India’s solar module manufacturing capacity to hit 100 GW by 2026, says MNRE Secretary
Currently, India has 28 GW of solar PV module manufacturing capacity and 6 GW of cell capacity, said Bhupinder Singh Bhalla, secretary, Ministry of New & Renewable Energy (MNRE).
PHDCCI makes recommendations for fast-tracking India’s National Green Hydrogen Mission
The PHD Chamber of Commerce and Industry (PHDCCI) has recommended nil import duty for electrolyzers until 2030 and zero goods and services tax (GST) for green hydrogen/ammonia. It has also proposed the inclusion of green hydrogen derivatives in the list of activities eligible for carbon credit trading, among other suggestions.
Serentica Renewables secures INR 2,600 crore in debt funding from PFC
The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.
Adani Group forms JV for marketing of green hydrogen in Japanese market
Adani New Industries Ltd (ANIL), an arm of Adani Group, expects to start green hydrogen production from its Gujarat facility by FY 2027.
‘We have not forgotten how China’s unfair trade practices affected our solar industry’: European Commission president
The president of the European Commission, Ursula von der Leyen, said in the 2023 State of the Union Address this week that European solar manufacturers face stiff competition from heavily subsidized Chinese rivals and noted that the bloc is launching an anti-subsidy investigation into electric vehicles from the country.
India’s solar module imports from China fell 76% YoY in H1 2023
India is seeing a large fall in solar panel imports from China as it prioritizes domestic solar manufacturing, finds a study by Ember.
GMR Group secures $298 million smart metering project from UP discom
GMR Smart Electricity Distribution Private Ltd has secured a contract to install, integrate, and maintain smart meters in the Agra and Aligarh zone of Dakshinanchal Vidyut Vitran Nigam Ltd.
Tata Power, SIDBI sign MoU on easy finance for MSME solar
Micro, small, and medium enterprises (MSMEs) can avail SIDBI loans at low interest rates to fund rooftop solar PV plants or associated services from Tata Power or its authorized channel partners across India.
Goldi Solar, Desert Technologies to collaborate on PV manufacturing
Goldi Solar will work alongside Desert Technologies (DT) to localize a significant part of the renewable energy value chain in the Kingdom of Saudi Arabia.
NTPC, Nayara Energy sign MoU on green hydrogen production
NTPC Green Energy Ltd (NGEL) will collaborate with Nayara Energy, an oil refining and marketing company, to produce green hydrogen for Nayara Energy’s captive usage.
