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MYSUN secures INR 15 crore for rooftop solar expansion

The rooftop solar solutions provider will utilize the funds for its existing and new pipeline of distributed PV projects under its asset vehicle MYSUN+.

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India’s first solar microgrid with MW-scale hybrid energy storage

Indian manufacturer Vision Mechatronics has deployed a lithium-lead-acid hybrid battery storage system coupled with a rooftop solar plant at Om Shanti Retreat Centre (ORC) in the State of Haryana. The 1MWh storage system uses a combination of 614.4 kWh Lithium batteries with a 480kWh tubular-gel lead-acid battery.

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Vikram Solar opens 1.3 GW mono PERC module factory

Vikram Solar has reached an overall module production capacity of 2.5 GW with the opening of a 1.3 GW fab in Chennai. The Chennai facility will produce mono PERC modules with a peak output up to 640 watts.

Grevol to use CATL lithium cells for EV battery packs

The New Delhi-based electric mobility firm has launched electric vehicle (EV) battery packs using lithium-ion cells from China’s Contemporary Amperex Technology Co. Ltd. (CATL).

AIIB approves US$50 million for Enel Green’s 300 MW solar project 

Italy’s Enel Green Power is developing the solar project in the Bikaner district of Rajasthan. The total project cost is approximately US$200 million.

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Larsen & Toubro secures transmission line, substation orders

The Indian multinational EPC contractor has been awarded significant power transmission and distribution contracts in Ladakh and Ayodhya, in addition to overseas projects in Saudi Arabia, Africa and Thailand.

One Nation, One Grid, One Price

The Indian power sector is set for a revolution with the proposed market-based economic dispatch (MBED) mechanism. MBED aims to establish a uniform pricing framework that prioritizes the least cost and most efficient generators while backing down more expensive ones, thereby creating a national merit order.

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Rayzon Solar to add 1.2 GW of mono PERC module capacity

The Gujarat-based manufacturer is scaling its production lines up to 1.5 GW with the addition of 1.2 GW of mono PERC output capacity by the end of December. The new line will produce up to 600Wp panels with an efficiency of 21.4%. 

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Tata Power to set up EV charging stations at HPCL petrol pump stations

Tata Power owns an expansive network of over 500 public electric vehicle chargers in 100+ cities across India. Partnering with HPCL allows it to further expand its base in line with the Indian government’s National Electric Mobility Mission Plan to promote electric mobility.

India’s renewable energy subsidies fell nearly 45% since their FY 2017 peak

A new report finds that renewable energy subsidies in India fell by 45% from INR 15,470 crore (US$2074 million) in the fiscal year (FY) 2017 to INR 8,577 crore (US$1150 million) in FY 2020. 

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