India Achieves Historic Milestone in Renewable Energy Growth in FY 2024-25

02 Apr 2025 CW Team

India has achieved a significant milestone in its renewable energy transition, adding 25 GW of capacity in FY 2024-25, a 35 percent rise from the previous year’s 18.57 GW. This growth aligns with Prime Minister Narendra Modi’s vision for a sustainable and self-sufficient energy future. The solar power sector has played a pivotal role in this achievement, with capacity additions increasing from 15 GW in FY24 to 21 GW in FY25, marking a 38 percent surge. The country also surpassed 100 GW of total installed solar capacity for the first time.

Domestic solar manufacturing has seen remarkable growth under the Atmanirbhar Bharat initiative. Solar module production capacity nearly doubled from 38 GW in March 2024 to 74 GW in March 2025, while solar PV cell manufacturing capacity tripled from 9 GW to 25 GW. India also saw the commencement of its first 2 GW ingot-wafer manufacturing facility. Under the Production Linked Incentive Scheme for High-Efficiency Solar PV Modules, investments worth Rs.41,000 crore have been made, creating direct jobs for approximately 11,650 individuals.

Equipment

12 Dec 2025

Escorts Kubota Unveils BS V Next-gen Construction Range at Excon 2025

Escorts Kubota (EKL), one of India’s major engineering groups in the agricultural and construction equipment sectors, unveiled its latest BS V–compliant construction machinery line-up at Excon 2025. The refreshed portfolio underscores the company’s push toward application-driven, high-productivity solutions that reduce ownership costs and meet the needs of India’s expanding infrastructure landscape. With demand rising across urban development, industrial logistics and mining, the new range aims to deliver higher performance, durability and operator comfort.In the earthmoving segment, E..

ACE and Kotak Mahindra Bank Join Hands to Boost Backhoe Loader Financing

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Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..