Solar Tech 2026 brings policymakers, industry leaders and businesses together to examine the economics of energy self-sufficiency, solar storage and Goa’s evolving policy landscape.
~ Goa Businesses Face December 31 2026, Window as Solar Moves Up the Energy AgendaPanaji, August 2026 — For Goa’s commercial and industrial businesses considering solar, December 31, 2026 could be an important date. The current policy window offers a limited opportunity to improve the economics of going solar, even as the state’s new solar policy and rising emphasis on energy independence push businesses to rethink how they source and manage power.
The issue was at the heart of Solar Tech 2026, organised recently by Sun360, a leading Goa-based solar energy company in Panaji, which brought together policymakers, energy experts, technology companies and businesses with experience in solar to examine the changing energy landscape.
The event placed the business case for renewable energy alongside policy and technology developments, with discussions focused on how commercial and industrial consumers can reduce energy costs while building greater resilience and independence.
Present at the inaugural ceremony was Aleixo Reginaldo Lourenco, Chairman, Goa Industrial Development Corporation, and Sanjeev Joglekar, Member Secretary, Goa Energy Development Agency (GEDA) and Anish Sousa Founder and CEO, Sun 360 alongside industry and technology experts.
Lourenco, in his address, spoke about Goa’s potential as an investment and manufacturing destination and the opportunity for commercial and industrial consumers to increase the state’s solar capacity while improving competitiveness and reducing energy costs without compromising their core operations.
Aleixo Reginaldo Lourenco, Chairman, GIDC said, “Goa offers excellent opportunities for solar energy which are both cost – effective and sustainable in the long run for both industries and individuals. We urge stakeholders across industries, education, citizens and the common man to come forward and avail of these opportunities and subsidies being offered.”
Joglekar outlined GEDA’s initiatives under the Goa State Solar Policy 2026, including schemes and incentives aimed at encouraging solar adoption across residential, educational, commercial and industrial establishments. He urged businesses to take advantage of the MNRE 31st December window to reduce their capital expenditure. The discussion highlighted the role of businesses in contributing to Goa’s renewable energy targets while reducing their dependence on conventional power.
Sanjeev Joglekar, Member Secretary, Goa Energy Development Agency (GEDA) said, “Goa has set itself a target to achieve 100 percent renewable energy usage across all sectors by the year 2050. Presently we are trailing despite the fact that the emissions in Goa are 3 percent of the national average and also that we do not generate our own electricity. Goa offers excellent subsidies to industry and individuals compared to other states. We need to collective more with momentum towards achieving the targets set for 2050.”
The event also drew on Sun360’s experience of installing 20 MW of solar plants across Goa over the past eight years, spanning residential, industrial and commercial projects. Anish Sousa, Founder & Director, Sun360, addressed the business case for greater energy self-sufficiency, covering solar economics, operating costs, solar and DG integration, battery storage and real-world projects across manufacturing, hospitality and commercial establishments.
Anish Sousa, Founder & Director, Sun360 said, “As business owners we don’t have control over factors influenced by geo-political developments which can impact supply of energy sources. We do however have the ability to control how we can safeguard our businesses from such factors. From buying solar in a smarter manner to being mindful of purchasing expensive backup, industry in Goa has several options to opt for. Installation of solar can also be financed through green financing
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