ITC commissions 9.45 MW offsite solar plant for self-consumption
ITC targets to meet 100% of electricity requirements from renewable sources by 2030 as a part of its ambitious Sustainability 2.0 Vision. The new Karnataka solar project will help it reduce CO2 emissions by over 12,000 tonnes every year.
Avaada Energy closes INR 597 crore refinancing for C&I solar projects
Avaada Energy has secured around INR 597 crore ($71.1 million) in refinancing for its commercial & industrial (C&I) solar projects in Karnataka and Maharashtra.
Key takeaways from Renewable Energy India Expo 2024
Solar module manufacturers are quickly ramping up to multi gigawatt-scale capacity to tap the domestic demand. At technology level, TOPCon modules based on 210 rectangular silicon wafer (G12R) cell are taking center stage.
“India will be the fastest-growing renewable energy market among large economies through 2030,” says IEA
The International Energy Agency projects India’s annual renewable energy capacity additions to more than quadruple from 15 GW in 2023 to 62 GW in 2030.
Kärcher to deepen presence in Indian market with tailored cleaning solutions
Kärcher India, the Indian arm of Germany-based cleaning technology company Kärcher, is eyeing the growing demand from large-scale commercial and industrial solar installations in India and also looking to tailor its solutions for residential rooftop solar installations.
Solis unveils new hybrid and grid-tied PV inverters in India
Solis has introduced its 8kW, 15kW, and 50kW high-power hybrid PV inverters, which offer robust energy storage solutions for both residential and commercial use. It also unveiled its 3kW, 5kW, 150kW, and 350kW grid-tied inverters, tailored for residential, commercial, and utility-scale applications.
The solar industry’s freefall: A price war with no end in sight?
The future of the solar industry hangs in the balance as manufacturers, regulators, and market players grapple with a perfect storm of falling prices, rising costs, and a fiercely competitive global landscape.
Gensol Engineering’s solar EPC order book crosses INR 4,000 crore
The order book includes 1.5 GW of solar projects to be executed within a timeline of 12 to 18 months.
Torrent Power to set up 8.5 MWp solar project for offtake by Lakshmi Mills
Torrent Power will set up an 8.5 MWp solar power project for supply of renewable power to the production units of The Lakshmi Mills Co. Ltd (TLMCL) under open access.
Livguard unveils high-frequency solar inverters at REI Expo 2024
Livguard has launched its high-frequency solar inverters that are compact, lightweight, and low-noise.
