Survey highlights cost and skill challenges in India’s solar energy adoption
Author: PPD Team Date: November 12, 2024
Author: PPD Team Date: November 12, 2024
A recent survey, “Solar Spectrum of New India,” by Luminous Power Technologies, reveals rising consumer interest in solar energy in India, yet highlights affordability and skilled labour as key barriers.
The survey indicates that 52% of respondents would consider solar power with better financing options, while 92% see installation costs as a primary deterrent. Despite 76% of participants noting easy access to solar technologies, high costs remain a hurdle, especially in price-sensitive areas.
Regional insights show tier 1 and 2 cities like Jaipur and Bengaluru leading in solar awareness and adoption, with Jaipur achieving 79.71% awareness, while Hyderabad lags at 6.58%. Cities such as Ahmedabad, Kochi, and Bengaluru report concerns over skilled labour, with 40% of Ahmedabad respondents citing a shortage of specialized training programs, and 63.3% noting a lack of career awareness in solar.
Luminous CEO Preeti Bajaj emphasized the need to improve financing schemes and skill development programs to support solar growth. Luminous is committed to making solar energy affordable and accessible across India by collaborating with industry partners to bridge these gaps.
Author: PPD Team Date: November 22, 2024 Tata Power has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) during COP29 in Baku, Azerbaijan. The partnership will evaluate financing for strategic projects aimed at enhancing India’s power infrastructure and promoting renewable energy. The MoU includes projects such as a 966 MW solar-wind hybrid system, pumped hydro storage, energy transition initiatives, decarbonization, and battery storage, alongside ongoing investments to modernize Tata Power’s distribution…
Author: PPD Team Date: May 21, 2025 The Ministry of New and Renewable Energy (MNRE) has clarified that net billing, virtual net metering, and group net metering will be treated at par with net metering under the Approved List of Models and Manufacturers (ALMM) List-II. Currently, ALMM List-II covers only solar modules. However, starting June 2026, it will also include solar cells. In its clarification, MNRE stated that virtual and group net metering involve either…
Author: PPD Team Date: February 11, 2025 Tata Power Delhi Distribution Ltd (Tata Power-DDL), the distribution arm of Tata Power in the National Capital, has been ranked among the top 10 power utilities worldwide in the Smart Grid Index 2024. The Smart Grid Index, developed by Singapore Power Group (SP Group), measures the “smartness” of electricity grids globally. This year, the study covered 92 utilities in 36 countries, identifying best practices and fostering knowledge-sharing to…
Author: PPD Team Date: May 1, 2025 Adani Green Energy has announced that its independent review into the US indictment of its founder and senior executives has found no evidence of non-compliance or irregularities. In a filing to the stock exchange, the company stated that it had appointed independent law firms to conduct a thorough review of the allegations. This review aimed to assess whether there were any non-compliances related to the case. The result…
Author: PPD Team Date: October 6, 2025 Insolation Energy’s subsidiary, Insolation Green Energy Pvt. Ltd., has incorporated sixteen special purpose vehicles (SPVs) over two phases to support renewable energy initiatives. On September 30, 2025, eleven entities were formed: DVJG Green Infra Pvt. Ltd., GDRV Green Infra Pvt. Ltd., GNJM Green Infra Pvt. Ltd., GVHJ Green Infra Pvt. Ltd., HPJG Green Infra Pvt. Ltd., PDJN Green Infra Pvt. Ltd., EGHR Green Infra Pvt. Ltd., JENP Green…
Author: PPD Team Date: March 10, 2025 India’s renewable energy sector is grappling with execution challenges despite issuing a record 73 GW of utility-scale renewable energy tenders in 2024. According to a report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics, weak demand for tenders, project cancellations, and delays in power sale agreements (PSAs) could slow progress toward India’s goal of 500 GW of non-fossil power capacity by…