India has installed 42.3 GW of cumulative grid-connected solar capacity, with additions led by Karnataka (7,409 MW), Rajasthan (6,581 MW), and Gujarat (5,132 MW).
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
A survey conducted among top executives in the renewable energy industry elicited positive feedback on most fronts, including government policies, demand for renewable power as well as land.
If built, the project would be the world’s largest floating PV power plant and would reach the same capacity as the largest ground-mounted facility currently in operation.
The state-run producer has secured two projects of 220 MW and 105 MW at the Shajapur Solar Park, at a tariff of INR 2.33/kWh (US$ 0.031/kWh) and INR 2.35/kWh (US$ 0.032/kWh), respectively.
The New York-headquartered solar racking solutions provider is opening an India office with an eye on business development, engineering, and manufacturing support. The company has more than 12 GW of projects either operating or under development across the world.
The rooftop solar solutions provider will utilize the funds for its existing and new pipeline of distributed PV projects under its asset vehicle MYSUN+.
Indian manufacturer Vision Mechatronics has deployed a lithium-lead-acid hybrid battery storage system coupled with a rooftop solar plant at Om Shanti Retreat Centre (ORC) in the State of Haryana. The 1MWh storage system uses a combination of 614.4 kWh Lithium batteries with a 480kWh tubular-gel lead-acid battery.
Italy’s Enel Green Power is developing the solar project in the Bikaner district of Rajasthan. The total project cost is approximately US$200 million.
The Indian multinational EPC contractor has been awarded significant power transmission and distribution contracts in Ladakh and Ayodhya, in addition to overseas projects in Saudi Arabia, Africa and Thailand.
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