Waaree Energies rated top performer in PVEL’s 2023 PV Module Reliability Scorecard
India’s Waaree Energies has been recognized as Top Performer after its solar modules met international quality and performance benchmarks set by PVEL.
Princeton Digital, Tata Power sign solar deal for 48 MW Mumbai data center
Tata Power Renewable Energy will develop a solar project for captive consumption by Princeton Digital’s data center in Mumbai, Maharashtra. The project will be located in the Nanded district.
Serentica places EPC, product orders for 1.5 GW of renewable energy projects
Serentica Renewables has placed orders with renewable energy solutions providers like Amara Raja Power Systems, Envision, EverRenew, Jinko Solar, Rays Power, Sterling & Wilson, Siemens Gamesa, and Trina Solar.
KPI Green secures 40 MW wind-solar hybrid project
The Gujarat-based developer has secured the letter of intent from Anupam Rasayan India to build a 40 MW wind-solar hybrid project for captive consumption.
ReNew trims net loss to $61 million in FY 2023
ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.
Torrent signs MoU for 5.7 GW of pumped hydro storage in Maharashtra
Torrent Power has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop a cumulative 5.7 GW of pumped hydro storage capacity in Maharashtra.
NHPC exploring pumped storage development
The state-owned hydropower producer is exploring pumped storage development in Andhra Pradesh, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, and Odisha.
Lohum introduces 5 kWh storage system made of second-life EV battery
Noida-headquartered Lohum has introduced a 5 kWh energy storage system under its collaboration with MG Motor India to develop second-life solutions for used EV batteries.
NTPC’s 20 MW Gandhar solar project now fully operational
The 20 MW Gandhar solar project in Gujarat is now fully operational, with its second portion of 10 MW commissioned recently.
Module supply-demand mismatches, higher prices to hit India’s utility-scale solar deployment this year
After a record-breaking 14 GW addition in 2022, India’s annual utility-scale solar deployment will slow down in 2023 due to lower awarded capacity in 2022 and supply-demand mismatch for high-capacity modules, says a new report by The International Energy Agency (IEA).
