Bangladesh secures $200m from Asian Infrastructure Investment Bank to support renewables
The China-led Asian Infrastructure Investment Bank (AIIB) has extended a $200 million long-term credit facility to Bangladesh to finance a range of infrastructure projects, including renewable energy expansion.
Longi surpasses 7 GW of monocrystalline solar panel shipments to India
Chinese PV module manufacturer Longi has surpassed 7 GW of shipments to India, less than six years after launching its operations in the country.
Azure Power appoints new CEO
NYSE-listed Azure Power has appointed IndiGrid’s Harsh Shah as its new chief executive officer. Shah succeeds Ranjit Gupta, who left Azure Power after contributing to the company’s growth for three years.
Multi-chamber solar cold storage system
Uttar Pradesh-based Inficold has developed a multi-chamber, solar-powered cold storage solution that facilitates the storage of multiple perishable commodities in different temperature-controlled chambers, all under their respective ideal storage conditions.
Saatvik launches 545 W bifacial PV modules
Indian manufacturer Saatvik has developed bifacial PV modules based on mono PERC, half-cut technology. The multi-busbar modules boast an efficiency rating of 21.12%.
New renewable capacity additions doubled in FY 2022
India installed 15.5 GW of non-hydro renewable energy capacity in fiscal 2021-22, from just 7.7 GW installed in the preceding fiscal year. About 90% of the total, or 13.9 GW, came from solar.
Webdyn India crosses 4.2 GW mark, Fimer supplies inverters for solar-plus-storage project
Webdyn’s Indian unit has supplied remote monitoring tech and hybrid power management solutions for 4.2 GW of solar plants since 2015, while Italian inverter maker Fimer has supplied its 1 MVA inverters for a new integrated solar-plus-storage project in Gujarat.
Indian solar market leaders in 2021
ReNew Power was the top utility-scale solar developer in 2021, commissioning the largest amount of capacity. Tata Power Solar led in rooftop solar installations, accounting for 20% of total annual additions.
SJVN awards 1 GW solar EPC project to Tata Power
State-owned hydropower producer SJVN has awarded a 1 GW solar engineering, procurement, and construction project to Tata Power Solar. The PV installation will be built in Rajasthan with an investment of around INR 5,492 crore ($720 million).
Waaree supplies 45 MW of PV modules to KPI Global
Mumbai-headquartered Waaree has supplied its 335 Wp polysilicon modules to Gujarat-based developer KPI Global Infrastructure, for projects in Bharuch district, Gujarat.
