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Fitch assigns Adani Green’s proposed USD notes ‘BBB- (EXP)’ rating with Stable outlook

Fitch Ratings has assigned Adani Green Energy Ltd Restricted Group 1’s proposed $409 million senior secured notes due 2042 an expected rating of ‘BBB-(EXP)’ with a stable outlook.

Waaree Energies secures 280 MW bifacial solar modules contract with Mahindra Susten

Waaree Energies has secured the contract to supply 280 MW of its AHNAY Series 545 Wp bifacial glass-to-glass solar modules to Mahindra Susten.

JSW Energy secures LoA for 700 MW solar capacity from SJVN

JSW Neo Energy has secured the letter of award for setting up 700 MW of solar capacity on a build-own-operate basis and supplying the power under a 25-year PPA with SJVN.

Nova Solar expanding PV module manufacturing capacity to 1.2 GW

Nova Solar (Novasys Greenergy) will reach a PV module production capacity of 1.2 GW per year with the commissioning of new stringer machines by mid-April.

Malaysian utility to build 2.5 GW of hybrid hydro-floating solar

Tenaga Nasional Berhad, a Kuala Lumpur-based utility, says it plans to install floating solar farms at its hydropower facilities. It targeting 2.5 GW of capacity to support Malaysia’s National Energy Transition Roadmap.

Meyer Burger prepares to shut down plant in Germany

Swiss solar panel maker Meyer Burger will seek shareholder approval for a rights issue of as much as CHF 250 million ($284 million) to finance the completion of its US manufacturing facilities in Colorado and Arizona.

Triple-junction perovskite–perovskite–silicon solar cell achieves record-breaking efficiency of 24.4%

Developed by scientists in Germany, the triple-junction cell is based on a perovskite top cell with an energy bandgap of 1.84 eV, a perovskite middle cell with bandgap of 1.52 eV, and a silicon bottom cell with a bandgap of 1.1 eV. The device achieved an open-circuit voltage of 2.84 V, a short-circuit current of 11.6 mA cm–2, and a fill factor of 74%.

SJVN secures 300 MW solar power usage agreement with Jammu & Kashmir Power Corp. Ltd

SJVN Green Energy Ltd will supply 300 MW of solar power to Jammu & Kashmir Power Corp. Ltd from its under-construction 1 GW PV project in the Bikaner district of Rajasthan.

Jindal Steel & Power commissions 3.25 MWp building-integrated solar roof in India

SG Ornate Solar Solutions built the 3.25 MWp in-roof solar plant above the SSD-5 steel cold forming unit of Jindal Steel & Power Ltd (JSPL) in Angul, Odisha. The plant is spread across an area of 2,00,000 sq.ft. 

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Gensol Engineering secures 422.5 MWp of solar projects

Gensol Engineering has secured the EPC contracts for a 350 MW DC solar power project in Rajasthan and a 72.5 MW DC PV plant in Maharashtra.

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