Asia’s wind and solar capacity has expanded exponentially at 35% per year since 2015, outpacing RE growth rate in other continents like Europe and North America.

Gensol Engineering will develop a grid-connected, ground-mounted solar plant to supply power to the hydrogen refueling station. Matrix Gas & Renewables Ltd will oversee the engineering, procurement, and commissioning of electrolysers.

Websol Energy Systems is setting up a 600 MW mono PERC solar cell line and plans to scale it to 1.8 GW in the future. It said the new line will start production in January next year.

Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.

The state will launch a tender for 4 GW of solar projects soon, with an additional 3 GW to be auctioned subsequently.

India has installed an overall 72,018 MW of solar capacity as of Oct. 31, 2023. Grid-connected solar rooftops account for 15.38% of the cumulative installations.

The company expects a steady and significant increase in order volumes in the upcoming months of the fiscal year 2024 as numerous state electricity boards have commenced the bidding process to procure smart meters.

Seven developers secured a cumulative 1.184 GW in SJVN auction for the supply of 1.5 GW of firm and dispatchable power. The winning developers will build renewable power projects supplemented with energy storage system to ensure the power supply.

The significant fall in solar module prices over the last six months is positive for under-construction projects.

SJVN has secured a Letter of Intent from Uttarakhand Power Corp. Ltd (UPCL) to purchase 200 MW of solar power from its 1 GW Bikaner project.