India

Asia Pacific PV ability to triple by 2030 as China leads development, claims Wood Mackenzie
Solar PV capacity in Asia Pacific might triple to 1,500 GW by 2030, with China driving deployment and Indonesia readied to be the area's fastest-growing market, according to Wood Mackenzie.
Jul 14, 2021 // Plants, Markets & Finance News, Japan, India, Wood Mackenzie, China, Australia, Asia, Oceania, Indonesia, Vietnam, Asia Pacific
1366 Technologies as well as Hunt Perovskite merge, secure US$ 25m in funding
US-based wafer manufacturer 1366 Technologies has merged with Hunt Perovskite Technologies (HPT), with the combined firm preparing to offer market tandem modules.
Jun 29, 2021 // Manufacturing News, USA, India, First Solar, Asia, wafers, North America, perovskites, 1366 Technologies, breakthrough energy ventures, CubicPV, direct wafer
Indian firms commit to expanding manufacturing capabilities, decreasing import dependence
Module and also cell makers in India will expand their manufacturing abilities by 13.75 GW for modules and also 6.9 GW for solar cells, according to research by JMK Research and Analytics.
Jun 29, 2021 // Manufacturing News, India, Asia, PLI, BCD
India's Reliance intends to enable at the very least 100GW of solar through new renewables push
Indian corporation Reliance Industries will create an incorporated PV module factory as well as look to enable greater than 100GW of solar by 2030 as part of a US$ 10.1 billion clean power strategy.
Jun 26, 2021 // Manufacturing News, ENERGY STORAGE, India, Asia, green hydrogen, energy transition, module manufacturing, reliance group, Reliance Industries
New-build solar less costly still, but short-term spot could be really felt in H2 2021-- BloombergNEF
The expense of structure and also operating brand-new utility-scale PV is now less expensive than running existing coal plants in China, India as well as throughout much of Europe. Yet, rising asset rates can see PV projects come to be momentarily much more expensive in the 2nd fifty percent of 2021, according to BloombergNEF analysis.
Jun 25, 2021 // Markets & Finance News, BNEF, India, China, LCOE, Asia, BloombergNEF
1366 Technologies to spend US$ 300 million in solar manufacturing in India, looking for regional companion
Solar wafer supplier 1366 Technologies is proactively checking out manufacturing opportunities in India, looking for a local companion.
Jun 24, 2021 // Manufacturing News, Markets & Finance News, India, Asia, wafers, 1366 Technologies, breakthrough energy ventures, production-linked incentive
Finland's Fortum to divest 500MW of Indian solar possessions to Actis
Finnish utility Fortum has secured a deal to unload two solar projects in India totalling 500MW of capability to private equity firm Actis.
Jun 23, 2021 // Plants, Markets & Finance News, India, Asia, Actis, Rajasthan, Fortum, karnataka, utility, project acquisition
PTT's Power Arm To Invest $635 Million In Renewable Energy Across Asia
Global Power Synergy, the power device of Thailand's state-owned oil and gas group PTT, will certainly spend 20 billion baht matching to USD 635 million, in renewable energy properties across Asia consisting of India as well as China.
Jun 22, 2021 // Markets & Finance News, India, China, Thailand, Asia, Global Power Synergy, PTT Group
ACME Indications Deal With Brookfield Renewable for 450MW Solar Project
One of the biggest solar power developers in India, ACME Solar Holdings Ltd. has actually revealed authorizing a take care of Brookfield Renewable, an owner and also operator of renewable assets, for a 450 MW solar energy project in Rajasthan, India.
Jun 22, 2021 // Plants, India, SECI, Asia, Rajasthan, MSEDCL, Solar Project, Brookfield Renewable, ACME Solar Holdings
Denmark provides sponsorship to 250-MW solar project in India
A 250-MW photovoltaic or pv (PV) project created by Acme Solar in the Indian state of Rajasthan will obtain the financial backing of Danish state-owned fund IFU as well as UNOPS, a United Nations (UN) organisation.
Jun 17, 2021 // Markets & Finance News, India, Europe, Asia, Denmark, Solar Project
EQT acquires controlling stake in Solarpack, eyes full requisition
EQT framework has actually announced a takeover bid for Solarpack, which possesses around 450MW of functional solar PV projects.
Jun 17, 2021 // Markets & Finance News, Spain, Sweden, India, Chile, South america, Europe, Asia, Solarpack, acquisition, eqt, shareholders
Sungrow Allies With UCC for Distribution In Bangladesh
Leading global inverter solution supplier, Sungrow has today announced its partnership with United Computer Center (UCC) to enhance the business's circulation networks for commercial & commercial, property inverters in Bangladesh.
Jun 16, 2021 // Markets & Finance News, Sungrow, India, Inverters, Bangladesh, Asia, United Computer Center, RafiIbn Hussine
Azure Power reports fall in cost per released megawatt but still slips to loss
Azure Power Global saw its price of deploying solar fall by almost 19% last year, however the company still recorded a net loss of US$ 38.1 million in the quarter finishing 31 March 2021 regardless of a year-on-year boost in earnings.
Jun 16, 2021 // Markets & Finance News, India, SECI, Asia, Azure Power
West Bengal obtains 5.4 MW Floating Solar With Sagardighi Project
West Bengal obtained the very first of what its hopes will be several floating solar plants, with the appointing of the 5.4 MW Sagardighi plant by Ciel et Terre. PSU Engineering significant Bharat Heavy Electricals Limited (BHEL) was the EPC companion for the project.
Jun 11, 2021 // Plants, Floating PV, India, floating PV, Asia, bhel, ciel et terre, WBPDCL
Keventer Agro Claims Solid Efficiency For Its Roof Solar Plant
Kolkata based food and dairy products major, Keventer Agro, which retails costs dairy items, reports a strong performance from its roof solar plant, among the largest in East India.
Jun 7, 2021 // Rooftop PV, India, Asia, rooftop solar, Vikram Solar, Keventer Agro, mayank jalan, solar offset