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SJVN Awarded LoI for 125MW Solar Projects in Uttar Pradesh
RE capacity enhancement target of 175 GW by 2022 established by Government of India.
SJVN is a Mini Ratna, Category-I and also Set up 'A' CPSE under
Jan 11, 2022 // Plants, India, Solar Energy, Asia, UPNEDA, PV Power Plant, SJVN Ltd, Uttar Pradesh
Indian solar importers blocked from defering BCD settlements
a communication released on Saturday, India's Central Board of Indirect Taxes and Customs (CBIC) claimed some solar power creating systems had actually been
Jul 12, 2022 // Markets & Finance News, India, Asia, policy, BCD, import duty, bridge to india
ACME Indications Deal With Brookfield Renewable for 450MW Solar Project
currently. Their assets, situated in North and South America, Europe, India and also China, consist of a varied technology base of hydro, wind,
Jun 22, 2021 // Plants, India, SECI, Asia, Rajasthan, MSEDCL, Solar Project, Brookfield Renewable, ACME Solar Holdings
Indian rooftop solar up 517% on last year despite increasing expenses
India currently has an advancing mounted rooftop capacity of 6.1 GW, with Q2 being one of the most effective quarter ever for roof solar, making up 20% of overall solar additions in the nation over the quarter.
Furthermore, 1H 2021 saw India add 862MW of rooftop solar-- a 210% rise on 1H 2020-- which suggests installations in 1H have currently exceeded the total roof solar capacity mounted in all of 2020 (719MW) when the market was drastically impacted by COVID-19 lockdowns.
These additions, nonetheless, were not spread uniformly throughout the nation, with 10 Indian states representing 83% of the collective installments. Gujarat released without a doubt one of the most rooftop solar, with the approximately 1.3 GW installed accountancy for 55% of overall included ability, adhered to by Maharashtra (~ 700MW) and also Rajasthan (~ 450MW).
The report additionally highlighted the climbing cost of rooftop solar in India, with ordinary costs increasing by 3% to 39.1 million/MW (US$ 530,000) contrasted to 38 million/MW (US$ 520,000) in Q1 2021. These cost surges are mostly to the raised cost of components as well as raw material shortages, stated the report.
And, the initial fifty percent of the year could have been also more powerful had it not been for uncertainty surrounding India's net metering system, stated the report.
" Settling the internet metering cap at 500kW has actually eliminated unpredictability for installers and also paved the way for future," claimed Raj Prabhu, Chief Executive Officer of Mercom Capital Group. "However, careless rooftop solar plans across states as well as a lack of assistance from distribution firms are keeping back the field."
Stepping back from roof solar, India gets on track to mount an added 4,580 MW of solar ability in the second half of 2021. But, in an interview with PV Tech earlier this year, study business Bridge to India's handling supervisor Vinay Rustagi stated he expected India to have about 65GW of set up solar ability by the end of 2022, which will fall short of its target of releasing 100GW of solar by then.
Sep 21, 2021 // Rooftop PV, India, rooftop, Asia, net metering
U.S. Tariffs Deepen India’s Solar Glut, Exports Face Squeeze Today
India’s solar manufacturing boom is running into a wall overseas. Fresh U.S. import tariffs of 50% on Indian-made modules—and the prospect of additional anti-dumping duties—now jeopardize a market that absorbs the vast majority of India’s solar exports. Analysts say the hit could exacerbate a deepening supply glut at home, where factories are already underutilized despite rapid capacity expansion.
The numbers tell the story. India has ramped nameplate module capacity to roughly 74 GW and is targeting ~190 GW by 2027, spurred by incentives and import barriers designed to build an end-to-end domestic chain. Yet producers are reportedly operating at about a quarter of capacity, and project bidding at home has slowed—two signs that supply is outpacing near-term demand. The loss (or delay) of U.S. sales would force more product back into an already crowded local market.
There’s another wrinkle. Starting in 2026, many Indian tenders will mandate the use of India-made cells, not just modules. Until then, developers may race to import cheaper Chinese cells and modules, stockpiling where they can—behavior that could drive short spikes in pricing and stress logistics. If anti-dumping duties land on top of the existing tariffs, that route could narrow further, pushing buyers to renegotiate schedules or switch suppliers altogether.
For Indian manufacturers, the path forward runs through cost and credibility. Plants that can prove competitive on efficiency, durability, and warranty—and that can qualify for demanding international tenders—will fare better if the U.S. window narrows. Diversifying export destinations (Southeast Asia, the Middle East, Africa) and building deeper domestic offtake via utility, C&I, and rooftop channels can also cushion the blow. For project developers, procurement strategies need a second look: staggered deliveries, multi-supplier hedges, and more realism on lead times.
Bottom line: the tariff shock doesn’t erase India’s manufacturing rise, but it does raise the stakes. In the near term, expect more volatility in pricing, utilization, and tender outcomes as the industry absorbs a hard stop in its biggest export market.
Aug 28, 2025 // Tariffs, USA, India, Asia, North America
Skoda Installs 8.5 MW Rooftop Solar Plant at Pune Facility
Car major Skoda Auto Volkswagen India has announced the installation of its 8.5 MW rooftop solar photovoltaic (PV) power plant at the company’s
Dec 18, 2019 // Plants, Large-Scale, Commercial, Rooftop PV, India, Asia, rooftop PV, Skoda India, Gurpratap Boparai, Pinaki Bhattacharyya
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power
would certainly mark our 2nd straight infrastructure financial investment in India, following our 2019 investment in the IndInfravit toll road platform," claims
Aug 2, 2021 // Markets & Finance News, international finance corporation, Azure Power Global Limited, IFC GIF Investment Company I, OMERS Infrastructure, Stock Purchase Agreement, Annesley Wallace, Prateek Maheshwari
Indian 1.2 GW solar sees 'hostile' tariffs, Actis buys 400MW of properties
tender saw proposals amounting to around 1.7 GW for projects connected to India's Interstate Transmission System (ISTS), and wrapped up with programmers O2
Aug 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, India, SECI, Asia, Actis, tata power, Azure Power, solar tender, acme, covid-19, auctions and tenders
Inox Clean Energy Buys Skypower, Adds 50-MW Indian Solar Portfolio
Clean Energy Ltd (ICEL), the renewables arm of India’s diversified INOXGFL Group, has completed the takeover of Skypower Solar India Private Ltd.
Jun 30, 2025 // Plants, Large-Scale, Commercial, India, Asia, INOXGFL, Inox Clean Energy
Solar Tech Start-up Loom Solar Raises $2 Mn Funding from SIMA Funds, United States
as well as lithium battery, is headquartered in Faridabad, Haryana. Besides India, the four years of ages company exports its products to 10 nations greatly in
Jan 18, 2023 // Markets & Finance News, clean energy, Climate Change, Amod Anand, Arivazhagan G D, green energy solutions, Loom Solar, Social Investment Managers and Advisors
Zelestra Secures 25-Year PPA for Indian Solar Project
purchase agreement (PPA) for its 450-MWp Anboto solar project in Rajasthan, India, with state-run NTPC Ltd. The contract was awarded in January when Zelestra
Aug 23, 2024 // Plants, India, Asia, PV Power Plant, Zelestra
Qatar to fund renewable power in India
Green Energy, a clean power unit of Adani Group, is among major Indian renewable project developers. At the beginning of the current month, AGE
Dec 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, India, Asia, Qatar, LONGi, Adani Green Energy
How China Ensured 55 GW Of Rooftop Solar In 2022
solar sector thrived in India with an addition of about 14 GW in the year 2022. Even so, it disappointed its 2022 solar target of an advancing 100 GW
Feb 13, 2023 // Rooftop PV, China, Asia, rooftop solar, RTS programme, Whole-County Rooftop Solar policy
The Renewable Resource Shift is Lastly Involving Asia: IEEFA
is nonetheless on the cusp of a significant pivot. Current growths throughout India, China, Japan, South Korea, Vietnam and also Taiwan highlight the capacity for
May 18, 2020 // Markets & Finance News, India, Asia, energy transition, IEEFA, Renewable Energy
BP targets Indian renewables with US$ 70m growth fund financial investment
to scale up commercially feasible, reduced carbon energy solutions throughout India.
GGEF has a target of increasing US$ 700 million, simply under fifty percent
Jul 8, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, India, Lightsource BP, Asia, investment, finance, bp, Dev Sanyal, eversource capital, Dhanpal Jhaveri, Sashi Mukundan






