The Indian manufacturer has unveiled a 710 Wp bifacial solar module based on the heterojunction (HJT) technology. It also announced plans to invest over INR 5,000 crore ($613 million) to expand its module capacity to 6 GW, build 5 GW of new cell manufacturing capacity, and start auxiliary production by 2025.
The Solar Energy Corporation of India Limited (SECI) has invited bids to set up grid-connected rooftop solar projects on the buildings owned by various Central Armed Police Forces under the Ministry of Home Affairs (MHA). It may also empanel the successful developers for government organizations other than the MHA. Bidding closes on November 22.
Sterling and Wilson Solar Solutions has signed an agreement with the Nigerian Government to build solar projects aggregating to 961 MWp along with total battery storage capacity of 455 MWh in Nigeria.
A new study by Finland’s Lappeenranta-Lahti University of Technology (LUT) shows a 100% renewable energy-based power system is technically possible and is the least-cost option for India in 2050.
The new energy arm of Reliance Industries has signed the agreement to acquire a 20% stake in California-based perovskite solar startup Caelux for $12 million. The investment will accelerate Caelux’ product development and commercialization.
A new report shows Gujarat, Karnataka, Rajasthan, and Telangana have already surpassed their 2022 targets for renewable capacity installations. However, India is still 58 GW away from its 175 GW national target, with 61% of the target shortfall in just four states.
The second tranche of the production-linked incentive scheme for high-efficiency solar module manufacturing has a budgetary outlay of INR 19,500 crore.