In Short : India’s solar sector boom is driving a surge in related services, with online searches for solar panel cleaning doubling and dealer searches soaring 173% in 2025. Rising installations across households and industries are fueling demand for maintenance and supply networks. This trend highlights growing awareness of efficient upkeep and expanding opportunities in […]
In Short : Electricity prices in the Indian Energy Exchange’s real-time market plunged to near zero due to surplus supply and weak demand. Heavy renewable generation, coupled with reduced industrial consumption, drove the dip. Experts said such fluctuations reflect India’s growing renewable share and market volatility, highlighting the need for better grid management and energy […]
In Short : Adani Green Energy has received a credit rating upgrade to ‘AA’ with a Stable outlook, backed by strong growth and improved financial stability. The company’s expanding renewable portfolio in solar and wind, along with consistent cash flows, has strengthened investor confidence. The upgrade reflects Adani Green’s pivotal role in India’s clean energy […]
In Short : SBI Capital has cautioned that India’s solar industry may face oversupply by 2027, as manufacturing capacity is set to exceed domestic demand. While government incentives have accelerated expansion, this imbalance could pressure prices and profitability. Experts highlight the need for export opportunities, policy alignment, and consistent demand growth to ensure long-term stability […]
In Short : India witnessed a major surge in clean energy investments in H1 2025, totaling $11.8 billion, with solar projects attracting nearly 77% of the inflows, a report revealed. The strong interest highlights investor confidence in India’s solar sector, supported by favorable policies, global capital, and the country’s ambitious renewable energy targets driving accelerated […]
In Short : CleanMax has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹5,200 crore IPO. The issue will comprise both fresh equity shares and an offer for sale. Funds raised will support debt repayment, capacity expansion, and strengthening its renewable energy portfolio. The IPO highlights CleanMax’s ambition to accelerate its leadership […]
In Short : India is stepping up efforts to strengthen cybersecurity in its power sector as digitalisation and smart grids expand. With rising threats of cyberattacks, the government is working on frameworks to safeguard critical power infrastructure. Experts stress that robust security measures, advanced monitoring, and skilled manpower are vital to protect India’s electricity networks […]
In Short : India’s PLI scheme has significantly boosted domestic solar manufacturing, achieving 18.5 GW of module production, 9.7 GW of solar cells, and 2.2 GW of ingot-wafer output. The initiative aims to reduce import dependence, strengthen the local solar supply chain, and support India’s renewable energy targets, driving growth, self-reliance, and sustainability in the […]
In Short : India’s transformer market is expected to exceed ₹40,000 crore by FY26, supported by strong investments in transmission and distribution infrastructure, a report said. Rising electricity demand, renewable energy integration, and grid modernization are driving the growth. Manufacturers are scaling up production and adopting advanced technologies to meet efficiency standards and evolving power […]
In Short : India’s power demand rose 2.4% in July to 154 billion units, driven by strong industrial activity, Crisil reported. Hydropower generation surged 36% due to heavy rainfall, while renewables grew 7.2%. Coal’s share in power generation fell to 63%. The average market price dropped 23% to ₹3.83/unit. Crisil projects 2.5–3.5% power demand growth […]