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Odisha’s ₹20,500-crore clean-industry cluster takes shape at Gopalpur SEZ
it matters
Green-ammonia scale-up: Hygenco’s plant will be India’s largest electro-chemical ammonia unit when built. Phase 1 will deliver
Jun 10, 2025 // Plants, Large-Scale, Commercial, India, Asia
CDPQ Rises Risk, currently Bulk Stakeholder in Azure Power
Power Global Limited (AZRE), a leading independent solar energy developer in India, has actually revealed that Caisse de dépôt et positioning du
Mar 11, 2020 // Markets & Finance News, India, Asia, Azure Power, CDPQ, Ranjit Gupta, Emmanuel Jaclot
IndiGrid Acquires 100 MW Solar Assets of FRV in Rs 660 Crore Deal
India Grid Trust (IndiGrid) has actually announced in a governing declaring that it has actually gotten the 100 MW Indian solar portfolio of Madrid-based designer Fotowatio Renewable Ventures (FRV), in an offer worth Rs 660 crore.
The KKR-owned Infrastructure Investment Trust (InvIT) has actually revealed that it has authorized a safety and securities purchase agreement for the procurement of 100 percent shareholdings in 2 SPVs-- FRV Andhra Pradesh Solar Farm-I & FRV India Solar Park II-- from FRV Solar Holdings.
As per the release, FRV I was integrated on July 14, 2016, and operates a 50 MW (AC) solar energy plant in Ananthapuramu Solar Park in the state of Andhra Pradesh. FRV I had actually become part of PPA with SECI on October 5, 2016, for a period of 25 years. The possession was commissioned in July 2018.
Likewise, FRV II was included on July 09, 2016, and also operates another 50 MW (AC) solar power plant in the Ananthapuramu Solar Park. This SPV had also become part of PPA with SECI on October 5, 2016, for tone of 25 years. This property, nevertheless, was appointed in January 2019.
The completion of purchase would certainly rely on receipt of relevant approvals as well as completion of legal obligations.
In October, we had actually reported that Global investment company KKR had actually introduced-- Virescent Infrastructure, a new system to get renewable energy possessions in India. Headquartered in Mumbai, Virescent aims to expand its varied portfolio of functional renewable resource possessions, facilitated by investments predominantly made through KKR's infrastructure fund.
It was specified that at the time Virescent owned 317 MWp of solar possessions found in Maharashtra and also Tamil Nadu. KKR has actually likewise entered into clear-cut agreements to get other operating solar tasks throughout 3 different states. As soon as shut, these projects will certainly additionally become part of the Virescent platform.
It was mentioned that the system would look to determine investment opportunities that have secure cash flows originating from long-term agreements with state and central federal government counter-parties throughout India.
Dec 21, 2020 // Markets & Finance News, India, Asia, frv, Andhra Pradesh, IndiGrid
Sri Lanka Accelerates Roof Solar Investments, Says No to New Coal
power need. Uncertain prepares for a second coal plant, to be financed by India, were suspended in 2016 after conservationists submitted a lawful
Aug 18, 2021 // Markets & Finance News, Rooftop PV, Asia, Sri Lanka, Renewable Electricity, Coal power, Renewable Energy Goals
Tdafoq Energy, Delectrik Systems Partner for Battery Project in Saudi Arabia
actually participated in a circulation as well as manufacturing license with India-based Delectrik Systems. Tdafoq Energy will specifically offer Delectrik's
Nov 3, 2022 // Manufacturing News, Saudi Arabia, Asia, vanadium redox flow battery, flow battery, Delectrik Systems, Gulf countries, GWh capacity battery, Tdafoq and Delectrik, Tdafoq Energy
Indian solar association requires immediate implementation of 50% BCD
he stated.
That price is a major step up from the 20% levy recommended by India's Ministry of New and Renewable Energy previously this summer-- and would be
Aug 21, 2020 // Markets & Finance News, Policy, India, China, pv modules, solar cells, Asia, tariffs, safeguard duty, basic customs duty, trade levy, Hitesh Doshi, aisia
Pahal Solar breaks ground on 2-GW cell plant in Gujarat
Indian PV manufacturer Pahal Solar has started construction on a new production complex in Gujarat that will anchor a 2-GW solar cell factory and a 2-MW aluminum frame line. The investment pushes the company further upstream, aligning with India’s drive to localize more of the photovoltaic value chain and reduce exposure to import bottlenecks.
The cell facility is expected to target high-efficiency architectures—most likely TOPCon or PERC during ramp, with a pathway to higher-efficiency formats as toolsets and market demand evolve. Vertical integration matters: pairing cell output with an in-house frames line shortens lead times for module assembly, improves quality control at interfaces, and cushions logistics risk for balance-of-module components that have faced tight supply.
Pahal’s Gujarat siting leverages a seasoned industrial ecosystem, port access, and a growing base of solar suppliers and talent. Early priorities will include tool installation and qualification, pilot runs to hit yield and defect targets, and customer sampling for bankability. Power quality, process water systems, and cleanroom discipline are critical to achieving throughput without sacrificing efficiency.
For India’s market, additional cell capacity underpins ongoing module expansion and supports domestic-content goals across utility-scale, C&I, and rooftop segments. As states accelerate tenders and corporates sign more PPAs, consistent cell supply at home can stabilize pricing and specifications, while also meeting traceability and origin requirements some buyers now demand.
The aluminum frame line, while modest at 2 MW of structural output, addresses a well-known bottleneck. Precision extrusions and surface treatments are central to module durability; colocating this step improves cadence and allows faster iteration on frame profiles for wind, snow, and transport loads.
Environmental and workforce considerations round out the plan. Expect advanced waste-water treatment, aluminum scrap recovery, and rooftop solar on the plant itself, alongside technician training programs to scale operations. If commissioning and ramp proceed on schedule, the complex will add meaningful domestic capacity just as India’s installations continue to climb.
Bottom line: by moving deeper into cells and critical components, Pahal Solar is trading dependency for control—aiming to deliver reliable, bankable inputs to India’s fast-growing downstream manufacturers.
Oct 30, 2025 // Manufacturing News, manufacturing, India, solar cells, Asia, gujarat, supply chain
Reliance Power Locks In PPA for Asia’s Largest Solar-Storage Hub
landmark 25-year power purchase agreement with the Solar Energy Corporation of India (SECI). The deal tasks Reliance with building what promises to be Asia’s
May 2, 2025 // Plants, Large-Scale, Commercial, Storage, India, SECI, Asia, Renewable Energy, Solar Storage, Reliance Power
Zelestra Secures 39-MW Hybrid PPA with Indian Paper Maker
supply 39 MW of clean energy to Seshasayee Paper and Boards Ltd (SPB), one of India’s leading paper manufacturers. Under this deal, Zelestra will build its
May 5, 2025 // Plants, Large-Scale, Commercial, PPA, Tamil Nadu, Zelestra, Seshasayee Paper, hybrid power
Sunkind Partners with JA Solar for Major Indian PV Expansion
Energy Ltd, an Indian solar solutions provider, has partnered with Chinese solar module maker JA Solar to establish a 2.4-GW cell and 4-GW module factory in
Jul 3, 2025 // Manufacturing News, India, JA Solar, Asia, Sunkind Energy
Acen buys 1200MW Indian wind, solar portfolio
building, and also procedure of a 1200MW hybrid wind and solar portfolio in India.
The freshly developed partnership aims to release US$ 250m of equity plus
Mar 14, 2023 // Markets & Finance News, India, Asia, ACEN
Ceigall Signs 220-MW Solar PPA With BESS in MP
India Limited said it has signed a power purchase agreement for a 220-MW solar project with co-located battery energy storage in Madhya Pradesh. The
Jul 1, 2026 // Plants, Large-Scale, Commercial, Storage, India, Asia, PV Power Plant, Ceigall
Ciel & Terre Makes Waves with 11 MW Floating Solar Project in France
international projects using this technology in countries such as Brazil, India, and the Netherlands. In India, several public sector undertakings and
Jan 18, 2024 // Plants, Floating PV, France, Europe, Ciel & Terre, PV Power Plant
BluPine Secures ₹376 Crore for Gujarat Solar Project
MW solar project in Tharad, Gujarat, through its subsidiary Solarcraft Power India 5 Pvt. Ltd. The project, under the GUVNL 22 tender, reached financial closure
May 13, 2025 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, PV Power Plant, BluPine Energy
400-MW Wind-Solar Complex: Evergreen's Green Promise to Gujarat
Renewables, the Indian unit of US green energy platform Evergreen Power Solutions Inc, has announced a partnership with the Gujarat government to build a
Jan 5, 2024 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant





