Tata Power to deploy 500+ EV charging points across IndianOil retail outlets
Tata Power EV Charging Solutions will install fast and ultra-fast electric vehicle (EV) charging points at IndianOil retail outlets in major cities as well as across major highways in India.
India imported solar PV panels worth $1,136.28 million in H1 FY 2024
India’s solar panel imports in the April-Sept. period of FY 2024 surpassed the value of panels imported in the twelve months of FY 2023. Cell imports have also increased considerably year-on-year, with H1 FY 2024 value touching $1,005.07 million.
Bangladesh approves 1.5 GW of solar
Bangladesh has approved more than 1.5 GW of solar projects over the past seven months, with recent developments including tariffs for 200 MW in November and 310 MW in October.
China: Polysilicon prices continue to fall
Polysilicon prices fell by as much as 0.63% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).
Lenders choose renewables over coal for second year in a row
In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding.
Wires and cables in the solar industry
The solar industry growth has accelerated the demand for wires and cables in India. Since solar cables are key in transmitting power from the PV panels to the system, it is essential to invest in the best-suited type of solar cable that meets stability and safety norms.
TERI recommendations to accelerate pumped storage development in India
A new report by TERI recommends measures to develop large-scale pumped storage plants in India. It also traces the growth and status of pumped storage hydro plants in India and the world.
ISA announces launch of pilot project backed by Global Solar Facility
The International Solar Alliance’s Global Solar Facility (GSF) includes payment guarantee, insurance and investment fund components to catalyze solar investments in underserved geographies.
India’s installed solar power capacity expected to hit 104 GW by March 2025
ICRA expects India’s installed solar power capacity to grow to 104 GW by March 2025 from 72 GW as of October 2023, led by strong policy support and moderation in solar module prices.
Godawari Power & Ispat commissions 22 MW solar plant for self-consumption
Hira Ferro Alloys, an arm of Godawari Power & Ispat, has commissioned a 22 MW solar plant for self-consumption in Chhattisgarh.
