Jakson Green will develop a utility-scale solar project for power supply to Solar Energy Corp. of India (SECI) under a 25-year power purchase agreement. The power procured by SECI has been provisioned to be sold to different discom entities in India.
The residential rooftop solar scheme provides a central financial assistance (CFA) of 60% of the system cost for 2 kW systems and 40% of the additional system cost for systems between 2 to 3 kW capacity. The CFA will be capped at 3 kW. At current benchmark prices, this will mean INR 30,000 subsidy for 1 kW system, INR 60,000 for 2 kW systems, and INR 78,000 for 3 kW systems or higher.
Gujarat-based Cosmic PV Power is expanding its solar module manufacturing capacity to 1.2 GW per year with the addition of a 600 MW line. The new line will be equipped for TOPCon modules and will start production by May.
Panasonic Energy India Co. Ltd, the leading dry cells manufacturer in India, is promoting sustainability across the value chain. The company’s facility in Madhya Pradesh now meets 35% of its electricity demand with solar power and recycles 100% of wastewater generated from operations.
NTPC Green Energy Ltd and Maharashtra State Power Generation Co. Ltd have agreed to form a joint venture for the development of gigawatt-scale renewable energy parks in Maharashtra.
The 100 MW solar project will supply electricity to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a 25-year power purchase agreement.
The Solar Energy Corp. of India (SECI) has invited bids to build 1.2 GW of wind-solar hybrid power projects on a build-own-operate basis anywhere in India. The projects must connect to the interstate transmission grid. Bidding closes on March 29.
Prime Minister Narendra Modi launched a green hydrogen fuel cell inland waterway vessel designed, developed and manufactured by Cochin Shipyard. He also inaugurated various other projects aimed at making Tamil Nadu’s V.O. Chidambaranar Port the first Green Hydrogen Hub Port of the country.
Saatvik Solar has installed a 12 MW rooftop solar plant at Jindal Steel and Power Ltd’s plate mill based in Angul, Odisha. The plant uses Saatvik mono PERC 545 Wp solar modules.
Polycab has unveiled three-phase inverters for residential and commercial rooftop solar PV projects. The inverters have a nominal power rating ranging from 5 kW to 30 kW and a maximum efficiency of 98.4%.
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