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one of the 3 states that make up the large bulk of PV deployment in India-- was an excellent area for the projects, said Sharma. " The state has the

Interestingly, the initial and also previous biggest hybrid power plant in India, with a 390 MW capacity, was operationalized by AGEL in May 2022 in

decided to make use of the line of credit report worth $100 million given by India. In July, 2021, India had authorized an agreement with Sri Lankan

through a debt-equity proportion of 70:30. The Solar Energy Corporation of India (SECI) as well as Telangana State Renewable Energy Development Corporation had

and also the bidding process performed, by the Solar Energy Corporation of India Ltd (SECI). The firm has actually stated that it will do the complete EPC of

Energy, among the leading green power and renewable energy business in India, has received USD 10 million in funding from growth finance institution Deutsche

a 5.5 MW renewable resource (Wind-- Solar hybrid) project in Babra, Gujarat, India. The green energy will be made use of to run SCHOTT's operations at its glass

Centre for Sustainable Development. Deepak Gadhia, Chairman of Sunrise CSP India, stated that the solar focus technology can be utilized in thermochemistry as

Power Systems, a Patna, India-based company and owner of the world’s largest number of mini-grids, announced that it has raised $103 million in debt and

Indian solar module maker Emmvee has been chosen by KPI Green Energy to supply 300 MWp of its Bifacial MonoPERC Solar panels for a 240-MW solar plant in Gujarat, India. The project will provide power to the state electricity regulation board, Gujarat Urja Vikas Nigam Limited. The delivery of the solar panels is expected to be completed between June 2024 and May 2025, with the first batches arriving in March. Emmvee currently has a module manufacturing capacity of 3 GWp and plans to launch a new 1.5-GWp cell line in the first half of 2024.Indian solar module maker Emmvee has secured a contract to supply 300 MWp of its Bifacial MonoPERC Solar panels for a 240-MW solar plant in Gujarat, India. The project, located in the Khavda village, will provide power to the state electricity regulation board. The delivery of the solar panels is scheduled to be completed between June 2024 and May 2025, with the first shipments expected in March. Emmvee plans to launch a new 1.5-GWp cell line in the first half of 2024, in addition to its current module manufacturing capacity of 3 GWp. What is the contract secured by Indian solar module maker Emmvee for a solar plant in Gujarat? The contract secured by Emmvee is to supply 300 MWp of its Bifacial MonoPERC Solar panels for a 240-MW solar plant in Gujarat, India. The solar plant is located in the Khavda village in Gujarat. The project aims to provide power to the state electricity regulation board, Gujarat Urja Vikas Nigam Limited. The delivery of the solar panels is expected to be completed between June 2024 and May 2025. The first shipments of the solar panels are anticipated to arrive in March. Emmvee currently has a module manufacturing capacity of 3 GWp. In addition to the current capacity, Emmvee plans to launch a new 1.5-GWp cell line in the first half of 2024.

Indian solar cell manufacturer Jupiter International has secured a commitment of INR 5 billion (USD 58.4 million) from ValueQuest SCALE Fund. This investment will support Jupiter's plans to expand its production capabilities, enhancing its position in the solar energy sector.The funding aligns with India's broader push to boost domestic solar manufacturing and reduce reliance on imports. Jupiter's expansion is expected to contribute to the country's renewable energy goals, as it scales up its photovoltaic manufacturing operations. This move is part of a growing trend of investments in India's clean energy infrastructure. How Will Jupiter International's Expansion Impact India's Solar Manufacturing and Energy Goals? Increased Domestic Production: Jupiter International's expansion will boost India's domestic solar cell production capacity, reducing dependency on imported solar components and supporting the "Make in India" initiative. Job Creation: The expansion is likely to create new jobs in the manufacturing sector, contributing to economic growth and providing employment opportunities in local communities. Cost Reduction: By increasing local manufacturing, the cost of solar panels and systems may decrease, making solar energy more affordable and accessible for consumers and businesses. Technological Advancements: The investment may facilitate the adoption of advanced manufacturing technologies, improving the efficiency and quality of solar products produced in India. Energy Security: Enhancing domestic solar manufacturing capabilities will strengthen India's energy security by diversifying energy sources and reducing vulnerability to global supply chain disruptions. Contribution to Renewable Energy Targets: Jupiter's expansion will support India's ambitious renewable energy targets, including achieving 500 GW of non-fossil fuel capacity by 2030. Environmental Impact: Increased solar manufacturing aligns with India's commitment to reducing carbon emissions and promoting sustainable energy solutions. Market Competitiveness: The expansion may enhance the competitiveness of Indian solar manufacturers in the global market, positioning India as a key player in the renewable energy sector. Policy Support: The move reflects the effectiveness of government policies aimed at encouraging investment in renewable energy and manufacturing, potentially attracting further investments in the sector.

it included. Additional stating that the imports of the cells right into India, have not only remained to create significant injury to the residential

sovereign wealth fund GIC is exploring options for its 50% stake in India’s Greenko Energy Holdings, which is valued at around USD 5 billion.

Indian and Australian solar will spearhead a grid parity shift set to take hold of Asia-Pacific renewables within less than a decade, according to Wood Mackenzie. Renewables’ levelised cost of energy (LCOEs) across the region’s top 12 markets remains 29% higher than coal-fired power but the gap will vanish by 2027, the firm predicted on Monday. By 2030, the new analysis estimated, solar and wind will actually be 17% cheaper on average than any fossil fuels across the 12-strong group, spanning India, Australia, China and Japan. Wood Mackenzie research director Alex Whitworth said the shift will drive a major jump in these markets’ current renewable share of 6%, creating “opportunities” but also “disruption”. The figures show Indian solar LCOEs (US$38.2/MWh) already outcompete those of the country’s cheapest fossil fuels (US$44.5/MWh), thanks to high irradiation, market size and competition. Australia, Wood Mackenzie noted, will be second. The country’s past dependency on coal and gas is crumbling, as fossil fuel price hikes and green regulations bolster the case of renewables. After LCOE drops of 42% over the past three years, Australian PV already outcompetes gas and will reach US$48/MWh next year to catch up with coal, according to the firm. As Whitworth noted, Australia’s transition won’t be devoid of challenges, including grid impacts and curtailment issues. Energy storage, he argued, is “one of the key options” to shore up supply. Japan, Indonesia and Malaysia lag behind Wood Mackenzie’s update examined the grid parity journey of Asia-Pacific’s solar, finding utility-scale PV cost declines of 80% between 2010 and 2019 across the region. From solar LCOEs (US$344/MWh) above wind’s (US$120/MWh) in 2010, the industry has finally jumped ahead in 2019, achieving US$69/MWh to wind’s US$72/MWh. For some, however, the going is far slower. Where PV hit LCOEs of US$38.2/MWh in India in 2019, it remained behind in Japan (US$153/MWh), Indonesia (US$106/MWh) and Malaysia (US$88.6/MWh) All three solar markets – the priciest in Wood Mackenzie’s sample of 12 – will be the only in Asia-Pacific where renewables will not catch up with coal prices by 2030, the firm noted. The market tailwinds taking Asia-Pacific’s solar to grid parity are pushing the industry towards the same goalpost across the rest of the world.  In May, IRENA reviewed renewable projects and PPAs and found 83% of the utility-scale PV pipeline commissioned for 2020 will boast prices lower than the cheapest fossil-fuel alternatives. According to the agency, India and Italy were the world’s most cost-efficient PV markets as of 2018, followed by China, France and Germany. Others, including McKinsey, have predicted different outcomes for the global grid parity race. In February, the firm said Germany and Spain would hit the goal next year, outrunning India and Australia.

a leading solar roof firm in India, has announced that it has effectively appointed a roof solar plant in Rajasthan for a reputed fabric company. Located in