Indian startup sees industrial solar demand as path to growth

Rajesh Kumar Singh / Bloomberg08-17 09:20

Clean energy demand from the commercial and industrial sector in India is set to rise at least 15% annually through the next decade as companies seek to reduce their energy costs and curb emissions.(...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2660443739?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-17 09:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2660443739","market":"hk","top_or_hot":-1,"title":"Indian startup sees industrial solar demand as path to growth","media":"Rajesh Kumar Singh / Bloomberg","content":"<div>\n<p>Clean energy demand from the commercial and industrial sector in India is set to rise at least 15% annually through the next decade as companies seek to reduce their energy costs and curb emissions.(...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/energy/indian-startup-sees-industrial-solar-demand-path-growth?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Indian startup sees industrial solar demand as path to growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndian startup sees industrial solar demand as path to growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-17 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/energy/indian-startup-sees-industrial-solar-demand-path-growth?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Rajesh Kumar Singh / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Clean energy demand from the commercial and industrial sector in India is set to rise at least 15% annually through the next decade as companies seek to reduce their energy costs and curb emissions.(...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/energy/indian-startup-sees-industrial-solar-demand-path-growth?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CTEX","symbol_name":"ProShares S&P Kensho Cleantech ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/energy/indian-startup-sees-industrial-solar-demand-path-growth?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2660443739","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/energy/indian-startup-sees-industrial-solar-demand-path-growth?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2660443739","pubTimestamp":1786929650,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Clean energy demand from the commercial and industrial sector in India is set to rise at least 15% annually through the next decade as companies seek to reduce their energy costs and curb emissions.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CTEX":"ProShares S&P Kensho Cleantech ETF","FRNW":"Fidelity Clean Energy ETF"},"translate_title":"印度初创公司将工业太阳能需求视为增长之路","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CTEX":1.5,"FRNW":1.5},"content_text":"Clean energy demand from the commercial and industrial sector in India is set to rise at least 15% annually through the next decade as companies seek to reduce their energy costs and curb emissions.(Aug 17): Clean energy demand from the commercial and industrial sector in India is set to rise at least 15% annually through the next decade as companies seek to reduce their energy costs and curb emissions, according to Mayur Misra, CEO of Corrit Energy & Infra.\nThe Indian startup is counting on the growing appetite for industrial decarbonisation to expand its business, which involves setting up solar plants for companies to help them cut emissions.\nManufacturing plants and other large users, such as hotels and offices, account for almost half of India's electricity use and decarbonising their energy consumption is key to meeting New Delhi's target to reduce the carbon intensity of its economy, one of the nation's climate goals.\nCurrently, renewable energy accounts for barely a quarter of the sector's power demand, far short of what it must deliver to meet its decarbonisation commitments, New Delhi-based think tank the Council on Energy, Environment and Water, said in a May report.\nIndia's power ministry asked industries using captive energy to increase the share of clean power in their mix to around 43% by 2030, from a goal of nearly 30% in 2025.\n\"We are past the times when we had to argue the case for solar. Companies now consider it a mandatory part of their infrastructure,\" Misra said.\nCorrit, based on the outskirts of New Delhi, currently has 250 megawatts of projects in execution and plans to raise annual installations to at least half a gigawatt by next year, aiming to build 2.5 gigawatts of projects by 2030, Misra said.\nUploaded by Arion Yeow","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2660443739","isCrawlerRequest":true}