In Short : Maharashtra State Electricity Distribution Company Limited (MSEDCL) plans to increase the share of renewable energy in its power procurement mix to 52% within the next five years. CMD Lokesh Chandra highlighted the utility’s strategy to expand solar, wind, and green energy sourcing to meet sustainability goals, reduce carbon emissions, and support Maharashtra’s […]
🌞 Solar Panel Prices Are Rising: What’s Driving the Increase & What It Means for India and the World – EQ
Solar energy has been the global poster child for low-cost, scalable renewable power — but 2025–2026 marks a turning point: solar panel and equipment prices are no longer declining as they have for years. In fact, recent industry data shows prices are heading upward — and China’s policy shifts are at the center of this […]
ReNew Announces Results for the Third Quarter of Fiscal Year 2025 (Q3 FY25); Registers 26% Increase in Operating Capacity – EQ
In Short : ReNew Energy Global reported a 25.5% year-over-year rise in commissioned capacity, reaching 10.7 GW by December 31, 2024. Q3 FY25 revenue increased 10% to ₹2,119.8 crore, while net loss widened to ₹387.9 crore. The company also received a non-binding acquisition offer from a consortium including CPP Investments and ADIA, signaling potential future […]
Green energy budget may increase by at least Rs 10,000 crore – EQ
In Short : India’s FY 2025-26 budget may increase the renewable energy allocation by ₹10,000 crore, reaching ₹30,000 crore. The boost supports initiatives like the PM Surya Ghar scheme for 5 million rooftop solar systems by March 2026, alongside funding for the Green Energy Corridors and National Green Hydrogen Mission, reinforcing India’s green energy ambitions. […]