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Solar bloodbath: Titans clash in ruthless price war

The ongoing price war between top global suppliers could catalyse more competitive solar panel pricing in the Indian market, potentially leading to an increase in solar adoption at both the commercial and residential levels.

Avaada Energy secures $143 million SBI loan for solar project in Gujarat

Avaada Energy has secured about INR 1,190 crore ($143 million) as a 20-year project loan facility from State Bank of India (SBI). It will use the financing to support the development of its 400 MWp utility-scale solar PV power project in Gujarat.

SJVN launches 1.2 GW solar tender

SJVN is accepting bids to develop 1.2 GW of solar power projects, connected to the interstate transmission system, anywhere in India. Bidding closes on June 17.

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Statcon Energiaa introduces 3 kW grid-tie solar inverter

Indian manufacturer Statcon Energiaa has introduced a single-phase grid-tie solar inverter with a power rating of 3 kW. The inverter is intended for residential and small office applications.

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GE Vernova to build state transmission asset management center in Odisha

The transmission asset management center will help Odisha’s state-owned power transmission company, Odisha Power Transmission Corp. Ltd, to operate the state grid more efficiently, reliably, and resiliently through real-time grid monitoring and control.

NTPC tenders EPC package for 260 MW solar in Rajasthan

NTPC Renewable Energy Ltd has invited domestic bids to develop a 260 MW grid-connected solar PV project in the Bikaner district of Rajasthan. Bidding closes on June 6.

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String inverter for commercial solar installations 

SMA’s Sunny Tripower CORE2 110 kW string inverter with a flexible design allows up to 150% oversizing of the solar PV array.

ALMM expands market for domestic solar manufacturers

The ALMM reinstatement opens up a vast market for domestic solar panel manufacturers by creating a non-tariff barrier for Chinese products. However, for projects and schemes such as PM Surya Ghar: Muft Bijli Yojana which mandate domestic content requirement (DCR), the shortage of domestically manufactured cells could lead to an increase in the cost of DCR modules.

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Waaree Energies secures 400 MW solar module supply contract with GIPCL

Waaree Energies will manufacture and supply 400 MW of bifacial solar PV modules to Gujarat Industries Power Co. Ltd’s (GIPCL) project in Gujarat.

BluPine Energy reaches financial close on 120 MW solar project in Gujarat

BluPine Energy has secured debt financing from HDFC Bank to develop a 120 MW solar project in Gujarat.

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