Union Minister for New and Renewable Energy, Shri Pralhad Joshi, emphasised that India’s energy transition is designed as a key driver for industrial growth, employment generation, and global competitiveness. Addressing the World Economic Forum (WEF) Annual Meeting 2026 in Davos, he underlined that the transformation of India’s clean energy sector…
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China Halts Solar Subsidies, India Set to Shine
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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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,…