The analysts said solar projects continue to have stable operations, adequate debt service coverage, and comfortable internal liquidity. The fall in module prices over the six months ended February 2023 is positive for under-construction projects.
Adani Group has committed to building 15 GW of renewable power projects in Andhra Pradesh, while Reliance announced its 10 GW solar plans for the state. Avaada, Greenko, Indosol, and ReNew have also pledged massive investments into the state’s renewables sector.
Jindal Stainless will install 21 MWp and 6 MWp rooftop solar plants at its stainless-steel manufacturing complexes in Odisha and Haryana, respectively.
The Lakadia-Vadodara transmission project will deliver more than 5 GW of power from the wind and solar energy zones of Bhuj and Kutch in Gujarat to the rest of India.
Reliance Industries Ltd will invest in building 10 GW of solar energy generation capacity in the state of Andhra Pradesh. It has also applied for 6 GW of poly-to-module capacity under the second round of the production-linked incentive (PLI) scheme for solar manufacturing which received bids from eleven companies in total.
The plant marks Amplus Solar’s first wind and solar hybrid project. It will supply power to commercial and industrial consumers in Tamil Nadu under open access.
The installed renewable electricity generation capacity in Madhya Pradesh surged to 5,875 MW as of Dec. 31, 2022, from 491 MW ten years ago.
Aurora Solar offers guidelines to make the most of a solar installation by avoiding losses.
Israel-based Airtouch Solar has signed a $3 million deal with Indian developer ReNew for the supply and maintenance of PV panel cleaning robots.
Kärcher, a German company with expertise in cleaning solutions for all industries, has introduced its PV panel-cleaning solutions focusing on the pain points of the Indian solar sector. The range includes high-pressure cleaners, water-driven disc brushes, cleaning detergents, and even safety gear for operation and maintenance professionals.
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