Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of a 21 MW AC (29.4 MW DC) ground-mounted solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
India’s solar sector faces rising module costs due to recent developments, including the imposition of anti-dumping duties on solar glass and China’s reduction in export rebates on solar modules, impacting project viability. These shifts underline the delicate balance between promoting local manufacturing, pursuing geopolitical strategies, and navigating the economic realities of global trade.
JSW Renew Energy Thirty Seven has signed battery energy storage purchase agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for 250 MW/500 MWh of standalone battery energy storage system in Rajasthan.
Hindustan Zinc Ltd’s silver segment has emerged as a key earnings pillar with global silver supply under pressure and rising industrial demand—particularly from photovoltaic (PV) cell manufacturing.
A new report by SBICAPS anticipates that the incentive cut under the second phase of the viability gap funding (VGF) scheme for standalone battery energy storage systems (BESS) could lead to a tariff increase of around 10%. However, it adds, this increase is manageable and could be absorbed in the coming months as capex costs continue to decline.
Hindustan Power has secured a Letter of Award from SJVN Ltd to develop a 100 MW interstate transmission system (ISTS)-connected solar power project paired with a 200 MWh battery energy storage system.
Oswal Energies Ltd has received the first 1 MW electrolyser stack from Greenzo Energy India Ltd, marking the operational launch of its INR 320 crore green hydrogen project.
WorldOne Energies has announced plans to establish a 1 GW solar module manufacturing facility in Ontario, Canada, marking a major step in its global expansion beyond India. The facility will produce TOPCon bifacial modules and cater to the North American market.
SJVN Green Energy Ltd (SGEL) has commenced commercial operations of 100.25 MW under the 1,000 MW Bikaner Solar Power Project in Rajasthan.
CleanMax has partnered with Toyota Tsusho India Pvt. Ltd. (TTIPL) to drive clean energy adoption among Japanese corporates in India. Together, they aim to develop and operate 300 MW of renewable energy projects by March 2028.
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