Solar energy

Financial News

Union Budget 2024 : 60% Subsidy on Residential Rooftop Solar Systems, Ensuring Free Electricity for 10 Million Households.

Residential Rooftop Solar Systems Introduction : In a groundbreaking move announced in the Union Budget 2024, the Indian government, under the leadership of Union Minister for Power and New & Renewable Energy R K Singh, revealed an ambitious plan to increase the subsidy on residential rooftop solar systems to 60%. This initiative aims to make […]

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Financial News

Pradhanmantri Suryodaya Yojana : Catalyzing India’s Solar Revolution.

Pradhanmantri Suryodaya Yojana Introduction: India’s residential sector holds immense untapped potential for rooftop solar energy, boasting a capacity of at least 637 GW. Despite this, the current installed capacity remains a fraction of this potential, signifying a substantial opportunity for growth. The Pradhanmantri Suryodaya Yojana (PMSY) emerges as a pivotal initiative poised to transform the […]

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