Avaada Energy wins 1.4 GW DC solar project from NHPC
Avaada Energy secured the 1.4 GW DC solar project by offering a competitive tariff of INR 2.53 ($0.0304) per kWh to NHPC.
Alpex Solar aims to surpass INR 1,000 crore revenue by FY 2026
Indian PV manufacturer Alpex Solar aims 2.5-fold growth to reach INR 1,000 crore revenue in FY 2026.
Hartek to venture into green hydrogen
Hartek plans to enter green hydrogen business as an EPC provider as well as a developer.
Gujarat tenders 1 GW solar
Gujarat Urja Vikas Nigam Ltd (GUVNL) is accepting bids to develop up to 1 GW of solar PV projects (including 500 MW under greenshoe option) for power supply to the state discom. The projects are to be set up on a build-own-operate basis and can be located anywhere in India.
NHPC allocates 3 GW of solar at $0.030/kWh
The selected developers can set up solar projects anywhere in India, as long as these are connected to the interstate transmission system.
NTPC tenders 3 GW of renewables storage
The state-run power producer has also tendered the EPC package for 630 MW of solar power projects.
KOSOL Energie adds 1 GW of TOPCon solar panel capacity
Gujarat-based KOSOL Energie has added a new 1 GW production line that will produce TOPCon solar modules ranging from 580 Wp up to 715 Wp, in both mono-facial and bifacial variants.
Ayana Renewable Power earns ‘A-’ in ISS ESG Rating
Indian developer Ayana Renewable Power has been recognized with ‘A-‘ rating for its performance on the Environmental, Social, and Governance (ESG) metrics, becoming the top ESG scorer among all renewable energy firms in Asia.
“Net zero will remain only a goal unless we diversify solar supply chains and build adequate renewable energy storage”: ISA president
RK Singh, India’s power minister and president of International Solar Alliance, highlighted the need for investment and research in alternative chemistries for energy storage and in building manufacturing capacities.
Radiance Renewables secures $90 million green loan for 150 MW C&I solar project
Radiance Renewables has become the first commercial & industrial (C&I) renewable energy player in India to secure a green loan project finance facility with $90 million jointly arranged by Axis Bank and Standard Chartered Bank. It will use the funds to develop its 150 MW commercial & industrial (C&I) solar project in Maharashtra.
