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The Chinese manufacturer is starting mass production of inverters at its new Indian facility. The expected annual production output is 2 gigawatts – 1 gigawatt at each of the two assembly lines (for string and central inverters).

India is looking to set up a series of brand-new production zones to produce solar tools, according to regional websites.

An AFP newswire report this week said Ministry of New & Renewable Energy secretary Anand Kumar had announced plans for 30 GW of generation capacity in the state of Gujarat and 25 GW in Rajasthan, all of it along a 20-25km strip of semi arid land on the border.

Waaree Energies Ltd receives Letter of Award to deploy 70 MW DC of solar PV capacity; Worth INR 1.83 billion. 135 MW of solar PV modules to be supplied to NTPC Ltd for installation in four months; Waaree also responsible for O&M for five years.

A report by Indian ratings agency CRISIL points to a rising rate of tender failures, an inconsistent policy approach from central and state governments and restrictive solar energy tariff caps and says India could have just 104 GW of renewables capacity by 2022.

The floating solar power plant, situated at Water Works, Sector 39, Chandigarh, will produce 28,00,000 units of electrical power every year. The plant is anticipated to offset 80,000 tonnes of CO2 emissions per year.

German tidy power company Belectric has actually finished a 250MWac solar park in the South Indian state of Karnataka in behalf of Finnish developer as well as utility Fortum.

I-RECs certificates are important as market participants and energy consumers seek transparency in the global market for valuing renewable-origin power generation. & P Global said that Brazil is the biggest I-REC market in Latin America while Turkey as well as India represent 2 of the biggest markets in Asia.

India has released new draft guidelines for the bidding process under its Wind-Solar Hybrid Policy, which includes e-reverse auctions and allows for the addition of energy storage capacity.

Bidding process took place last week in a reverse auction to contract for 500MW/1,000 MWh of standalone battery energy storage space capacity with the Solar Energy Corporation of India (SECI).

Mounted roof solar ability in India currently stands at 1922 MW, as well as over Rs 1,874 crore has actually been launched as CFA, RK Singh has actually notified the Parliament.

With a 75% share of the solar roof section, C&I sector is vital to attaining solar roof goals. Systemic issues are stopping efficiency to prospective, and also these requirement to be addressed currently.

Macquarie Asset Management is seeking to offer a 450-MW portfolio of solar projects in India in a manage an equity value of some USD 250 million (EUR 235.1 m), The Mint reports.

MUFG Bank has actually acted as the single environment-friendly structuring consultant for a USD 333 million financing deal for SoftBank's 900 MW solar project in India.

Adani Green Energy has actually authorized agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group