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Markets & Policy

Solar in 2023

Here are three trends in the solar sector that will gain momentum in 2023, leading to wider PV implementation.

“2022 was an eventful year for solar manufacturing”

pv magazine speaks to Dr Hitesh Doshi, chairman and managing director of Waaree Energies, to know about the progress of solar manufacturing in India in 2022 and the way forward.

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Making the switch to a low-carbon economy

The shift to a low-carbon economy offers both a significant opportunity and a tremendous challenge.

Schneider Electric to double its manufacturing capacity

The company will consolidate six of its existing ten factories in Bengaluru to launch one of its largest smart factories, globally. The new factory will leverage new-age technologies for operational efficiency and reduced cost.

“Govt looking at both supply and demand side drivers for green steel production”

Union steel minister Jyotiraditya Scindia said yesterday the government has put in place a national green steel policy and is looking at both demand-side and supply-side drivers for decarbonizing steel production.

Bhutan signs 600 MW PPA with PTC India

Bhutan will procure up to 600 MW of power from the Indian market to meet its requirement during the dry winter season.

L&T sells stake in L&T IDPL

The Indian multinational EPC provider has sold its 51% stake in L&T Infrastructure Development Projects to a platform backed by Edelweiss Alternatives.

IREDA approves INR 4,445 crore loan to SJVN’s 1 GW solar project

The State-controlled renewable energy and energy efficiency lender has sanctioned its highest loan amount to SJVN Green Energy for development of 1 GW solar project in Rajasthan.

Adar Poonawalla-backed homiHydrogen to set up 1.5 GW electrolyzer fab in India

The $50 million electrolyzer factory is expected to start production in 2023. It will produce all four types of commercially available electrolyzers.

Mahindra to set up INR 10,000-crore EV plant in Pune

The carmaker will invest around INR 10,000 crore ($1.21 billion) over a period of 7-8 years to set up the manufacturing facility for its upcoming Born Electric Vehicles.

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