Oriana Power to Illuminate Indian Complex
This solar park in Rajasthan will generate 10.5 million kWh of energy annually, enough to power the cement manufacturer's operations in the area. Learn more about this clean energy project.
Aug 29, 2023 // Plants, Large-Scale, Commercial, India, Asia, Oriana Power
ADB-Backed Solar Park Lights Up India's Commercial Users
ADB provides loan to India's Fourth Partner Energy to fund 25-MW solar park, increasing innovative renewable energy production to 50.7 GW/yr & reducing CO2 emissions by 41,700 tonnes/yr. India's open access renewable energy policy encourages international financing for decarbonisation.
Aug 28, 2023 // Plants, Commercial, Markets & Finance News, India, ADB, Asia, PV Power Plant
1.1 GW Solar Order For GCL SI in India
GCL SI secures 1.1GW of N-type high-efficiency solar modules for SAEL Industries Limited in India, one of the biggest PV module procurements in recent years. GCL SI's new N-type cell factory in China provides additional capacity to meet SAEL's ambitious 2GW annual installation goal.
Aug 23, 2023 // Manufacturing News, Markets & Finance News, India, Asia, solar module, GCL SI
Unlock Solar Potential With Growatt's MID 33-50KTL3-X2
Growatt unveils new MID 33-50KTL3-X2 inverter, designed to offer optimal energy conversion with efficiency of 98.8%, featuring 3/4 Maximum Power Point Trackers (MPPTs), 6/8 strings per inverter, and more. Reducing size and weight by 60%, the MID X2 series boosts DC/AC ratio and lower Levelized Cost of Energy (LCOE).
Aug 21, 2023 // Inverters, India, Asia, Growatt
Servotech Powers Up: Investing $36.2M in EV Charger Factory
Servotech Power Systems announces $36.2m investment to set up EV charger factory in Uttar Pradesh, India, generating up to 500 jobs and 10,000 EV DC Fast chargers per year.
Aug 14, 2023 // Markets & Finance News, Storage, India, Asia, Servotech Power Systems
SJVN Grabs 90 MW Floating Solar in Madhya Pradesh
SGEL has won the 90 MW floating solar project in Madhya Pradesh with an INR 3.79 ($0.046)/kWh tariff. The project is expected to generate 4,781 MUs over 25 years and will be commissioned within 21 months of signing the PPA. SJVN is the second firm to win the project.
Aug 11, 2023 // Plants, Floating PV, India, Asia, PV Power Plant, SGEL
NTPC Floats to Record Low: Wins 80MW Project at INR 3.80/kWh
NTPC Renewable Energy Limited wins 80 MW floating solar project in Madhya Pradesh with low cost of INR 3.80 kWh. MP government to bear cost of battery energy storage system of INR 30 million for sustainable, clean and affordable energy supply.
Aug 9, 2023 // Floating PV, India, NTPC, Asia, PV Power Plant
QIA Invests in India's Adani Green Energy
QIA acquires 2.5% stake in Adani Green Energy Ltd. for INR 39 billion, through its subsidiary INQ Holding LLC. Adani Green has 8.1 GW of capacity in its operational fleet with a goal to reach 45 GW by 2022.
Aug 8, 2023 // Markets & Finance News, India, Asia, Adani Green Energy, QIA
ReNew, Gentari Forge 5GW Renewables JV in India
ReNew Power Pvt Ltd and Gentari Sdn Bhd join forces to invest in renewable energy projects in India, with a total capacity of 5 GW and plans to develop 30 GW by 2030. ReNew also aims for net-zero status by 2040.
Jul 28, 2023 // Plants, India, Asia, ReNew Power Pvt Ltd, Gentari Sdn Bhd
Waaree Sparks 87.5MW Solar Revolution
Waaree Renewable Technologies Ltd has switched on a 87.5-MW/122.5-MWp solar power plant in Madhya Pradesh, producing 349 million kWh annually. This 651 acre facility is part of a larger 150-MW/210-MWp project, with a 25-year contract. O&M for 2 years included.
Jul 13, 2023 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant
McDonald's India Powers Up Delhi with Solar Plant
McDonald's India (North & East) has commissioned Delhi's largest solar power plant in Najafgarh with a capacity of 3.2MW. It is expected to reduce CO2 emissions by 3,822 tonnes annually and promote biofuel & biodiesel for ecological sustainability.
Jul 7, 2023 // Plants, India, Asia, PV Power Plant, McDonald's
First Solar Bags $1BN to Fuel Growth
First Solar Inc. secures USD 1 billion revolving credit facility from JP Morgan Chase Bank to finance expansion in India, Alabama, and Ohio. Facility enables company to open 3.4-GW DC production facility and R&D center, aiming to have over 20 GW DC of factories in 2026.
Jul 7, 2023 // Markets & Finance News, USA, Alabama, India, First Solar, Asia, North America, Ohio, JP Morgan Chase Bank
Avaada Closes $1.3B Round for Green Energy Push
Avaada Energy has closed a USD 1.3bn funding round, the largest equity raise for a green energy firm in Asia. Canada's Brookfield Asset Management and Thai power company Global Power Synergy have invested significantly, to be used for green hydrogen, green methanol, green ammonia projects and more. Recent tenders won by the firm amount to 1.8 GW. Sustainable future ahead with Avaada.
Jun 30, 2023 // Markets & Finance News, India, Avaada Energy, Asia
Tata Power Renewable Energy settles 110-MW solar project in India
Tata Power Renewable Energy Limited (TPREL) revealed on Monday the commissioning of a 110-MW solar energy plant in Bikaner in the Indian state of Rajasthan.
Jun 6, 2023 // Plants, India, Asia, Solar Project, Tata Power Renewable Energy
Indian panel maker Saatvik has plans for a 1.5-GW manufacturing facility in U.S.A.
Indian solar panel producer Saatvik informed Solar Power World it is exploring alternatives to open a 1.5-GW panel manufacturing plant in the United States. Saatvik currently supports a 1.5-GW plant in Haryana, India (that must broaden to 3 GW by September 2023), and is also developing a brand-new 2.5-GW panel and cell center in Gujarat, India.
Jun 1, 2023 // Manufacturing News, USA, India, Asia, solar panel, North America, Saatvik