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In a substantial ruling for the Indian renewables market, a high court in the state of Andhra Pradesh has ruled that state circulation utilities (Discoms) must pay renewable business the terms they agreed to when they authorized power acquisition agreements (PPAs) within 6 weeks.

A consortium led by exclusive equity giant BlackRock Real Assets has gotten a 10.53% stake in Tata Power Renewables with a INR4,000 crore (US$ 525 million) financial investment.

SECI has issued a tender for establishing a 5 MW grid-connected solar PV nuclear power plant at the V. O. Chidambaranar Port Trust (VOCPT) in Tuticorin, Tamil Nadu.

AAI has signed an MoU with NVVN, an NTPC subsidiary, to advertise the usage of EVs and set up solar energy plants at flight terminals throughout India.

Jakson Group kicks off INR 80B, 6-GW solar mega-plant in Maksi, MP, building India’s first fully integrated wafer-cell-module hub; modules by May 2026, cells by September.

The worldwide capacity enhancements are anticipated to rise this year to 320 GW.

Borosil Renewables' acquisition of 86% risk in the Interfloat Group is done through its abroad wholly-owned subsidiaries. Interfloat Group contains two firms-- GMB Glasmanufaktur Brandenburg GmbH (GMB) as well as Interfloat Corporation.

Indian module manufacturers are gearing up for an end-of-year surge in solar project procurement and hoping their investments in incorporating global manufacturing benchmarks will translate into enhanced sales.

Titagarh Wagons has actually signed a PPA with Fourth Partner Energy to procure 4.8 MW of solar energy to fulfill ~ 25% of its yearly electrical energy need with tidy energy

The corporate PPA market in Asia is finally supplying on guarantee, mirroring the impact this market can make on new renewable capacity as seen in the North American and also European markets. In India, this is also demonstrated by the active rate of interest of large programmers, who have actually announced plans for this over utility scale projects in some cases.

The repeatedly prolonged PV tender held by Solar Energy Corporation seems to get finally rewarded. The announced 7 gigawatts of solar project capacity are currently oversubscribed by 1 gigawatt.

International renewables capacity will more than double this decade yet almost every leading market will certainly still miss deployment targets.

The Indian Institute of Technology (IIT) Kanpur has issued an expression of interest to set up three solar-backed microgrid projects in the Indian state of Uttar Pradesh. The deadline for submissions for prospective developers is Aug. 30.

Indian independent power producer (IPP) ReNew Power has confirmed strategies to introduce an upstream solar cell as well as module production center in India.

Dollar Industries Limited, among the leading apparel brands in India, has commissioned a 4 MW solar energy plant at its manufacturing facility in Tirupur.