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Markets & Policy

Trina launches 670W Vertex solar module and tracking systems in India

The Chinese solar manufacturer has launched the 670W Vertex solar module in India that offers an efficiency of up to 21.6%. It has also fielded two models of panel tracking solutions from its TrinaTracker business. 

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UK’s Power Roll signs up Thermax to manufacture solar films in India

The UK-based flexible solar film developer is expanding into the Indian market with Thermax as its market development and manufacturing partner. 

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CSC partners Tata Power on installation of solar-powered microgrids and water pumps

Tata Power brings technology and financial strength to set up the distributed, small-scale solar power systems in rural areas and provide round-the-clock power supply to households and businesses. CSC brings to the partnership village-level entrepreneurs to provide quick, low-cost service support. 

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ReNew Power’s US$ 585-million green bonds list on India INX

The renewable energy producer plans to utilize the capital raised to repay outstanding debt. The bonds, with a maturity period of 7.25 years, carry a 4.5% per annum rate.

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Implementing time-of-use tariff for peak load management

Time-of-use (ToU) tariff can be applied to encourage domestic and industrial consumers to shift their electricity usage to non-peak hours, thereby reducing the system’s load during peak periods. A new study examines the feasibility of the ToU tariff policy in the state of Gujarat. It also suggests a framework and effective roadmap for the utilities to understand the procedure and required infrastructure to implement ToU. 

Amplus acquires rooftop solar projects from Sterling and Wilson

The Gurugram-headquartered distributed solar energy company has acquired Sterling and Wilson’s 7.2 MWp of on-site rooftop solar projects across seven Indian states.

SwitchON, PNB sign MoU for solar pump financing

Under the partnership, the West Bengal-based not-for-profit organization shall set up a guarantee fund to facilitate the financing of solar pumps for unbankable small and marginal farmers without having to offer any collateral.

Larsen & Toubro secures 1.5 GW solar EPC order in Saudi Arabia 

The 1.5 GW Sudair Project is Saudi Arabia’s largest solar plant with power purchase agreement signed. It is also one of the world’s largest PV plants.

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The long read: The feasibility of India’s solar auctions

The offtaker’s creditworthiness, the ease of land acquisition, infrastructure readiness, policy consistency and clarity, and access to low-cost funds are among the key determinants for the success of large-scale PV auctions in India, writes Uma Gupta in New Delhi.

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Ashok Leyland’s Switch Mobility signs up Siemens for electric mobility solutions

Siemens will provide smart charging infrastructure solutions for Switch Mobility’s commercial electric vehicle customers in India. It will also collaborate on implementing innovative business models such as eMobility-as-a-Service, Vehicle-to-Grid, and on-site/off-site renewable energy sources by leveraging batteries from commercial vehicles. 

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