Highlights

Solarpack (Anboto Solar), Apraava Energy, Avaada and ReNew have emerged winners in NTPC’s 1.5 GW solar PV auction.

Emmvee Photovoltaic will supply 300 MWp of bifacial mono PERC panels for KPI Green Energy’s solar park in the Khavda village of Gujarat.

Juniper Green Energy has signed an agreement with the state government of Gujarat to establish 1 GW of wind and solar projects in Gujarat with an investment of INR 8,000 crore ($961.75 million).

Sanjiv Aggarwal, who has worked with sustainable infrastructure investor Actis, has joined National Investment and Infrastructure Fund Ltd (NIIFL) as chief executive officer and managing director.

Germany’s Fraunhofer Institute for Machine Tools and Forming Technology (Fraunhoer IWU) has developed a new online tool to calculate the size of rooftop solar arrays, heat pumps and batteries.

Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.

Cleantech Solar will develop 150 MW of solar PV and 16.8 MW of wind-generating assets in Tamil Nadu, supplying around 7.3 GWh of clean electricity to First Solar’s new 3.3 GW vertically integrated solar manufacturing facility in the state. The solar component of the project will utilize First Solar’s India-made Series 7 modules.

Erisha E Mobility will invest INR 6,900 crore in setting up an electric vehicle park, charging infrastructure, and green hydrogen production facilities in Gujarat.

Advait Infratech will invest in the manufacturing and assembly of fuel cells and electrolyzers in Gujarat. Waaree will set up a green hydrogen/green ammonia production facility along with hybrid (solar, wind) renewable energy generation.

Torrent Power will invest INR 47,350 crore (around $5.7 billion) in green hydrogen and green ammonia production, solar and hybrid power generation, and power distribution in Gujarat.