A new report by CEEW says residential rooftops in India could accommodate 637 GW of solar capacity. Tapping just one-third of this potential could support the entire electricity demand of the Indian residential sector.
Strong operating cash flows will support credit profiles of private coal-based plants.
Asia’s wind and solar capacity has expanded exponentially at 35% per year since 2015, outpacing RE growth rate in other continents like Europe and North America.
Gensol Engineering will develop a grid-connected, ground-mounted solar plant to supply power to the hydrogen refueling station. Matrix Gas & Renewables Ltd will oversee the engineering, procurement, and commissioning of electrolysers.
Kuala Lumpur-based utility Tenaga Nasional Berhad (TNB) has started accepting applications for the development of a 30 MW (AC) floating PV plant at a reservoir in eastern Malaysia.
Websol Energy Systems is setting up a 600 MW mono PERC solar cell line and plans to scale it to 1.8 GW in the future. It said the new line will start production in January next year.
Sri Lanka’s government-owned Ceylon Electricity Board (CEB) is inviting applications for the development of 1 MW to 5 MW ground-mounted solar projects – totaling 70 MW – with 20-year power purchase agreements (PPA).
Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.
The state will launch a tender for 4 GW of solar projects soon, with an additional 3 GW to be auctioned subsequently.
India has installed an overall 72,018 MW of solar capacity as of Oct. 31, 2023. Grid-connected solar rooftops account for 15.38% of the cumulative installations.
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