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MSEDCL to solarize villages across Maharashtra 

India, News

The Maharashtra State Electricity Distribution Company (MSEDCL) has unveiled an ambitious plan to provide up to 100% solar-powered electricity to two villages in each district within the next two months.   Manyachiwadi in Patan Taluka, Satara district, will be the first village to benefit, becoming a ‘solar village’ with maximum solar-powered electricity. Over 70 other villages across Maharashtra will follow, with a focus on rooftop solar power generation. The government will offer subsidies to help residents…

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Himachal Pradesh advances green energy projects in Spiti

India, News

Himachal Pradesh is pushing forward with green energy initiatives in Spiti and Una to address climate change. A major project is the upcoming 1,000 MW hybrid solar and wind energy Mega Solar Park in Spiti, Lahaul-Spiti. Chief Minister Sukhvinder Sukhu has called for central assistance through the Green Corridor Transmission to fully leverage the state’s renewable energy potential, which is vital for mitigating global warming. In the Una district, the 32 MW Pekhubela Solar Power…

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Pivot Energy partners with Microsoft to develop 500 MW of community-scale solar projects

Global, News

Pivot Energy has signed a five-year agreement with Microsoft to develop up to 500 MW of community-scale solar energy projects across the U.S. between 2025 and 2029. This partnership, Pivot’s largest renewable energy credit (REC) agreement, marks Microsoft’s first significant venture into distributed generation portfolios as part of its goal to reduce Scope 3 emissions by more than half by 2030. The agreement will lead to the development of around 150 solar projects in 100…

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Maharashtra to boost solar capacity by 9,200 MW within 14 months

India, News

Maharashtra plans to increase its solar energy capacity by 9,200 MW, raising its total from 3,600 MW to 12,800 MW within the next 14 months. State Power Minister Devendra Fadnavis announced the work orders under the Mukhyamantri Saur Krushi Vahini Yojana-2.0, India’s first solarization project for agricultural pumps. The initiative aims to halve power costs for agricultural pumps, reduce cross-subsidy burdens, lower tariffs for industrial and commercial users, and cut government subsidy expenses by about…

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Maharashtra’s PM Surya Ghar Muft Bijli Yojana achieves 100 MW rooftop solar capacity

India, News

The PM Surya Ghar Muft Bijli Yojana has successfully surpassed 100 MW of rooftop solar (RTS) power generation capacity in Maharashtra. Under this initiative, 25,086 customers have installed 101.18 MW RTS power plants, leveraging the program’s incentives. The Maharashtra State Electricity Distribution Company (MahaVitaran) oversees the implementation of the scheme. Launched in February, the initiative offers a maximum subsidy of Rs 78,000 for a 3 kW plant, funded by the Central government. A direct payment…

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EuroGroup to acquire 40% stake in India’s Kumar Precision Stampings

India, News

Italian electric motor component maker EuroGroup Laminations (EGLA) is set to acquire a 40% stake in India’s Kumar Precision Stampings.   Milan-based EGLA specializes in stators and rotors, key components of electric motors and generators, supplying major automotive and industrial manufacturers, including Volkswagen, Renault, Ford, GM, and a major undisclosed U.S.-based EV maker. EGLA will invest EUR 19.9 million for the stake in Kumar, which also produces stators and rotors for various industrial applications, facilitating EGLA’s…

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