Emmvee to set up 3 GW solar cell and module factory in Karnataka
Coming up at Dobaspet town in Karnataka, this will be Emmvee’s second solar manufacturing investment in the Indian State after the existing 500 MW module plant.
Consultancy sought for India-funded 100 MW solar plant in Bangladesh
The majority of the finance for the $177 million, Jamuna river project will be provided in the form of soft loans from the Indian government and officials are reportedly already planning a second 100 MW facility with a Chinese firm on nearby land.
Rate of commercial and industrial solar installation fell 34% in the second quarter
India’s commercial and industrial solar segment saw just 332 MW of generation capacity added in the April-to-June period, compared to 501 MW in the first three months of the year, as lockdowns in multiple states slowed installation activity.
Pixon unveils 375-410 Wp half-cut modules with 20.4% efficiency
The Indian solar manufacturer has unveiled mono PERC half-cut-cell modules with output ranging from 375Wp to 410 Wp. The five-busbar modules can be used in all installations including off-grid, residential, commercial and industrial, and utility-scale.
Vector Green raises INR 14 billion for operating solar assets
The Mumbai-based renewable power producer has raised the long-term, non-recourse debt from the Indian Renewable Energy Development Agency Ltd (IREDA). It shall use the amount to finance its operating solar projects in Punjab, Andhra Pradesh, and Telangana.
Panasonic launches 5 kW fuel cell system for commercial applications
The system has dimensions of 834×417×1,766 mm and weighs 205 kg including the design panel. It achieves an electrical efficiency of 56% and can be connected with a hot water storage unit.
ICRA improves energy demand outlook for FY2022
The ratings agency expects the energy demand in FY 2021-22 to grow by 8-8.5%. While the increased energy demand will improve the thermal plant load factor (PLF) level, this sector outlook remains negative as the PLF level will remain below 60%.
Solar tile with 14.2% efficiency from Denmark
Dansk Solenergi ApS has developed a 13.6 kg tile that can be used for both new buildings and building renovation. The device is currently being produced in Denmark, where the company operates a 40 MW line.
Adani concludes India’s largest renewables M&A transaction
Adani Green Energy has completed the acquisition of 5 GW of solar and wind assets from SB Energy India for $3.5 billion, marking the largest renewables M&A deal in the country. The acquisition swells Adani’s operational capacity by 46%.
The long read: First Solar goes to India
First Solar has announced plans to establish a new 3.3 GW manufacturing facility in India. Representing an investment of $684 million, the move demonstrates the thin-film PV manufacturer’s confidence in India’s solar growth and the increasingly favorable policy environment for domestic solar PV production.
