Karnataka Nearing Peer-to-Peer Solar Power Revolution

01 Feb 2024 CW Team

Karnataka is on the brink of pioneering a game-changing initiative in the energy sector, as the concept of peer-to-peer solar power trade gains momentum. This innovative approach allows individual consumers and businesses to directly buy and sell excess solar energy amongst themselves, fostering a community-driven and sustainable energy ecosystem.

The key players involved include local solar power producers, consumers, and regulatory bodies, collaborating to create a framework that enables seamless energy transactions. This marks a significant departure from the traditional centralized energy distribution model, opening new avenues for renewable energy enthusiasts and environmentally conscious consumers.

The move towards peer-to-peer solar power trading aligns with Karnataka's commitment to reducing carbon emissions and promoting clean energy practices. The potential benefits extend to both rural and urban areas, offering a reliable source of income for small-scale solar producers while empowering consumers to actively participate in the green energy movement.

As stakeholders eagerly await the official implementation, this forward-thinking initiative positions Karnataka at the forefront of sustainable energy solutions, setting a precedent for other regions to follow suit.

Real Estate

14 Aug 2025

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..