In Short : In Kerala, more than 1,000 homes have installed sophisticated rooftop solar systems, which have allowed them to cut their electricity costs by almost half and have a steady supply of electricity even during blackouts.
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In Short : Kerala’s proposed rooftop solar energy regulations could deter adoption by increasing consumer costs and creating additional procedural obstacles.
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In Short : India is well-positioned to meet its 43 GW year-end goal after installing 30 GW of renewable energy capacity in the first eight months of 2025. With this milestone, India is on track to add the most renewable capacity annually ever.
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In Short : India’s solar industry now has an opportunity to grow and compete globally as a result of the US decision to slap tariffs on Chinese solar equipment. Indian companies are catching up with the growing demand for non-Chinese substitutes.
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In Short : The Goods and Services Tax (GST) on solar cells was reduced by the Indian government from 12% to 5%. This change is expected to drastically reduce project development costs in the renewable energy industry.
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In Short : For 192 crore, Waaree Energies, one of the top producers of solar modules in India, purchased a 64 percent share in Kotsons Private Ltd. With this calculated move, Waaree enters the transformer market, extending its reach throughout the value chain for renewable energy.
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In Short : An industry leader in renewable energy has signed contracts for 189.1 MWp of solar projects, adding to its operations and maintenance (O&M) portfolio. The company’s 3,100 MW order book is strengthened by this acquisition, which reflects strong demand and enduring client confidence.
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In Short : Cosmic PV has big aspirations for Battery Energy Storage Systems (BESS) and is expanding its solar cell production line. Simultaneously, the business is getting ready for its impending IPO, indicating a strong drive to expand operations and gain a bigger portion of the renewable energy industry in India.
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In Short : The international brokerage firm Nomura has begun covering Waaree Energies, emphasizing the company’s robust market position in India’s renewable energy industry. According to the firm, strong demand for solar modules and favorable legislative changes might lead to an upside of up to 16%.
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In Short : Recent GST amendments on renewable energy equipment by the Indian government are expected to reduce project costs, hasten the adoption of clean energy, and fortify the nation’s domestic manufacturing sector.
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