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Azure Power and Tata Power were amongst the champions in a reverse auction for 1.2 GW of solar projects under India's ISTS programme which saw winning tariffs of INR2.43/ kWh (US$ 0.0324).

INOXGFL’s Inox Clean Energy acquires Skypower Solar India for ₹265 crore, gaining a 50-MW solar asset in Madhya Pradesh backed by a 25-year state PPA.

Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.

Zelestra secures a landmark 25-year PPA in India, powering up its solar ambitions with 1.5 GW in contracts and a vision for over 6 GW by 2026!

Sovereign wealth fund of Qatar has acquired a 25.1-percent % stake in Mumbai’s unit of Adani Electricity for 450m USD. This purchase is meant to support Adani’s targeted 30-percent power generation from green sources by 2023.

Out of 14 GW solar addition in 2022, rooftop solar made up simply 1.9 GW in India In China rooftop solar made up 55 GW out of 87 GW of complete solar capacity addition in the exact same year

Regardless of the present financial closure because of the COVID-19 pandemic, the international renewable resource change is well in progress and also it is pertaining to Asia

BP has actually invested US$ 70 million in an environment-friendly growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar company Lightsource BP.

The Haryana-based designer will spend Rs 1500-2000 crore in establishing the solar cell and also module manufacturing facility, which will at first have a production ability of 2 GW per year.

Sembcorp Green Infra secures 150-MW solar and 300-MWh battery project from SJVN, its second hybrid award in India, boosting renewables portfolio to 6.3 GW.

Reliance says its Jamnagar new-energy hub is rising at “record pace,” with a 2026 launch for battery and electrolyser gigafactories and a goal of 3 million tonnes of green hydrogen per year by 2032.

France moves towards a more sustainable future by requiring solar panels on car parks over 1,500 square meters. The move highlights a push for renewable energy solutions where the market is slow to adopt.

Jakson Green's 400 MW solar park in Rajasthan marks a milestone in their 1 GW portfolio, with plans to reach 7.5 GW by 2027 and 18 GW by 2030.

By keeping significant supplies, enPossibilities will certainly bridge the gap between the availability of solar inverters' as well as the demands of solar installers and EPC players throughout the country.

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.