India installed about 14 GW of solar in 2022
India installed 13,956 MW of new solar capacity from January to December. This included 11.3 GW of utility-scale PV, about 1.9 GW rooftop, and nearly 700 MW off-grid/distributed.
REIL tenders 50 MW rooftop solar on government buildings
Rajasthan Electronics & Instruments Ltd (REIL) is accepting bids to develop grid-connected rooftop solar plants on government buildings across India. The plants are to be developed under the RESCO model.
REC commits $123 million for renewable energy projects in Madhya Pradesh
The state-owned non-banking finance company has signed a memorandum of understanding with Rewa Ultra Mega Solar Ltd (RUMSL) to provide INR 1,000 crore ($123 million) for the development of renewable energy parks and associated infrastructure in Madhya Pradesh.
Madhya Pradesh to launch three new floating solar projects soon
The state will launch three floating solar projects worth INR 7,500 crore ($919 million). The new projects will be in addition to a 600 MW plant currently under development at Omkareshwar reservoir.
Japan’s MUFG Bank extends INR 450 crore credit facility to Tata Power
The Japanese bank has extended INR 450 crore sustainable trade finance facility for Tata Power’s 220 MW of solar projects in Gujarat and Maharashtra.
Bangladesh offers PPA for 68 MW of solar at $0.102/kWh
The Bangladesh Power Development Board (BPDB) has agreed to buy solar electricity from a 68 MW facility that is now under construction in the country’s Sirajganj district, as part of a new state plan to buy cheap power.
Tata Power to set up India’s first group captive solar plant for a residential society
Tata Power Renewable Energy Ltd will set up a 3.125 MW ‘group captive’ solar plant to supply power to the Vivarea Condominium residential society in Mumbai.
India to add 45 GW of corporate renewables over five years
Bridge To India analysts expect corporates in India to drive 45 GW of renewables capacity addition over the five years ending 2027. Open-access solar will continue to be the dominant source for power procurement.
Trina Solar starts producing 210 mm n-type TOPCon solar cells
Trina Solar says its industrial tunnel-oxide passivated contact (i-TOPCon) solar cells, based on 210 mm wafers, have started rolling off the production line at its 8 GW factory in China. It will use the n-type cells to produce its new Vertex N modules, with power outputs ranging up to 605 W, and an efficiency rating of 22.4%.
JinkoSolar unveils new TOPCon solar products with record efficiency ratings
Chinese module maker JinkoSolar has released three new TOPCon solar panel variants, ranging in power from 445 W to 635 W. The most efficient modules have a rating of 23.23%. The bifacial factor is up to 85% across the three panel types, with a temperature coefficient of -0.29% C.
