A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.

The company’s solar arm is planning a 4 GW integrated solar PV manufacturing unit with an investment of around INR 3,000 crore (US$403 million).

The company has signed a memorandum of understanding with the state government to invest INR 1,200 crore for the design, development and manufacturing of new products and capacity expansion in the electric vehicles space.

The New Delhi-based solar products manufacturer will install and commission off-grid solar PV power plants in government office buildings in the Indian State of Uttar Pradesh.

The Indian solar manufacturer and EPC contractor has chosen KSL Cleantech as the channel partner for the retail distribution of its solar panels in the eastern and northeastern markets of India.

The renewable energy developer is ready to invest INR 18,000 crore (US$ 2414.29 million) in setting up a 50 kilotonne per annum green hydrogen production plant in the State. 

The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance.

The US-based startup, which has a battery production plant in Greater Noida, has landed a deal to supply its swappable lithium-ion battery technology to Hyderabad-based Rap Eco Motors.

The Haryana-based solar technology startup has announced it has deployed rooftop solar solutions for over 50,000 residential customers across India within four years of its operation.

Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.