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Glass Manufacturer Saint Gobain Strikes RE Offer For Operations in Spain
new Net-Zero Standard and also the Paris Climate Agreement. Saint-Gobain India and Green Infra Wind Energy Ltd (GIWEL) authorized a lasting wind-solar hybrid
Nov 29, 2022 // Markets & Finance News, clean energy, Endesa, Renewable Electricity, green energy, carbon neutrality, Saint-Gobain, Spain PPA
Norwegian Fund To Spend $62 Million In SAEL To Help Develop 3GW Renewables
CO2 emissions. Offered the increasing air pollution in the North-West part of India because of several challenges, the investment will likewise help improve air
Jan 27, 2023 // Markets & Finance News, Renewable Energy, norfund, Hans Jacob Frydenlund, Mark Davis, Norwegian Climate Investment Fund, SAEL, stubble burning, Sukhbir Agro Energy Limited
Skoda Volkswagen Sets right into Procedure 18.5 MW Rooftop Solar at Pune Facility
Auto Volkswagen India has revealed the installation of 18.5 MW rooftop solar at its Chakan plant in Pune. The group currently claims that the new rooftop
Feb 15, 2023 // Rooftop PV, VOLKSWAGEN, green electricity, Chakan plant, CO2 emissions of Volkswagen, Piyush Arora, rooftop solar facility, Skoda Auto Volkswagen India
BII Funding Powers ReNew's 4-GW Gujarat Solar Cell Factory Expansion
stake in the subsidiary, marking BII’s first direct investment in India’s solar-equipment supply chain. ReNew says the deal, which still needs
May 7, 2025 // Manufacturing News, Markets & Finance News, India, Asia, BII, ReNew Energy
Saatvik Starts 4.8-GW Solar Cell Factory at Odisha Gopalpur Park
turn out 4.8 GW of solar cells and 4 GW of modules each year, sharply boosting India’s domestic manufacturing base. Under the construction schedule unveiled
Jun 9, 2025 // Manufacturing News, India, Asia, solar cell, Saatvik
Jindal Stainless Seals 282-MW Hybrid Renewable Power Deal With Oyster
Indian stainless-steel leader Jindal Stainless Ltd has struck a 25-year group-captive power purchase agreement with Oyster Renewable Energy that will channel 700 million kWh of clean electricity a year to the company’s mills and melt shops, slashing its reliance on grid power and volatile tariffs. The energy will come from a 282-MW interstate wind–solar hybrid complex now taking shape across Gujarat and Madhya Pradesh. The project is split between an 82-MW wind farm and a 135-MWp solar array at Agar in Madhya Pradesh, plus a 99-MW wind site at coastal Bhuj in Gujarat, all tied together by India’s Green Energy Corridor for round-the-clock delivery. To execute the scheme the partners have formed Oyster Green Hybrid One Pvt Ltd, in which Jindal has bought a 33.64 % stake for an initial ₹792 million, rising to about ₹1.32 billion as milestones are hit. Construction is being financed by a ₹15.17 billion loan from the Indian Renewable Energy Development Agency, with commercial operation targeted for the third quarter of FY 2025-26. When the turbines and trackers begin spinning in tandem, Jindal expects its annual carbon footprint to shrink by roughly 700,000 tonnes of CO₂—the same impact as planting 30 million mature trees—and to save materially on energy costs. The deal marks the company’s largest single step toward its net-zero 2050 roadmap and echoes India’s wider push to green hard-to-abate industrial sectors through hybrid and round-the-clock renewable contracts. The agreement builds on a flurry of recent initiatives by the Gurugram-based producer: a 7.3-MW floating solar plant already powering its Jajpur works, 6.5 MW of rooftop PV at Hisar, a fledgling green-hydrogen pilot, and memoranda for hundreds of megawatts of additional renewable supply. Together they underscore how corporate buyers are leveraging new financing tools and group-captive rules to lock in affordable, emissions-free electricity at scale—while giving India’s renewable build-out yet another industrial anchor tenant.
Jun 9, 2025 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, decarbonisation, Jindal Stainless, hybrid power, Oyster Renewable
NTPC Floats 2.5-GW Module Tenders To Accelerate India’s Solar Surge
India’s biggest power producer, NTPC, is putting out feelers for a huge batch of solar panels—2.5 GW in total—as it races to bulk-up the nation’s clean-energy muscle. One order covers 1.5 GW of panels for the sun-soaked Bikaner park in Rajasthan; the other seeks 1 GW for projects in Lalitpur and Chitrakoot, Uttar Pradesh. NTPC isn’t after just any panels. It wants high-efficiency, bifacial crystalline-silicon modules rated at 570 W or more. These two-sided panels can catch reflected light from the ground as well as direct sunlight, squeezing extra power out of every square metre—handy when grid connections and land are both at a premium. Interested suppliers have to get their bids in by 19 August, with the first deliveries pencilled in for early 2026. Once known mainly for coal, NTPC has promised 60 GW of renewables by 2032, helping India hit its 500 GW non-fossil goal. To keep costs down, the company now orders hardware in giant, gigawatt-scale lots, a move that also nudges manufacturers to build more of the supply chain at home under India’s Production-Linked Incentive programme. Analysts say NTPC’s bifacial requirement is no accident. In Rajasthan’s bright, sandy desert, rear-side generation can lift yearly output by around 10–12 percent—especially if the modules sit on single-axis trackers that follow the sun across the sky. The tender comes as New Delhi rolls out fresh support for solar, from scrapping import duties on solar-grade glass to sweetening subsidies for battery storage that can soak up midday oversupply and feed power back after dark. Future phases of NTPC’s projects are expected to bolt storage onto these parks, shaving the need for expensive gas peaker plants. Would-be suppliers do face strings: meet domestic-content rules or pay stiff duties. That hurdle is likely to spark a bidding war among home-grown heavyweights such as Adani Solar, Waaree, and Vikram Solar, while overseas brands look to joint-venture routes to stay in the game.
Aug 4, 2025 // Plants, Large-Scale, Commercial, India, NTPC, Asia, modules, TECHNOLOGY, procurement
Jakson Engineers Invests $914M in Solar Factory Expansion
million to establish a 6-GW solar cell and module plant in Madhya Pradesh, India. This investment aims to bolster India's photovoltaic supply chain,
Aug 26, 2025 // Markets & Finance News, India, Asia, Jakson Engineers
SECI Floats Tender for 2000 MW Solar Projects (ISTS-IX).
Solar Energy Corporation of India (SECI) has actually provided the Request for Selection (RfS) record for choice of solar energy programmers for establishing of
Mar 23, 2020 // Plants, Floating PV, India, tender, Asia
Scatec eyes partnerships with Indian PV developers as part of development right into nation
and South Africa, however has yet to protect any functional PV possessions in India. This is set to alter in the coming years, with the country amongst the
Apr 1, 2021 // Markets & Finance News, Scatec, IPP, India, floating PV, Asia, Terje Pilskog
Waaree Energies, IIT Bombay Collaborate on Perovskite Innovation
and development in solar technology, inspire young scientists, and position India as a leader in renewable energy. The collaboration will create a sophisticated
Dec 13, 2024 // Technology, perovskite, efficiency, Waaree Energies, IIT Bombay
AC Energy, UPC Solar set up new Asia-Pacific joint venture
than 1 GW of solar capacity over the next few years, with an initial focus on India, South Korea and Taiwan. AC Energy will invest $20 million to finance the
Oct 16, 2019 // Markets & Finance News, India, Asia, Korea, Philippines, Taiwan, AC Energy, Patrice Clausse, Brian Caffyn
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order
to getting to closer degrees of cooperation on further projects throughout India and also the Middle East." The win for Saudi Arabia comes also as LONGi sales
Dec 1, 2022 // Markets & Finance News, LONGi, L&T, Dennis She, A Ravindran, agreement 1292 MW deal, EPC Contract, Saudi Arabia solar
GameChange Solar bags 2.3 GW Worth Solar Tracker Deals In Florida, United States
group of projects." The United States firm also has an office in Bengaluru, India. Offering dealt with tilt racking with over 29 GW offered worldwide, the firm
Jan 24, 2023 // Plants, trackers, GameChange Solar, solar trackers, solar wins
Waaree Sparks 87.5MW Solar Revolution
Energies Ltd, an Indian solar panel maker, has switched on a 87.5-MW/122.5-MWp solar power plant in the Khandwa district of Madhya Pradesh. The project was
Jul 13, 2023 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant