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India expected to install more than 20 GW of solar this year: JMK Research

India’s annual solar installations in 2024 will surpass 20 GW, with 15.9 GW of capacity likely to be added in the utility-scale segment and 4.2 GW on rooftops, says a new report by JMK Research.

Panasonic Energy, IndianOil to form lithium battery JV

Panasonic Energy and IndianOil have started discussing the framework for the formation of joint venture to manufacture cylindrical lithium-ion batteries in India. The JV will cater to the battery demand for two- and three-wheel vehicles and energy storage systems in the Indian market.

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Husk Power secures $20 million in debt financing from European Investment Bank

Husk Power will use the fund for the construction of community solar minigrids in Nigeria, installation of rooftop solar for commercial & industrial (C&I) customers, expansion of appliance sales to households and small businesses, and the scaling of value-added services such as agro-processing and e-mobility.

Polish grid operator switches off gigawatts of PV

Polish grid operator Polskie Sieci Elektroenergetyczne (PSE) has announced its third disconnection of renewable energy capacity this year. This time it has initiated the reduction of 1,201 MW to 1,877 MW of PV in response to oversupply.

India added 20.8 GW of solar module, 3.2 GW of cell manufacturing capacity in 2023, says Mercom

India’s cumulative solar module manufacturing capacity reached 64.5 GW and solar cell capacity 5.8 GW as of December 31, 2023.

Luminous opens solar panel factory in Rudrapur

The fully automated solar panel plant with a production capacity of 250 MW is expandable up to 1 GW nameplate capacity.

 

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JA Solar supplies n-type modules for PV project in Bangladesh

JA Solar has started shipping its DeepBlue 4.0 Pro n-type solar modules for a 48 MW PV project in Bangladesh.

India at the forefront of leading the APAC region towards net zero, says a new study

Global management consultancy Kearney surveyed nearly 1,000 business leaders across diverse industry sectors in the Asia Pacific (APAC) region to find how the region is faring in its sustainability efforts and explore the trajectory of sustainability. The study report indicates India’s relatively healthier pace of progress towards global net zero targets than other APAC countries surveyed.

Gensol Engineering appoints CEO for Middle East solar EPC business

Gensol Engineering Ltd has appointed Kapil K Nirmal as the chief executive officer for its solar EPC business in the Middle East region. 

Adani Green switches on 180 MW solar power plant in Rajasthan

Adani Green Energy Ltd has commissioned a 180 MW solar PV plant that benefits from a 25-year power purchase agreement with the Solar Energy Corp. of India.

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