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Icra

India
India on Track to Hit 132 GW of Solar by 2026, Says ICRA
ICRA, an Indian credit rating agency, said India’s renewable energy capacity could rise to 250 GW by March 2026, up from 201 GW in September 2024. This gr…
Photovoltaic （PV）
India's Installed PV Capacity Expected to Hit 104 GW by March 2025
Currently, India has an installed solar power of around 73 GW, according to ICRA. New solar capacity additions in fiscal year 2024 and fiscal year 2025 are esti…
Solar Company
Strong Demand Outlook for Domestic Solar OEMs: ICRA
Many of the domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities und…
Energy Taxation
Basic Customs Duty Expected to Increase Solar bid Tariffs by up to 50 Paise per Unit: ICRA
Basic customs duty of 25 per cent and 40% on imported solar cells and modules, respectively, is likely to result in an increase in solar tariffs.
Market Analysis
ICRA Revises The Power Sector Outlook from Stable to Negative
According to ICRA Research, the all India electricity demand growth declined to 1.2 per cent in 8M FY2020 on a year-on-year basis (YoY) against the 6.4 per cent…