The recent 7.7-magnitude earthquake in Myanmar has disrupted solar wafer production in western China, where about 50% of the country’s wafer capacity is concentrated. Major manufacturers have suspended operations due to equipment failures, raising concerns over supply shortages and higher global solar prices.
ACME Solar Holdings has refinanced its 490 MW of operational renewable energy projects in Andhra Pradesh, Rajasthan and Punjab with long-term debt facility from SBI and REC.
PV Hardware (PVH) has released PVH Terra, a foundation system designed to improve solar plant installation on challenging terrain. The system aims to improve stability in expansive soils, frost-affected areas, and sites with poor geotechnical conditions while reducing costs and environmental impact.
SJVN Green Energy Ltd (SGEL) has operationalized 241.77 MW of 1 GW solar power project in the Bikaner district.
Sterling and Wilson Renewable Energy has secured a 127 MW AC hybrid wind-solar project and a solar project in Rajasthan. It has also emerged lowest bidder for a 200 MW AC (260 MWp DC) solar project in Gujarat.
Larsen & Toubro has won new EPC orders for power transmission and distribution infrastructure in India and Middle East.
Hetvi Construction has received an order from Assam Power Distribution Company Ltd (APDCL) to set up a 125 MW solar project on turnkey basis.
Uttar Pradesh Power Corp. Ltd (UPPCL) has allocated 2 GW of solar capacity to four bidders at tariffs of INR 2.56-2.57/kWh.
ONGC NTPC Green has completed the acquisition of 100% equity stake in Ayana Renewable Power, a renewable energy platform with a portfolio of around 4,112 MW in India.
Adani Green Energy Ltd’s arm Adani Renewable Energy Holding Twelve Ltd will develop 400 MW of grid-connected solar PV projects in Rajasthan to supply power to Uttar Pradesh Power Corp. Ltd (UPPCL) at a tariff of INR 2.57/kWh.
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