India renewable growth story to continue to shine
Renewable capacity addition is expected to remain at around 15-17 GW annually, owing to significant reduction in the module prices over the past 12 months and availability of liquidity.
Financing the MSME sector to power India’s renewable energy goals
India has already seen several success stories where innovative financing has empowered MSMEs in the renewable energy sector. For instance, the Indian Renewable Energy Development Agency (IREDA) has launched schemes specifically designed for MSMEs. These schemes offer concessional loans and financial assistance, making it easier for MSMEs to undertake renewable energy projects.
Solarpack secures 25-year PPA for 482 MW wind-solar hybrid project in Gujarat
The 482 MW hybrid project, consisting of 383 MW of solar and 99 MW of wind capacity, will come into operation in 2026.
$89 billion worth of investments likely to flow into the C&I RE sector in India by 2030
An additional 120 GW of C&I RE capacity is required to be set up by 2030 for India to attain its solar and wind target of 420 GW by 2030. This translates to US$89 billion worth of investments flowing into the sector between 2024 and 2030.
Polysilicon price plunge sparks industry turmoil: Can India gain?
Lower polysilicon and wafer prices are providing some relief to solar cell and module producers, although the entire supply chain is grappling with excess capacity and intense price competition.
Cliantech to supply 1.2 GW automated production line for Alpex Solar
Cliantech Solutions will install a 1.2 GW fully automated solar panel manufacturing line for Alpex Solar’s new facility in Mathura, Uttar Pradesh. Equipment suppliers include Gaorun, Visual, Asicpy, and HSPV.
Winaico presents bifacial 435W TOPCon module with 22.30% efficiency
Taiwanese manufacturer Winaico said its newest bifacial, n-type, glass-glass TOPCon compact modules are available in a 435 W aluminum-framed version, and a 430 W full-black version. The module efficiency is up to 22.30%.
BluPine Energy signs PPA with Dalmia Cement for 46.87 MWp solar plant
The solar plant will help reduce manufacturing costs and increase energy efficiency for Dalmia Cement.
Green hydrogen hubs: Unfolding India’s potential
Hydrogen hubs, which are organised areas where production and utilisation facilities are closely linked, can make green hydrogen projects more viable. This cluster-based approach addresses the technical, logistical, and commercial challenges of long-distance hydrogen transport, enhances project viability, and allows for economies of scale and concentrated infrastructure.
Vibrant Energy promotes Vinay Pabba to CEO
Vinay Pabba, who is currently Vibrant Energy’s chief operating officer, will shortly be taking up the role of chief executive officer (CEO).
