Cipla expands captive renewables plants in Maharashtra, Karnataka
Pharmaceutical supplier Cipla says it has started operating an additional 16 MW of capacity at its 30 MW captive solar plant in Maharashtra. It has also switched on a hybrid captive plant in Karnataka, featuring 9 MW of solar and 2.7 MW of wind.
India installed 456 MW of rooftop solar in Q1
India’s rooftop solar installations increased by 34% year on year in the January-March period, despite a 17% increase in system costs.
The long read: China’s PV industry reaches new heights
Against all odds, China’s gross domestic product grew by 8.1% in 2021, up 5.8% year on year. Electricity consumption grew by 10.3%, up 7.2%. Taking this into account, it’s no surprise that China’s PV industry also reached new heights. Frank Haugwitz, the founder of the Asia Europe Clean Energy (Solar) Advisory (AECEA), takes a closer look at what is still by far the world’s largest PV market.
Acme Group signs MoU with Japan’s NYK for ammonia shipping
The Indian sustainable energy company has signed an agreement with the Japanese ship operator to transport green ammonia from its projects to customers globally.
Waaree gets NCLT nod for Indosolar acquisition
India’s National Company Law Tribunal (NCLT) has approved Waaree’s acquisition of Indosolar, in a deal that will expand its planned PV cell production capacity from 4 GW to 5.4 GW, while complementing its upcoming foray into module manufacturing.
Analyst predicts extent of rise in this year’s solar capital costs
Wood Mackenzie this week made a slew of predictions for the industry in 2022 and noted the effects the US’ recently announced anti-circumvention investigation is already having on utility scale plans.
Solar developers buying up land in Bangladesh
A shortage of suitable sites is prompting companies to buy up land before deciding on the specifics of project construction, as a junior minister stated more solar is likely to be waved through by 2025.
Solar tariffs to rise 21% over the next 12 months
Solar tariffs will likely increase to INR 2.95 ($0.039)/kWh in the next 12 months, mainly due to the 40% basic customs duty on imported solar modules.
India added 3 GW of solar in the first quarter
The solar capacity addition was led by Rajasthan, which accounted for 52% of 2022’s first quarter PV installations.
GreenPowerMonitor provides tech for solar-plus-storage project in Gujarat
Mahindra Susten has selected GreenPowerMonitor’s power plant controller and energy management system for a 6 MWp solar array and 15 MWh battery storage installation. The project will supply 24/7 power for the town of Modhera, Gujarat.
