Adani Green to buy SB Energy’s 5 GW renewable portfolio in India
The Indian developer has agreed to acquire a 100% interest in SB Energy’s India renewable portfolio for approximately US$3.5 billion (INR 26,000 crore). The assets, totaling 4,954 MW, are spread across four Indian states.
Rooftop solar uptake in India: Challenges and way forward
Poor and piecemeal implementation of net metering policies is a major roadblock for the uptake of rooftop solar system in India, according to a new report by Asian Development Bank.
ReNew Power to set up 2 GW mono PERC solar factory in Gujarat
The vertically integrated factory, located in the Dholera Special Industrial Region, will produce 2 GW of mono PERC solar cells and modules annually. Production is expected to start from the next fiscal year.
Uttar Pradesh tenders 106 MW of solar under KUSUM program
Solar power generators have until June 15 to bid for the development of projects on a build-own-operate basis. The ceiling tariff payable for the electricity generated has been fixed at INR 3.10/kWh.
India launches anti-dumping probe for solar cells from China, Thailand and Vietnam
The Directorate General of Trade Remedies (DGTR) under the commerce ministry stated the Indian manufacturers provided sufficient evidence to warrant the initiation of an investigation into the alleged dumping of solar cells. The investigation will aim to determine the existence, degree and effect of the dumping and recommend an amount of anti-dumping duty to offset the material injury to domestic manufacturers.
Cabinet approves INR 18,100-crore incentives for advanced battery storage production
The production-linked incentive scheme for battery storage, with an outlay of INR 18,100 crore (US$ 2459 million), is intended to build a cumulative 50 GWh of advanced chemistry cell (ACC) and 5 GWh of ‘niche’ ACC production facilities in India.
Renewables accounted for 64% of India’s electricity generation capacity addition in FY21
India added 7.7 GW of new renewable energy (RE) capacity in FY2020-21, out of which 5.5 GW (71%) came from solar (grid-scale and rooftop) alone. Overall power generation capacity addition for the year stood at 12.1 GW.
Solar glass maker Borosil Renewables bags national award
The government of India has recognized the manufacturer for the development and commercialization of 2mm thick fully-tempered solar glass, Selene anti-glare solar glass, and Shakti solar glass in matt-matt finish.
Odisha tenders 500 MW of farmland solar under KUSUM program
Solar power generators have until June 22 to bid for the development of projects, on a build-own-operate basis. The ceiling tariff payable for the electricity generated has been fixed at INR3.08 INR/kWh in the tender.
Vikram Solar commissions largest single-site PV project of Uttar Pradesh
Following a 140 MW solar capacity, the EPC contractor has commissioned an additional 85 MW for NTPC at Bilhaur in the Kanpur district. This takes the total project capacity to 225 MW, making it the State’s largest single-site PV plant.
