State-run explorer Oil and Natural Gas Corp. Ltd (ONGC) said it plans to invest INR 1,000 billion into building 10 GW of renewable energy capacity by 2030.

The Ahmedabad-based solar EPC and advisory services provider has recorded a revenue of INR 391.61 crore for the fiscal year ended March 31, 2023, defying the headwinds posed by volatile commodity prices.

Mumbai-based Roofsol Energy has commissioned a 4 MWp rooftop solar project for Uttar Pradesh-based shoe manufacturer Mirza International.

Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has started accepting bids to develop grid-connected, ground-mounted solar plants in the Aurangabad, Kokan, and Pune regions of Maharashtra. The ceiling tariff is fixed at INR 3.20 ($0.039)/kWh. Bidding will close on May 8.

Su-Kam Power Systems has signed a memorandum of understanding with Himachal Pradesh government to establish a sustainable energy storage park in the state. It plans to invest around INR 300 crore to manufacture renewable, e-mobility, and solar energy products in this park in the near future.

Solar Energy Corp. of India Ltd (SECI) has invited domestic bids to install a 300 MW (AC) solar PV project, on a turnkey basis, in Andhra Pradesh.

Amplus accounted for around 26% of the overall Opex mode rooftop/on-site solar installations in India during CY 2022, according to a report by JMK Research and Analytics. 

Avaada has secured a 560 MW (DC) solar project from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The project will supply power to MSEDCL at a tariff of INR 2.88 ($0.035)/kWh.

The Indian solar manufacturer will sell its made-in-India PV modules in the USA through the newly opened office in Texas. Going forward, it plans to set up an overseas manufacturing facility too.

KP Group, a Gujarat-based renewable energy developer, has signed an agreement with UAE’s Tristar to jointly identify and execute wind, solar, green hydrogen, and green ammonia projects in multiple regions globally.