, residential colonies can now choose on individual connections for everyone or a single-point connection for the whole premises

    • Govt eyes concentrated solar power systems in renewable energy parks

      There have been only a handful of solar thermal or CSP projects in India so far

    • Tata Power will be a leading supplier for PM Rooftop Solar Scheme: CEO Praveer Sinha

      According to Sinha, the timing of the announcement couldn't have been better for Tata Power. To install solar panels in one crore households, domestic content requirement (DCR) solar PV modules will be needed, and Tata Power's new module-making unit will be well-positioned to supply the same.

    • Modi renames rooftop solar scheme as 'PM Surya Ghar: Muft Bijli Yojana' with Rs 75,000-cr investment

      Union minister for power and new and renewable energy RK Singh said those who availed low-income houses under the Pradhan Mantri Awas Yojna will be considered in this scheme.

    • Government's power sector schemes get 50% higher funds in Budget 2024

      Green hydrogen, solar power and green-energy corridors have all received higher allocations, given the 2030 renewable energy target. Wind energy has received less but is expected to pick up pace next year, officials said

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