China’s decision to phase out export subsidies on solar products could mark a turning point for India’s renewable energy manufacturing sector. The move, announced earlier this month, is expected to narrow the cost gap between Chinese and Indian solar equipment, potentially opening global export opportunities for Indian firms. From April…
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India Achieves Record 266 GW Clean Energy Capacity in 2025
India achieved a record-breaking milestone in its clean energy journey in 2025, with the country’s non-fossil fuel installed capacity reaching 266.78 GW. This represents a remarkable 22.6% growth over 2024 levels, according to Union Minister of New and Renewable Energy, Shri Pralhad Joshi. During the year, India added 49.12 GW…
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IREDA Gets Fifth Straight ‘Excellent’ MNRE Rating
The Indian Renewable Energy Development Agency (IREDA) has once again demonstrated its strong institutional performance by securing an ‘Excellent’ rating in its Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the financial year 2024–25. This marks the fifth consecutive year that IREDA has achieved…
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MNRE Pushes Calibrated Financing for Solar Growth
The Ministry of New & Renewable Energy (MNRE) on Sunday urged financial institutions to adopt a calibrated, well-informed approach while evaluating finance proposals across the solar photovoltaic (PV) manufacturing ecosystem. The ministry clarified that it has not issued any advisory directing lenders to pause or halt fresh renewable energy financing,…
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Vice-President Urges Global Push for Indian Coir
The Vice-President of India, Shri C.P. Radhakrishnan, today urged exporters and industry stakeholders to transform India’s coir industry into a globally recognized brand for sustainable living. Addressing the members of the Federation of Indian Coir Exporters’ Associations (FICEA) in Kollam, he called for a renewed focus on innovation, quality, and…