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More RWAs may find their place in the Sun as govt looks to scale rooftop solar installations
As part of a nationwide strategy to enhance rooftop solar energy deployment, resident welfare associations are emerging as crucial allies for the government. The PM Surya Ghar Muft Bijli Yojana is specifically designed to cater to apartment complexes and cooperative housing societies, unlocking renewable energy avenues in urban locales where individual roof spaces are limited.
Headline: HVR Solar to commission 1.2 GW module manufacturing plant in Sonipat this June 2026
HVR Solar is set to launch a 1.2 GW solar module manufacturing facility near Murthal, Sonipat, in June 2026, bolstering India's renewable energy sector. The advanced plant will produce high-efficiency modules, including HJT and TOPCon, creating over 500 jobs and reinforcing the 'Make in India' initiative.
Vikran Engineering acquires 51% stake in NOPL Solar Projects
The acquisition is in line with the Company's strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.
Vodafone Idea to buy 26% in renewable energy unit for captive power utilisation
Vodafone Idea will invest ₹4.33 crore to acquire a 26% stake in MTK Quantum Green Energy as part of its strategy to source renewable energy for captive consumption. The green energy SPV is setting up a solar power plant in Tamil Nadu.
India needs $10-15 billion worth land parcels in five years to set up solar, wind energy projects: Colliers
India needs substantial land for renewable energy expansion. By 2030, approximately 7 lakh acres will be required for solar and wind projects. This land acquisition is estimated to cost between USD 10 to 15 billion. The country is set to significantly increase its renewable energy capacity, driving investment and development across various sectors.
India solar industry seeks higher power prices amid record demand
India's solar industry is urging the power market regulator to raise electricity price limits on exchanges. Companies say the current cap hinders profitability and investment, especially with demand soaring due to heat waves. Peak power demand has hit record highs recently. The industry group argues the cap prevents them from recovering losses during low demand periods.
Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets
While valuations across several utilities have rerated sharply and now trade above historical averages, the sector's structural growth drivers continue to support a favourable long-term outlook
Inox Clean Energy powers into top three with Rs 25k-cr buys, says company official
"We have made nine acquisitions in the past nine months. These investments are worth Rs 25,000 crore," said Devansh Jain, executive director of INOXGFL, an umbrella entity that houses varied businesses across industrial chemicals, renewable energy generation, solar and wind equipment manufacturing and operations and maintenance of wind farms.
MoF approves scheme for floating solar battery storage
India is set to boost renewable energy with a new ₹5,500 crore floating solar battery storage scheme. The finance ministry's expenditure finance committee has approved the plan. This initiative aims to encourage states to install floating solar panels. It will help reduce reliance on fossil fuel imports. The scheme will be sent to the cabinet for final approval soon.
JSW Energy commissions 250 MW renewable energy capacity
JSW Energy has successfully commissioned ~250 MW of renewable energy capacity (130 MW of Wind, 69.4 MW of Solar and 50 MW of Tidong Hydro Plant) since April'26. With this, the total installed capacity stands at 13.7 GW.
ReNew Energy earnings in focus: Can India solar giant sustain momentum? - Investing.com India
ReNew Energy earnings in focus: Can India solar giant sustain momentum?Investing.com India
US SEC’s settlement with Gautam Adani does not end Justice Department’s criminal investigation
The SEC's civil case settlement against the Adani family does not shield them from criminal liability in a separate DoJ investigation. The Adanis face significant fines while denying allegations of bribery and securities fraud linked to solar-energy contracts.