India

India government-owned NTPC Renewable Energy has been given approval by India's Ministry of New as well as Renewable Energy (MNRE) to construct a 4.75 GW solar project in Gujarat, India.

GoodWe received an order of 5,000 of the residential inverters from Krannich Solar.

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.

US-based wafer manufacturer 1366 Technologies has merged with Hunt Perovskite Technologies (HPT), with the combined firm preparing to offer market tandem modules.

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.

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.

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.

Solar wafer supplier 1366 Technologies is proactively checking out manufacturing opportunities in India, looking for a local companion.

Finnish utility Fortum has secured a deal to unload two solar projects in India totalling 500MW of capability to private equity firm Actis.

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.

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.

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.

EQT framework has actually announced a takeover bid for Solarpack, which possesses around 450MW of functional solar PV projects.

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.

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.