First half 2023 total solar corporate funding increased 54% year-over-year
According to Mercom’s Solar Funding report almost 25.5 GW of solar projects were acquired in the first half of the year, totaling $18.5 billion.
Bright prospects ahead for corporate solar market
In an exclusive article for pv magazine, Bridge To India provides a quick look at the key drivers and outlook for the corporate solar market in India.
Fourth Partner Energy commissions its first wind-solar hybrid project
The 70 MW wind-solar hybrid plant in Gujarat will supply clean electricity to corporate clients in New Delhi and Hyderabad.
CleanMax commissions 400 MW wind-solar hybrid plant for C&I offtake
The 400 MW wind-solar plant, located in Gujarat, is purportedly India’s largest single hybrid project for offtake by the commercial and industrial (C&I) sector.
JSW Energy targets 40 GWh/5 GW of storage capacity by 2030
JSW Energy targets to become a 20 GW power generation company along with 40 GWh/5 GW of energy storage by 2030. It is also investing in solar manufacturing and green hydrogen production.
Weekend Read: It’s time to get Sirius
In a bid to avoid costly grid augmentation, Spanish electric vehicle (EV) charger supplier Wallbox has designed a multi-layered energy intelligence solution – proving that necessity is the mother of invention.
Oriana Power looks to raise up to INR 60 crore through IPO
The Noida-based commercial and industrial solar developer will use the proceeds for working capital, ‘Resco mode’ project capex, and technology upgradation requirements.
Saatvik Green secures EPC contract for 12 MW rooftop solar
Saatvik Green Energy will build the 12 MW rooftop solar project for a steel conglomerate in Orissa. It will use 545 Wp mono PERC panels for the plant spanning 25,522 sq.m.
India will add 45 GW of renewable energy capacity over next two fiscals, says CareEdge Ratings
India will install around 20-25 GW of new renewable energy capacity annually over the next two fiscals, driven by a healthy project pipeline and a strong bidding roadmap. The decline in solar module prices and one-year relaxation for the approved list of module manufacturers (ALMM) bode well for the capacity addition.
Solar module prices, auction volumes, and the outlook for capacity addition
Timely scale-up in tendering activity and moderation in solar PV cell and module prices, if sustained, would support improvement in capacity addition in the renewable energy sector.
