Avaada Group signs INR 36,000 crore MoU with Gujarat govt to set up 5 GW solar, 1 GW wind, 5 GWh BESS projects
Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore.
Crompton enters rooftop solar segment with first major order worth INR 52 crore
Crompton Greaves Consumer Electricals Ltd (Crompton) has secured a solar rooftop order worth INR 52 crore in Telangana, marking its entry in this segment. The move aligns with the company’s broader strategy to significantly expand its total addressable market (TAM) from INR 75,000-1 lakh crore to INR 2 lakh crore.
Eighth Assembly of International Solar Alliance scheduled from Oct. 27-30 in New Delhi
The International Solar Alliance (ISA) Assembly will focus on four key areas: catalyzing finance for solar projects, building global capability centres and advancing digitization, enhancing regional and country-level engagement, and developing technology and policy roadmaps.
Rajasthan’s 1 GW/2 GWh battery storage tender sets new tariff benchmark at $1,999.45/MW/month
Eleven companies emerged as winners, most of them new entrants to the battery energy storage system (BESS) space. The awarded capacities ranged between 50 MW/100 MWh and 200 MW/400 MWh.
Cooling PV panels with stagnant water layer
Researchers have developed a stagnant water layer cooling concept and tested it using seawater, tap water, and desalinated water. The panel temperature decreased by up to 8.2 °C, while power output increased by approximately 28%.
Germany wraps up solar-plus-storage tender with average price of €0.0531/kWh
Germany has concluded a new renewables tender for innovative projects, securing 485 MW of capacity at final prices ranging from €0.0479 ($0.0557)/kWh to €0.0559/kWh
Sembcorp to acquire ReNew’s 300 MW solar assets in Rajasthan
Sembcorp Industries has announced the signing of an agreement to acquire ReNew’s 300 MW solar power asset in Rajasthan. The acquisition, valued at around S$246 million, will increase Sembcorp’s gross renewable energy portfolio in India to 6.9 GW.
Eastman launches ‘Solar Access LIB’ inverter with integrated lithium battery
Eastman Auto & Power Ltd has launched Solar Access LIB, an all-in-one, plug-and-play unit that integrates an inverter with a lithium-ion battery to simplify solar adoption for homes and businesses.
Scientists develop new floating box array for offshore PV
Researchers have tested a 9 x 11 floating box array for offshore photovoltaics in a large wave flume, under regular and irregular wave sequences. They have placed wireless gyroscopes on three of the boxes, representing the front, middle, and rear positions.
Saatvik Green Energy secures orders for solar PV modules worth more than INR 700 crore
Saatvik Green Energy Ltd has received orders to deliver high-efficiency solar modules worth more than INR 700 crore to projects in the Indian renewable energy market. The modules are set for delivery within FY 2025–26.
