Avaada Energy, SAEL, and Welspun Renewable Energy have emerged winners in Gujarat Urja Vikas Nigam Ltd’s tender for 250 MW of grid-connected solar capacity with greenshoe option of additional 250 MW.
Waaree Energies has become the first Indian solar PV manufacturer to achieve EcoVadis Gold Medal, joining top 5% of global companies in ESG Excellence.
Clean Max Enviro Energy Solutions will set up a 16.50 MW captive wind-solar hybrid power project for offtake by chemical manufacturer Aarti Industries.
State-owned coal miner Singareni Collieries Co. Ltd (SCCL) will develop a 1.5 GW solar park in Rajasthan through a joint venture with state power utility Rajya Vidyut Utpadan Nigam Ltd (RVUNL).
As India advances toward its Vision 2047 goals, solar module and cell manufacturing must be at the heart of the renewable energy strategy. While policy interventions like ALMM and production-linked incentives have laid a strong foundation, the next phase requires intensifying domestic raw material manufacturing and supply chains, scaling solar cell production with novel technologies, developing a skilled workforce to support advanced manufacturing, and elevating export competitiveness through quality certifications and trade agreements.
Indian PV manufacturer Vikram Solar will launch a 1 GWh fully integrated solidstate cell and battery facility, expandable up to 5 GWh.
Non-vanilla technologies, such as wind-solar hybrids and battery energy storage, accounted for half of the utility-scale renewable energy capacity tendered in 2024.
Lohum stated its new lithium refinery will have the capacity to produce 1,000 metric tonnes annually.
The annual solar additions are projected to further improve to 42 GW in FY 2026 and 46 GW in FY 2027, with residential rooftop segment driving expansion.
Textile major RMP Group will deploy Voltanova’s thermal energy storage system for its industrial operations.
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