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India to add 20GW of solar PV in FY2023
FY2022, India added about 10.1 GW of utility-scale solar capacity and an additional 2.2 GW of rooftop capacity, with the top three executing states being the
Aug 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, pv power plants, Asia, rooftop solar, modules, basic customs duty, JMK Research, india solar
India's Waaree Secures $66M Solar Project Deal
Indian company Waaree Renewable Technologies has been awarded a contract worth INR 5.48bn ($66m) to provide engineering, procurement, and construction (EPC) services for a 335 MW/412 MWp solar project in India. The project is expected to be operational by December 2024, although the exact location and details have not been disclosed. Waaree will also be responsible for the project's operations and maintenance under a two-year agreement worth INR 68m. This latest contract brings Waaree's unexecuted order book to 1.16 GW.In November 2022, Waaree secured a separate contract worth INR 1.83bn to deploy 70 MW DC of solar PV capacity for an unnamed seamless tube manufacturer in India. What is the value of Waaree Renewable Technologies' latest solar project contract in India? Waaree Renewable Technologies' latest solar project contract in India is valued at INR 5.48bn ($66m). The contract includes engineering, procurement, and construction (EPC) services for a 335 MW/412 MWp solar project. The project is expected to be operational by December 2024. The exact location and details of the project have not been disclosed. Waaree will also be responsible for the project's operations and maintenance under a two-year agreement worth INR 68m. This contract adds to Waaree's unexecuted order book, which now stands at 1.16 GW. In November 2022, Waaree secured another contract worth INR 1.83bn to deploy 70 MW DC of solar PV capacity for an unnamed seamless tube manufacturer in India.
Feb 6, 2024 // Plants, Commercial, India, Asia, Waaree Renewable Technologies
India version: Operation & Maintenance Best Practice Guidelines
Best Practice Guidelines, this version has actually been adapted to the Indian context in a collaboration in between the National Solar Energy Federation of
Dec 19, 2020 // Market Research, India, Europe, Asia, NSEFI, SolarPower
India accepts PLI solar manufacturing system
proposition for the PLI scheme on Wednesday, which is really hoped will reduce India's reliance on solar innovation imports. It creates part of the most up to
Apr 8, 2021 // Manufacturing News, India, Asia, narendra modi, basic customs duty, PLI, production-lined incentives
First Solar unveils India module production facility plans
that last authorization for the website depends on the authorization of Indian federal government motivations that are "adequate to First Solar". If
Jul 30, 2021 // Manufacturing News, Policy, India, First Solar, Asia, thin film, series 6, incentives, shinetime china
Norfund, KLP purchase 420MW solar project in India
resource projects in establishing countries. Besides prioritising projects in India, the fund will certainly likewise proactively look to invest in up to 9GW of
Aug 25, 2022 // Markets & Finance News, India, Asia, Solar Project, norfund, KLP
Solar duo toast 192MW PV in India
reached commercial operations at the 192MW Bikaner 1 solar farm in Rajasthan, India. Bikaner 1 uses virtually 398,000 performance 3 UPP photovoltaic panels
Mar 14, 2022 // Plants, India, Asia, Maxeon Solar Technologies, Shivanand Nimbargi, ayana renewable power, Jeff Waters
Torrent Power closes buy of 50-MW solar park in India
enterprise value of the deal consists of the VGF receivable, the Indian firm stated on Friday. Torrent Power has acquired 100% of the share capital as well as
Mar 25, 2022 // Plants, Large-Scale, Commercial, India, Asia, Solar Park, Torrent Power
UK based Faradion to begin sodium-ion battery production in India
Faradion is currently wanting to produce its sodium-ion (Na-ion) batteries in India for electrical flexibility, power storage space and also mobile applications.
Apr 24, 2020 // Manufacturing News, Storage, UK, India, Europe, Asia, sodium-ion battery, Faradion, James Quinn
ACCIONA Energía to Construct India's Largest Solar Plant
has announced plans to build a 412MW solar plant in the state of Rajasthan, India. The project, which will consist of around 750,000 photovoltaic modules, is
Feb 15, 2024 // Plants, India, Asia, Acciona, PV Power Plant
BP dedicates $70m to UK-India Green Growth Fund
giant BP has actually announced it will certainly invest $70 million in the UK-India Green Growth Equity Fund (GGEF) this year. The cash will certainly support
Jul 9, 2020 // Markets & Finance News, India, United Kingdom, Europe, Asia, bp, Dev Sanyal, Dhanpal Jhaveri, Sashi Mukundan, GGEF
GoodWe Hits 1.5 GW Milestone in India
as an indicator of the goodwill and also count on the brand name has gained in India for its top quality as well as efficiency. With its offerings in the utility
Mar 16, 2022 // Markets & Finance News, Inverters, India, Asia, GoodWe, Anil Bhat, awnish pandey, darshan kumar jain, India sales milestone, vipin bharadwaj
ACME, Norfund Alliance for Renewable Energy In India
business will certainly invest with each other in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and also
Jan 27, 2023 // Markets & Finance News, ReNew Power, energy transition, acme, green energy, norfund, carbon emission, KLP, Mark Davis, Norwegian Climate Investment Fund, Manoj Upadhyay, NCIF
NSEFI Allies with SolarPower Europe For India Particular 'solar release guidelines'
National Solar Energy Federation of India (NSEFI) and SolarPower Europe have actually collectively published the most effective method standards for
Jun 10, 2022 // Markets & Finance News, EPC, India, Walburga Hemetsberger, Asia, NSEFI, Engineering
India's $9 Billion Rooftop Solar Push to Energize Millions
India plans to invest $9 billion to power 10 million homes with rooftop solar panels in an effort to boost the country's renewable industry. The sluggish deployment of rooftop systems has raised doubts about India's target of quadrupling solar power generation capacity by the end of the decade. Prime Minister Narendra Modi aims to accelerate the solar-power rollout through subsidies and cheaper loans. The installations will also allow users to sell surplus electricity back to the grid, providing each household with 300 kilowatt hours of free power per month.The investment is part of Modi's plan ahead of the upcoming national elections, where he is seeking a third term as prime minister. India aims to install 40 gigawatts of rooftop solar capacity by 2026, following a strategy similar to China's to drive down energy prices. However, the cost of installations has been a barrier for small households, and the loan rates offered by banks may still be too expensive for many households. How is India planning to boost its renewable industry and achieve its solar power generation target? India plans to invest $9 billion to power 10 million homes with rooftop solar panels. Prime Minister Narendra Modi aims to accelerate the solar-power rollout through subsidies and cheaper loans. The installations will allow users to sell surplus electricity back to the grid, providing each household with 300 kilowatt hours of free power per month. The investment is part of Modi's plan ahead of the upcoming national elections. India aims to install 40 gigawatts of rooftop solar capacity by 2026. India is following a strategy similar to China's to drive down energy prices. The cost of installations has been a barrier for small households. The loan rates offered by banks may still be too expensive for many households.
Feb 14, 2024 // Rooftop PV, India, Asia