Waaree gets NCLT nod for Indosolar acquisition
India’s National Company Law Tribunal (NCLT) has approved Waaree’s acquisition of Indosolar, in a deal that will expand its planned PV cell production capacity from 4 GW to 5.4 GW, while complementing its upcoming foray into module manufacturing.
JA Solar supplies DeepBlue 3.0 modules for 225 MW PV plant
Chinese manufacturer JA Solar has supplied its M10 DeepBlue 3.0 modules for a 225 MW PV solar plant operated by JSW Energy in Karnataka. The modules have an efficiency rating above 21.0% and a power output of up to 545 W, with a 72-cell configuration.
Tata Power commissions 100 MW solar project in Maharashtra
The solar installation, spread across 600 acres, will supply electricity to Maharashtra State Electricity Distribution Company Limited (MSEDCL).
Acme Solar commissions 300 MW solar project in Rajasthan
Indian developer Acme Solar has commissioned its largest single-location PV project so far. The solar project has a capacity of 300 MW and will supply electricity to Maharashtra.
Solar tariffs to rise 21% over the next 12 months
Solar tariffs will likely increase to INR 2.95 ($0.039)/kWh in the next 12 months, mainly due to the 40% basic customs duty on imported solar modules.
India added 3 GW of solar in the first quarter
The solar capacity addition was led by Rajasthan, which accounted for 52% of 2022’s first quarter PV installations.
GreenPowerMonitor provides tech for solar-plus-storage project in Gujarat
Mahindra Susten has selected GreenPowerMonitor’s power plant controller and energy management system for a 6 MWp solar array and 15 MWh battery storage installation. The project will supply 24/7 power for the town of Modhera, Gujarat.
Higher solar module prices: rainy days ahead for developers?
CareEdge Ratings has analyzed the key drivers of rising PV module prices and the impact on projects in India. It has also assessed the tariffs expected in upcoming bids, to ensure that developers get the same returns they were previously getting.
ReNew Power signs deal for INR 50,000-crore renewables, storage project in Karnataka
Developer ReNew Power will invest INR 50,000 crore ($6.5 billion) in solar, wind, hybrid generation, battery storage, and green hydrogen projects over a period of seven years.
Sungrow equips Tata Power battery storage project in Ladakh
Chinese inverter maker Sungrow is supplying its SC2500UD power conversion system and ST2752UX liquid-cooled energy storage system to Tata Power Solar for an integrated battery energy storage project in Ladakh.
