Avaada Group signs INR 36,000 crore MoU with Gujarat govt to set up 5 GW solar, 1 GW wind, 5 GWh BESS projects
Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore.
Crompton enters rooftop solar segment with first major order worth INR 52 crore
Crompton Greaves Consumer Electricals Ltd (Crompton) has secured a solar rooftop order worth INR 52 crore in Telangana, marking its entry in this segment. The move aligns with the company’s broader strategy to significantly expand its total addressable market (TAM) from INR 75,000-1 lakh crore to INR 2 lakh crore.
Rajasthan’s 1 GW/2 GWh battery storage tender sets new tariff benchmark at $1,999.45/MW/month
Eleven companies emerged as winners, most of them new entrants to the battery energy storage system (BESS) space. The awarded capacities ranged between 50 MW/100 MWh and 200 MW/400 MWh.
Sembcorp to acquire ReNew’s 300 MW solar assets in Rajasthan
Sembcorp Industries has announced the signing of an agreement to acquire ReNew’s 300 MW solar power asset in Rajasthan. The acquisition, valued at around S$246 million, will increase Sembcorp’s gross renewable energy portfolio in India to 6.9 GW.
Eastman launches ‘Solar Access LIB’ inverter with integrated lithium battery
Eastman Auto & Power Ltd has launched Solar Access LIB, an all-in-one, plug-and-play unit that integrates an inverter with a lithium-ion battery to simplify solar adoption for homes and businesses.
Saatvik Green Energy secures orders for solar PV modules worth more than INR 700 crore
Saatvik Green Energy Ltd has received orders to deliver high-efficiency solar modules worth more than INR 700 crore to projects in the Indian renewable energy market. The modules are set for delivery within FY 2025–26.
IEA revises India’s 2025-30 renewables growth forecast upward by 10%
The International Energy Agency (IEA) expects India to add nearly 345 GW of renewable energy capacity between 2025 and 2030 — a 10% increase over last year’s forecast. The upward revision is driven by record auction volumes in 2024, a new rooftop solar scheme, and faster permitting for pumped storage hydropower projects.
Scaling solar faces realities on the ground
Large-scale solar projects in India face challenges from land constraints to harsh climates and technical losses. This article explores five key roadblocks and how installers are navigating around them.
Waaree Energies completes acquisition of 64% equity stake in transformer company Kotsons
Waaree Energies Ltd has completed the acquisition of a 64% equity stake in transformer solutions company Kotsons Pvt Ltd (KPL) for a total consideration of INR 192 crore. Consequently, KPL has become a subsidiary of the company.
Japan launches R&D call for tandem perovskite solar cell mass production
Japan’s New Energy and Industrial Technology Development Organization (NEDO) is accepting proposals for a six-year R&D program to advance large-scale manufacturing technologies and field testing of next-generation tandem perovskite solar cells.
