Waaree lands 300+ MW solar module supply deal
The deal follows 50 MW of orders completed recently for another American developer. Encouraged by the demand, Waaree plans to strengthen its base in the USA by opening a local office in California shortly.
Adani now the world’s largest solar power developer
India’s largest private-sector thermal power producer—which ranked as the sixth-largest solar player globally in 2019—has climbed to the top spot following a Solar Energy Corporation of India (Seci) award to develop 8 GW of Indian solar project capacity.
Mahindra & Mahindra forms a new solar subsidiary
Martial Solren Private Limited has been incorporated in Mumbai as a wholly-owned subsidiary of solar EPC business Mahindra Susten.
BHEL seeks hybrid solar inverters for Nigerian project
September 10 is the last date to submit bids for supply, installation, and commissioning of hybrid solar inverter-cum-charge controllers of ratings 5 kVA (193 quantities), 10 kVA (32), and 15 kVA (5). All the inverters are to be delivered by November 12.
Scaling up solar manufacturing in India
A new study by CEEW Centre for Energy Finance assesses the competitive advantage that China has over India and presents a suite of short-term and long-term interventions required for a globally competitive solar manufacturing sector in India.
IEEFA: Why India can’t match the Gulf region’s record-low solar tariffs
India’s solar tariffs—whilst some of the lowest in the world—are almost double the Gulf region’s US¢1.35-1.80/kWh.
Developers want customs duty on solar panels deferred
The Solar Power Developers Association (SPDA) said one-year safeguard duty extension had already resulted in escalated capital costs. Any additional tariff barriers would jeopardize the Government’s ‘100 GW by 2022’ target.
Sprng Energy buys 165 MW of solar modules from China’s Risen
During the financial year 2019-20, Chinese manufacturer Risen was the second-largest PV module supplier to Indian solar installations, accounting for around 9.9% of the overall shipments.
Loom Solar eyes Rs 100 crore turnover by FY21
The monocrystalline solar panel and AC module maker, has, on average, achieved a ten times revenue growth year-on-year since its inception. It now aims to generate over Rs 100 crore revenue by the end of FY 2021—a 300% increase within a year.
Greenko, NTPC sign MoU for round-the-clock power supply
Hyderabad-based RE developer Greenko Energies, which is developing over 40 GWh of pumped hydro storage projects in India, has partnered with NTPC to develop round-the-clock power supply solutions by integrating renewable energy sources and pumped storage.
