Avaada Group raises $1.07 billion for green hydrogen, ammonia ventures
Avaada Group has secured $1.07 billion to fund its green hydrogen and green ammonia ventures in India. The funding includes $1 billion from Brookfield Renewable and $68 million from Global Power Synergy Public Co. (GPSC).
IREDA reports record profit in FY 2022-23
Indian Renewable Energy Development Agency Ltd. (IREDA) recorded an all-time high annual net profit of INR 865 crore in FY 2022-23. The profit was up 36% over FY 2021-22. Loans sanctioned and disbursed also hit record levels.
SJVN tenders BoS package for 100 MW solar in Gujarat
SJVN Green Energy has invited bids to install and commission a 100 MW (AC) grid-connected solar plant on a turnkey basis in Gujarat. The contractor’s scope also includes three years of comprehensive operation and maintenance of the solar plant.
Cosmic PV Power builds 600 MW solar module factory
The Indian manufacturer expects to start production from its second factory by June this year, bringing its total solar panel manufacturing capacity to 850 MW.
Biden to maintain US solar tariff pause with veto
US legislators are moving to restore tariffs for the shipment of solar components from four major Southeast Asian nations, but US President Joe Biden will veto the move and maintain the pause on tariffs.
Solis unveils hybrid inverters for rooftop applications
Solis has released a new line of hybrid inverters in five different power output versions, ranging from 3 kW to 8 kW. The hybrid inverters can be used with either lithium-ion or lead-acid batteries, with a maximum charging and discharging current of 190 A.
Goldi Solar to showcase HELOC Pro Mono module at RenewX
The Gujarat-based solar manufacturer will showcase the HELOC Pro series of mono PERC PV modules built with made-in-India cells at the upcoming RenewX trade expo in Hyderabad.
SECI recorded over 59% jump in RE power trading volume during FY 2022-23
Solar Energy Corp. of India Ltd (SECI) traded over 35 billion units of renewable power during FY 2022-23. Revenue from power trading surpassed INR 10,000 crore.
Sunsure Energy commissions 21.3 MWp captive solar plant for INOX Air Products
The open-access solar plant in Uttar Pradesh will supply green power to INOX Air Products’ units in the state.
Polysilicon prices fall 1.33% to six-week low of $37.218/kg
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.
