India needs 36% YoY increase in annual solar capacity additions to reach FY 2027 target of 186 GW
India needs to ramp up its annual solar capacity additions by 36% year-on-year to reach an installed PV base of 185.6 GW by FY 2027, targeted under 14th National Electricity Plan. The nation installed 66.7 GW of PV capacity as of March 31, 2023, with 12.9 GW added in FY 2023.
TP Solar places $22.6 million equipment order with RoboTechnik
Tata Power’s step-down arm TP Solar, which is setting up a 4.3 GW PV cell and module fab in Tamil Nadu, has placed an industrial automation equipment order with RoboTechnik.
Solar wafer prices fall for first time in 3 months
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Amara Raja Batteries is now Amara Raja Energy & Mobility
Amara Raja Batteries has changed its name to Amara Raja Energy & Mobility as it directs its focus to becoming a comprehensive solutions provider in the energy and mobility space.
Sterling and Wilson wins 300 MW solar EPC project from NTPC
Sterling and Wilson Renewable Energy Ltd has secured its third solar EPC contract from NTPC REL in Khavda RE Power Park of Gujarat. The contract price, including three-year operation and maintenance, would be INR 1,535 crore (around $185 million).
JSW Cement begins EV trials to reduce carbon footprint in logistics
JSW Cement plans to transition to EV trucks across its manufacturing operations. Toward achieving that goal, it has initiated an EV truck pilot project between its manufacturing operations in Karnataka and Andhra Pradesh.
Brookfield, Axis form second JV to develop renewable energy projects
Brookfield and Axis Energy Ventures had earlier formed a joint venture platform ABC Renewables to develop renewable energy projects. The latest JV will have up to $845 million of equity investment by Brookfield.
Panasonic introduces half-cut HJT residential solar modules
Panasonic unveiled its new residential solar modules – including half-cut heterojunction (HJT) models, along with a home battery system and energy management device – at the recent RE+ trade show in Las Vegas.
France allocates 1.5 GW in ground mounted PV tender
The French government has awarded 129 projects an average price of €0.0824 ($0.0868)/kWh in its latest ground-mounted tender. This represents the largest capacity since the beginning of the tender series held by the French authorities.
Tata Power to set up 41 MW solar plant for 4.3 GW PV cell, module fab
Tata Power Renewable Energy Ltd will set up a 41 MW solar plant to power TP Solar’s upcoming 4.3 GW PV cell and module fab in Tamil Nadu.
