India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. 

Cliantech Solutions will supply and execute 600 MW turnkey PV panel production line for Dubai-based Magnus Green Solar.

India installed an impressive 17.4 GW of new solar capacity in 2022, retaining its third spot in annual PV capacity addition globally.

The Indian manufacturer is launching n-type TOPCon solar modules for residential, commercial and industrial, and utility-scale markets at Intersolar Europe 2023. It is offering these modules in all black, silver frame, glass-to-glass bifacial, and light-weight bifacial variants.

The company has secured the EPC contract for a 6.5 MW DC (5 MW AC) solar power project in Chhattisgarh.

The selected bidders will set up grid-connected solar projects anywhere in Punjab to supply the power.

Indian developer Amp Energy has secured up to $250 million in growth capital from Japan’s Sumitomo Mitsui Banking Corp. (SMBC), UK’s Intermediate Capital Group (ICG), and China’s Asian Infrastructure Investment Bank (AIIB).

Maruti Suzuki India has started building a new 20 MWp solar plant at its Manesar factory and a 1.85 MWp capacity at R&D Centre, Rohtak. 

The state-owned power producer is seeking consultants to evaluate the feasibility of developing floating solar PV plants on reservoirs of different States and union territories in India. 

NHDC is constructing a 525 MW pumped storage power project near Indira Sagar Dam to meet the peak-hour energy demand of Madhya Pradesh.