Utility Scale PV

India added about 6.5 GW of new utility-scale solar capacity in the Jan.-Dec. period of 2023. Capacity addition from rooftop installations was 3 GW. Around 500 MW was installed in the off-grid/distributed solar segment.

The temple town of Ayodhya’s 40 MW solar plant will become fully operational by March 2024. In rooftop PV, a total capacity of 1,073 kW has been established on residential, commercial, and industrial buildings in the city. Solar-powered boats, water kiosks, and streetlights showcase Ayodhya’s dedication to harnessing solar energy across diverse sectors.

Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.

IndiGrid has executed the share purchase agreement to acquire ReNew Solar Urja Pvt Ltd from ReNew Solar Power, which operates a 300 MW (AC) solar project in Rajasthan. The acquisition is to be done a total enterprise value of INR 1,650 crore ($199 million) including net working capital and cash.

Sunsure Energy has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to develop 300 MW of solar and 200 MW wind power projects with a cumulative investment of INR 3,150 crore.

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).

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.

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.