PM discusses India’s renewable energy scenario with First Solar CEO
POWER & RENEWABLE ENERGY

PM discusses India’s renewable energy scenario with First Solar CEO

On Thursday, PM Narendra Modi had discussed India's renewable energy landscape with the CEO of First Solar, Mark Widmar, to invest in the country's renewable market.

Currently, India has the world's fastest-growing renewable energy programme. It has expanded its access to clean cooking fuel and covered over 80 million houses, making it one of the largest clean energy drives worldwide.

Modi tweeted that solar power is close to his heart because it concerns the future of our planet. Welcoming Widmar, CEO of First Solar, discussed why India is the right place to invest in solar power and also talked about the country's green hydrogen mission.

Previously, PM Narendra Modi with the Ministry of External Affairs had discussed India's renewable energy landscape with Mark Widmar.

Further, Widmar shared the company's plan to use the government of India's production linked incentive (PLI) scheme for manufacturing solar equipment using thin-film technology and integrating India into the global supply chain.

The PLI scheme worth Rs 4,500 crore for solar photovoltaic (PV) modules will help India to boost its domestic manufacturing capacity. The scheme aims to add 10 GW integrated solar PV manufacturing plants.

In February, PM Modi invited global companies to take benefit from the PLI schemes and expand their manufacturing capacity in the country.

According to the sources, PM Modi referred to India's target of 450 GW renewable energy capacity. He also focused on India's solar power manufacturing and said that the solar firms associated with it could take advantage of the PLI schemes.

Mark Widmar praised India's climatic change policies and related industries. He said that all countries should follow what India has done in climate change, sources said.

Sources said that both PM Narendra Modi and Mark Widmar agreed on the expansion of solar panel manufacturing in India, saying that the initiative will also benefit the countries in the region.

Image Source


Also read: Adani Group, RIL and 17 other companies bid for making solar modules

Also read: India records 53% increase in rooftop solar installations in Q2 FY21

On Thursday, PM Narendra Modi had discussed India's renewable energy landscape with the CEO of First Solar, Mark Widmar, to invest in the country's renewable market. Currently, India has the world's fastest-growing renewable energy programme. It has expanded its access to clean cooking fuel and covered over 80 million houses, making it one of the largest clean energy drives worldwide. Modi tweeted that solar power is close to his heart because it concerns the future of our planet. Welcoming Widmar, CEO of First Solar, discussed why India is the right place to invest in solar power and also talked about the country's green hydrogen mission. Previously, PM Narendra Modi with the Ministry of External Affairs had discussed India's renewable energy landscape with Mark Widmar. Further, Widmar shared the company's plan to use the government of India's production linked incentive (PLI) scheme for manufacturing solar equipment using thin-film technology and integrating India into the global supply chain. The PLI scheme worth Rs 4,500 crore for solar photovoltaic (PV) modules will help India to boost its domestic manufacturing capacity. The scheme aims to add 10 GW integrated solar PV manufacturing plants. In February, PM Modi invited global companies to take benefit from the PLI schemes and expand their manufacturing capacity in the country. According to the sources, PM Modi referred to India's target of 450 GW renewable energy capacity. He also focused on India's solar power manufacturing and said that the solar firms associated with it could take advantage of the PLI schemes. Mark Widmar praised India's climatic change policies and related industries. He said that all countries should follow what India has done in climate change, sources said. Sources said that both PM Narendra Modi and Mark Widmar agreed on the expansion of solar panel manufacturing in India, saying that the initiative will also benefit the countries in the region. Image SourceAlso read: Adani Group, RIL and 17 other companies bid for making solar modules Also read: India records 53% increase in rooftop solar installations in Q2 FY21

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement