Adani and Reliance New Energy, along with Jindal India Solar and Shirdi Sai Electricals, are the top scorers in the shortlist released for the production-linked incentives (PLI) scheme for high-efficiency module manufacturing. The list also includes 14 other companies vying for the incentives. The PLI requirement quoted by the shortlisted applicants will decide the beneficiaries.
The Indian solar manufacturer currently has 750 MW of cell and module factory in Hyderabad and plans to more than triple this capacity with the addition of 2 GW mono PERC. The capacity augmentation is planned over the next two years with an investment of INR 1,200 crore. The equity capital from GEF will support the expansion.
The US$ 5.9-billion building solutions manufacturer aims to increase the share of green energy to 34% of its total power requirement by 2024, and further to 100% by 2050, from the current levels of 13%.
Recovering valuable raw materials from end-of-life solar panels and batteries presents a great opportunity for India to secure their future availability as the nation chases its ambitious renewable energy targets.
The diversified business group with a 25 GW renewable energy portfolio will invest US$20 billion across renewable energy generation, component manufacturing, transmission, and distribution over the next ten years.
The solar plant at Mangalore Refinery and Petrochemicals Limited’s site in Karnataka is generating more than 24,000 units (kWh) of electricity per day.
The state has reached an installed solar capacity of 7,738 MW. With this, it has replaced Karnataka to become the PV energy leader in India.
The Austrian solar racking solutions provider, which is currently making sheet-metal roof mounting products in India, has started local production for flat roofs too. The India-made flat-roof PV mounting products shall be available from January next year.
SmartChargEV plans to set up electric vehicle charging facilities at 4,000+ locations in all the States and union territories of India by 2025, and 23,000+ locations by 2031.