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KPI Global signs solar power supply agreement for 2.5 MW

The Gujarat-based solar developer has signed solar power supply agreements with textile manufacturer Ginni Filaments Limited (for 1.2 MW) and Sankalp Paper Industries (1.3 MW).

Solar tariff drops below INR 2/kWh

The solar electricity price in India has dipped further to an all-time low of INR 1.99/kWh in a 500 MW Gujarat auction held recently, which is 0.5% lower than the previous record of INR 2/kWh set a month ago.


Structural factors driving down solar tariffs in India

An analysis by India Ratings and Research (Ind-Ra) says improvements in PV panel designs and costs, lower financing costs, and state-specific sectors such as the location’s solar potential and certain waivers have driven the decline in Indian solar tariffs.

Borosil Renewables raises INR 200 crore though QIP issue

The solar glass manufacturer plans to utilize the funds to more than double its solar glass production capacity from 450 tonnes per day (TPD) to 950 TPD.


Mitsui Chemicals’ Gujarat lab now BIS-recognized for solar panel testing 

The Japanese firm, which established the lab in association with Germany-headquartered technical advisor PI Berlin, eventually plans to set up a diagnostic business for solar panels and power plants in India.

Exide Industries increases stake in lithium battery JV with Leclanché

With an additional investment of INR 33.17 crore, Exide Industries’ shareholding in the joint venture company has increased by 2.28% to 80.15% of the paid-up equity share capital.


Prime Minister Narendra Modi unveils 45 MW monocrystalline solar panel plant at PDPU

The solar panel production line at Pandit Deendayal Petroleum University’s campus in Gujarat will demonstrate the process of cell-to-panel integration, lamination and EL testing.


NTPC amends 600 MW solar EPC tender

The state-owned power generator has reduced the tendered capacity from 600 MW to 500 MW. Further, the plants are to be located in Gujarat. Bidding closes on November 19.


Second-life energy storage winner in EDF’s startup contest

Bangalore-based Nunam—which enables second life for used lithium-ion battery cells—is the winner of Pulse India competition conducted by French energy giant EDF. The EDF contest aims at supporting Indian startups committed to developing low-carbon and sustainable energy solutions.  


Waaree’s solar module testing lab becomes NABL accredited

The lab—located at Waaree’s factory in Gujarat—is the first such by an Indian module manufacturer and can perform more than 30 critical IEC tests.

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